Maguire Foundation Inc

ITHACA, NY EIN: 87-4120982

Maguire Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ITHACA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $31K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-7.3% YoY

Annual Giving

$31K

-59.2% YoY

Grant Count

33

+3.1% YoY

Avg Grant Size

$937.121

-60.4% YoY

Under IRS private-foundation payout rules, Maguire Foundation Inc reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Maguire Foundation Inc

Based on IRS filings

Maguire Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ITHACA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $31K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AlbanyAuburnBaldwinsvilleBinghamtonBridgeportBurdettCorningEast SyracuseElmiraErieFreevilleGrotonHectorHorseheadsIthacaJohnson CityLiverpoolNewfieldOvidRochester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$59K$89K$118K202220232024
Metric202420232022
Total Assets$1,056,668$1,140,185$918,309
Revenue$84,053$71,010$107,660
Expenses$58,463$88,135$59,249
Qualifying Distributions$34,250$77,300$47,873
Net Investment Income$34,954$13,955$13,640
Distributable Amount$71,640$50,984$37,864

Giving Over Time

Total grant dollars and number of grants per year

$0$19K$38K$57K$76K10 grants202232 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOSPICE & PALLIATIVE CAR…$5KSPECIAL OLYMPICS OF NEW …$5KSPIEDIE FEST BALLOON RAL…$5KJUST BE CAUSE CENTER$3KST JUDE CHILDREN'S RESEA…$2KTRUMANSBURG TAKES ON PED…$2KCENTRAL CURRENT INC$1KUNITED WAY OF SCHUYLER C…$1KTRUMANSBURG COMMUNITY NU…$600CENTRAL NY DIAPER BANK$500

Grant Size Distribution

75 grants across all recorded years

75<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hospice & Palliative Care Services ($5,000), Special Olympics of New York ($5,000), Spiedie Fest Balloon Rally Expo Inc ($5,000).

RecipientPurposeAmount
AMERICAN FOUNDATION FOR SUICIDE PREVENTION FREEVILLE, NYGREATER ITHACA WALK$300
BALDWINSVILLE THEATRE GUILD BALDWINSVILLE, NYDONATION$225
CATHOLIC CHARITIES OF CHEMUNGSCHUYLER ELMIRA, NYDONATION TO ANNUAL GALA$100
CENTRAL CURRENT INC SYRACUSE, NYDONATION$1,000
CENTRAL NY DIAPER BANK LIVERPOOL, NYDONATION$500
FAMILY & CHILDREN'S SERVICE OF ITHACA ITHACA, NY2023 CARDBOARD BOAT RACE$250
FINGER LAKES TOY LIBRARY ITHACA, NYSPONSORSHIP$200
HECTOR FOUNDATION HECTOR, NYDONATION$350
HOSPICE & PALLIATIVE CARE SERVICES ITHACA, NYTHE 20TH WOMEN SWIMMIN' FOR HOSPICARE$5,000
HUMMELSTOWN CHEMICAL FIRE COMPANY ITHACA, NYDONATION - CHILL CHALLENGE$300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PHILIP MAGUIREPRESIDENT0.5
NICOLE MAGUIRETREASURER0.5
JANET YAEKELSECRETARY0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maguire Foundation Inc?

Maguire Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ITHACA, NY. It holds $1.1M in total assets as of 2024.

How large is Maguire Foundation Inc?

As of 2024, Maguire Foundation Inc holds $1.1M in total assets with $84K in annual revenue. It awarded 33 grants totaling $31K in 2024.

Where does Maguire Foundation Inc operate?

Maguire Foundation Inc has awarded grants in Connecticut, Georgia, New York, Pennsylvania.

What size grants does Maguire Foundation Inc award?

In 2024, Maguire Foundation Inc awarded 33 grants totaling $31K — an average of about $937.121 per grant, based on its IRS Form 990 filings.

How much is Maguire Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maguire Foundation Inc reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maguire Foundation Inc's EIN?

Maguire Foundation Inc's EIN (Employer Identification Number) is 87-4120982. 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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