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Mays Family Foundation

SAN ANTONIO, TX EIN: 74-2691624 Website

The Mays Family Foundation is a private 501(c)(3) foundation established in 1994 by L. Lowry Mays and his wife Peggy Pitman Mays. Based in San Antonio, Texas, the foundation is committed to supporting communities through philanthropic giving that aids, empowers, enriches, and educates. The foundation operates with a small dedicated staff and maintains an active grantmaking program.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$312.5M

+2.6% YoY

Annual Giving

$18.2M

+2.0% YoY

Grant Count

181

+18000.0% YoY

Avg Grant Size

$100K

-99.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to support the communities in which it lives, works, and serves through causes that aid, empower, enrich, and educate.

Primary funding focus areas include:

  • Education
  • Health (particularly cancer research and treatment)
  • Environment and animals
  • Arts and culture
  • Human services
  • Christian organizations and ministries
  • Philanthropy, voluntarism, and grantmaking
  • Wildlife

Grantmaking

The foundation favors organizations that:

Grant Range

$1,000 to $3,500,000

Average Grant

amount varies by funding area

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses its funding within Texas, with particular emphasis on Bexar County and San Antonio. The foundation has also made significant grants to institutions outside the immediate San Antonio area, including major gifts to educational institutions.

Grant Distribution by State

12states
+4 more states

Cities

AspenAtlantaAustinBanderaBoca RatonBrooklynBroomfieldCharles TownCharlottesvilleCollege StationElmendorfGeorgetownHoustonJacksonJupiterKennesawKirkwoodNashvilleNew YorkPonte Vedra

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $312,522,351
  • Total revenue: $30,305,592
  • Total expenses: $22,414,242
  • Net income: $7,891,350
  • Total liabilities: $0

Staffing:

  • 2 employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$31M$41M20202021202220232024
Metric202420232022
Total Assets$312,522,351$304,631,040$288,852,936
Revenue$30,305,592$36,879,681$24,577,051
Expenses$22,414,242$21,100,945$22,733,616
Qualifying Distributions$18,755,068$18,216,247$20,500,847
Net Investment Income$27,036,534$34,651,929$20,148,794
Distributable Amount$20,891,024$18,230,603$18,497,351

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M1 grants20201 grants20211 grants20221 grants2023181 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SAN ANTONIO AREA FOUNDAT…$150KALAMO TRUST INC$100KCHARITY BALL ASSOCIATION$100KSAN ANTONIO MUSEUM OF ART$100KTHRIVE WELL CANCER FOUND…$100KCHRIST EPISCOPAL CHURCH$75KEPISCOPAL DIOCESE OF WES…$50KTEXAS CAVALIERS CHARITAB…$50KALAMO COLLEGES FOUNDATIO…$50KTEXAS BIOMEDICAL FORUM$48K

Grant Size Distribution

54 grants across all recorded years

41<$50K4$50–100K5$100–250K$250–500K$500K–1M$1–5M4$5M+

Open Grants

1 open opportunity from Mays Family Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key Personnel:

  • Kathryn Mays Johnson - Director and President (15 hours/week, $89,000 compensation)
  • David E. Green - Managing Director (40 hours/week, $203,000 compensation)
  • Randall T. Mays - Director and Secretary (1 hour/week, no compensation)
  • Mark P. Mays - Director (1 hour/week, no compensation)
  • Linda Mays McCaul - Director (1 hour/week, no compensation)

Compensation Overview

From 2024 IRS filing

KATHRYN MAYS JOHNSONDIRECTOR/PRESIDENT$89K

From 2024 filing

NameTitleHoursCompensation
KATHRYN MAYS JOHNSONDIRECTOR/PRESIDENT15$88,575
LINDA MAYS MCCAULDIRECTOR1
MARK P MAYSDIRECTOR1
RANDALL T MAYSDIRECTOR/SECRETARY1

Recent News & Activity

Recent developments and announcements

2024

In 2024, the Mays Family Foundation made a landmark $25 million donation to Texas A&M University's Mays Business School for a graduate education building. This represented the largest donation in the school's history and was designated to expand programs for future students.

Mays Business School Receives $25M Donation from Mays Family Foundation -
2004

Since 2004, the foundation has donated more than $55 million to community causes.

Mays Family Foundation Donates $25 Million For Graduate Education Building\

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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