Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Gifts Of The Magi Foundation is a private corporation based in SAN DIEGO, CA. The foundation received its IRS ruling in 2006. The principal officer is Tom Liguori. It holds total assets of $14.6M. Annual income is reported at $11.9M. Total assets have grown from $2.3M in 2011 to $14.6M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Gifts Of The Magi Foundation has made 3 grants totaling $545K, with a median grant of $120K. Annual giving has decreased from $360K in 2020 to $120K in 2022. Individual grants have ranged from $65K to $360K, with an average award of $182K. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Gifts Of The Magi Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Gifts Of The Magi Foundation has distributed a total of $545K across 3 grants. The median grant size is $120K, with an average of $182K. Individual grants have ranged from $65K to $360K.
Gifts Of The Magi Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gifts Of The Magi Foundation is headquartered in SAN DIEGO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel T Liguori | VICE PRESIDENT | $0 | $0 | N/A |
| Catherine E Liguori | VICE PRESIDENT | $0 | $0 | N/A |
| Lisa A Liguori | CFO & SECRETARY | $0 | $0 | N/A |
| Susan K Liguori | CEO & DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.6M
Fair Market Value
N/A
Net Worth
$14.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$545K
Average Grant
$182K
Median Grant
$120K
Unique Recipients
1
Most Common Grant
$65K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| HappinessadventureCHARITABLE CONTRIBUTIONS | San Diego, CA | $120K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA