The Gifts of the Magi Foundation
The Gifts of the Magi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.6M in total assets. In 2024, it awarded 2 grants totaling $238K. Net investment income was $246K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.6M
+378.4% YoY
Annual Giving
$238K
+139.2% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$119K
+258.8% YoY
Under IRS private-foundation payout rules, The Gifts of the Magi Foundation reported a distributable amount of $312K for 2024 — the minimum it must pay out in qualifying distributions.
About The Gifts of the Magi Foundation
Based on IRS filings
The Gifts of the Magi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.6M in total assets. In 2024, it awarded 2 grants totaling $238K. Net investment income was $246K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,564,046 | $3,044,318 | $3,142,920 |
| Revenue | $11,810,352 | $91,077 | $219,583 |
| Expenses | $278,624 | $174,679 | $194,914 |
| Qualifying Distributions | $238,000 | $99,500 | $120,000 |
| Net Investment Income | $245,526 | $69,782 | $203,008 |
| Distributable Amount | $311,765 | $149,864 | $185,624 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rancho Santa Fe Community Foundation ($200,000), Happinessadventure ($38,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HAPPINESSADVENTURE SAN DIEGO, CA | CHARITABLE CONTRIBUTIONS | $38,000 |
| RANCHO SANTA FE COMMUNITY FOUNDATION ENCINCITAS, CA | CHARITABLE CONTRIBUTIONS | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN K LIGUORI | CEO & DIRECTOR | — | — |
| LISA A LIGUORI | CFO & SECRETARY | — | — |
| CATHERINE E LIGUORI | VICE PRESIDENT | — | — |
| DANIEL T LIGUORI | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Gifts of the Magi Foundation?
The Gifts of the Magi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. It holds $14.6M in total assets as of 2024.
How large is The Gifts of the Magi Foundation?
As of 2024, The Gifts of the Magi Foundation holds $14.6M in total assets with $11.8M in annual revenue. It awarded 2 grants totaling $238K in 2024.
Where does The Gifts of the Magi Foundation operate?
The Gifts of the Magi Foundation has awarded grants in California.
What size grants does The Gifts of the Magi Foundation award?
In 2024, The Gifts of the Magi Foundation awarded 2 grants totaling $238K — an average of about $119K per grant, based on its IRS Form 990 filings.
How much is The Gifts of the Magi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gifts of the Magi Foundation reported a distributable amount of $312K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Gifts of the Magi Foundation's EIN?
The Gifts of the Magi Foundation's EIN (Employer Identification Number) is 20-2029251. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Gifts of the Magi 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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