Maynard Family Foundation
The Maynard Family Foundation is a private foundation based in Tallmadge, Ohio, established in 2022. The organization is dedicated to creating and sustaining a vibrant and healthy community in the Greater Akron area through strategic philanthropic investments and collaborative partnerships with community-based organizations.
Key facts about Maynard Family Foundation
- EIN
- 87-4489513
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,128,650
- Grants made (2024)
- 95
- Average grant
- $11,881
- Median grant
- $5,000
- New grantees (estimate)
- 37% first-time grantees (35 of 94, 2024)
- Total assets
- $20,182,727
- Primary geography
- Ohio (99% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Maynard Family Foundation funds
By grant dollars, the top recipient states for Maynard Family Foundation's 95 itemized 2024 grants were Ohio (99%). The most frequent recipient cities were Akron, OH (68 grants), Tallmadge, OH (4 grants), Cleveland, OH (3 grants) and Barberton, OH (2 grants). None of its 95 grants with a stated purpose were described as general or operating support. Recurring purposes include "Toward Program Support" (95 grants).
Is Maynard Family Foundation open to new grantees?
37%
first-time grantees, 2024
In 2024, 35 of 94 grantees (37%) were first-time recipients. First grants averaged $8K; repeat grants $14K. How we count
Medians: $3K first-time, $5K repeat.
- 57% of 2024 grantees were also funded in 2023. 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
Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Maynard Family Foundation
- How to evaluate Maynard Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.2M
-0.8% YoY
Annual Giving
$1.1M
+9.7% YoY
Grant Count
95
+10.5% YoY
Avg Grant Size
$12K
-0.7% YoY
Under IRS private-foundation payout rules, Maynard Family Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Maynard Family Foundation is dedicated to helping create and sustain a vibrant and healthy community in the Greater Akron area, where residents have equal opportunities to live, work, and be enriched. The foundation invests in and collaborates with strong community-based organizations that promote self-reliance and economic independence, and positively contribute to the quality of life for economically, physically, and emotionally challenged individuals.
The foundation strives to invest in regional, transformational non-profit projects that help people in need to advance and thrive. Primary funding focus areas include education, human services, and philanthropy.
Grantmaking
The foundation made 59 grants totaling $1,128,650 in 2024. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, with additional grantmaking activity in Texas and New York. The primary focus remains the Greater Akron area.
Grant Distribution by State
Share of all 95 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $20,182,727
- Total Revenues: $1,335,625
- Total Expenses: $1,496,407
- Total Giving: $1,128,650
- Number of Employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,182,727 | $20,343,509 | $20,686,342 |
| Revenue | $1,335,625 | $992,828 | $20,145,420 |
| Expenses | $1,496,407 | $1,339,367 | $1,151,736 |
| Qualifying Distributions | $1,128,650 | $1,029,265 | $1,003,170 |
| Net Investment Income | $752,669 | $401,783 | $477,319 |
| Distributable Amount | $1,153,255 | $1,030,784 | $865,823 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Well CDC ($125,000), Akron Children's Hospital ($100,000), United Way ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WELL CDC Akron, OH | TOWARD PROGRAM SUPPORT | $125,000 |
| AKRON CHILDREN'S HOSPITAL Akron, OH | TOWARD PROGRAM SUPPORT | $100,000 |
| UNITED WAY Akron, OH | TOWARD PROGRAM SUPPORT | $100,000 |
| GRACE HOUSE Akron, OH | TOWARD PROGRAM SUPPORT | $60,000 |
| VINCENT HOUSE Akron, OH | TOWARD PROGRAM SUPPORT | $60,000 |
| ARCHBISHOP HOBAN Akron, OH | TOWARD PROGRAM SUPPORT | $50,000 |
| FRONT PORCH FELLOWSHIP Akron, OH | TOWARD PROGRAM SUPPORT | $50,000 |
| TRULY REACHING YOU Akron, OH | TOWARD PROGRAM SUPPORT | $50,000 |
| LEADERSHIP AKRON Akron, OH | TOWARD PROGRAM SUPPORT | $35,000 |
| JULIE BILLIART SCHOOL Akron, OH | TOWARD PROGRAM SUPPORT | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Pamela E Loughry serves as Executive Director with an annual compensation of $85,000 (as of November 2024).
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pamela E Loughry | Executive Director | 20 | $88,000 |
| Amy Griffith | President | 10 | $40,820 |
| Emily Eckart | Secretary | 0.5 | — |
| Timothy Griffith | Director | 0.5 | — |
| Matthew Eckart | Treasurer | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In 2023, the Maynard Family Foundation established a chair in neurodevelopmental sciences at Akron Children's Hospital, demonstrating the foundation's commitment to advancing healthcare and research in the region.
Maynard family gift strengthens College of Education scholarship programThe foundation maintains a mailing address at P.O. Box 36, Tallmadge, OH 44278 for those interested in making donations or inquiries.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Maynard Family Foundation fund?
The Maynard Family Foundation is dedicated to helping create and sustain a vibrant and healthy community in the Greater Akron area, where residents have equal opportunities to live, work, and be enriched. The foundation invests in and collaborates with strong community-based organizations that promote self-reliance and economic independence, and positively contribute to the quality of life for economically, physically, and emotionally challenged individuals. The foundation strives to invest in …
How do I apply for a grant from Maynard Family Foundation?
The foundation made 59 grants totaling $1,128,650 in 2024. Recent notable grants include: • United Way of Summit and Medina: $100,000 (Program Support) • Grace House Akron: $60,000 (Program Support) • Archbishop Hoban High School: $50,000 (Program Support) Typical grant awards range from $250 to $200,000. The foundation has also established a chair in neurodevelopmental sciences at Akron Children's Hospital.
Where does Maynard Family Foundation make grants?
The foundation primarily funds organizations in Ohio, with additional grantmaking activity in Texas and New York. The primary focus remains the Greater Akron area.
What size grants does Maynard Family Foundation award?
In 2024, Maynard Family Foundation awarded 95 grants totaling $1.1M — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Maynard Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Maynard Family Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Maynard Family Foundation's EIN?
Maynard Family Foundation's EIN (Employer Identification Number) is 87-4489513. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.