MAG Mutual Foundation Inc

WILMINGTON, DE EIN: 46-2947580

MAG Mutual Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 29 grants totaling $321K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$321K

+127.6% YoY

Grant Count

29

+31.8% YoY

Avg Grant Size

$11K

+72.6% YoY

About MAG Mutual Foundation Inc

Based on IRS filings

MAG Mutual Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. In 2024, it awarded 29 grants totaling $321K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

21states
+13 more states

Cities

ATLANTAAUGUSTAAcworthAtlantaBROOKHAVENCHARLESTONCHARLOTTECLARKSBURGCLARKSTONCOLUMBUSChapel HillCharlestonCollege StationDALTONDECATURDURHAMDavidsonDecaturFLAGSTAFFFLORENCE

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$80K$161K$241K$321K54 grants202022 grants202121 grants202222 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MOREHOUSE SCHOOL OF MEDI…$45KACADEMY OF MEDICINE JACK…$15KADVENTIST HEALTH SYSTEM-…$15KBERGEN VOLUNTEER MEDICAL…$15KCAPITAL MEDICAL SOCIETY …$15KESCAMBIA COUNTY MEDICAL …$15KGEORGIA PROFESSIONAL HEA…$15KMACON VOLUNTEER CLINIC INC$15KMEDICAL SOCIETY OF VIRGI…$15KMUSLIM AMERICAN SOCIAL S…$15K

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from MAG Mutual Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Morehouse School of Medicine Inc ($45,000), Academy of Medicine Jacksonville Florida Inc ($15,000), Adventist Health System-sunbelt Inc ($15,000).

RecipientPurposeAmount
ACADEMY OF MEDICINE JACKSONVILLE FLORIDA INC JACKSONVILLE, FLDuval County Medical Society (DCMS) LifeBridge Physician Wellness Program$15,000
ADVENTIST HEALTH SYSTEM-SUNBELT INC ORLANDO, FLThe Center for Physician Wellbeing$15,000
BERGEN VOLUNTEER MEDICAL INITIATIVE INC HACKENSACK, NJSupporting the Launch of a Second Free Healthcare Clinic for Working, Low-income, uninsured residents of Northern NJ$15,000
BOYS AND GIRLS CLUBS OF THE CHATTAHOOCHEE VALLEY I COLUMBUS, GAGeneral Program Support$1,000
CAPITAL MEDICAL SOCIETY FOUNDATION INC TALLAHASSEE, FLGeneral & Unrestricted$1,000
CAPITAL MEDICAL SOCIETY FOUNDATION INC TALLAHASSEE, FLPhysician Wellness Program$15,000
CHASTAIN HORSE PARK LTD ATLANTA, GAGeneral & Unrestricted$3,000
DISCOVERING MERCY LEHIGHTON, PAGeneral & Unrestricted$1,000
EASTER SEALS NORTH GEORGIA INC CLARKSTON, GAGeneral & Unrestricted$1,000
EMERALD SCHOOL OF EXCELLENCE INC CHARLOTTE, NCGeneral & Unrestricted$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Marisa AndersonBoard Member1
Donna AndrewsBoard Member1
John S AntalisBoard Member, Chairman, Pres1
Alison Bartfield MDBoard Member1
Michael J BonoBoard Member1
Kara ClearySec1
Michael GrantBoard Member1
Tamara HuffmanBoard Member1
William S KanichBoard Member, Chairman, Pres1
Nicholas J MartowskiChief Investmt Officer, Treas1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is MAG Mutual Foundation Inc?

MAG Mutual Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds — in total assets as of 2024.

Where does MAG Mutual Foundation Inc operate?

MAG Mutual Foundation Inc has awarded grants in Alabama, Arkansas, Arizona, District of Columbia, Florida, Georgia, Hawaii, Illinois, Kentucky, Maryland, Michigan, North Carolina, New Jersey, Nevada, Oregon, Pennsylvania, South Carolina, South Dakota, Texas, Virginia, West Virginia.

What size grants does MAG Mutual Foundation Inc award?

In 2024, MAG Mutual Foundation Inc awarded 29 grants totaling $321K — an average of about $11K per grant, based on its IRS Form 990 filings.

What is MAG Mutual Foundation Inc's EIN?

MAG Mutual Foundation Inc's EIN (Employer Identification Number) is 46-2947580. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in MAG Mutual Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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