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Maxaid
Maxaid reported $309.1 million in revenue and $371.0 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $349,289 (CHIEF EXECUTIVE OFFICER). Revenue rose 67% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $371MFor context, the median across 314 covered diseases, disorders & medical disciplines charities: $88.73 programs, $10.89 management, $0.38 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $309MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 10.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.4% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 100.0% | 24.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.6% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 59.5% |
| Highest reported compensation Part VII-A, columns D–F | $349,289 | $391,657 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.09% | 1.45% |
| People paid over $100,000 Part VII, line 2 | 0 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.4 | 7.6 |
| Independent voting board members Part VI 1a–1b | 7 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseMaxaid hosts the max foundation's collaboration with leading global healthcare manufacturers, for humanitarian access to critical medicines under the umbrella of max access solutions. Within this program, medicines are procured from drug manufacturers andchanneled to individual patients through the max foundation's network of healthcare providers and treatment centers. The collaborations enable thousands of patients in low- and middle-income countries to access much needed oncology products that they would not have otherwise been able to access. Access to medicines was enabled through the max…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 5.00 hrs/week | $0 | $322,386 | $26,903 | $349,289 |
| CFO & VP, ADMINISTRATION Officer, 2.00 hrs/week | $0 | $209,319 | $18,740 | $228,059 |
0 people received more than $100,000 in reportable compensation from Maxaid (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 631
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| THE MAX FOUNDATION Professional services | $7,691,197 |
| TANNER PHARMA CH GMBH Supply chain management | $4,057,955 |
| TANNERGAP INC Supply chain management | $507,307 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Maxaid totaling $590 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Maxaid's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Maxaid, you can publish a response that is linked from this page.
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Of every $100 Maxaid spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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All diseases, disorders & medical disciplines charities · Largest charities in Washington
Questions people ask
How much of Maxaid's spending goes to programs?
In calendar year 2024, Maxaid reported that 100.0% of its $371.0 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Maxaid pay its top executive?
The largest total compensation Maxaid reported for one person in calendar year 2024 was $349,289, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Maxaid get its money?
Of $309.1 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Maxaid a registered charity?
The IRS lists EIN 35-2577906 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503209349300945 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202442299349301144 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302169349300700 · read the filing
- 2021: Form 990 for calendar year 2021, object 202232839349301243 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133069349301913 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033039349301423 · read the filing
All filings for EIN 35-2577906: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.