The Maxfield Foundation

Private foundation · Grantmaker Marble Falls, TX EIN: 77-0099366

The Maxfield Foundation is a private foundation based in Marble Falls, Texas. Its stated primary purpose is to support cancer and leukemia research, directly or through qualifying charitable organizations; its bylaws also provide for contributions to other qualifying organizations.

Key facts about The Maxfield Foundation

In short: The Maxfield Foundation gave $61K across 1 grant in 2023 (avg $61K), mostly in New Jersey. Source: 2023 IRS Form 990-PF.

EIN
77-0099366
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$61,243
Grants made (2023)
1
Average grant
$61,243
Median grant
$61,243
Primary geography
New Jersey (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$61K

-98.8% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$61K

-95.1% YoY

Under IRS private-foundation payout rules, The Maxfield Foundation reported a distributable amount of $460 for 2023 — the minimum it must pay out in qualifying distributions.

How The Maxfield Foundation gives

  • Giving fell 96% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

The foundation’s bylaws state that its primary purpose is to use income or principal for cancer and leukemia research, either directly or through contributions to organizations qualifying under section 501(c)(3) of the Internal Revenue Code. A secondary purpose is to contribute to other qualifying organizations, at times and in amounts determined by its board.

Grantmaking

In 2023, the foundation reported one grant totaling $61,243. That was also the grant’s minimum, maximum, and median amount for the year. The sole listed recipient was Bessemer Giving Fund in Woodbridge, New Jersey, for the purpose of making grants to qualified recipient charitable organizations.

Review Cycle

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Geographic Focus

Where this funder awards grants

All grant dollars itemized for 2023 went to a recipient in New Jersey.

Grant Distribution by State

9states

Share of the 2023 grant dollars on its one itemized grant.

Cities

TruckeeIncline VillageHoustonSanta FeTahoe CityArlingtonBoulderPalo AltoSan Luis ObispoWoodbridgeGrass ValleyPark CitySan DiegoSandstoneSouth Lake Tahoe

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M16 grants2019 16 grants2020 13 grants2021 4 grants2022 1 grant2023

From 2019 to 2023, annual grant giving ranged from $61K (2023) to $5.0M (2022). In 2023 it made 1 grant totaling $61K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2023

Bessemer Giving Fund: $61KBessemer Giving Fund$61K

The largest 2023 recipient was Bessemer Giving Fund ($61K).

Grant Size Distribution

50 grants across all recorded years

38<$50K5$50–100K2$100–250K1$250–500K$500K–1M4$1–5M$5M+

The most common grant size was under $50K: 38 grants of 50 (76%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bessemer Giving Fund Woodbridge, NJTo Make Grants to Qualified Recipient Charitable Organizations$61,243

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2023 — $6,583 $68,850 $61,243 1
2022 $62,267 $391,322 $4,989,586 $4,961,790 4
2021 $4,660,531 $434,094 $2,483,824 $2,448,000 13
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$62,267$4,660,531
Revenue$6,583$391,322$434,094
Expenses$68,850$4,989,586$2,483,824
Qualifying Distributions$62,375$4,964,820$2,448,150
Net Investment Income—$366,556$406,737
Distributable Amount$460$292,738$360,959

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 17, 2020)
  2. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing listed Robert R. Maxfield as president; Katherine Maxfield and Melinda E. Maxfield as vice presidents; Valerie Gillen as chief financial officer; and Michael P. Groom as secretary.

The Maxfield Foundation is led by Robert R. Maxfield, President on every filing since 2019; none of the 5 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Robert R. Maxfield

    President

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Katherine Maxfield

    Vice President

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Melinda E. Maxfield

    Vice President

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Michael P. Groom

    Secretary

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Valerie Gillen

    Chief Financial Officer

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Robert R Maxfield
Mailing address: 701 N Us Highway 281 Suite H 1006, Marble Falls, TX 78654
Phone: (650) 559-1560

Frequently asked questions about The Maxfield Foundation

How much does The Maxfield Foundation give each year?

The Maxfield Foundation gave $61K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $5.0M across 4 grants.

What does The Maxfield Foundation fund?

The foundation’s bylaws state that its primary purpose is to use income or principal for cancer and leukemia research, either directly or through contributions to organizations qualifying under section 501(c)(3) of the Internal Revenue Code. See mission & focus areas ↑

How do I apply for a grant from The Maxfield Foundation?

The Maxfield Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

Where does The Maxfield Foundation make grants?

All grant dollars itemized for 2023 went to a recipient in New Jersey.

How much is The Maxfield Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Maxfield Foundation reported a distributable amount of $460 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Maxfield Foundation's EIN?

The Maxfield Foundation's EIN (Employer Identification Number) is 77-0099366. IRS Form 990 filing data is available on this page for 2019–2023.

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

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