Magnolia Foundation
EIN 813494937 Private FoundationTotal Given 2017–2023
$1.5M
48 grants · $220K avg/year
based on 7 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$10K
typical small grants · $2K–$25K
grant size
15%
balanced · 6/41 multi-year
repeat
$337
Assets (2024)
41
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Contact Person
Salvation Army Waco
Phone
(254) 315-5193
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2017 | $525K | $526K | $1.1M | 14 |
| 2018 | $812K | $52K | $366K | 15 |
| 2019 | N/A | $236K | $1.7M | N/A |
| 2022 | $149K | $69K | $20K | 17 |
| 2023 | $52K | $2K | $0 | 2 |
| 2024 | N/A | $337 | $0 | N/A |
Grant Size Distribution
Based on 48 grants on record
Minimum
$494
25th Pctl
$2K
Median
$10K
Average
$32K
75th Pctl
$25K
Maximum
$373K
Geographic Distribution
Texas Counties Served
75.0% of US grants
· Rank #1 of 10 states
$989K across
36 grants
6 of 254 counties
Top 6 counties
- 1 McLennan
- 2 Bell
- 3 Dallas
- 4 Smith
- 5 Tarrant
- 6 Comal
Officers & Directors
Grants Awarded (48 total)
| Purpose | ||||
|---|---|---|---|---|
| Restoration Gateway | Waco, TX | $373,000 | TO SUPPORT ORPHAN CARE INITIATIVES | 2018 |
| St JUDE Hospital | Memphis, TN | $255,193 | TO SUPPORT THE TEMPORARY HOUSING OF FAMILIES WITH CHILDREN BEING TREATED AT ST JUDE HOSPITAL. | 2017 |
| The COVE | Waco, TX | $120,000 | TO SUPPORT OPERATING COSTS ASSOCIATED WITH SERVING HOMELESS YOUTH | 2018 |
| Heart of Central Texas Independent Living | Belton, TX | $107,067 | SUPPORT HOUSING NEEDS OF THOSE THEY SERVE | 2018 |
| Paul Quinn College | Paterson, NJ | $60,000 | UNRESTRICTED DONATION | 2022 |
| National MPS Society | Durham, SC | $60,000 | TO ESTABLISH AN ENDOWMENT PURPOSED TO SUPPORT TRAVEL AND HOUSING COSTS OF FAMILIES AFFECTED BY MUCOPOLYSACCHARIDOSIS... | 2017 |
| Salvation Army Waco | Waco, TX | $50,000 | Unrestricted donation | 2023 |
| Restoration Gateway | Waco, TX | $50,000 | TO SUPPORT ORPHAN CARE INITIATIVES. | 2017 |
| St JUDE | Memphis, TN | $40,543 | TO SUPPORT THE TEMPORARY HOUSING OF FAMILIES WITH CHILDREN TREATED AT ST. JUDE | 2018 |
| Heart of Texas Independent Living Center | Belton, TX | $30,000 | TO SUPPORT THE HOUSING NEEDS OF THOSE SERVED BY THE ORGANIZATION. | 2017 |
| National MPS Society | Durham, NC | $26,610 | TO ESTABLISH ENDOWMENT PURPOSED TO SUPPORT TRAVEL AND HOUSING COSTS OF FACILITIES AFFECTED BY MPS | 2018 |
| Kindness for Kids | Nashville, TN | $25,000 | UNRESTRICTED DONATION | 2022 |
| Make A. Wish Foundation | Irving, TX | $25,000 | TO SUPPORT BACKYARD PROJECT FOR BENEFICIARY. | 2017 |
| Tim Tebow Foundation | Jacksonville, FL | $25,000 | TO SUPPORT THE TIM TEBOW FOUNDATION CELEBRITY GALA AND GOLF CLASSIC- TPC SAWGRASS | 2018 |
| Hope House | Oklahoma City, OK | $25,000 | TO SUPPORT HOUSING SOLUTIONS FOR THE HOMELESS | 2018 |
| Shepherd's Heart Food Pantry | Waco, TX | $25,000 | TO SUPPORT THE "TOYS FROM THE HEART EVENT" THAT OFFERS TOYS AND FEEDS 500 HOMELESS FACILITIES AND YOUTH IN WACO | 2018 |
| Waco Chamber of Commerce | Waco, TX | $20,000 | UNRESTRICTED DONATION | 2022 |
| The COVE | Waco, TX | $20,000 | TO ASSIST THE ORGANIZATION IN PROVIDING HOMELESS YOUTH A SAFE PLACE TO THRIVE. | 2017 |
| Life Remodeled | Detroit, MI | $20,000 | TO SUPPORT THE CREATION OF LIFE REMODELED'S PLAYBOOK FOR COMMUNITY DEVELOPMENT. | 2017 |
| Waco Firefighters Honor Guard | Waco, TX | $20,000 | TO SUPPORT THE HOUSING NEEDS OF DISABLED FIRST RESPONDERS. | 2017 |
| Compassion Ministries | Waco, TX | $15,000 | THE PURPOSE IS TO PROVIDE FAMILIES FACING HOMELESSNESS SERVICES AND SUPPORT IN CONJUNCTION WITH TRANSITIONAL HOUSING. | 2018 |
| Waco United | Hewit, TX | $15,000 | THE PURPOSE IS TO PROVIDE A CHARACTER BUILDING, COMMUNITY FOCUSED YOUTH SPORTS PROGRAM IN WACO | 2018 |
| Empowerment Driven by Knowledge | Waco, TX | $10,000 | UNRESTRICTED DONATION | 2022 |
| V Foundation | CARY, NC | $10,000 | UNRESTRICTED DONATION | 2022 |
| Cook Children's Foundation | FT Worth, TX | $10,000 | TO SUPPORT THE HEALTH NEEDS OF THE PATIENTS SERVED. | 2017 |
Looking for more funders like Magnolia Foundation? Open the free Texas funder database and search 178,000+ foundations by state, type, and giving size.
Want to compare open opportunities instead? Open the free Texas grant database for active grants from federal, state, foundation, and corporate funders.