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Magic Grants

Public charity · Grantmaker Denver, CO EIN: 82-5183590 Website

To promote educational materials and research for cryptocurrency and privacy, provide scholarships, and support payment infrastructure for the public good.

Key facts about Magic Grants

In short: Magic Grants gave $176K across 2 grants in 2025 (avg $88K), mostly in Texas. Source: 2025 IRS Form 990.

EIN
82-5183590
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$175,800
Grants made (2025)
2
Average grant
$87,900
Median grant
$87,900
Total assets
$773,639
Primary geography
Texas (54% 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

$774K

+194.6% YoY

Annual Giving

$176K

+1252.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$88K

+576.2% YoY

About Magic Grants

Based on IRS filings

Magic Grants is a public charity focused on Education, based in Denver, CO. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $774K in total assets. In 2025, it awarded 2 grants totaling $176K. Net investment income was $19K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

CheyenneGeorgetownLas CrucesNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2021 Total only2022 1 grant2023 1 grant2024 2 grants2025

From 2022 to 2025, annual grant giving ranged from $13K (2024) to $176K (2025). In 2025 it made 2 grants totaling $176K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Veridise Inc: $96KVeridise Inc$96KTrail of Bits Inc: $80KTrail of Bits Inc$80K

The largest 2025 recipient was Veridise Inc ($96K). Together the top 2 received $176K.

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Veridise Inc Georgetown, TXResearch and Develop$95,800
Trail of Bits Inc New York, NYResearch and Develop$80,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$773,639$262,582$256,192
Revenue$874,550$131,102$304,281
Expenses$363,493$124,712$172,228
Net Investment Income$19,218$9,775$-7,240

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS December 13, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS June 13, 2025)
  4. Updated Form 990 for fiscal year 2025 (received by the IRS December 9, 2025)
  5. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Magic Grants is led by Justin Ehrenhofer, President & S since 2024 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Justin Ehrenhofer

    President & S

    President Executive Director → President & S, 2024

    On filings since 2021

    6 hrs/week

    No compensation reported

  • Thomas Tyler Shaw

    Director

    On filings since 2024

    4 hrs/week

    No compensation reported

  • John Murphy

    Vice President

    On filings since 2021

    4 hrs/week

    No compensation reported

Former officers (1)
  • Former: Matthew Shroyer (2021–2023) — Treasurer Secretary

Data from IRS Form 990 filings, 2021–2025. "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 Magic Grants

How much does Magic Grants give each year?

Magic Grants gave $176K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $13K across 1 grant.

How large is Magic Grants?

Magic Grants reported $774K in total assets on its 2025 IRS Form 990. Its revenue that year was $875K.

What is Magic Grants?

Magic Grants is a public charity focused on Education, based in Denver, CO. It holds $774K in total assets as of 2025.

Where does Magic Grants operate?

Magic Grants has awarded grants in New Mexico, New York, Texas, Wyoming.

What is Magic Grants's EIN?

Magic Grants's EIN (Employer Identification Number) is 82-5183590. IRS Form 990 filing data is available on this page for 2021–2025.

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

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