NonprofitsMagnolia Education Foundation

Private Grantmaking Foundations

Magnolia Education Foundation

MAGNOLIA, TX

Total revenue

$242K

Total expenses

$173K

Net assets

$157K

Grants received

$10K

1 grants

EIN

760699381

Tax year

2022

Mission

Non profit mission statement is directed to the raising of funds with the proceeds used for educational purposes related to the school district. The library and the teachers whom work at the school proceeds supply books, teacher suply reimbursements and play ground equipment for the school. All of these programs are managed by parents whom offer their time at no charge.

Programs

1 program

Grants were made to school district teachers, to students of the district whom were headed to college.

Expenses: $50K

Financials

FY 2022

Revenue

Contributions & grants$235K
Program service revenue
Investment income$57
Other revenue$7K
Total revenue$242K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$173K
Total expenses$173K
Total assets$157K
Net assets$157K

People

3 listed

NameRoleCompensation

TAMMIE GAICONA-FREEMAN

VICE PRESIDE

Board

10 hrs/wk

TINA MESSINA

PRESIDENT

Board

10 hrs/wk

PATRICIA SASS

TREASURER

Board

10 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$10K
GIFT
2023

Funded by

$10K from 1 funder · 1 grant · 2023

Santa's Elves

$10K · 1 grant · 2023

Details

EIN760699381
NTEE codeT20
Subsection03
Ruling date2002-10
Formed2001
Employees0
MAGNOLIA EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo