Magsi Family Foundation

TOLEDO, OH EIN: 84-3115517

Magsi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOLEDO, OH. IRS filing data is available from 2022 through 2024.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Revenue

-100.0% YoY

Net Investment Income

Expenses

-100.0% YoY

Under IRS private-foundation payout rules, Magsi Family Foundation reported a distributable amount of $682 for 2024 — the minimum it must pay out in qualifying distributions.

About Magsi Family Foundation

Based on IRS filings

Magsi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOLEDO, OH. IRS filing data is available from 2022 through 2024.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K202220232024
Metric202420232022
Total Assets$53,398
Revenue$15,362$25,875
Expenses$2,143$3,109
Qualifying Distributions$218
Net Investment Income$1,314
Distributable Amount$682$682$1,774

Giving Over Time

Total grant dollars and number of grants per year

$0$54.5$109$163.5$2181 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ZAFAR MAGSIPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Magsi Family Foundation?

Magsi Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in TOLEDO, OH. It holds — in total assets as of 2024.

Where does Magsi Family Foundation operate?

Magsi Family Foundation has awarded grants in Texas.

How much is Magsi Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Magsi Family Foundation reported a distributable amount of $682 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Magsi Family Foundation's EIN?

Magsi Family Foundation's EIN (Employer Identification Number) is 84-3115517. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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