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EIN 81-3494937

Magnolia Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Waco
State
Texas
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Magnolia Foundation is a private foundation located in Waco, TX. The Foundation made 34 grants last year. Notable grantees include Brave Like Gabe. The Foundation is supported by Magnolia Market LLC.
Total revenues
$20,494
2022
Total expenses
$168,123
2022
Total assets
$69,181
2022
Num. employees
n/a

Grants made by Magnolia Foundation

GranteeGrant descriptionAmount
Kindness for KidsUnrestricted Donation$25,000
Waco Chamber of CommerceUnrestricted Donation$20,000
Empowerment Driven By Knowledge CoalitionUnrestricted Donation$10,000
...and 9 more grants made

Personnel at Magnolia Foundation

NameTitleCompensation
Jerry StevensPresident$0

Financials for Magnolia Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$20,494
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,494

Form 990s for Magnolia Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-11990PFView PDF
2017-122019-02-21990PFView PDF
2016-122017-12-04990PFView PDF
Data update history
June 3, 2023
Updated personnel
Identified 1 new personnel
May 20, 2023
Used new vendors
Identified 1 new vendor, including
May 14, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from Leandro P. Rizzuto Foundation
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 26, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 889
Waco, TX 76703
Metro area
Waco, TX
County
McLennan County, TX
Website URL
magnolia.com/ 
Phone
(254) 235-6111
IRS details
EIN
81-3494937
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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