Funder DirectoryLARRY & MILLIE MAGID FAMILY FOUNDATION
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Private foundation (trust)EIN 814984390Est. 2017-04

LARRY & MILLIE MAGID FAMILY FOUNDATION

MIAMI, FL 33163

Total Assets

$9.7M

FY 2024

Annual Giving

$541K

FY 2024

Grants Made

60

FY 2024

Avg Grant

$9K

FY 2024

Grant Range

$250–$55K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$649K

Total Expenses

$674K

Qualifying Distributions

$543K

Distributable Amount

$577K

Min. Investment Return

$577K

Payout rate 94%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.94%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

60 grants

Grant sizes from minimum $250 through median $5K to maximum $55K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $541K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

213 grants

UNITED HATZALAH
$163K
5 grants
BIKUR V EZARAS
$140K
5 grants
MORGAN DAVID ADOM
$132K
2 grants
SHAARE ZEDEK
$125K
5 grants
BNAI BRITH
$106K
5 grants
OPEN DOOR MEDIA
$102K
5 grants
SMITHSONIAN LATINO CENTER
$101K
3 grants
JEWISH EDUCATION
$95K
5 grants

Grant Size Distribution

213 grants

<$10K
143
grants
$10–50K
68
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

15 states

New York
$1.2M
51% of total
Florida
$473K
20% of total
District of Columbia
$222K
10% of total
Connecticut
$106K
5% of total
Pennsylvania
$99K
4% of total
Maryland
$89K
4% of total
Massachusetts
$46K
2% of total
New Jersey
$29K
1% of total
California
$27K
1% of total
Ohio
$15K
1% of total

+5 more states

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