Rows of old wooden school desks in an empty classroom
Foundation Lookup

Form 990-PFTax year 2024EIN 32-6567162

Magnolia Foundation

A private foundation in Rio Grande, PR. Its return for tax year 2024 lists 7 grants and $40,801 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $40,801

    Grants listed
    7
    Assets, end of year
    $375,080

  • Tax year 2023

    $40,569

    Grants listed
    11
    Assets, end of year
    $397,450

  • Tax year 2022

    $74,435

    Grants listed
    12
    Assets, end of year
    $422,916

  • Tax year 2021

    $52,825

    Grants listed
    9
    Assets, end of year
    $480,965

  • Tax year 2020

    $52,492

    Grants listed
    14
    Assets, end of year
    $502,945

  • Tax year 2019

    $25,000

    Grants listed
    1
    Assets, end of year
    $475,024

Grants paid in 2024

7 grants, largest first

As listed on the return.

  1. University of PennsylvaniaPhiladelphia, PA

    General support

    $30,000
  2. Fundacion Forjadores de EsperanzaCanovanas, Puerto Rico

    General support

    $4,000
  3. Nature ConservancyArlington, VA

    General support

    $2,266
  4. Grace & Hope MinistriesBaltimore, MD

    General support

    $1,635
  5. Cool Effect IncGreenbrae, CA

    General support

    $1,400
  6. Hope and Deliverance MinistriesSaint Augustine, FL

    Thanksgiving food bank

    $1,000
  7. JDRF InternationalNew York, NY

    General support

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $30,00094% of the total
  2. Environment1 grant $1,4004% of the total
  3. Health1 grant $5002% of the total

By State

Grants to organizations with a US address, latest year.

  1. Pennsylvania1 grant $30,000
  2. Virginia1 grant $2,266
  3. Maryland1 grant $1,635
  4. California1 grant $1,400
  5. Florida1 grant $1,000
  6. New York1 grant $500

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Tom R S MillonTRUSTEE Hours 2Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Unanue Lopez Family FoundationBayamon, PR 2 grants Preselected only $105,000 giving
  2. Alice Suzanne Hamilton Charitable FoundationCherry Hills Village, CO 10 grants Preselected only $40,800 giving
  3. Isidore Margolis & Joel Abe Margolis Foundation IncTowson, MD 8 grants Accepts applications $40,793 giving
  4. Warren Frances Knowles TR UagreePittsburgh, PA 1 grant Preselected only $40,784 giving
  5. The Chung Family FoundationCambridge, MA 1 grant Preselected only $40,857 giving