NON-PROFIT FUNDRAISING
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$845K
+6.6% YoY
Annual Giving
$89K
-1.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$30K
-1.9% YoY
About Magi Fund Inc
Based on IRS filings
Magi Fund Inc is a nonprofit organization focused on Human Services, based in SALISBURY, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $845K in total assets. In 2024, it awarded 3 grants totaling $89K. Net investment income was $20.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $844,789 | $792,208 | $710,340 |
| Revenue | $103,311 | $104,102 | $106,744 |
| Expenses | $102,810 | $107,067 | $114,491 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $20 | $33 | $24 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHY ALESSI | TRUSTEE | — | — |
| BRENDA ALLEN | TRUSTEE | — | — |
| JACKIE CASSIDY | TRUSTEE | — | — |
| PEGGY PALMER | TRUSTEE | — | — |
| CYNTHIA WILLIAMS | TRUSTEE | — | — |
| ROBIN COCKEY | SECRETARY | — | — |
| BONNIE NELSON LUNA | CHAIRWOMAN | — | — |
| MARTY NEAT | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Total Given
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Assets
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Total Given
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Government Employees' Benefit
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Assets
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Grants
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Total Given
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Charles F and Margaret Mh Obrecht
BALTIMORE, MD
Assets
$1.2M
Grants
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Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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