Magnolia Foundation
Invitation OnlyRio Grande, Puerto Rico · EIN 32-6567162 · Private foundation
Grants paid (2024)$41K
Organizations funded7
Typical grant$1,635
Total assets$508K
Half of its grants to organizations were between $1,000 and $4,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Puerto Rico.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Pennsylvania | Philadelphia, PA | General support | $30,000 |
| Fundacion Forjadores de Esperanza | Canovanas, RQ | General support | $4,000 |
| Nature Conservancy | Arlington, VA | General support | $2,266 |
| Grace & Hope Ministries | Baltimore, MD | General support | $1,635 |
| Cool Effect Inc | Greenbrae, CA | General support | $1,400 |
| Hope and Deliverance Ministries | Saint Augustine, FL | Thanksgiving food bank | $1,000 |
| Jdrf International | New York, NY | General support | $500 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $40,801 | 7 |
| 2023 | $40,569 | 11 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 5, 2025 - IRS e-file batch, object ID 202543099349100404
- IRS Tax Exempt Organization Search for EIN 32-6567162
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.