The Magnon Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Magnon Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 20-3290595

Foundation Overview

Based in Wilmington, DE, The Magnon Foundation has awarded 28 grants totaling $1,555,575 to organizations in California, Massachusetts and 2 other states across the US. Individual grants range from $1,000 to $210,000, with a median award of $10,000.

Latest Tax Year
2024
Total Giving (all years)
$1,555,575
Total Assets
$5,281,947
Median Grant (all grants)
$10,000

Latest Form 990-PF Snapshot

Total Grants
5
Median Grant
$8,226
% Median Grant Decline
-18% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Balanced Approach: 40%

2 of 5 recipients (40%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
California

61% of grants are awarded in California, with additional funding distributed across 3 other locations. The foundation balances regional focus with broader geographic diversity. Within California, funding concentrates in Santa Ana (41%), Riverside (41%), Palm Springs (18%).

Funding Trajectory
+17%

Stable funding levels with 17% change over 6 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Magnon Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Big Brothers Big Sisters Of Orange County And The $8,226 Santa Ana, CA, US General & Unrestricted (See In-kind Grant General Explanation Attachment) 2024
Fidelity Investments Charitable Gift Fund $135,000 Cincinnati, OH, US Magnon Foundation Donor Advisor Fund 2024
Martin Luther King Jr High $5,000 Riverside, CA, US Mlk Jr High Pep Squad 2024
Palm Springs International Film Society $10,000 Palm Springs, CA, US Charitable Event 2024
Riverside Community College District Foundation $1,000 Riverside, CA, US Marching Tigers 2024
Fidelity Investments Charitable Gift Fund $196,100 Cincinnati, OH, US Magnon Foundation Donor Advisor Fund 2023
Palm Springs International Film Society $10,000 Palm Springs, CA, US Charitable Event 2023
Big Brothers Big Sisters Of Orange County And The $7,837 Santa Ana, CA, US 2023 Season Tickets For Los Angeles Angels (In-kind Grant - See General Explanation) 2023
Big Brothers Big Sisters Of Orange County And The $7,498 Santa Ana, CA, US 2022 Partial Season Tickets For Los Angeles Angels (See General Explanation) 2022
Fidelity Investments Charitable Gift Fund $182,000 Boston, MA, US Magnon Foundation 2022
National Philanthropic Trust $10,000 Jenkintown, PA, US Optimus Fund For Ukraine 2022
Riverside Medical Clinic Charitable Foundation $5,000 Riverside, CA, US General & Unrestricted 2022
Big Brothers Big Sisters Of Orange County And The $7,498 Santa Ana, CA, US 2022 Partial Season Tickets For Los Angeles Angels (See General Explanation) 2022
Fidelity Investments Charitable Gift Fund $182,000 Boston, MA, US Magnon Foundation 2022
National Philanthropic Trust $10,000 Jenkintown, PA, US Optimus Fund For Ukraine 2022
Riverside Medical Clinic Charitable Foundation $5,000 Riverside, CA, US General & Unrestricted 2022
Big Brothers Big Sisters Of Orange County And The $7,498 Santa Ana, CA, US 2022 Partial Season Tickets For Los Angeles Angels (See General Explanation) 2022
Fidelity Investments Charitable Gift Fund $182,000 Boston, MA, US Magnon Foundation 2022
National Philanthropic Trust $10,000 Jenkintown, PA, US Optimus Fund For Ukraine 2022
Riverside Medical Clinic Charitable Foundation $5,000 Riverside, CA, US General & Unrestricted 2022
Big Brothers Big Sisters Of Orange County And The $7,590 Santa Ana, CA, US General & Unrestricted (see General Explanation) 2021
Fidelity Investments Charitable Gift Fund $210,000 Boston, MA, US Magnon Foundation 2021
Palm Springs International Film Society $10,000 Palm Springs, CA, US Charitable Event 2021
Fidelity Investments Charitable Gift Fund $204,828 Boston, MA, US Magnon Foundation 2020
Big Brothers Big Sisters Of Orange County And The $2,500 Santa Ana, CA, US Riverside Bowl For Kids' Sake 7-10 Split Sponsorship Program 2018
Fidelity Investments Charitable Gift Fund $104,000 Boston, MA, US Magnon Foundation 2018
Riverside County Philharmonic Association Inc $25,000 Riverside, CA, US Charitable Event 2018
Walters Childrens Charities Classic $5,000 Riverside, CA, US General & Unrestricted 2018

Foundations Similar to The Magnon Foundation

Discover 5 foundations with comparable assets ($5,231,211-$5,330,931), similar grant patterns, and geographic focus in DE that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 92-0307218 | 18 grants awarded
$5,265,939
(≈ Similar)
$18,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 93-2246261 | 4 grants awarded
$5,256,794
(≈ Similar)
$15,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 46-5138494 | 179 grants awarded
$5,330,243
(≈ Similar)
$7,500
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 45-3637286 | 161 grants awarded
$5,330,931
(≈ Similar)
$5,000
median grant
Wilmington, DE
Same state
100%
Excellent match

EIN: 94-3346287 | 273 grants awarded
$5,231,211
(≈ Similar)
$8,600
median grant
Wilmington, DE
Same state
100%
Excellent match

Contact Information

Official contact details for The Magnon Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 20-3290595
Website N/A
Address FOUNDATION SOURCE 501 SILVERSIDE RD Wilmington, DE 19809-0000

Key People (6)

Board members, trustees, and key staff who oversee The Magnon Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Dir, Treas Deanna Magnon
Dir, Pres David C Stapley
Dir, Sec Dennis Wagner
Dir, Vp Philip Yanni
Dir, Vp Jillian Yocum

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Magnon Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.