Magellanic Foundation

TARRYTOWN, NY EIN: 27-1026802

Magellanic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 13 grants totaling $88K. Net investment income was $32K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$88K

+107.2% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$7K

+123.1% YoY

Under IRS private-foundation payout rules, Magellanic Foundation reported a distributable amount of $41K for 2022 — the minimum it must pay out in qualifying distributions.

About Magellanic Foundation

Based on IRS filings

Magellanic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2022. In 2022, it awarded 13 grants totaling $88K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Blue LakeBronxBrooklynChicagoElmsfordGolden ValleyHarrisburgHarrisburghHastingsonhudsonIthacaKennesawMerrifieldMiamiMinnetonkaNew YorkOrlandoSarasotaSt PaulTampaTarrytown

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$57K$86K$114K202020212022
Metric202220212020
Total Assets$844,369$784,569
Revenue$33,119$103,656$33,624
Expenses$93,385$43,856$41,312
Qualifying Distributions$89,969$43,046
Net Investment Income$32,220$103,206$33,174
Distributable Amount$40,656$49,313$43,057

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K10 grants202014 grants202113 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

CLOWNS WITHOUT BORDERS$50KSCHWAB CHARITABLE$13KGALAPAGOS CONSERVANCY$5KTHE NEW YORK BOTANICAL G…$5KHOPE FOR DEPRESSION RESE…$5KKAMPONG TRALACH GREEN SC…$5KJFGH FILM FESTIVAL$2KADATH JESHURUN CONGREGAT…$1KJDC UKRAINE$1KKOLOT CHAYEINU - VOICES …$500

Grant Size Distribution

37 grants across all recorded years

36<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Clowns Without Borders ($50,000), Schwab Charitable ($12,597), Galapagos Conservancy ($5,000).

RecipientPurposeAmount
CLOWNS WITHOUT BORDERS BLUE LAKE, CAGENERAL UNRESTRICTED GRANT$50,000
GALAPAGOS CONSERVANCY MERRIFIELD, VAGENERAL UNRESTRICTED GRANT$5,000
JFGH FILM FESTIVAL HARRISBURG, PAGENERAL UNRESTRICTED GRANT$2,000
THE NEW YORK BOTANICAL GARDEN BRONX, NYGENERAL UNRESTRICTED GRANT$5,000
JEWISH FAMILIES & CHILDREN'S SERVICE OF MINNEAPOLIS GOLDEN VALLEY, MNGENERAL UNRESTRICTED GRANT$100
KOLOT CHAYEINU - VOICES OF OUR LIVES BROOKLYN, NYGENERAL UNRESTRICTED GRANT$500
JDC UKRAINE NEW YORK, NYGENERAL UNRESTRICTED GRANT$1,000
THE TIDWELL FOUNDATION SARASOTA, FLGENERAL UNRESTRICTED GRANT$500
HOPE FOR DEPRESSION RESEARCH FOUNDATION NEW YORK, NYGENERAL UNRESTRICTED GRANT$5,000
ADATH JESHURUN CONGREGATION MINNETONKA, MNGENERAL UNRESTRICTED GRANT$1,003

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
BETH ANN SEGALDIRECTOR/PRESIDENT/TREASUR1
JONATHAN JAVITCHDIRECTOR & VICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Magellanic Foundation?

Magellanic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. It holds — in total assets as of 2022.

Where does Magellanic Foundation operate?

Magellanic Foundation has awarded grants in California, District of Columbia, Florida, Georgia, Illinois, Minnesota, New York, Pennsylvania, Virginia.

What size grants does Magellanic Foundation award?

In 2022, Magellanic Foundation awarded 13 grants totaling $88K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Magellanic Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Magellanic Foundation reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Magellanic Foundation's EIN?

Magellanic Foundation's EIN (Employer Identification Number) is 27-1026802. IRS Form 990 filing data is available on this page for 2020–2022.

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Related Funders

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

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