Magi Fund Inc Bonnie Luna

Public charity · Grantmaker Salisbury, MD EIN: 52-1903823

Non-profit fundraising

Key facts about Magi Fund Inc Bonnie Luna

In short: Magi Fund Inc Bonnie Luna gave $128K across 3 grants in 2025 (avg $43K), mostly in Maryland. Source: 2025 IRS Form 990.

EIN
52-1903823
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$127,766
Grants made (2025)
3
Average grant
$42,589
Median grant
$60,883
Total assets
$973,534
Primary geography
Maryland (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$974K

+15.2% YoY

Annual Giving

$128K

+44.4% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$43K

+44.4% YoY

How Magi Fund Inc Bonnie Luna gives

  • Giving grew 33% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Magi Fund Inc Bonnie Luna

Based on IRS filings

Magi Fund Inc Bonnie Luna is a public charity focused on Human Services, based in Salisbury, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $974K in total assets. In 2025, it awarded 3 grants totaling $128K. Net investment income was $35.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Salisbury

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $69K (2020) to $128K (2025). In 2025 it made 3 grants totaling $128K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Joseph House Center: $61KJoseph House Center$61KChristian Shelter: $61KChristian Shelter$61KCommunity Foundatio of the Eastern: $6KCommunity Foundatio of theEastern$6K

The largest 2025 recipient was Joseph House Center ($61K). Together the top 3 received $128K.

Grant Size Distribution

15 grants across all recorded years

11<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 15 (73%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Joseph House Center Salisbury, MDTo Fund Nonprofit$60,883
Christian Shelter Salisbury, MDTo Fund Nonprofit$60,883
Community Foundatio of the Eastern Salisbury, MDTo Fund Nonprofit$6,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$973,534$844,789$792,208
Revenue$160,409$103,311$104,102
Expenses$147,723$102,810$107,067
Net Investment Income$35$20$33

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS July 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Magi Fund Inc Bonnie Luna is led by Bonnie Nelson Luna, Chairwoman on every filing since 2020; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bonnie Nelson Luna

    Chairwoman

    On filings since 2020

    No compensation reported

  • Brenda Allen

    Trustee

    On filings since 2020

    No compensation reported

  • Kathy Alessi

    Trustee

    On filings since 2020

    No compensation reported

  • Bob Anderson

    Trustee

    New on the 2025 filing

    No compensation reported

  • Tina Bradford

    Trustee

    New on the 2025 filing

    No compensation reported

  • Marty Neat

    Treasurer

    On filings since 2020

    No compensation reported

  • Robin Cockey

    Secretary

    On filings since 2020

    No compensation reported

Former officers (3)
  • Former: Cynthia Williams (2020–2024) — Trustee
  • Former: Jackie Cassidy (2020–2024) — Trustee
  • Former: Peggy Palmer (2020–2024) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Magi Fund Inc Bonnie Luna

How much does Magi Fund Inc Bonnie Luna give each year?

Magi Fund Inc Bonnie Luna gave $128K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $89K across 3 grants.

What is Magi Fund Inc Bonnie Luna's typical grant size?

Magi Fund Inc Bonnie Luna's median grant in 2025 was $60,883, and its average grant was $42,589, across 3 grants on its 2025 IRS Form 990.

Where does Magi Fund Inc Bonnie Luna give grants?

Magi Fund Inc Bonnie Luna gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Salisbury, MD (3 grants).

Does Magi Fund Inc Bonnie Luna give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Magi Fund Inc Bonnie Luna's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "To Fund Nonprofit" (3 grants).

How large is Magi Fund Inc Bonnie Luna?

Magi Fund Inc Bonnie Luna reported $974K in total assets on its 2025 IRS Form 990. Its revenue that year was $160K.

What is Magi Fund Inc Bonnie Luna?

Magi Fund Inc Bonnie Luna is a public charity focused on Human Services, based in Salisbury, MD. It holds $974K in total assets as of 2025.

What is Magi Fund Inc Bonnie Luna's EIN?

Magi Fund Inc Bonnie Luna's EIN (Employer Identification Number) is 52-1903823. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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