Funder DirectoryMAGYARBANK CHARITABLE FOUNDATION
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Private foundation (trust)EIN 204154914Est. 2007-07

MAGYARBANK CHARITABLE FOUNDATION

NEW BRUNSWICK, NJ 08901

Total Assets

$684K

FY 2023

Annual Giving

$71K

FY 2023

Grants Made

24

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$1K–$7K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$32K

Total Expenses

$99K

Qualifying Distributions

$102K

Distributable Amount

$34K

Min. Investment Return

$34K

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.

Grant Range

24 grants

Grant sizes from minimum $1K through median $3K to maximum $7K, 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

7 years

Giving over time from 2017 to 2023. Peak $97K in 2021. Hover bars for details.

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

Top Recipients

165 grants

STATE THEATRE REGIONAL ARTS CENTER AT NEW BRUNSWICK INC
$76K
6 grants
CENTRAL JERSEY HOUSING RESOURCE CENTER
$25K
5 grants
TRIPLE C HOUSING INC
$25K
5 grants
NEW BRUNSWICK HEALTH SCIENCES TECH HS
$20K
4 grants
JEWISH COMMUNITY CENTER OF MIDDLESEX COUNTY
$15K
4 grants
THE ARC OF MIDDLESEX COUNTY
$13K
1 grant
TOWN CLOCK COMMUNITY DEVELOPMENT CORPORATION INC
$11K
5 grants
PATRIOTS PATH COUNCIL
$10K
1 grant

Grant Size Distribution

165 grants

<$10K
162
grants
$10–50K
3
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

New Jersey
$501K
100% of total
Michigan
$3K
0% of total

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MAGYARBANK CHARITABLE FOUNDATION — Grants, Financials & Contact | Grantivo