The Maverick Giving Fund Inc

What it reported doing in 2024

Maverick giving fund - maverick giving fund creates a better life for low- income, in-need, and at-risk individuals and communities through effectively and efficiently realizing the charitable vision of those committed to generational change. Generational change in families and communities is achieved through maverick giving fund's fiscal sponsorship of the charitable missions of individuals, corporations, and businesses with novel ideas about impacting communities. The foundation will provide the vehicle for making these ideas a reality within a compliant infrastructure. The foundation will promote philanthropic participation by those who might be hesitant to participate due to time delays, costs of implementation, and lack of diversity, expertise, and choice in philanthropy. Thus, the foundation helps increase participation in philanthropic impact throughout the country by breaking the barriers to participation and inspiring donors to fulfill their dreams to change the world. The maverick giving fund will (1) dedicate fifty percent of its time to issue grants to compliant 501c3 organizations that are effectively serving those most marginalized and disadvantaged populations across the united states on behalf of those committed donors, (2) twenty-five percent of its time creating and executing customized community outreach programs that are novel in approach and directly increase the resources or access to resources for disadvantaged individuals and communities experiencing poverty, illness, family strife, food insecurity, educational barriers, and social injustice, (3) twenty-five percent of its time creating grant and scholarship programs for families in need to apply for assistance, and (4) will provide a trusted source to monitor impact and assure regulatory compliance of grantees and partners.

Financial Efficiency

• Mission deployment rate: 68%; rating input score 68
• Program expense ratio: 100%; rating input score 100

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100

Sustainability

• Operating margin: 32.1%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited