Magnolia Educational and Research Foundation
Magnolia public schools provides a college preparatory educational program emphasizing science, technology, engineering, arts, and mathematics (STEAM) in a safe environment that cultivates respect for self and others.
Magnolia Educational and Research Foundation at a glance
In short: Magnolia Educational and Research Foundation gave $478K across 1 grant in 2025 (avg $478K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $478,327
- Grants made (2025)
- 1
- Average grant
- $478,327
- Median grant
- $478,327
- Total assets
- $100,711,421
- +32.4% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Magnolia Educational and Research Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Magnolia Properties Management Inc ($478K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $478K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Magnolia Properties Management Inc Los Angeles, CA | For Use in Foundation Programs | $478,327 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $100,711,421 | $86,364,539 | $84,439,598 | $478,327 | 1 | $103,467 |
| 2024 | $76,058,129 | $84,399,638 | $78,564,322 | — | — | $65,249 |
| 2023 | $69,109,481 | $31,976,044 | $76,945,341 | — | — | $485,432 |
| 2022 | $67,129,472 | $66,230,945 | $62,131,487 | — | — | $35,200 |
| 2021 | $60,566,625 | $63,609,344 | $50,824,459 | — | — | $34,748 |
| 2020 | $54,570,182 | $51,334,434 | $49,147,443 | — | — | — |
| 2019 | $45,409,410 | $47,041,355 | $46,917,362 | — | — | — |
About Magnolia Educational and Research Foundation
Based on IRS filings
Magnolia Educational and Research Foundation is a public charity focused on Education, based in Los Angeles, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $100.7M in total assets. In 2025, it awarded 1 grant totaling $478K. Net investment income was $103K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Magnolia Educational and Research Foundation is led by Alfredo Rubalcava, CEO on every filing since 2019; 9 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Alfredo Rubalcava
CEO
On filings since 2019
40 hrs/week
$95K (2019) → $267K (2025)
Mekan Muhammedov
Chair
Director → Chair, 2022
On filings since 2020
2 hrs/week
No compensation reported
Diane Gonzalez
Director
On filings since 2019
2 hrs/week
No compensation reported
Umit Yapenel PhD
Director
Vice Chair → Director, 2022
On filings since 2019
2 hrs/week
No compensation reported
Salih Dikbas Ph D.
Director
New on the 2025 filing
2 hrs/week
No compensation reported
David E. Yilmaz
Chief Accountability Officer
On filings since 2019
40 hrs/week
$114K (2019) → $194K (2025)
Erdinc Acar
Deputy Superintendent
Regional Director → Chief Academic Officer, 2021
Chief Academic Officer → Deputy Superintendent, 2023
On filings since 2019
40 hrs/week
$114K (2019) → $215K (2025)
Patrick Anton Ontiveros
Chief Facility Officer
General Counsel → Chief Facility Officer, 2022
On filings since 2019
40 hrs/week
$145K (2019) → $198K (2025)
Suat Acar
Chief Operating Officer
On filings since 2019
40 hrs/week
$121K (2019) → $201K (2025)
Steve Budhraja
Chief Financial Officer
On filings since 2022
40 hrs/week
$171K (2023) → $205K (2025)
Brenda Olivares
Chief External Officer
On filings since 2023
40 hrs/week
$160K (2023) → $170K (2025)
Gokhan Serce
Chief Academic Officer
New on the 2025 filing
40 hrs/week
$187K (2025)
Yezenia Del Carpio
Chief People Officer
New on the 2025 filing
40 hrs/week
$182K (2025)
Sandra Covarrubias
Vice Chair
Director → Vice Chair, 2022
On filings since 2019
2 hrs/week
No compensation reported
Former officers (13)
- Former: Salih Dikbas (2019–2024) — Director
- Former: Esra Eldem-Tunc (2022–2024) — Director
- Former: Brenda Lopez (2024) — Chief External Officer
- Former: Turan Cafer (2024) — Senior Controller
- Former: Rasul Monoshev (2019–2023) — It Director
- Former: Serdar Orazov (2019–2022) — Chief Financial Officer
- Former: Harun Ciftci (2021–2022) — Senior Financial Analyst
- Former: Daniel Sheehan (2022) — Director
- Former: Derya Hajmeirza (2022) — Human Resource Director
- Former: Haim Beliak (2019–2021) — Chair
- Former: Nanie Montijo (2019–2020) — CFO
- Former: Caprice Young (2019) — CEO
- Former: Shohrat Geldiyev (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $267K, to Alfredo Rubalcava (CEO). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Magnolia Educational and Research Foundation
How much does Magnolia Educational and Research Foundation give each year?
Magnolia Educational and Research Foundation gave $478K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Magnolia Educational and Research Foundation?
Magnolia Educational and Research Foundation reported $100.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $86.4M.
What is Magnolia Educational and Research Foundation?
Magnolia Educational and Research Foundation is a public charity focused on Education, based in Los Angeles, CA. It holds $100.7M in total assets as of 2025.
Where does Magnolia Educational and Research Foundation operate?
Magnolia Educational and Research Foundation has awarded grants in California.
What is Magnolia Educational and Research Foundation's EIN?
Magnolia Educational and Research Foundation's EIN (Employer Identification Number) is 95-4649884. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
Explore Open Grants
Browse active grant opportunities in Magnolia Educational and Research Foundation's focus areas in our free grants database
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