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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$704K
-25.8% YoY
Annual Giving
$155K
+29.2% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$52K
-56.9% YoY
About Magic Johnson Foundation
Based on IRS filings
Magic Johnson Foundation is a nonprofit organization 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $703,878 | $949,025 | $29,888 |
| Revenue | $256,949 | $1,092,927 | $135,100 |
| Expenses | $398,851 | $299,535 | $105,212 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,648 | — | — |
| 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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Delaware State Unversity ($125,000), Feed the Children ($20,000), Brotherhood Against Drugs ($10,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EARVIN JOHNSON JR | BOARD CHAIR, PRESIDENT, DI | 1 | — |
| KAWANNA BROWN | TREASURER, DIRECTOR | 1 | — |
| EARLETHA JOHNSON | SECRETARY, DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Magic Johnson Foundation?
Magic Johnson Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in BEVERLY HILLS, CA. It holds $704K in total assets as of 2024.
How large is Magic Johnson Foundation?
As of 2024, Magic Johnson Foundation holds $704K in total assets with $257K in annual revenue. It awarded 3 grants totaling $155K in 2024.
Where does Magic Johnson Foundation operate?
Magic Johnson Foundation has awarded grants in Delaware, Michigan, Oklahoma.
What size grants does Magic Johnson Foundation award?
In 2024, Magic Johnson Foundation awarded 3 grants totaling $155K — an average of about $52K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Magic Johnson Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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