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· Private foundation

Magnifi Financial Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$30k
Granted FY2024still arriving
5
Grants FY2024still arriving
2
States reached
$10k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Recreation & Sports$44kEducation$23kPublic Benefit$22kYouth Development$13kHuman Services$12kCrime & Legal$10kHousing & Shelter$8kHealth$8kOther$0
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k3 grants · $10k
  • $10k–50k2 grants · $20k
$5,000
Median grant
2
States reached
$797k
Total assets
Largest grants
RecipientAmount
FARGO PARK DISTRICT FOUNDATION$10,000
Individual grant recipient$10,000
CITY OF WADENA$5,000
CITY OF ALBANY$2,500
THE MELROSE AREA COMMUNITY YOUTH CE$2,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–20, $11k) land where the poverty rate runs at 11%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%EMPOWERING KIDS PERHAM: $3k → 9%MOTHER OF MERCY FOUNDATION: $9k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Mercy House Minneapolis
Human Services
2
Protect Minnesota

Protect Minnesota promotes a culture of health and safety for all Minnesotans by preventing gun violence through research education advocacy and community investment. We emphasize prevention using a public health model and we seek to build…

Education
3
Minnesota Police and Peace Officers Association Legal Defense Fund

Legal representation on behalf of participants in any civil or criminal action brought against him or her arising from any act or omission of the participant within the scope of his or her employment. legal representation in any minnesota…

—
4
Citizens for a Safer Minnesota

Primary Exempt Purpose- Protect Minnesota Advocacy fund supports the mission of Protect Minnesota to prevent gun violence through legislative actions community education and fudn development.

—
5
Advocates for Family Peace

To improve lives by ending domestic violence.

Human Services
6
Police Officers Federation of Minneapolis

Always with the goal of working toward a safer, more livable city, our mission is to improve working conditions for our members - police officers who work in minneapolis - and to make certain their rights are protected.

—
7
Childs Place

The mission of Childs Place is to listen to children in a safe developmentally sensitive and legally sound manner; to unite professionals in a coordinated response to child abuse; to guide children and families toward healing through…

Human Services
8
Friends Against Abuse

Friends against abuse is committed to ending abuse.

—
9
Mother of Mercy

It is our mission as professionals to provide the best quality of life for those entrusted to us. we are a community of concerned professionals working together to provide the best quality of life for those entrusted to us. we accomplish…

—
10
MinnPost

MinnPost produces independent journalism to serve as a trusted guide for Minnesotans exploring the critical issues, challenges and opportunities facing our state.

Arts & Culture
11
Violence Free Minnesota

To represent victim/survivors of relationship abuse and member programs; challenge systems and institutions; promote social change; and support, educate, and connect member programs.

—
12
Catholic Charities North Dakota

Guided by our values, Catholic Charities North Dakota serves people in need and advocates for the common good of all.

—
How this is measured
The grantee most central to the portfolio’s shape is Hands of Hope Resource Center Inc; the most unlike its peers is Nicholas P Koenig Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

11 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 11 of the 40 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
11/11
Grantees still filing
6/11
Grew since first funded

Where the money sits, by cause and then by grantee

RICHMOND LIONS CLUB: $10,000 · OtherRICHMOND LIONS CLUBAVON CAPS COMMITTEE AVON PARENTSSTA: $10,000 · OtherAVON CAPS COMMITTEE AVON PARENTSSTAIndividual grant recipient: $10,000 · OtherIndividual grant recipientIndividual grant recipient: $7,000 · OtherIndividual grant recipientWATERS CHURCH: $7,000 · OtherWATERS CHURCHCITY OF MELROSE: $7,000 · OtherCITY OF MELROSEWADENA DEER CREEK PUBLIC SCHOOLS: $6,000 · OtherWADENA DEER CREEK PUBLIC SCHOOLSALBANY AREA SCHOOL: $5,125 · OtherBOYS GIRLS CLUBS OF CENTRAL MN: $5,000 · OtherPATHWAYS 4 YOUTH: $5,000 · OtherSOMEPLACE SAFE: $5,000 · OtherBELGRADE-BROOTEN-ELROSA PUBLIC SCHO: $5,000 · OtherCITY OF WADENA: $5,000 · Other+19 more: $22,000 · Other+19 moreMOTHER OF MERCY FOUNDATION: $8,500 · Human ServicesEmpowering Kids Perham: $2,500 · Human ServicesANNA MARIE'S ALLIANCE: $500 · Human ServicesFargo Park District Foundation: $10,000 · Recreation & SportsEAGLES HEALING NEST: $7,000 · Public BenefitNICHOLAS P KOENIG FOUNDATION: $5,000 · HealthHANDS OF HOPE RESOURCE CENTER INC: $5,000 · Civil RightsKINSHIP OF THE PERHAM AREA: $2,500 · Youth Development
Other$109,125Human Services$11,500Recreation & Sports$10,000Public Benefit$7,000Health$5,000Civil Rights$5,000Youth Development$2,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0Mgrantee revenue →↑ funder's share of their budgetRICHMOND LIONS CLUB: $10,000 over 1y, 11% of budgetFargo Park District Foundation: $10,000 over 1y, 0.8% of budgetMOTHER OF MERCY FOUNDATION: $8,500 over 1y, 4.4% of budgetEAGLES HEALING NEST: $7,000 over 1y, 0.6% of budgetSOMEPLACE SAFE: $5,000 over 1y, 0.2% of budgetNICHOLAS P KOENIG FOUNDATION: $5,000 over 1y, 7.6% of budgetHANDS OF HOPE RESOURCE CENTER INC: $5,000 over 1y, 1.0% of budgetKINSHIP OF THE PERHAM AREA: $2,500 over 1y, 5.3% of budgetEmpowering Kids Perham: $2,500 over 1y, 0.7% of budgetANNA MARIE'S ALLIANCE: $500 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds RICHMOND LIONS CLUB ↗
  • Who funds Fargo Park District Foundation ↗
  • Who funds MOTHER OF MERCY FOUNDATION ↗
  • Who funds EAGLES HEALING NEST ↗
  • Who funds SOMEPLACE SAFE ↗
  • Who funds NICHOLAS P KOENIG FOUNDATION ↗
  • Who funds HANDS OF HOPE RESOURCE CENTER INC ↗
  • Who funds KINSHIP OF THE PERHAM AREA ↗
  • Who funds Empowering Kids Perham ↗
  • Who funds ALBANY FIRE DEPARTMENT ↗
  • Who funds ANNA MARIE'S ALLIANCE ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

CommunitygivingMN19.5× affinity7 shared granteesties to 4 of 4Hover any node to trace its alignments.Compare side by side →

Open a dossier: Communitygiving · Otto Bremer Trust · West Central Initiative · Initiative Foundation · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Magnifi Financial Foundation funds: left to right is the share of its income from government, bottom to top the share from Magnifi Financial Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%4%8%15%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    04Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Magnifi Financial Foundation?

    Find your warmest path to Magnifi Financial Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 40 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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