The Magnus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $65K in total assets. In 2024, it made $9K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$65K
+849.6% YoY
Revenue
$68K
+347.2% YoY
Qualifying Distributions
$9K
-20.5% YoY
Expenses
$10K
-13.6% YoY
About The Magnus Foundation
Based on IRS filings
The Magnus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $65K in total assets. In 2024, it made $9K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $64,686 | $6,812 | $4,459 |
| Revenue | $67,584 | $15,114 | $26,563 |
| Expenses | $9,710 | $11,238 | $23,663 |
| Qualifying Distributions | $8,868 | $11,149 | $23,663 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VISHAL ARORA | PRESIDENT | 5 | — |
| ARUNIMA RAI | TREASURER &S | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Magnus Foundation?
The Magnus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. It holds $65K in total assets as of 2024.
How large is The Magnus Foundation?
As of 2024, The Magnus Foundation holds $65K in total assets with $68K in annual revenue.
What is The Magnus Foundation's EIN?
The Magnus Foundation's EIN (Employer Identification Number) is 87-4119819. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Magnus 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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