Mayc Foundation
Mayc Foundation is a private foundation, based in Mahomet, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $370K in total assets. In 2024, it awarded 2 grants totaling $18K. Net investment income was $62K.
Mayc Foundation at a glance
In short: Mayc Foundation gave $18K across 2 grants in 2024 (avg $9K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $17,785
- -1.2% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $8,893
- -1.2% vs 2023
- Median grant
- $8,893
- Total assets
- $369,693
- +22.2% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mayc Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Mahomet Area Youth Club ($16K). Together the top 2 received $18K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Mayc Foundation gives
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $16K (2020) to $19K (2021). In 2024 it made 2 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mahomet Area Youth Club Mahomet, IL | Payments to support the mahomet area youth club, a tax-exempt charitable organization that provides after-school and summer programs for disadvantaged children from the local mahomet area community (ein 81-0615577) | $15,785 |
| Mahomet Area Youth Club Students Mahomet, IL | Scholarships for students who are in the same class as the mahomet area youth club | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $369,693 | $173,647 | $28,691 | $17,785 | 2 | $17,785 | $62,434 | $18,174 |
| 2023 | $302,592 | $89,956 | $26,452 | $18,000 | 2 | $18,000 | $39,119 | $12,994 |
| 2022 | $261,611 | $53,112 | $23,379 | $17,000 | 2 | $17,000 | $6,287 | $12,189 |
| 2021 | $230,880 | $51,960 | $24,694 | $18,500 | 2 | $18,500 | $34,796 | $14,314 |
| 2020 | $201,092 | $26,010 | $19,975 | $15,500 | 1 | — | $10,429 | $11,380 |
Under IRS private-foundation payout rules, Mayc Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mayc Foundation is led by Joshua Jessup, President on every filing since 2021; none of the 13 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joshua Jessup
President
On filings since 2021
0.5 hrs/week
No compensation reported
Deb Kimme
Secretary
Board Member → Secretary, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Gary Matthews
Board Member
Vice President → Board Member, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Mike Dillavou
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Alice Elder-Miller
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Darlene Baker
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Margaret White
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Brianna Buchanan
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Gretchen Miller
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Karl Mauzy
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Kevin Melchiorre
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Lucas Schoonover
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Patricia McIntosh
Vice President
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (17)
- Former: Kim Stelle (2020–2023) — Board Member
- Former: John Koller (2023) — Board Member
- Former: Alan Singleton (2020–2022) — Board Member
- Former: Ashley Quach (2020–2022) — Board Member
- Former: Debe Williams (2020–2022) — Board Member
- Former: Doug Schroeder (2021–2022) — Board Member
- Former: Gary Denzer (2021–2022) — Board Member
- Former: Lindsey Halfar (2021–2022) — Board Member
- Former: Patti McIntosh (2021–2022) — Vice President
- Former: Brady Allison (2020) — Board Member
- Former: Chad Hoffman (2020) — Board Member
- Former: Christopher Forman (2020) — Board Member
- Former: Crystal Bailey (2020) — Board Member
- Former: Darwyn Boston (2020) — Board Member
- Former: Josh Jessup (2020) — Board Member
- Former: Judy Owens-Yost (2020) — Board Member
- Former: Matthew Difanis (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mayc Foundation
How much does Mayc Foundation give each year?
Mayc Foundation gave $18K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 2 grants.
How large is Mayc Foundation?
Mayc Foundation reported $370K in total assets on its 2024 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Mayc Foundation operate?
Mayc Foundation has awarded grants in Illinois.
What is Mayc Foundation's EIN?
Mayc Foundation's EIN (Employer Identification Number) is 37-1386139. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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