Maydan Charitable Trust EIN 94-6733851

Maydan Charitable Trust FY2022 filing

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Gives grants and contributions to other charitable groups. For fiscal year 2022 it reported $26K in revenue, $90K in expenses, and $181K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Los Altos Hls, CA
Filings
6 on file (2020–2022)
Revenue
$26KFY2022
Expenses
$90K
Net assets
$181K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  94-6733851 Public foundation / grantmaker Los Altos Hls, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Gives grants and contributions to other charitable groups.
Leadership
Dan Maydan · Chairman
Money in and out
$26K revenue, $90K expenses
Bottom line
97% program efficiency
Grants paid & assets · FY2022
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$90K
Pt IX · Ln 25
Net assets
$181K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$64K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
24.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-246%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$26K
FY2022▲ +0.7%
Expenses
$90K
FY2022
Total assets
$181K
FY2022▼ -26%
Total liabilities
$0
FY2022
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$90K
Pt IX · Ln 25
Net assets
$181K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$64K
Total assetsPt X · Ln 16$181K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $88K of program spending, described in the organization's own filed words · FY2022.
01

To provide grants and contributions to 501(c)(3) nonprofits as expressed in the trust.

$88Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaydan Charitable Trust
EINHdr · item D94-6733851
Principal addressHdr · item CLos Altos Hls, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFSep 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$24K · 91%
Contributions & grants$2K · 9%
Investment income91%$24K
Contributions & grants9%$2K
Total revenueLn 12$26K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$88K
Management & general3%$2K
Total functional expensesLn 25$90K

Balance Sheet

Part X · end of year
CashLn 1$13K
Total assetsLn 16$181K
Total liabilitiesLn 26$0
Total net assetsLn 32$181K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $181K · Operating expenses/yr $90K
24.1 months
Where the money goes
Program services
Program services $88K · Total expenses $90K
97%
Management & General
Management & general $2K · Total expenses $90K
3%
Fundraising
Fundraising $0 · Total expenses $90K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $26K
9%
Government reliance
Government grants — · Total revenue $26K
Earned-income share
Program service revenue $0 · Total revenue $26K
0%
Investment reliance
Investment income $24K · Total revenue $26K
+91%
Program self-sufficiency
Program service revenue $0 · Total expenses $90K
0%
Growth & trend
Revenue growth (YoY)
This year $26K · Prior year $26K
+0.7%
Net-asset trend (YoY)
End of year $181K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $26K · Expenses $90K
-246%
Liabilities-to-Assets
Total liabilities — · Total assets $181K
Net-asset ratio
Net assets $181K · Total assets $181K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $168K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $181K
93%
People & payroll
Highest Reported Total Compensation
Individual Dan Maydan · Reported title Chairman · Highest reported compensation $0 · Total expenses $90K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $90K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 0.7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $614K · 2020–2025

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$104K revenue · ⤓ 990 PDF
FY2024$101K revenue · ⤓ 990 PDF
FY2023$-2K revenue · ⤓ 990 PDF
FY2022$26K revenue · viewing · ⤓ 990 PDF
FY2021$26K revenue · ⤓ 990 PDF
FY2020$36K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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