Private foundation (trust)EIN 470816746Est. 1999-02

MAGC Foundation

Glenwood, IA 51534

Total Assets

$189K

FY 2024

Annual Giving

$8K

FY 2024

Grants Made

8

FY 2024

Avg Grant

$1K

FY 2024

Grant Range

$250–$2K

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$24K

Total Expenses

$10K

Qualifying Distributions

$8K

Distributable Amount

$9K

Min. Investment Return

$9K

Undistributed Income

$9K

Payout rate 95%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.95%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $250 through median $950 to maximum $2K, 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 $8K in 2023. Hover bars for details.

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

Top Recipients

36 grants

GLENWOOD FIRE DEPT
$12K
5 grants
ALGONA IA VOLUNTEER FIRE DEPT
$11K
5 grants
PURDUM RURAL FIRE DEPT
$3K
2 grants
GLENWOOD SENIOR CENTER
$3K
3 grants
PLANNED PARENTHOOD
$2K
5 grants
Glenwood Community School Foundatio
$2K
1 grant
NATIONAL PUBLIC RADIO
$2K
5 grants
IOWA PUBLIC TELEVISION
$1K
5 grants

Grant Size Distribution

36 grants

<$10K
36
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Iowa
$33K
85% of total
Nebraska
$4K
11% of total
Maryland
$2K
4% of total

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MAGC Foundation — Grants, Financials & Contact | Grantivo