Funder DirectoryThe Magic Charitable Foundation
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Private foundation (trust)EIN 274375952Est. 2013-06

The Magic Charitable Foundation

Mettawa, IL 60048

Total Assets

$2.6M

FY 2024

Annual Giving

$124K

FY 2024

Grants Made

24

FY 2024

Avg Grant

$5K

FY 2024

Grant Range

$2K–$15K

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2024 filing

Total Revenue

$237K

Total Expenses

$145K

Qualifying Distributions

$128K

Distributable Amount

$128K

Min. Investment Return

$131K

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 $2K through median $4K to maximum $15K, 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 $158K in 2022. Hover bars for details.

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

Top Recipients

89 grants

St Jude Children's Research Hospita
$62K
5 grants
American Red Cross
$49K
4 grants
Habitat for Humanity International
$35K
4 grants
Habitat for Humanity Lake County
$33K
4 grants
Ann Robert H Lurie Children's Hospi
$31K
3 grants
The Water Project
$27K
4 grants
St Joan of Arc Catholic School
$25K
4 grants
The Les Turner ALS Foundation
$23K
3 grants

Grant Size Distribution

89 grants

<$10K
78
grants
$10–50K
11
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

14 states

Illinois
$266K
45% of total
District of Columbia
$72K
12% of total
Tennessee
$62K
10% of total
New York
$43K
7% of total
Virginia
$38K
6% of total
Georgia
$36K
6% of total
New Hampshire
$27K
5% of total
Minnesota
$23K
4% of total
California
$10K
2% of total
Texas
$8K
1% of total

+4 more states

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The Magic Charitable Foundation — Grants, Financials & Contact | Grantivo