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Majic Vermont Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2012. The principal officer is Foundation Source. It holds total assets of $15.8M. Annual income is reported at $8.4M. Total assets have grown from $2.1M in 2011 to $11M in 2023. The foundation is governed by 4 officers and trustees. 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 2016 to 2023. Funding is distributed across 4 states, including Maryland, Vermont, District of Columbia. According to available records, Majic Vermont Foundation has made 22 grants totaling $885K, with a median grant of $40K. Annual giving has grown from $300K in 2020 to $585K in 2022. Individual grants have ranged from $5K to $100K, with an average award of $40K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Vermont, District of Columbia, Maryland, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$50K
Average Grant
$43K
Largest Grant
$100K
Based on 7 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.
Majic Vermont Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in VT, DC, MD.
Majic Vermont Foundation has distributed a total of $885K across 22 grants. The median grant size is $40K, with an average of $40K. Individual grants have ranged from $5K to $100K.
Majic Vermont Foundation typically selects its grantees rather than accepting unsolicited proposals.
Majic Vermont Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Ignat | Dir, VP | $0 | $0 | N/A |
| Elizabeth Bausch | Dir, VP, Sec | $0 | $0 | N/A |
| Eleanor J Ignat | Dir, VP | $0 | $0 | N/A |
| Emily Porter | Dir, Pres | $0 | $0 | N/A |
Total Giving
$770K
Total Assets
$11M
Fair Market Value
$15.4M
Net Worth
$11M
Grants Paid
$655K
Contributions
N/A
Net Investment Income
$259K
Distribution Amount
$692K
Total: $10.8M
Total Grants
22
Total Giving
$885K
Average Grant
$40K
Median Grant
$40K
Unique Recipients
19
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vermont Public RadioGeneral & Unrestricted | Colchester, VT | $100K | 2022 |
| Childrens Law Center IncorporatedGeneral & Unrestricted | Washington, DC | $65K | 2022 |
| International Rescue Committee IncGeneral & Unrestricted | Albert Lea, MN | $60K | 2022 |
| Chesapeake Bay Foundation IncGeneral & Unrestricted | Annapolis, MD | $50K | 2022 |
| Wikimedia Foundation IncGeneral & Unrestricted | Washington, DC | $50K | 2022 |
| United Way Of Addison County IncGeneral & Unrestricted | Middlebury, VT | $50K | 2022 |
| Vermont FoodbankGeneral & Unrestricted | Barre, VT | $50K | 2022 |
| Greater Dc Diaper BankGeneral & Unrestricted | Washington, DC | $30K | 2022 |
| Addison County Community Action Group IncGeneral & Unrestricted | Middlebury, VT | $25K | 2022 |
| National Abortion FederationNational Abortion Hotline | Washington, DC | $25K | 2022 |
| National Partnership For Women And Families IncHealth Care program | Washington, DC | $25K | 2022 |
| Abortion Care NetworkKeep Our Clinics Effort and Technical Assistance Effort | Washington, DC | $25K | 2022 |
| Femhealth Usa IncGeneral & Unrestricted | Washington, DC | $15K | 2022 |
| Food & Friends IncGeneral & Unrestricted | Washington, DC | $10K | 2022 |
| Middlebury Area Land TrustGeneral & Unrestricted | Middlebury, VT | $5K | 2022 |
| Many Hands IncGeneral & Unrestricted | Chevy Chase, MD | $50K | 2020 |
| Manna Food Center IncGeneral & Unrestricted | Gaithersburg, MD | $25K | 2020 |
| Keewaydin FoundationGeneral & Unrestricted | Salisbury, VT | $10K | 2020 |
| Gar Post 25 IncSocial Action Committee for Racial Justice (SACRJ), Feed the Children and Feed the Elderly Programs | Chestertown, MD | $10K | 2020 |