The Mimsye and Leon May Foundation

NASHVILLE, TN EIN: 62-6037728

The Mimsye and Leon May Foundation is a private foundation, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 6 grants totaling $200K. Net investment income was $115K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

Annual Giving

$200K

Grant Count

Avg Grant Size

$33K

Under IRS private-foundation payout rules, The Mimsye and Leon May Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mimsye and Leon May Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $835K (94%)

Massachusetts $34K (4%)

New York $21K (2%)

States

Massachusetts New York Tennessee

Cities

BostonHicksvilleNashvilleNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2022	2021
Total Assets	$3,701,132	$3,879,028	$4,022,981
Revenue	$117,440	$110,957	$504,793
Expenses	$202,250	$202,771	$192,722
Qualifying Distributions	$200,000	$200,000	—
Net Investment Income	$115,190	$108,151	$346,089
Distributable Amount	$149,498	$181,953	$203,522

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

34 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jacob Jack May Foundation ($50,000), Doug & Melanie Hirt Foundation ($50,000), Deborah Wolfman Trust ($50,000).

Recipient	Purpose	Amount
JEWISH FEDERATION OF NASHVILLE NASHVILLE, TN	GENERAL SUPPORT	$21,750
AKIVA SCHOOL NASHVILLE, TN	GENERAL SUPPORT	$10,000
JACOB JACK MAY FOUNDATION NASHVILLE, TN	GENERAL SUPPORT	$50,000
WEST END SYNAGOGUE NASHVILLE, TN	GENERAL SUPPORT	$18,250
DOUG & MELANIE HIRT FOUNDATION NASHVILLE, TN	GENERAL SUPPORT	$50,000
DEBORAH WOLFMAN TRUST NASHVILLE, TN	GENERAL SUPPORT	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JACOB MAY	PRESIDENT	—	—
MELANIE HIRT	SECRETARY	—	—

Frequently Asked Questions

How large is The Mimsye and Leon May Foundation?

As of 2024, The Mimsye and Leon May Foundation holds $3.7M in total assets with $117K in annual revenue. It awarded 6 grants totaling $200K in 2024.

Where does The Mimsye and Leon May Foundation operate?

The Mimsye and Leon May Foundation has awarded grants in Massachusetts, New York, Tennessee.

What size grants does The Mimsye and Leon May Foundation award?

In 2024, The Mimsye and Leon May Foundation awarded 6 grants totaling $200K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Mimsye and Leon May Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mimsye and Leon May Foundation reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mimsye and Leon May Foundation's EIN?

The Mimsye and Leon May Foundation's EIN (Employer Identification Number) is 62-6037728. IRS Form 990 filing data is available on this page for 2020–2024.