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.

Ready to take the next step with MAG Mutual Foundation Inc?

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

No grants recorded for .

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

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

What could you do with MAG Mutual Foundation Inc on Grantable?

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