Private Foundation

MAGNOLIA FOUNDATION

Based in WACO, TX, MAGNOLIA FOUNDATION operates as a Private Foundation. The organization reported $2K in expenses, $337 in total assets for fiscal year 2024. Imperigo tracks 82 reported grants from this foundation totaling approximately $3.1M.

EIN: 813494937 WACO, TX Latest filing: 2024

Total Expenses$2K

Total Assets$337

Grants Given82

Grant Total$3.1M

Filing Years2018–2024

Sample Grants Given

Salvation Army Waco

Waco, TX · 2023

Unrestricted donation

$50,000

Waco Goodfellas Inc

Waco, TX · 2023

Unrestricted Donation

$2,500

PAUL QUINN COLLEGE

PATERSON, NJ · 2022

UNRESTRICTED DONATION

$60,000

KINDNESS FOR KIDS

NASHVILLE, TN · 2022

UNRESTRICTED DONATION

$25,000

WACO CHAMBER OF COMMERCE

WACO, TX · 2022

UNRESTRICTED DONATION

$20,000

Showing up to 5 of 82 total records — full history available with membership.

Officers & Directors

Director Chip Carter Gaines

President Jerry Stevens

Director Joanna Stevens Gaines

Officer compensation and complete director data available with membership.

Top Grant Purposes

YEAR END DONATION

$1,153,634 4 grants

TO SUPPORT ORPHAN CARE INITIATIVES

$373,000 1 grant

UNRESTRICTED DONATION

$259,044 29 grants

TO SUPPORT THE TEMPORARY HOUSING OF FAMILIES WITH CHILDREN BEING TREATED AT ST JUDE HOSPITAL.

$255,193 1 grant

QUARTERLY DONATION TO SUPPORT ORPHAN CARE INITIATIVES

$160,527 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	—	$2K	$337
2023	—	$67K	$2K
2022	$20K	$168K	$69K
2019	$1.7M	$1.6M	$236K
2018	$366K	$846K	$52K

Between 2018 and 2022, reported annual revenue declined from $366K to $20K (-94%), with total assets most recently reported at $337.

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

Grant Geography

Grants from this foundation were reported to recipients in FL, ID, KS, MA, MI, MN, and 4 other states.

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

See the full picture for MAGNOLIA FOUNDATION

Complete financials, all 82 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports