Overview
What is Maxaid?
Maxaid is a 501(C)(3) non-profit subsidiary of the Max Foundation, headquartered in Seattle, Washington. Their primary mission revolves around delivering crucial medications, technology, and services to patients battling cancer and other life-threatening illnesses, focusing on those often overlooked by other organizations. Maxaid collaborates with leading global healthcare manufacturers under the Max Access Solutions umbrella, facilitating humanitarian access to essential oncology products. Through this program, medications are sourced directly from drug manufacturers and distributed to individual patients via the Max Foundation's extensive network of healthcare providers and treatment centers in low- and middle-income countries. This collaboration enables thousands of patients to access much-needed oncology treatments they would otherwise be unable to obtain.
Official website here: www.maxaid.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%
Maxaid has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting an impressive score of 99% in Accountability & Finance. This high rating indicates that the organization maintains exemplary standards for financial health and transparency. The organization's commitment to accountability is demonstrated by its majority independent board members and comprehensive policies regarding conflict of interest and whistleblower protections.
The organization excels in its financial metrics, evidenced by a program expense ratio of nearly 100%, showcasing its dedication to directing funds toward its mission rather than administrative overhead. Additionally, there are no reported issues regarding the diversion of assets or liabilities, further solidifying its reputation for financial integrity. Moreover, the absence of fundraising costs points to a highly efficient operation.
However, there is a noted limitation regarding the Donor Privacy Policy, which is missing and has resulted in a score of zero in that category. While this does not overshadow the overall positive assessment, it may be an area for improvement to enhance trust among donors. Overall, Maxaid stands out as a well-managed nonprofit with strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Maxaid legitimate?
Maxaid is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maxaid submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.maxaid.org
What is the mission statement of Maxaid?
Maxaid is a non-profit organization under the Max Foundation, dedicated to accelerating health equity by delivering medication, technology, and services to patients facing cancer and other critical illnesses. The primary focus of Maxaid is to execute treatment access solutions for oncology and critical illness products in low and middle-income countries, in alignment with the Max Foundation's mission. Maxaid facilitates collaborations with leading global healthcare manufacturers through the Max Access Solutions program, ensuring thousands of patients in underserved regions gain access to essential oncology products they would not have otherwise had access to. Through the patient-centered treatment access model called Max Access Solutions, medicines are procured from drug manufacturers and distributed to individual patients via the Max Foundation's network of healthcare providers and treatment centers.
Official website here: www.maxaid.org
Who is the CEO of Maxaid?
Patricia Garcia-Gonzalez is the Chief Executive Officer of Maxaid. The CEO's salary of Maxaid is $0 and their total compensation is $317,879.
Official website here: www.maxaid.org
What is the revenue of Maxaid?
Maxaid's revenue in 2022 was $317,889,984.
Official website here: www.maxaid.org
Who are the executives of Maxaid and what are their salaries?
There 38 volunteers at Maxaid.
Here are 9 key members and their salaries (Maxaid's CEO's salary is $0 and their total compensation is $317,879):
- Compensation: $0
- Related: $292,137
- Other: $25,742
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $192,860
- Other: $19,902
Official website here: www.maxaid.org
Where can I find the form 990 for Maxaid?
Maxaid's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maxaid.org
Learn more at the official website: www.maxaid.org
Mission Statement of Maxaid
Maxaid, a 501(c)(3) non-profit subsidiary of the Max Foundation, is dedicated to accelerating health equity by delivering medication, technology, and services to patients facing cancer and other critical illnesses. Maxaid focuses on those who are not being helped by others, carrying out treatment access solutions for oncology and other critical illness products in low and middle-income countries.
Maxaid facilitates collaborations with leading global healthcare manufacturers through the Max Foundation's humanitarian access program, Max Access Solutions. These collaborations enable thousands of patients in low- and middle-income countries to access much-needed oncology products, which they would not have been able to obtain otherwise. The procuring and channelling of medicines to individual patients is done through the Max Foundation's network of healthcare providers and treatment centers. This patient-centered treatment access model, known as Max Access Solutions, is a crucial component of Maxaid's mission.
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Impact
October, 2024
Maxaid plays a pivotal role in enhancing health equity by providing access to essential medications, technology, and services for patients battling cancer and other critical illnesses, particularly in low- and middle-income countries. By collaborating with leading global healthcare manufacturers, Maxaid facilitates the procurement of oncology products that vulnerable patients would typically struggle to obtain.
Through its comprehensive program, Max Access Solutions, Maxaid connects these medicines directly to patients via a robust network of healthcare providers and treatment centers. This initiative not only addresses the immediate needs of these individuals but also emphasizes a patient-centered approach, ensuring that those who are often overlooked receive the support they desperately need. As a result, Maxaid significantly improves the quality of life and treatment outcomes for thousands of patients, making a measurable difference in communities that face significant healthcare challenges.
This information is meant to be a general summary of Maxaid. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $317,889,984
Assets and Liabilities:
- Total Assets: $121,782,891
- Total Liabilities: $2,403,092
- Net Assets: $119,379,799
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Organization Details
Founding Year
2016
Phone
(425) 778-8660Principal Officer
Patricia Garcia-Gonzalez
Main Address
1107 NE 45TH 230, SEATTLE, WA, 98105
Website
www.maxaid.orgNTEE Category
Code: G19 - Disease
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