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Filing year 2024

Magdovitz Family Foundation

Memphis, Tennessee·EIN 51-0164695·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$19k
Total assets
$1M
Total expenses
$80k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. Magdovitz Family Foundation reported 2 unpaid officers and board members on its 990-PF.

Pres-treas
V/p-secty

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$73k

Itemized grants

8

Median grant

$569

RecipientLocationPurposeAmount
Memphis Jewish FederationGermantown, TNGeneral Fund$31k
Chabad of TNMemphis, TNGeneral Fund$26k
Jewish Foundation MemphisGermantown, TNGeneral Fund$15k
Jewish Federation of Lee & Charlotte CountyFort Meyers, FLGeneral Fund$1k
B'nai BrithWashington, DCGeneral Fund$138
Chabad of South FloridaFort Myers, FLGeneral Fund$0
Protect Our AquiferMemphis, TNGeneral Fund$0
Washington & Lee UnviersityLexington, VAGeneral Fund$0
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Magdovitz Family Foundation reported revenue and expenses across 3 filing years.

RevenueExpenses
$14k
$73k
2021
$11k
$171k
2023
$19k
$80k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Tennessee

Magdovitz Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Tennessee earns a median of $35,455.

25th percentile
$11k
Median
$35,455
75th percentile
$87k
90th percentile
$212k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 340 organizations across 340 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Tennessee
FAQ

Common questions about Magdovitz Family Foundation

What are Magdovitz Family Foundation's revenue and expenses?

In 2024, Magdovitz Family Foundation reported $19k in total revenue and $80k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.