Private foundation (trust)EIN 611690771Est. 2014-07
MAGNIFI FINANCIAL FOUNDATION
MELROSE, MN 56352
Accepts unsolicited proposalsTotal Assets
$680K
FY 2023
Annual Giving
$27K
FY 2023
Grants Made
3
FY 2023
Avg Grant
$9K
FY 2023
Grant Range
$7K–$10K
Typical
Deadlines
Not applicable
Applications
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$99K
Total Expenses
$28K
Qualifying Distributions
$27K
Distributable Amount
$30K
Min. Investment Return
$30K
Undistributed Income
$29K
Payout rate
Qualifying distributions as a share of distributable amount.
Giving Over Time
5 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
27 grants
Grant Size Distribution
27 grants
Geographic Focus
1 states
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