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Also known as: C/O AL P TREBING ESQ
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Magaro Family Foundation Inc. is a private corporation based in DANBURY, CT. The foundation received its IRS ruling in 2015. It holds total assets of $27.1M. Annual income is reported at $180K. Total assets have grown from $4.1M in 2014 to $27.1M in 2024. The foundation is governed by 3 officers and trustees. Charitable giving - the foundation makes charitable donations to public charities to help these organizations further their own exempt charitable activities and programs. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Funding is distributed across 4 states, including California, Massachusetts, Texas. According to available records, Magaro Family Foundation Inc. has made 34 grants totaling $2.9M, with a median grant of $10K. Annual giving has decreased from $633K in 2019 to $355K in 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 10 grants. Individual grants have ranged from $1K to $1.1M, with an average award of $86K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Texas, California, Connecticut, which account for 65% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$651K
Largest Grant
$4.3M
Based on 7 grants from the most recent 990-PF filing.
Charitable giving - the foundation makes charitable donations to public charities to help these organizations further their own exempt charitable activities and programs.
The management and administrative costs incurred to operate the foundation directly support and are necessary to carry out the charitable programs and activities supported by the foundation.
Charitable giving - the foundation makes charitable donations to public charities to help these organizations further their own exempt charitable activities and programs. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in TX, CA, CT.
Magaro Family Foundation Inc. has distributed a total of $2.9M across 34 grants. The median grant size is $10K, with an average of $86K. Individual grants have ranged from $1K to $1.1M.
Magaro Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Magaro Family Foundation Inc. is headquartered in DANBURY, CT. While based in CT, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diviya Magaro | PRESIDENT/TR | $0 | $0 | N/A |
| Alex Magaro | DIRECTOR | $0 | $0 | N/A |
| Al P Trebing Esq | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$27.1M
Fair Market Value
N/A
Net Worth
$27.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$2.9M
Average Grant
$86K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yale UniversityDONATION | New Haven, CT | $150K | 2023 |
| Cold Spring Harbor LaboratoryDONATION | Cold Spring Harbor, NY | $125K | 2023 |
| Proof SchoolDONATION | San Francisco, CA | $50K | 2023 |
| Harvard UniversityDONATION | Cambridge, MA | $10K | 2023 |
| University Of AustinROWING CLUB | Austin, TX | $10K | 2023 |
| Foundation For Individual RightsDONATION | Philadelphia, PA | $10K | 2023 |
| Ucsf FoundationDONATION | San Francisco, CA | $50K | 2022 |
| Marin County Food BankDONATION | San Francisco, CA | $25K | 2022 |
| Mises InstituteDONATION | Auburn, AL | $10K | 2022 |
| Radcliffe InstituteDONATION | Cambridge, MA | $10K | 2022 |
| Hillsdale CollegeDONATION | Hillsdale, MI | $10K | 2022 |
| Claremont InstituteDONATION | Upland, CA | $5K | 2022 |
| Albertus Magnus InstituteDONATION | Sacramento, CA | $5K | 2022 |
| Vendanta Society Of North TexasDONATION | Irving, TX | $1K | 2022 |
| Mass Institiute Of TechnologyDONATION | Cambridge, MA | $200K | 2020 |
| Stanford UniversityDONATION | Stanford, CA | $70K | 2020 |
| University California SfDONATION | San Francisco, CA | $50K | 2020 |
| Tipping Point CommunityDONATION | San Francisco, CA | $250K | 2019 |
| Institute For Advanced StudyDONATION | Princeton, NJ | $100K | 2019 |
| University Of ColoradoDONATION | Boulder, CO | $10K | 2019 |
| MsriDONATION | Berkely, CA | $5K | 2019 |
| Kukio Community Fund Of HcfDONATION | Kamuela, HI | $5K | 2019 |
| Lucy Packard Children'S HospitalDONATION | Palo Alto, CA | $2K | 2019 |