Funder DirectoryMAGNOLIA FOUNDATION
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Private foundation (trust)EIN 813494937Est. 2016-12

MAGNOLIA FOUNDATION

WACO, TX 76703

Total Assets

$337

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Expenses

$2K

Qualifying Distributions

$2K

Distributable Amount

$23

Min. Investment Return

$23

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $149K in 2022. Hover bars for details.

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

Top Recipients

19 grants

PAUL QUINN COLLEGE
$60K
1 grant
Salvation Army Waco
$50K
1 grant
KINDNESS FOR KIDS
$25K
1 grant
WACO CHAMBER OF COMMERCE
$20K
1 grant
EMPOWERMENT DRIVEN BY KNOWLEDGE
$10K
1 grant
V FOUNDATION
$10K
1 grant
Waco Goodfellas Inc
$5K
2 grants
AMERICAN CANCER SOCIETY
$3K
1 grant

Grant Size Distribution

19 grants

<$10K
15
grants
$10–50K
3
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Texas
$104K
51% of total
New Jersey
$60K
30% of total
Tennessee
$25K
12% of total
North Carolina
$10K
5% of total
Idaho
$3K
1% of total
Minnesota
$494
0% of total

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