MAGNETAR CAPITAL FOUNDATION
https://WWW.MAGNETARACADEMY.ORGTotal Given 2020–2023
$3.6M
137 grants · $903K avg/year
based on 4 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$300
typical micro grants · $150–$1K
grant size
15%
balanced · 16/108 multi-year
repeat
$426K
Assets · 2021
108
Distinct recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
8479054400
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $32K | $1.6M | N/A |
| 2020 | $1.0M | $333K | $1.8M | 34 |
| 2021 | $1.2M | $426K | $1.7M | 49 |
| 2022 | $1.4M | $44K | $1.3M | 52 |
| 2023 | $3K | $27K | $2K | 2 |
| 2024 | N/A | $22K | $30K | N/A |
Grant Size Distribution
Based on 137 grants on record
Minimum
$25
25th Pctl
$150
Median
$300
Average
$26K
75th Pctl
$1K
Maximum
$1.1M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| DAVID SNYDERMAN | DIRECTOR | — |
| NAOMI Gunasekaran | TREASURER | — |
| ERNEST ROGERS | DIRECTOR | — |
| BARBARA BERNSTEIN | SECRETARY | — |
| ROSS LASER | DIRECTOR | — |
| Ernest R Rogers IV | Director | — |
| ALEC N LITOWITZ | PRESIDENT, DIRECTOR (thru 10/24/22) | — |
| BEN PAULL | TREASURER | — |
Grants Awarded (137 total)
| Purpose | ||||
|---|---|---|---|---|
| University of Chicago | CHICAGO, IL | $1,125,839 | COLLABORATION GRANTS - UNIVERSITY OF CHICAGO | 2021 |
| university of chicago | chicago, IL | $1,000,000 | collaboration grants - university of chicago | 2020 |
| University of Chicago | Chicago, IL | $1,000,000 | COLLABORATION GRANTS - UNIVERSITY OF CHICAGO | 2022 |
| Financial Literacy and Education Foundation Inc | Winnetka, IL | $330,921 | General Support | 2022 |
| Chicago Sky Cares | Chicago, IL | $20,000 | Charity Donation - General Support | 2022 |
| Project Sunshine Inc | New York, NY | $15,000 | Charity Donation - General Support | 2022 |
| Evanston Community Foundation | Evanston, IL | $15,000 | Charity Donation - General Support | 2020 |
| Cook County Health Foundation | Evanston, IL | $10,000 | Charity donation - General Support | 2021 |
| Bedford Stuvvesant Restoration Corp | Brooklyn, NY | $9,850 | Charity Donation - General Support | 2020 |
| Brady Center to Prevent Gun Violence | Washington, DC | $5,000 | Donations - General Support | 2022 |
| Youth & Opportunity United Inc | Evanston, IL | $5,000 | Charity Donation - General Support | 2022 |
| Youth & Opportunity United Inc | Evanston, IL | $5,000 | Charity Donation - General Support | 2020 |
| My Block My Hood My City | Chicago, IL | $3,525 | Charity Donation - General Support | 2020 |
| Evanston Chamber of Commerce | Evanston, IL | $3,000 | Charity Donation - General Support | 2022 |
| Philanthropic Ventures Foundation | Oakland, CA | $2,500 | Charity donation - General Support | 2021 |
| Evanston Scholars | Evanston, IL | $2,500 | Charity Donation - General Support | 2020 |
| Evanston Scholars | Evanston, IL | $2,500 | Charity donation - General Support | 2021 |
| Youth & Opportunity United Inc | Evanston, IL | $2,500 | general operating support | 2023 |
| The Honeycomb Project LLC | Chicago, IL | $2,500 | Charity Donation - General Support | 2021 |
| Evanston Scholars | Evanston, IL | $2,500 | Charity Donation - General Support | 2022 |
| The Association Frontotemporal Degeneration | King of Prussia, PA | $2,000 | Charity donation - General Support | 2021 |
| The Association Frontotemporal Degeneration | King of Prussia, PA | $2,000 | Charity Donation - General Support | 2022 |
| World Central Kitchen | Washington, DC | $1,353 | Matching Gifts - General Support | 2022 |
| St Jude Children's Hospital | New York, NY | $1,330 | Charity Donation - General Support | 2022 |
| Greater Chicago Food Depository | Chicago, IL | $1,300 | Matching Gifts - General Support | 2022 |