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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. Total assets have decreased from $300K in 2012 to $22K in 2024. The foundation is governed by 5 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Illinois and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$300
Average Grant
$24K
Largest Grant
$1.1M
Based on 49 grants from the most recent 990-PF filing.
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 49 grants from the most recent 990-PF filing, Magnetar Capital Foundation gives a median grant of $300. Grants have ranged from N/A to $1.1M, with an average of $24K.
Magnetar Capital Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magnetar Capital Foundation is headquartered in EVANSTON, IL. The foundation primarily funds organizations in Illinois, New York.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alec N Litowitz | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Barbara Bernstein | SECRETARY | $0 | $0 | N/A |
| Ross Laser | DIRECTOR | $0 | $0 | N/A |
| David Snyderman | DIRECTOR | $0 | $0 | N/A |
| Naomi Gunasekaran | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$22K
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.