The Paul and Dana Magno Family Foundatio
The Paul and Dana Magno Family Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRENTON, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $929K in total assets. In 2025, it awarded 17 grants totaling $195K. Net investment income was $74K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$929K
+20.8% YoY
Annual Giving
$195K
+129.3% YoY
Grant Count
17
+41.7% YoY
Avg Grant Size
$11K
+61.9% YoY
Under IRS private-foundation payout rules, The Paul and Dana Magno Family Foundatio reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.
About The Paul and Dana Magno Family Foundatio
Based on IRS filings
The Paul and Dana Magno Family Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRENTON, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $929K in total assets. In 2025, it awarded 17 grants totaling $195K. Net investment income was $74K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $928,722 | $768,705 | $658,069 |
| Revenue | $365,649 | $203,782 | $148,588 |
| Expenses | $205,632 | $93,146 | $79,115 |
| Qualifying Distributions | $200,386 | $89,008 | $75,885 |
| Net Investment Income | $74,291 | $119,539 | $69,559 |
| Distributable Amount | $26,107 | $11,833 | — |
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 2025
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include RWJ Barnabus ($102,988), Faith Lutheran Church ($36,010), Rutgers University FDN ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Faith Lutheran Church Lavallette, NJ | Religious | $36,010 |
| Lavallette Fire Company Lavallette, NJ | Community | $1,200 |
| Lavalette First Aid Lavallette, NJ | Community | $2,000 |
| St Judes Memphis, TN | Research-Cancer | $2,500 |
| Yampa River Botanical Park Steamboat Springs, CO | Community | $1,000 |
| Save Barnegat Bay TOMS RIVER, NJ | Community | $1,000 |
| US SAILING Bristol, RI | Educational | $750 |
| Fulfill Foodbank NJ Neptune, NJ | Community | $1,000 |
| Rutgers University FDN New Brunswick, NJ | Community | $30,000 |
| The B Foundation Wilmington, DE | Community | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dana Magno | Trustee | — | — |
| Paul J Magno | Trustee | — | — |
| James Maida | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Paul and Dana Magno Family Foundatio?
The Paul and Dana Magno Family Foundatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRENTON, NJ. It holds $929K in total assets as of 2025.
How large is The Paul and Dana Magno Family Foundatio?
As of 2025, The Paul and Dana Magno Family Foundatio holds $929K in total assets with $366K in annual revenue. It awarded 17 grants totaling $195K in 2025.
Where does The Paul and Dana Magno Family Foundatio operate?
The Paul and Dana Magno Family Foundatio has awarded grants in California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Maryland, North Carolina, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Wisconsin.
What size grants does The Paul and Dana Magno Family Foundatio award?
In 2025, The Paul and Dana Magno Family Foundatio awarded 17 grants totaling $195K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The Paul and Dana Magno Family Foundatio required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Paul and Dana Magno Family Foundatio reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Paul and Dana Magno Family Foundatio's EIN?
The Paul and Dana Magno Family Foundatio's EIN (Employer Identification Number) is 27-0755271. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Paul and Dana Magno Family Foundatio'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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