Magnolia Foundation
RIO GRANDE, PR EIN: 32-6567162
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$375K
-5.6% YoY
Annual Giving
$41K
+0.6% YoY
Grant Count
7
-36.4% YoY
Avg Grant Size
$6K
+58.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $375,080 | $397,450 | $422,916 |
| Revenue | $24,851 | $19,616 | $25,195 |
| Expenses | $47,221 | $45,082 | $83,244 |
| Qualifying Distributions | $42,406 | $41,572 | $76,637 |
| Net Investment Income | $20,036 | $16,092 | $18,588 |
| Distributable Amount | $23,028 | $21,419 | $22,812 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Magnolia Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOM R S MILLON | TRUSTEE | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Pennsylvania $110K (39%)
Missouri $78K (28%)
Florida $59K (21%)
California $9K (3%)
Texas $6K (2%)
Virginia $4K (2%)
Colorado $3K (1%)
Massachusetts $3K (1%)
+5 more states
States
Cities
ArlingtonBaltimoreBellevueCentennialColorado SpringsCulver CityGreenbraeHonoluluHoustonJacksonville BeachKansas CityKatyNew YorkOrlandoOviedoParklandPasadenaPhiladelphiaPonte Vedra BeachSaint Augustine
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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