Shugar Magic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PACIFICA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $305K. Net investment income was $119K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-16.9% YoY
Annual Giving
$305K
+522.4% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$38K
+289.0% YoY
Under IRS private-foundation payout rules, Shugar Magic Foundation reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.
About Shugar Magic Foundation
Based on IRS filings
Shugar Magic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PACIFICA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $305K. Net investment income was $119K.
Focus Areas
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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 | $1,071,212 | $1,289,805 | $1,342,776 |
| Revenue | $133,236 | $44,354 | $45,779 |
| Expenses | $346,791 | $92,842 | $162,616 |
| Qualifying Distributions | $333,103 | $77,969 | $142,027 |
| Net Investment Income | $119,466 | $29,373 | $28,090 |
| Distributable Amount | $75,492 | $76,834 | $83,335 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Voter Participation Center ($200,000), American Solar Energy Society ($50,000), National Caucus of Environmental Legislators ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN SOLAR ENERGY SOCIETY BOULDER, CO | GENERAL OPERATING EXPENSES | $50,000 |
| BEND THE ARC NEW YORK, NY | GENERAL OPERATING EXPENSES | $7,500 |
| EARTH JUSTICE SAN FRANCISCO, CA | GENERAL OPERATING EXPENSES | $10,000 |
| ENVIRONMENTAL LAW POLICY CENTER CHICAGO, IL | GENERAL OPERATING EXPENSES | $10,000 |
| NATIONAL CAUCUS OF ENVIRONMENTAL LEGISLATORS WASHINGTON, DC | GENERAL OPERATING EXPENSES | $12,500 |
| VOTE SOLAR OAKLAND, CA | GENERAL OPERATING EXPENSES | $12,500 |
| VOTER PARTICIPATION CENTER WASHINGTON, DC | GENERAL OPERATING EXPENSES | $200,000 |
| UNITE TO LIGHT SANTA BARBARA, CA | GENERAL OPERATING EXPENSES | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL SHUGAR | PRESIDENT | 1 | — |
| KATHLEEN SHUGAR | CEO & SECRETARY | 1 | — |
| DAVID SHUGAR | EXECUTIVE DIRECTOR | 7.5 | $21,042 |
| PAMELA KNIGHT | DIRECTOR | 0.25 | — |
| DAVID HOCHSCHILD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shugar Magic Foundation?
Shugar Magic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PACIFICA, CA. It holds $1.1M in total assets as of 2024.
How large is Shugar Magic Foundation?
As of 2024, Shugar Magic Foundation holds $1.1M in total assets with $133K in annual revenue. It awarded 8 grants totaling $305K in 2024.
Where does Shugar Magic Foundation operate?
Shugar Magic Foundation has awarded grants in California, Colorado, District of Columbia, Georgia, Illinois, Massachusetts, Montana, Nevada, New York, Utah.
What size grants does Shugar Magic Foundation award?
In 2024, Shugar Magic Foundation awarded 8 grants totaling $305K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Shugar Magic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shugar Magic Foundation reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shugar Magic Foundation's EIN?
Shugar Magic Foundation's EIN (Employer Identification Number) is 26-0477432. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shugar Magic 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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