BEVERLY HILLS, CA
Magic Johnson Foundation
Quick Facts
- EIN
- 88-3208058
- Location
- BEVERLY HILLS, CA
- Category
- Community Development
- NTEE Code
- S20
- Total Assets
- $704K
- Annual Income
- $257K
- Annual Revenue
- $257K
- IRS Ruling Year
- 2022
- Tax Subsection
- 501(c)(03)
About This Organization
Magic Johnson Foundation is a nonprofit organization based in BEVERLY HILLS, CA. It received its IRS tax-exempt ruling in 2022. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $704K. Annual income is $257K. The organization has received $70K in foundation grants from 3 funders.
Grants Received from Foundations
Foundation grants awarded to Magic Johnson Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Samuel & Latanya R Jackson Foundation | $50K | 2023 | FOR THE EARVIN JOHNSON SR SCHOLARSHIP FUND. |
| Pat Riley Family Foundation | $10K | 2023 | GENERAL CHARITABLE |
| Cleveland Avenue Foundation For Education | $10K | 2023 | GENERAL CHARITABLE PURPOSES |
Funding history
Magic Johnson Foundation appears in 3 foundation grant records totaling $70,000 in 2023, with a median grant of $10,000. The single largest grant on record is $50,000.
The grants come from 3 distinct funders; Samuel & Latanya R Jackson Foundation is the largest at $50,000 across 1 grant, which is 71 percent of the recorded total. Other significant funders include Cleveland Avenue Foundation For Education ($10,000) and Pat Riley Family Foundation ($10,000).
Largest funders: Samuel & Latanya R Jackson Foundation, Cleveland Avenue Foundation For Education, Pat Riley Family Foundation.
Grant records from funders’ IRS Form 990-PF Part XV filings. Last verified September 2026.
Frequently Asked Questions
What does Magic Johnson Foundation do?
Magic Johnson Foundation is a nonprofit organization focused on community development, based in BEVERLY HILLS, CA. It is classified under IRC Section 501(c)(03).
Who funds Magic Johnson Foundation?
Magic Johnson Foundation has received foundation grants from Samuel & Latanya R Jackson Foundation, Pat Riley Family Foundation, Cleveland Avenue Foundation For Education.
What is Magic Johnson Foundation's annual revenue?
Magic Johnson Foundation reports total assets of $704K. Annual income is $257K.
Where is Magic Johnson Foundation located?
Magic Johnson Foundation is located in BEVERLY HILLS, CA.
Is Magic Johnson Foundation a 501(c)(3)?
Yes, Magic Johnson Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 88-3208058. Donations to this organization may be tax-deductible.
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