NonprofitsMagic Foundation

Education

Magic Foundation

NEW HOPE, PA

Total revenue

$106K

Total expenses

$51K

Net assets

$400K

Grants received

$90K

7 grants

EIN

813801305

Tax year

2024

Mission

To advocate for and invest in the well-being of children.

Financials

FY 2024

Revenue

Contributions & grants$106K
Program service revenue
Investment income
Other revenue$449
Total revenue$106K

Expenses

Grants paid$12K
Salaries & benefits
Fundraising
Other expenses$33K
Total expenses$51K
Total assets$402K
Net assets$400K

People

10 listed

NameRoleCompensation

Steve A Grosso

Chairman & CEO

Board

10 hrs/wk

Sharon Grosso

Executive Dir.

Board

24 hrs/wk

Marty Babicki

Director

Board

1 hrs/wk

Lauren Pura

Director

Board

1 hrs/wk

Peter Murphy

Director

Board

0

Rick Atherholt

Secretary

Board

1 hrs/wk

Kathleen Capparelli

Director

Board

2 hrs/wk

Christopher Brown

Director

Board

0

Lisa Rafter

Director

Board

0.5 hrs/wk

Rene Paradis

Treasurer

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
UNRESTRICTED
2023
$15K
UNRESTRICTED
2022

Funded by

$90K from 2 funders · 7 grants · 2019–2023

Donor Advised Charitable Giving Inc

$64K · 5 grants · 2019–2023

Network For Good

$25K · 2 grants · 2022–2023

Details

EIN813801305
NTEE codeB19
Subsection03
Ruling date2017-04
MAGIC FOUNDATION — Mission, Financials & Grants Received | Grantivo