Magellanic Foundation FY2021 filing

Sarasota, FLPrivate foundation / grantmaker EIN 27-1026802Revenue $104K in FY2021Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSSarasota, FL

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990-PF
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $3K a year · 5% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
990-PF Pt I · 3 filings
24.0 mo
of spending, in cash
24.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$104K
+208% vs prior year
Spent
$44K
Net assets
$844K
By yearFY2020–FY2022
Revenue
$104K
FY2021▲ +208%
Tap a bar for its year
Revenue by fiscal year
FY2020$34K
FY2021$104K
FY2022$33K
Expenses
$44K
FY2021▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$41K
FY2021$44K
FY2022$93K
Net assets
$844K
FY2021▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$785K
FY2021$844K
FY2022$0

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Exemption reinstated (2012-05-15). Per the IRS revocation list. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 97% · $43K Operating & administrative 3% · $1K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Programs and updates

A private foundation based in Sarasota, FL.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 13 grants · $88K · 2022–2022
Clowns Without Borders INCNY · FY2022$50,000
Individual RecipientFY2022$12,597
Kampong Tralach Green SchoolFY2022$5,000
New York Botanical GardenNY · FY2022$5,000
Galapagos Conservancy INCDC · FY2022$5,000
Individual RecipientFY2022$2,000
Individual RecipientFY2022$1,003
Individual RecipientFY2022$1,000
American Cancer SocietyFY2022$500
The Tidwell FoundationFY2022$500
Kolot Chayeinu - Voices of Our LivesFY2022$500
Jewish Families & Children's Service of MinneapolisFY2022$100

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$7K
Median grantPart XV$2K
Largest grantPart XV$50K
Top cause focusNTEEMedical Research (8%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$104K
Investment income$104K
Money out
$44K
Grants paid$43K
Running costs$1K
Owns and owes
$844K
net assets
Cash and savings$88K
Total assets$844K
Liabilities$0
2In more detail
Revenue in detail
Investment income$104K
Total revenue$104K
Assets in detailEnd of year
Cash and savings together$88K
Total assets$844K
Liabilities$0
Net assets$844K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS May 15, 2023 $33K$93K−$60K$0 990 PDF
FY2021 ViewingFiled with the IRS May 13, 2022 $104K$44K$60K$844K 990 PDF
FY2020Filed with the IRS May 10, 2021 $34K$41K−$8K$785K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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