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Magnolia Foundation is a private trust based in RIO GRANDE, PR. The foundation received its IRS ruling in 2020. The principal officer is Tom R S Millon. It holds total assets of $375K. Annual income is reported at $41K. Total assets have decreased from $475K in 2019 to $375K in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. Funding is distributed across 6 states, including Florida, New York, Missouri. According to available records, Magnolia Foundation has made 44 grants totaling $242K, with a median grant of $1K. Annual giving has decreased from $53K in 2021 to $41K in 2023. Grantmaking activity was highest in 2022 with $149K distributed across 24 grants. Individual grants have ranged from $100 to $30K, with an average award of $6K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Pennsylvania, Missouri, Florida, which account for 52% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$6K
Largest Grant
$25K
Based on 9 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.
Magnolia Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in PA, MO, FL.
Magnolia Foundation has distributed a total of $242K across 44 grants. The median grant size is $1K, with an average of $6K. Individual grants have ranged from $100 to $30K.
Magnolia Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magnolia Foundation is headquartered in RIO GRANDE, PR. While based in PR, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tom R S Millon | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$375K
Fair Market Value
N/A
Net Worth
$375K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
44
Total Giving
$242K
Average Grant
$6K
Median Grant
$1K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ ChurchGENERAL SUPPORT | Katy, TX | $4K | 2022 |
| Fellowship Of ChristianGENERAL SUPPORT | Kansas City, MO | $25K | 2021 |
| Sp PennsylvaniaGENERAL SUPPORT | Philadelphia, PA | $30K | 2023 |
| Hope And Deliverance MinistriesTHANKSGIVING FOOD BANK | Saint Augustine, FL | $3K | 2023 |
| Cool Effect IncGENERAL SUPPORT | Greenbrae, CA | $2K | 2023 |
| Escuela Carmen L Feliciano Elementary SchoolBACK TO SCHOOL SUPPLIES AND ESSENTIAL HYGIENE ITEMS FOR THE CHILDREN | Palmer | $1K | 2023 |
| Centro De Conservacion De Manaties Del CaribeGENERAL SUPPORT | — | $1K | 2023 |
| Friends Of Hawaii CharitiesHELPING THE COMMUNITY AFTER FIRES IN LAHAINA, HI | Honolulu, HI | $1K | 2023 |
| Nature ConservancyGENERAL SUPPORT | Arlington, VA | $927 | 2023 |
| Church Of The NazareneGENERAL SUPPORT | Orlando, FL | $500 | 2023 |
| Jdrf InternationalGENERAL SUPPORT | New York, NY | $500 | 2023 |
| Christ Episcopal ChurchGENERAL SUPPORT | Ponte Vedra Beach, FL | $500 | 2023 |
| United Nations World Food ProgramMEAL DONATION | Washington, DC | $111 | 2023 |
| University Of PennsylvaGENERAL SUPPORT | Philadelphia, PA | $30K | 2022 |
| Fellowship Of Christian AthletesGENERAL SUPPORT | Kansas City, MO | $25K | 2022 |
| Beaches Emergency Assistance Ministry IncGENERAL SUPPORT | Jacksonville Beach, FL | $3K | 2022 |
| Young LifeGENERAL SUPPORT | Colorado Springs, CO | $2K | 2022 |
| Donations To Families In NeedSUPPORT TO VARIOUS NEEDY FAMILIES | Ponte Vedra Beach, FL | $1K | 2022 |
| Twine Barn SanctuaryGENERAL SUPPORT | Parkland, FL | $500 | 2022 |
| Christ EpiscopalGENERAL SUPPORT | Ponte Vedra Beach, FL | $13K | 2021 |
| Pet PartnersGENERAL SUPPORT | Bellevue, WA | $500 | 2021 |
| Leuk &Lymphoma SocietyGENERAL SUPPORT | New York, NY | $100 | 2021 |