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The Magnolia Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $3.4M. Annual income is reported at $1.1M. 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. The foundation primarily funds organizations in Oklahoma and Colorado. According to available records, The Magnolia Charitable Foundation has made 176 grants totaling $480K, with a median grant of $2K. Annual giving has grown from $145K in 2020 to $335K in 2022. Individual grants have ranged from $500 to $30K, with an average award of $3K. The foundation has supported 84 unique organizations. The foundation primarily supports organizations in Oklahoma, Colorado, Virginia, which account for 90% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$3K
Largest Grant
$10K
Based on 56 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.
The Magnolia Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 176 grants. Its grantmaking reaches organizations primarily in OK, CO, VA.
The Magnolia Charitable Foundation has distributed a total of $480K across 176 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $30K.
The Magnolia Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Magnolia Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allison Barnes | Associate Dir | $0 | $0 | N/A |
| Cara Barnes | Dir, VP | $0 | $0 | N/A |
| Megan Barnes | Associate Dir | $0 | $0 | N/A |
| Robert N Barnes | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$195K
Total Assets
$3.3M
Fair Market Value
$3.4M
Net Worth
$3.3M
Grants Paid
$157K
Contributions
N/A
Net Investment Income
$151K
Distribution Amount
$160K
Total Grants
176
Total Giving
$480K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
84
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Urban Innovative Development CorporationRenovations for trade school building | Tulsa, OK | $30K | 2022 |
| Homeless AllianceGeneral & Unrestricted | Oklahoma City, OK | $10K | 2022 |
| Oklahoma City Public Schools Foundation IncPutnam Heights Academy | Oklahoma City, OK | $6K | 2022 |
| Infant Crisis ServicesGeneral & Unrestricted | Oklahoma City, OK | $5K | 2022 |
| Young Womens Christian Association Of Oklahoma CitGeneral & Unrestricted | Oklahoma City, OK | $5K | 2022 |
| Positive Tomorrows IncGeneral & Unrestricted | Oklahoma City, OK | $5K | 2022 |
| Skraban-Deardorff Syndrome FoundationGeneral & Unrestricted | Indian Trail, NC | $5K | 2022 |
| Free To Live IncorporatedGeneral & Unrestricted | Edmond, OK | $5K | 2022 |
| Randolph CollegeGeneral & Unrestricted | Lynchburg, VA | $5K | 2022 |
| Southern Hills Baptist ChurchCelebrate Recovery Program | Tulsa, OK | $5K | 2022 |
| International Rescue Committee IncGeneral & Unrestricted | Albert Lea, MN | $5K | 2022 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $5K | 2022 |
| Halo Project International FoundationGeneral & Unrestricted | Oklahoma City, OK | $4K | 2022 |
| Oklahoma Humane SocietyGeneral & Unrestricted | Oklahoma City, OK | $4K | 2022 |
| Second Chance Animal Sanctuary IncGeneral & Unrestricted | Norman, OK | $4K | 2022 |
| Planned Parenthood Federation Of America IncPlanned Parenthood, Central Oklahoma City clinic | New York, NY | $3K | 2022 |
| Deer Creek MsGeneral & Unrestricted | Edmond, OK | $3K | 2022 |
| Deer Creek HsGeneral & Unrestricted | Edmond, OK | $3K | 2022 |
| The Aspen Institute IncAspen Words | Aspen, CO | $3K | 2022 |
| Roaring Fork High SchoolRoaring Fork PreCollegiate | Carbondale, CO | $3K | 2022 |
| Roaring Fork Public Radio IncGeneral & Unrestricted | Aspen, CO | $3K | 2022 |
| Aspen Center For Environmental StudiesGeneral & Unrestricted | Aspen, CO | $3K | 2022 |
| Healthy All TogetherGeneral & Unrestricted | Basalt, CO | $3K | 2022 |
| Rocky Mountain Public Media IncGeneral & Unrestricted | Denver, CO | $3K | 2022 |
| Oklahoma State University Foundationfor the support of KOSU public radio | Stillwater, OK | $2K | 2022 |