Magic Johnson Foundation
The specific purpose of this corporation is to initiate and support programs that help to serve underserved communities and enhance the lives of underprivileged and needy individuals, and to initiate and support charitable programs that further the health and education of the public.
Magic Johnson Foundation at a glance
In short: Magic Johnson Foundation gave $155K across 3 grants in 2024 (avg $52K), mostly in Delaware. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $155,000
- +29.2% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $51,667
- -56.9% vs 2023
- Median grant
- $20,000
- Total assets
- $703,878
- -25.8% vs 2023
- Primary geography
- Delaware (81% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Magic Johnson Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Delaware State Unversity ($125K). Together the top 3 received $155K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $120K (2023) to $155K (2024). In 2024 it made 3 grants totaling $155K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Delaware State Unversity Dover, DE | Alleviating Financial Stress from Students. | $125,000 |
| Feed the Children Oklahoma, OK | Social Efforts | $20,000 |
| Brotherhood Against Drugs Lansing, MI | Help people struggling with affects of drugs and bullying | $10,000 |
Ready to take the next step with Magic Johnson Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $703,878 | $256,949 | $398,851 | $155,000 | 3 | $21,648 |
| 2023 | $949,025 | $1,092,927 | $299,535 | $120,000 | 1 | — |
| 2022 | $29,888 | $135,100 | $105,212 | — | — | — |
About Magic Johnson Foundation
Based on IRS filings
Magic Johnson Foundation is a public charity focused on Community Improvement & Capacity Building, based in Beverly Hills, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $704K in total assets. In 2024, it awarded 3 grants totaling $155K. Net investment income was $22K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Magic Johnson Foundation is led by Earvin Johnson Jr., Board Chair, President & Director since 2023 (on filings since 2022); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Earvin Johnson Jr.
Board Chair, President & Director
Chair of Board, President & Director → Board Chair, President & Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Earletha Johnson
Secretary & Director
On filings since 2022
1 hr/week
No compensation reported
Kawanna Brown
Treasurer & Director
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Johnson Foundation
How much does Magic Johnson Foundation give each year?
Magic Johnson Foundation gave $155K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $120K across 1 grant.
What is Magic Johnson Foundation's typical grant size?
Magic Johnson Foundation's median grant in 2024 was $20,000, and its average grant was $51,667, across 3 grants on its 2024 IRS Form 990.
Where does Magic Johnson Foundation give grants?
Magic Johnson Foundation gives mostly in Delaware: 81% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Oklahoma (13%) and Michigan (6%).
Does Magic Johnson Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Magic Johnson Foundation's 2024 IRS Form 990 were described as general or operating support.
How large is Magic Johnson Foundation?
Magic Johnson Foundation reported $704K in total assets on its 2024 IRS Form 990. Its revenue that year was $257K.
What is Magic Johnson Foundation?
Magic Johnson Foundation is a public charity focused on Community Improvement & Capacity Building, based in Beverly Hills, CA. It holds $704K in total assets as of 2024.
What is Magic Johnson Foundation's EIN?
Magic Johnson Foundation's EIN (Employer Identification Number) is 88-3208058. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Magic Johnson Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Trotter Family Foundation
Wilmette, IL
Assets
$2.1M
Grants
2
Total Given
$225K
Cozad Foundation
Champaign, IL
Assets
$106K
Grants
5
Total Given
$16K
One Life Foundation Inc
Lexington, MA
Assets
$12.6M
Grants
5
Total Given
$2.3M
William & Marian Littleford Fdn Inc
New York, NY
Assets
$667K
Grants
6
Total Given
$49K
Estelle Funk Foundation
Seattle, WA
The foundation supports medical research, assistance to families with critically ill children, Jewish community programs, reproductive health, disability services, and efforts to combat antisemitism and hate. Its 2024 grants ranged from $750 to $10,000, with a median of $1,800, and mostly went to organizations in California and New York, with some in Washington. It accepts written requests describing charitable purposes.
Assets
$724K
Grants
14
Total Given
$45K
Southern Fruit Distributors Fund Inc
Orlando, FL
Southern Fruit Distributors Fund supports a broad range of arts, social-service, health, faith-related, and veterans’ organizations, with most 2024 grant dollars going to Florida recipients. Its 16 grants in 2024 ranged from $250 to $2,000, with a median of $1,050. The filing says applicants should contact Jim Caruso with a letter describing the amount requested and background information; awards are discretionary.
Assets
$569K
Grants
16
Total Given
$19K
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Magic Johnson Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Magic Johnson Foundation down — hundreds of funders to go?