Funder DirectorySALVATION ARMY MAGNESS TRUST FUND
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Private foundation (trust)EIN 626033090Est. 1975-09

SALVATION ARMY MAGNESS TRUST FUND

NASHVILLE, TN 372192415

Total Assets

$1.9M

FY 2023

Annual Giving

$96K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$96K

FY 2023

Grant Range

$96K–$96K

Typical

Deadlines

Applications

Programs & Activities

Program 1

The sole charitable activity of this organization is the making of contributions and grants to qualified charitable organizations. No direct charitable activities are conducted.

Financial Snapshot

2023 filing

Total Revenue

$47K

Total Expenses

$126K

Qualifying Distributions

$96K

Distributable Amount

$91K

Min. Investment Return

$91K

Undistributed Income

$89K

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

4 years

Giving over time from 2020 to 2023. Peak $96K in 2023. Hover bars for details.

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

Top Recipients

4 grants

Salvation Army
$371K
4 grants

Grant Size Distribution

4 grants

<$10K
$10–50K
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Georgia
$371K
100% of total

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