//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Magdovitz Family Foundation is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 1975. It holds total assets of $1M. Annual income is reported at $19K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Tennessee and Florida. According to available records, Magdovitz Family Foundation has made 54 grants totaling $555K, with a median grant of $500. Annual giving has grown from $118K in 2021 to $144K in 2024. Grantmaking activity was highest in 2023 with $243K distributed across 22 grants. Individual grants have ranged from N/A to $125K, with an average award of $10K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Tennessee, Florida, New York, which account for 85% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$600
Average Grant
$10K
Largest Grant
$58K
Based on 12 grants from the most recent 990-PF filing.
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.
Magdovitz Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in TN, FL, NY.
Magdovitz Family Foundation has distributed a total of $555K across 54 grants. The median grant size is $500, with an average of $10K. Individual grants have ranged from N/A to $125K.
Magdovitz Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magdovitz Family Foundation is headquartered in MEMPHIS, TN. While based in TN, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Magdovitz | V/P-Secty | $0 | $0 | N/A |
| Earl J Magdovitz | Pres-Treas | $0 | $0 | N/A |
Total Giving
$171K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$144K
Contributions
N/A
Net Investment Income
$97K
Distribution Amount
N/A
Total: $702K
Total Grants
54
Total Giving
$555K
Average Grant
$10K
Median Grant
$500
Unique Recipients
29
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| B'Nai BrithGeneral Fund | Washington, DC | $138 | 2024 |
| Jewish Foundation MemphisGeneral Fund | Germantown, TN | $125K | 2024 |
| Chabad Of TnGeneral Fund | Memphis, TN | $15K | 2024 |
| Jewish Federation Of Lee CountyGeneral Fund | Fort Myers, FL | $2K | 2024 |
| Protect Our AquiferGeneral Fund | Memphis, TN | $500 | 2024 |
| Chabad Of South FloridaGeneral Fund | Fort Myers, FL | $500 | 2024 |
| Washington & Lee UnviersityGeneral Fund | Lexington, VA | $100 | 2024 |
| Committee For Accurate ReportingGeneral Fund | Boston, MA | $100 | 2024 |
| Last House On The BlockGeneral Fund | Memphis, TN | $100 | 2024 |
| Memphis Jewish FederationGeneral Fund | Germantown, TN | $7K | 2023 |
| Daylight Community Arts FoundationGeneral Fund | Bronx, NY | $5K | 2023 |
| Memphis ZooGeneral Fund | Memphis, TN | $400 | 2023 |
| Play For PinkGeneral Fund | New York, NY | $100 | 2023 |
| Saint Peter Catholic ChurchGeneral Fund | Memphis, TN | $100 | 2023 |
| Last HomeGeneral Fund | Memphis, TN | $100 | 2023 |
| Chabad Sw FloridaGeneral Fund | Fort Myers, FL | $6K | 2022 |
| Wood River Jewish Community IncGeneral Fund | Ketchum, ID | $5K | 2022 |
| Jewish Children'S Adoption NetworkGeneral Fund | Brooklandville, MD | $1K | 2022 |
| Heifer IntlGeneral Fund | Little Rock, AR | $500 | 2022 |
| Special OlympicsGeneral Fund | Memphis, TN | $100 | 2022 |
| Hillel Of MemphisGeneral Fund | Memphis, TN | $100 | 2022 |
| Sam Schloss LodgeGeneral Fund | Cordova, TN | N/A | 2022 |
| Memphis Public Interest Law CenterGeneral Fund | Germantown, TN | $4K | 2021 |
| Jewish Federation Of Lee & Charlotte CountyGeneral Fund | Fort Myers, FL | $1K | 2021 |
| Memphis Hebrew AcademyGeneral Fund | Memphis, TN | $700 | 2021 |