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Magnetar Capital Foundation is a private corporation based in EVANSTON, IL. The foundation received its IRS ruling in 2012. The principal officer is % Allison Cochran Sr Acct. It holds total assets of $22K. Annual income is reported at $30K. OPERATION OF AN EDUCATIONAL PROGRAM CALLED FINEDGE, FORMERLY KNOWN AS MAGNETAR YOUTH ACADEMY. FINEDGE EDUCATES YOUTH ABOUT THE BASICS OF PERSONAL FINANCE AND INVESTING. According to available records, Magnetar Capital Foundation has made 104 grants totaling $2.8M, with a median grant of $500. Individual grants have ranged from $25 to $1M, with an average award of $27K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Illinois, New York, District of Columbia, which account for 67% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
OPERATION OF AN EDUCATIONAL PROGRAM CALLED FINEDGE, FORMERLY KNOWN AS MAGNETAR YOUTH ACADEMY. FINEDGE EDUCATES YOUTH ABOUT THE BASICS OF PERSONAL FINANCE AND INVESTING.
Expenses: $78K
OPERATION OF AN EDUCATIONAL PROGRAM CALLED FINEDGE, FORMERLY KNOWN AS MAGNETAR YOUTH ACADEMY. FINEDGE EDUCATES YOUTH ABOUT THE BASICS OF PERSONAL FINANCE AND INVESTING. Based on available records, the foundation has funded 104 grants. Its grantmaking reaches organizations primarily in IL, NY, DC.
Magnetar Capital Foundation has distributed a total of $2.8M across 104 grants. The median grant size is $500, with an average of $27K. Individual grants have ranged from $25 to $1M.
Magnetar Capital Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magnetar Capital Foundation is headquartered in EVANSTON, IL. While based in IL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alec N Litowitz | PRESIDENT, DIRECTOR | $0 | $0 | $0 |
| Barbara Bernstein | SECRETARY | $0 | $0 | $0 |
| Ross Laser | DIRECTOR | $0 | $0 | $0 |
| David Snyderman | DIRECTOR | $0 | $0 | $0 |
| Ernest Rogers | TREASURER THROUGH 7/1/2020 | $0 | $0 | $0 |
Total Giving
$30K
Total Assets
$27K
Fair Market Value
$27K
Net Worth
$-4,616
Grants Paid
$3K
Contributions
$1K
Net Investment Income
$57
Distribution Amount
$2K
Total Grants
104
Total Giving
$2.8M
Average Grant
$27K
Median Grant
$500
Unique Recipients
51
Most Common Grant
$1K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global GivingMatching Gifts - General Support | Washington, DC | $530 | 2022 |
| A Safe PlaceMatching Gifts - General Support | Zion, IL | $88 | 2022 |
| University Of ChicagoCOLLABORATION GRANTS - UNIVERSITY OF CHICAGO | Chicago, IL | $1M | 2022 |
| Financial Literacy And Education Foundation IncGeneral Support | Winnetka, IL | $331K | 2022 |
| Chicago Sky CaresCharity Donation - General Support |
| Naomi Gunasekaran |
| TREASURER AS OF 7/1/2020 |
| $0 |
| $0 |
| $0 |
| Chicago, IL |
| $20K |
| 2022 |
| Project Sunshine IncCharity Donation - General Support | New York, NY | $15K | 2022 |
| Brady Center To Prevent Gun ViolenceDonations - General Support | Washington, DC | $5K | 2022 |
| Youth & Opportunity United IncCharity Donation - General Support | Evanston, IL | $5K | 2022 |
| Evanston Chamber Of CommerceCharity Donation - General Support | Evanston, IL | $3K | 2022 |
| Evanston ScholarsCharity Donation - General Support | Evanston, IL | $3K | 2022 |
| The Association Frontotemporal DegenerationCharity Donation - General Support | King Of Prussia, PA | $2K | 2022 |
| World Central KitchenMatching Gifts - General Support | Washington, DC | $1K | 2022 |
| St Jude Children'S HospitalCharity Donation - General Support | New York, NY | $1K | 2022 |
| Greater Chicago Food DepositoryMatching Gifts - General Support | Chicago, IL | $1K | 2022 |
| Paws - ChicagoCharity Donation - General Support | Chicago, IL | $1K | 2022 |
| Save The ChildrenMatching Gifts - General Support | Fairfield, CT | $1K | 2022 |
| Northwestern UniversityMatching Gifts - General Support | Evanston, IL | $1K | 2022 |
| Success Academy - Launch FundDonations - General Support | New York, NY | $1K | 2022 |
| Urban Initiatives IncDonations - General Support | Chicago, IL | $1K | 2022 |
| United States Fund For UnicefMatching Gifts - General Support | New York, NY | $758 | 2022 |
| The Trevor ProjectMatching Gifts - General Support | Beverly Hills, CA | $500 | 2022 |
| Parents Club Of Boy Scout Troup 497 IncMatching Gifts - General Support | Timonium, MD | $500 | 2022 |
| Parents Of Ps334Matching Gifts - General Support | New York, NY | $500 | 2022 |
| The National Federation Of The BlindCharity Donation - General Support | Baltimore, MD | $500 | 2022 |
| International Rescue CommitteeMatching Gifts - General Support | New York, NY | $500 | 2022 |
| Humane Society Of Westchester At New RochelleMatching Gifts - General Support | New Rochelle, NY | $500 | 2022 |
| Harding AcademyMatching Gifts - General Support | Nashville, TN | $500 | 2022 |
| Freedom Service DogsMatching Gifts - General Support | Englewood, CO | $500 | 2022 |
| American Heart AssociationCharity Donation - General Support | Dallas, TX | $500 | 2022 |
| International Rhino FoundationMatching Gifts - General Support | Fort Worth, TX | $500 | 2022 |
| Connections For The HomelessMatching Gifts - General Support | Evanston, IL | $500 | 2022 |
| Colorado Search And Rescue Association IncMatching Gifts - General Support | Denver, CO | $500 | 2022 |
| International Committee Of The Red CrossMatching Gifts - General Support | Geneva | $500 | 2022 |
| Kids Above AllMatching Gifts - General Support | Chicago, IL | $500 | 2022 |
| Hudson County Court Appointed Special AdvocatesMatching Gifts - General Support | Jersey City, NJ | $300 | 2022 |
| British Red CrossMatching Gifts - General Support | London | $300 | 2022 |
| Marine Toys For Tots FoundationMatching Gifts - General Support | Triangle, VA | $250 | 2022 |
| Catholic Charities Of Broome CountyMatching Gifts - General Support | Binghamton, NY | $250 | 2022 |
| Lambda LegalMatching Gifts - General Support | New York, NY | $250 | 2022 |
| AspcaMatching Gifts - General Support | New York, NY | $200 | 2022 |
| Nova UkraineMatching Gifts - General Support | Stanford, CA | $150 | 2022 |
| United States Association For UnhcrMatching Gifts - General Support | Washington, DC | $150 | 2022 |
| Anti-Cruelty SocietyMatching Gifts - General Support | Chicago, IL | $100 | 2022 |
| K9 For WarriorsMatching Gifts - General Support | Ponte Vedra, FL | $100 | 2022 |
| Keen ChicagoMatching Gifts - General Support | Chicago, IL | $100 | 2022 |
| Chicago Symphony OrchestraMatching Gifts - General Support | Chicago, IL | $100 | 2022 |
| Coalition For The Homeless IncMatching Gifts - General Support | New York, NY | $100 | 2022 |
| Lucky Farm Animal RescueMatching Gifts - General Support | Bethpage, TN | $50 | 2022 |
| The Michael J Fox Foundation For Parkinsons ResearchMatching Gifts - General Support | New York, NY | $37 | 2022 |
| Jewuni Jewish United FundMatching Gifts - General Support | Chicago, IL | $36 | 2022 |
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