Magowan Family Foundation Inc
The Magowan Family Foundation Inc is a private family foundation incorporated in New York in 1954. The organization operates as a grantmaking foundation supporting 501(c)(3) organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
+4.1% YoY
Annual Giving
$99K
-8.9% YoY
Grant Count
19
-34.5% YoY
Avg Grant Size
$5K
+39.0% YoY
Mission & Focus Areas
The foundation provides giving primarily in the following areas:
- Arts and culture
- Education
- Health
- Parks and recreation
- Children, youth, and social services
Grantmaking
The foundation makes grants to support 501(c)(3) organizations. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation maintains operations in multiple locations:
- Primary office: 116 Radio Circle Drive, Suite 201, Mt Kisco, NY 10549-2632
- Additional location: Hillsborough, California
The foundation funds organizations across different geographic areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $1,576,177
- Total revenues: $314,705
- Total expenses: $214,543
- Investment income and dividends: $37,932
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,029,567 | $988,570 | $1,070,975 |
| Revenue | $156,711 | $41,908 | $-21,280 |
| Expenses | $115,714 | $124,293 | $81,270 |
| Qualifying Distributions | $99,350 | $114,111 | $70,325 |
| Net Investment Income | $140,347 | $31,726 | $16,309 |
| Distributable Amount | $66,560 | $57,236 | $60,042 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK MAGOWAN | PRESIDENT | 10 | — |
| NINA MAGOWAN | VICE PRESIDENT-FINANCE | 5 | — |
| OLIVIA MAGOWAN | TREASURER | 5 | — |
Contact Information
- Telephone: 914-273-3700
- Address: 116 Radio Circle Drive, Suite 201, Mt Kisco, NY 10549-2632
- EIN: 13-6085999 (Mt Kisco office); 20-1511055 (Hillsborough office)
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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