Mildred Summers Maurer Testamentary
Mildred Summers Maurer Testamentary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONROE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $612K in total assets. In 2024, it awarded 1 grants totaling $68K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$612K
-7.3% YoY
Annual Giving
$68K
+88.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$68K
+277.8% YoY
Under IRS private-foundation payout rules, Mildred Summers Maurer Testamentary reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Mildred Summers Maurer Testamentary
Based on IRS filings
Mildred Summers Maurer Testamentary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONROE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $612K in total assets. In 2024, it awarded 1 grants totaling $68K. Net investment income was $34K.
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 | $612,497 | $660,904 | $678,196 |
| Revenue | $39,597 | $24,861 | $18,402 |
| Expenses | $75,224 | $42,153 | $42,444 |
| Qualifying Distributions | $69,251 | $36,000 | $36,000 |
| Net Investment Income | $34,011 | $19,692 | $12,202 |
| Distributable Amount | $36,075 | $32,025 | $33,849 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 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 University of Louisiana at Monroe Foundation ($68,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF LOUISIANA AT MONROE FOUNDATION MONROE, LA | FOR THE PURCHASE AND MAINTENANCE OF EQUIPMENT BY THE COLLEGE OF PHARMACY AT THE UNIVERSITY OF LOUISIANA AT MONROE | $68,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| H WILSON CAMPBELL | TRUSTEE | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mildred Summers Maurer Testamentary?
Mildred Summers Maurer Testamentary is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONROE, LA. It holds $612K in total assets as of 2024.
How large is Mildred Summers Maurer Testamentary?
As of 2024, Mildred Summers Maurer Testamentary holds $612K in total assets with $40K in annual revenue. It awarded 1 grants totaling $68K in 2024.
Where does Mildred Summers Maurer Testamentary operate?
Mildred Summers Maurer Testamentary has awarded grants in Louisiana.
What size grants does Mildred Summers Maurer Testamentary award?
In 2024, Mildred Summers Maurer Testamentary awarded 1 grants totaling $68K — an average of about $68K per grant, based on its IRS Form 990 filings.
How much is Mildred Summers Maurer Testamentary required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mildred Summers Maurer Testamentary reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mildred Summers Maurer Testamentary's EIN?
Mildred Summers Maurer Testamentary's EIN (Employer Identification Number) is 81-6347137. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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