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Magpie Foundation is a private trust based in NEWTOWN, PA. The foundation received its IRS ruling in 2021. The principal officer is % Alexander Cohen. It holds total assets of $328K. Annual income is reported at $22K. Contributions to Charitable Organizations selected by trustee. According to available records, Magpie Foundation has made 12 grants totaling $65K, with a median grant of $6K. Annual giving has decreased from $44K in 2022 to $21K in 2023. Individual grants have ranged from $5K to $6K, with an average award of $5K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Pennsylvania and New Jersey and New York. Contributions to this foundation are tax-deductible.
Contributions to Charitable Organizations selected by trustee
Contributions to Charitable Organizations selected by trustee. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in PA, NJ, NY.
Magpie Foundation has distributed a total of $65K across 12 grants. The median grant size is $6K, with an average of $5K. Individual grants have ranged from $5K to $6K.
Magpie Foundation typically selects its grantees rather than accepting unsolicited proposals.
Magpie Foundation is headquartered in NEWTOWN, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander Cohen | Trustee | $0 | $0 | $0 |
Total Giving
$23K
Total Assets
$395K
Fair Market Value
$399K
Net Worth
$395K
Grants Paid
$21K
Contributions
$0
Net Investment Income
$18K
Distribution Amount
$19K
Total: $371K
Total Grants
12
Total Giving
$65K
Average Grant
$5K
Median Grant
$6K
Unique Recipients
6
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Trenton Community A TeamCommunity Support | Trenton, NJ | $6K | 2023 |
| The Mount Gretna School Of ArtGENERAL PURPOSE | Mt Gretna, PA | $6K | 2023 |
| Center For Creative WorksCommunity Support | Wynnewood, PA | $6K | 2023 |
| Fractured Atlas IncCharitable Donation | New York, NY | $5K | 2023 |
| Trenton A TeamCommunity Support | Trenton, NJ | $6K | 2022 |
TACOMA, WA
LARCHMONT, NY
TORRANCE, CA
TULSA, OK
ESCONDIDO, CA
| Community Garden Bristol BoroughCommunity Support | Bristol, PA | $6K | 2022 |
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