Be the Magic Foundation Inc

FORT WALTON BEACH, FL EIN: 87-3645273

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$652

-126.6% YoY

Annual Giving

$32K

-73.4% YoY

Grant Count

7

-75.9% YoY

Avg Grant Size

$5K

+10.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$68K$103K$137K202220232024
Metric202420232022
Total Assets$652$-2,450$31,362
Revenue$43,198$87,500$103,120
Expenses$37,268$124,280$71,758
Qualifying Distributions$32,024$120,592$68,908
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$60K$90K$121K20 grants202229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

HSU EDUCATIONAL FOUNDATION$13KGULF COAST COUNCIL$10KPANHANDLE ANIMAL WELFARE$6KOTHER SUMMER CLASSES$1KNAVARRE HIGH SCHOOL$1KCHOCTAW HIGH SCHOOL BAND$750EMERALD COAST MUSIC ALLI…$500

Grant Size Distribution

56 grants across all recorded years

56<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Be the Magic Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VINCENT W MAYFIELDPRESIDENT1
LOUIS ERICKSONVICE PRES.1
TABITHA ERICKSONTREASURER1
CAROLINE MCCOYSECRETARY1
HEATHER RUIZDIRECTOR1
LXS FREGGERDIRECTOR1
JASON MONROEDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

CrestviewDefuniak SpringsDestinFort Walton BeachFreeportFt Walton BeachHuttoNavarreNicevillePensacolaPhenix CitySeattleShalimarToledoValpariso

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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