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Magiesu Foundation is a private corporation based in HINSDALE, IL. The foundation received its IRS ruling in 2009. It holds total assets of $209K. Annual income is reported at N/A. Total assets have grown from $32K in 2011 to $264K in 2023. The foundation is governed by 3 officers and trustees. The foundation does not conduct any direct charitableactivities. Accordingly, there is no relevant statisticalinformation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and New York. According to available records, Magiesu Foundation has made 18 grants totaling $88K, with a median grant of $5K. The foundation has distributed between $14K and $41K annually from 2020 to 2022. Individual grants have ranged from $200 to $30K, with an average award of $5K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Illinois and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$3K
Average Grant
$7K
Largest Grant
$30K
Based on 6 grants from the most recent 990-PF filing.
The foundation does not conduct any direct charitableactivities. Accordingly, there is no relevant statisticalinformation.
The foundation does not conduct any direct charitableactivities. Accordingly, there is no relevant statisticalinformation. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, NY.
Magiesu Foundation has distributed a total of $88K across 18 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $200 to $30K.
Magiesu Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magiesu Foundation is headquartered in HINSDALE, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carolyn Hakes | DIRECTOR AS REQUIRED | $0 | $0 | N/A |
| Bradley Bloom | VP, DIRECTOR AS REQUIRED | $0 | $0 | N/A |
| Thomas S Bloom | PRES, DIRECTOR AS REQUIRED | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$264K
Fair Market Value
$264K
Net Worth
$264K
Grants Paid
$37K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$14K
Total Grants
18
Total Giving
$88K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Enchanted BackpackEDUCATIONAL SUPPORT | Bensenville, IL | $5K | 2022 |
| Illinois Policy InstitutePUBLIC POLICY RESEARCH | Chicago, IL | $5K | 2022 |
| National Hemophilia FoundationBLEEDING DISORDERS RESEARCH | New York, NY | $5K | 2022 |
| Sos Childrens VillagePUBLIC SERVICE - GENERAL OPERATING SUPPORT | Chicago, IL | $5K | 2022 |
| St Isaac Jogues Catholic ParishRELIGIOUS ORGANIZATION- GENERAL SUPPORT | Hinsdale, IL | $5K | 2022 |
| Goodman Theatre Group IncPERFORMING ARTS - GENERAL OPERATING SUPPORT | Chicago, IL | $4K | 2022 |
| Community House HinsdaleGENERAL SUPPORT - COMMUNITY SERVICE | Hinsdale, IL | $3K | 2022 |
| Welness House Of HinsdaleCANCER WELLNESS SUPPORT | Hinsdale, IL | $2K | 2022 |
| Lake Forest Open LandsSUPPORT PRESERVATION AND MAINTENANCE OF OPEN LANDS | Lake Forest, IL | $1K | 2021 |
| St Isaac Jogues ChurchRELIGIOUS EDUCATION | Hinsdale, IL | $30K | 2020 |
| Fractured AtlasPERFORMING ARTS - GENERAL OPERATING SUPPORT | New York, NY | $1K | 2020 |
| American Heart AssociationSUPPORT CARDIOVASCULAR MEDICAL RESEARCH | Chicago, IL | $200 | 2020 |