Mayc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$370K
+22.2% YoY
Annual Giving
$18K
-1.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$9K
-1.2% YoY
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.
About Mayc Foundation
Based on IRS filings
Mayc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $369,693 | $302,592 | $261,611 |
| Revenue | $173,647 | $89,956 | $53,112 |
| Expenses | $28,691 | $26,452 | $23,379 |
| Qualifying Distributions | $17,785 | $18,000 | $17,000 |
| Net Investment Income | $62,434 | $39,119 | $6,287 |
| Distributable Amount | $18,174 | $12,994 | $12,189 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mahomet Area Youth Club ($15,785), Mahomet Area Youth Club Students ($2,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSHUA JESSUP | PRESIDENT | 0.5 | — |
| PATRICIA MCINTOSH | VICE-PRESIDENT | 0.5 | — |
| MIKE DILLAVOU | TREASURER | 0.5 | — |
| DEB KIMME | SECRETARY | 0.5 | — |
| GARY MATTHEWS | BOARD MEMBER | 0.5 | — |
| ALICE ELDER-MILLER | BOARD MEMBER | 0.5 | — |
| MARGARET WHITE | BOARD MEMBER | 0.5 | — |
| KEVIN MELCHIORRE | BOARD MEMBER | 0.5 | — |
| GRETCHEN MILLER | BOARD MEMBER | 0.5 | — |
| LUCAS SCHOONOVER | BOARD MEMBER | 0.5 | — |
| DARLENE BAKER | BOARD MEMBER | 0.5 | — |
| BRIANNA BUCHANAN | BOARD MEMBER | 0.5 | — |
| KARL MAUZY | BOARD MEMBER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mayc Foundation?
Mayc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MAHOMET, IL. It holds $370K in total assets as of 2024.
How large is Mayc Foundation?
As of 2024, Mayc Foundation holds $370K in total assets with $174K in annual revenue. It awarded 2 grants totaling $18K in 2024.
Where does Mayc Foundation operate?
Mayc Foundation has awarded grants in Illinois.
What size grants does Mayc Foundation award?
In 2024, Mayc Foundation awarded 2 grants totaling $18K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Mayc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mayc Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Mayc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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