Private Foundation

SALVATION ARMY MAGNESS TRUST FUND

SALVATION ARMY MAGNESS TRUST FUND is a private foundation categorized as Private Foundation based in FRANKLIN, TN. Its most recent IRS filing (2024) reports revenue of $86K, expenses of $131K, total assets of $1.5M. Imperigo tracks 5 reported grants from this foundation totaling approximately $469K.

EIN: 626033090 FRANKLIN, TN Latest filing: 2024
Total Revenue$86K
Total Expenses$131K
Total Assets$1.5M
Grants Given5
Grant Total$469K
Filing Years2020–2024

Sample Grants Given

Salvation Army
Norcross, GA · 2024
General support
$98,173
Salvation Army
Norcross, GA · 2023
General support
$95,640
Salvation Army
Norcross, GA · 2022
general support of operations
$90,503
Salvation Army
Norcross, GA · 2021
General support of ongoing activities
$95,254
Salvation Army
Norcross, GA · 2020
General
$89,382

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

Trustee Claiborne K Mclemore Iii
Trustee Ernest Smallman Iii

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support
$193,813 2 grants
General support of ongoing activities
$95,254 1 grant
general support of operations
$90,503 1 grant
General
$89,382 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $86K $131K $1.5M
2023 $47K $126K $1.6M
2022 $36K $118K $1.6M
2021 $169K $124K $1.7M
2020 $60K $120K $1.7M

Between 2020 and 2024, reported annual revenue grew from $60K to $86K (+43%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in GA.

GA

Full geographic grant map with state-by-state breakdown available with membership.

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