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Magnus Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 2023. The principal officer is % Vishal Arora. It holds total assets of $65K. Annual income is reported at $68K. THIS WAS THE FIRST YEAR MAGNUS FOUNDATION WAS OPEN. WE HELD A COMMUNITY EVENT. Contributions to this foundation are tax-deductible.
HELD A COMMUNITY EVENT TO PROMOTE CULTIVATING ART, CULTURE, AND COMMUNITY-BUILDING.
Expenses: $11K
THIS WAS THE FIRST YEAR MAGNUS FOUNDATION WAS OPEN. WE HELD A COMMUNITY EVENT.
Magnus Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magnus Foundation is headquartered in GRAND RAPIDS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arunima Rai | SECRETARY | $0 | $0 | $0 |
| Vishal Arora | PRESIDENT | $0 | $0 | $0 |
| Lori Pung | TREASURER | $0 | $0 | $0 |
Total Giving
$11K
Total Assets
$7K
Fair Market Value
$7K
Net Worth
$7K
Grants Paid
$0
Contributions
$15K
Net Investment Income
$0
Distribution Amount
$0
Other foundations that have funded Magnus Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Aureus Foundation | $10K | 2023 | GENERAL OPERATIONS |
| Arthur J Gallagher Foundation | $100 | 2023 | GENERAL EXEMPT PURPOSE |
| Fred Frederick Family Foundation Inc. | $5K | 2022 | UNRESTRICTED |
| Fred Frederick Family Foundation Inc. | $5K | 2022 | UNRESTRICTED |
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