Magovern Family Foundation
Magovern Family Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $100K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-1.8% YoY
Annual Giving
$100K
-4.8% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$14K
-4.8% YoY
Under IRS private-foundation payout rules, Magovern Family Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Magovern Family Foundation
Based on IRS filings
Magovern Family Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $100K. Net investment income was $79K.
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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 | $1,239,259 | $1,261,732 | $1,299,859 |
| Revenue | $90,615 | $80,367 | $82,484 |
| Expenses | $113,088 | $118,495 | $117,790 |
| Qualifying Distributions | $100,574 | $105,557 | $105,541 |
| Net Investment Income | $79,101 | $68,571 | $70,415 |
| Distributable Amount | $113,146 | $101,930 | $104,875 |
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
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Allegheny Health Network ($25,000), Steel City Squash ($15,000), The Neighborhood Academy ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEGHENY HEALTH NETWORK PITTSBURGH, PA | MAGOVERN ENDOWED | $25,000 |
| AMERICAN FDN FOR SUICIDE PREVENTION NEW YORK, NY | IN MEMORY OF THOMAS G. | $10,000 |
| STEEL CITY SQUASH PITTSBURGH, PA | GENERAL | $15,000 |
| EXTRA MILE EDUCATION FOUNDATION PITTSBURGH, PA | GENERAL | $10,000 |
| THE NEIGHBORHOOD ACADEMY PITTSBURGH, PA | GENERAL | $15,000 |
| COMMUNITY KITCHEN PITTSBURGH PITTSBURGH, PA | GENERAL | $15,000 |
| DOMINICAN SISTERS OF MISSION SAN JOSE FREMONT, CA | GENERAL | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCES M O'CONNOR | CO-TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Magovern Family Foundation?
As of 2024, Magovern Family Foundation holds $1.2M in total assets with $91K in annual revenue. It awarded 7 grants totaling $100K in 2024.
Where does Magovern Family Foundation operate?
Magovern Family Foundation has awarded grants in California, New York, Pennsylvania.
What size grants does Magovern Family Foundation award?
In 2024, Magovern Family Foundation awarded 7 grants totaling $100K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Magovern Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Magovern Family Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Magovern Family Foundation's EIN?
Magovern Family Foundation's EIN (Employer Identification Number) is 25-6282388. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Magovern Family 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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