The Magnolia Charitable Foundation
The Magnolia Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 48 grants totaling $131K. Net investment income was $209K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+1.7% YoY
Annual Giving
$131K
-16.7% YoY
Grant Count
48
+26.3% YoY
Avg Grant Size
$3K
-34.1% YoY
Under IRS private-foundation payout rules, The Magnolia Charitable Foundation reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.
About The Magnolia Charitable Foundation
Based on IRS filings
The Magnolia Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 48 grants totaling $131K. Net investment income was $209K.
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 | $3,389,547 | $3,331,638 | $3,356,889 |
| Revenue | $228,849 | $168,968 | $184,680 |
| Expenses | $170,940 | $194,719 | $209,500 |
| Qualifying Distributions | $149,388 | $174,811 | $185,642 |
| Net Investment Income | $209,397 | $150,772 | $166,324 |
| Distributable Amount | $175,670 | $159,955 | $165,672 |
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
236 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include English in Action ($15,000), Planned Parenthood Federation of America Inc ($10,000), A Chance to Change Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A CHANCE TO CHANGE FOUNDATION OKLAHOMA CITY, OK | General & Unrestricted | $5,000 |
| AHAL INC GRAND JCT, CO | General & Unrestricted | $2,500 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI CHICAGO, IL | TO SUPPORT Alzheimers Association of Waltham Massachusetts | $250 |
| AMERICAN IMMIGRATION COUNCIL INC WASHINGTON, DC | Immigration Justice Campaign | $5,000 |
| ANGEL S FOSTER FAMILY NETWORK OKC INC EDMOND, OK | General & Unrestricted | $4,000 |
| ANNUNCIATION HOUSE INC EL PASO, TX | General & Unrestricted | $5,000 |
| BETHLEHEM HOUSE INC CONWAY, AR | General & Unrestricted | $2,000 |
| BORDER PARTNERS DEMING, NM | General & Unrestricted | $5,000 |
| BOYS & GIRLS CLUB OF OKLAHOMA COUNTY INC OKLAHOMA CITY, OK | General & Unrestricted | $1,000 |
| CALM WATERS CENTER FOR CHILDREN AND FAMILIES INC OKLAHOMA CITY, OK | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Allison Barnes | Associate Dir | 1 | — |
| Cara Barnes | Dir, VP | 5 | — |
| Megan Barnes | Associate Dir | 1 | — |
| Robert N Barnes | Pres, Dir, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Magnolia Charitable Foundation?
The Magnolia Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.4M in total assets as of 2024.
How large is The Magnolia Charitable Foundation?
As of 2024, The Magnolia Charitable Foundation holds $3.4M in total assets with $229K in annual revenue. It awarded 48 grants totaling $131K in 2024.
Where does The Magnolia Charitable Foundation operate?
The Magnolia Charitable Foundation has awarded grants in Arkansas, California, Colorado, District of Columbia, Georgia, Hawaii, Illinois, Maryland, Minnesota, Missouri, North Carolina, New Mexico, New York, Oklahoma, Texas, Virginia, Vermont.
What size grants does The Magnolia Charitable Foundation award?
In 2024, The Magnolia Charitable Foundation awarded 48 grants totaling $131K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Magnolia Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Magnolia Charitable Foundation reported a distributable amount of $176K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Magnolia Charitable Foundation's EIN?
The Magnolia Charitable Foundation's EIN (Employer Identification Number) is 46-3638072. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Magnolia Charitable 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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