Magnusson Institute is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $128K in total assets. In 2023, it made $161K in qualifying distributions.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$128K
-45.9% YoY
Revenue
$1
-100.0% YoY
Qualifying Distributions
$161K
-82.7% YoY
Expenses
$167K
-82.2% YoY
Under IRS private-foundation payout rules, Magnusson Institute reported a distributable amount of $19K for 2023 — the minimum it must pay out in qualifying distributions.
About Magnusson Institute
Based on IRS filings
Magnusson Institute is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $128K in total assets. In 2023, it made $161K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $127,788 | $236,260 | $1,174,088 |
| Revenue | $1 | $156,260 | $71,093 |
| Expenses | $167,025 | $938,471 | $1,255,457 |
| Qualifying Distributions | $161,372 | $930,626 | $1,243,630 |
| Net Investment Income | — | — | — |
| Distributable Amount | $18,702 | $36,969 | $81,506 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER S MAGNUSSON | PRESIDENT | 40 | $3,333 |
| DAG SYRRIST | BOARD MEMBER | 0.5 | — |
| REBECCA GASCA | BOARD MEMBER | 0.5 | — |
| RALPH STRAHAN | BOARD MEMBER | 40 | $3,333 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Magnusson Institute?
Magnusson Institute is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $128K in total assets as of 2023.
How large is Magnusson Institute?
As of 2023, Magnusson Institute holds $128K in total assets with $1 in annual revenue.
How much is Magnusson Institute required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Magnusson Institute reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Magnusson Institute's EIN?
Magnusson Institute's EIN (Employer Identification Number) is 81-4527853. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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