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Filing year 2022

MAGNOLIA EDUCATION FOUNDATION

Magnolia, Texas·EIN 76-0699381·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$242k
Total assets
$157k
Total expenses
$173k
Reported officers
3
Mission

NON PROFIT MISSION STATEMENT IS DIRECTED TO THE RAISING OF FUNDS WITH THE PROCEEDS USED FOR EDUCATIONAL PURPOSES RELATED TO THE SCHOOL DISTRICT. THE LIBRARY AND THE TEACHERS WHOM WORK AT THE SCHOOL PROCEEDS SUPPLY BOOKS, TEACHER SUPLY REIMBURSEMENTS AND PLAY GROUND EQUIPMENT FOR THE SCHOOL. ALL OF THESE PROGRAMS ARE MANAGED BY PARENTS WHOM OFFER THEIR TIME AT NO CHARGE.

Reported officers (all unpaid)

No paid executives reported in 2022. MAGNOLIA EDUCATION FOUNDATION reported 3 unpaid officers and board members on its 990.

Vice Preside
President
Treasurer

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

MAGNOLIA EDUCATION FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

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

Common questions about MAGNOLIA EDUCATION FOUNDATION

What are MAGNOLIA EDUCATION FOUNDATION's revenue and expenses?

In 2022, MAGNOLIA EDUCATION FOUNDATION reported $242k in total revenue and $173k in total expenses on its IRS Form 990.

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