The Magnolia Foundation Inc

Organization Overview

The Magnolia Foundation Inc is located in Jacksonville, FL. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Magnolia Foundation Inc generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.1%) each year. All expenses for the organization totaled $68.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Magnolia Foundation Inc has awarded 44 individual grants totaling $277,525. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,638
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,638

Grants Awarded

Over the last fiscal year, The Magnolia Foundation Inc has awarded $66,475 in support to 15 organizations.

Grant RecipientAmount

THE JIM AND TABITHA FURYK FOUNDATION INC

Org PageRecipient Profile

Ponte Vedra Beach, FL

PURPOSE: CHARITABLE CONTRIBUTION

$14,875

JACKSONVILLE SYMPHONY ORCHESTRA

PURPOSE: CHARITABLE CONTRIBUTION

$12,500

CATHEDRAL ARTS PROJECT INC

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: CHARITABLE CONTRIBUTION

$10,000

FLAGLER COLLEGE

PURPOSE: CHARITABLE CONTRIBUTION

$10,000

FLORIDA THEATRE

PURPOSE: CHARITABLE CONTRIBUTION

$9,000

THE COMMUNITY FOUNDATION

PURPOSE: CHARITABLE CONTRIBUTION

$3,000
View Grant Profile

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