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Texas · Private foundation

Magnolia Foundation

$53k
Granted FY2023
2
Grants FY2023
2
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Median grant, FY2023
$50,000
Largest grant, FY2023
$50,000
Organizations funded a year
2 to 24
FY2017 to FY2023
States reached, FY2023
1
Total assets, FY2023
$337

How open it is to new grantees

In FY2023, 50% of the organizations Magnolia Foundation funded were first-time grantees, receiving 95% of its grant dollars.

New vs renewed · share of each year

In FY2023, 5% of grant dollars renewed an existing relationship; $50k went to new ones.

50%100%’18’19’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’21’22’23
Community ImprovementHuman ServicesYouth DevelopmentReligionEducationArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20232$53k50%
FY202217$149k71%
FY202112$462k58%
FY201924$1.5M67%
FY201815$812k80%
FY201714$525kn/a
95% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.

Housing & Shelter$923kReligion$647kInternational$584kCommunity Improvement$174kFood & Nutrition$143kHealth$114kEducation$104kHuman Services$86kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

ID
MN
MI
NY
MA
NJ
KS
TN
NC
SC
OK
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Restoration Development Foundation Inc$583,527324%
Feeding Texas$105,00010%
Waco Chamber of Commerce$100,00051%
Texas Baptist Men Inc$75,0001n/a
Tim Tebow Foundation Inc$65,00020%
Covenant House$64,81710%
Mission Waco Mission World Inc$40,00011%
Good Sports Inc$35,00010%
Casa of McLennan County$30,00014%
Compassion Ministries of Waco$28,80023%
Show all 35 grantees

What it could do for these grantees

Plus 27 recipients with no EIN on record ($2.2M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Magnolia Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetRestoration Development Foundation Inc: $583,527 over 3y, 24% of budgetFeeding Texas: $105,000 over 1y, 0.3% of budgetWaco Chamber of Commerce: $100,000 over 5y, 1.0% of budgetTim Tebow Foundation Inc: $65,000 over 2y, 0.5% of budgetCovenant House: $64,817 over 1y, 0.1% of budgetMission Waco Mission World Inc: $40,000 over 1y, 0.9% of budgetGood Sports Inc: $35,000 over 1y, 0.3% of budgetCasa of McLennan County: $30,000 over 1y, 4.1% of budgetCompassion Ministries of Waco: $28,800 over 2y, 2.7% of budgetNational Mps Society Inc: $26,610 over 1y, 1.5% of budgetKyle Lake Foundation: $17,500 over 4y, 5.4% of budgetBoss Club Foundation: $15,000 over 1y, 12% of budgetThe V Foundation: $10,000 over 1y, 0.0% of budgetSunshine Recovery House: $10,000 over 1y, 3.9% of budgetAdvocacy Center for Crime Victims and Children: $10,000 over 2y, 0.3% of budgetBaylor University: $9,500 over 2y, 0.0% of budgetLive Oak Classical School: $8,000 over 1y, 0.2% of budgetCreative Waco: $5,000 over 1y, 0.4% of budgetGb Lindsey Family Charitable Fund: $5,000 over 2y, 13% of budgetDr Pepper Museum and Free Enterprise Institute: $5,000 over 1y, 0.4% of budgetWaco Goodfellas Inc: $5,000 over 2y, 1.0% of budgetCen-Tex African American Chamber of Commerce Inc: $4,000 over 1y, 2.6% of budgetFuzzy Friends Rescue: $4,000 over 2y, 0.1% of budgetSleep in Heavenly Peace Inc: $2,500 over 1y, 0.0% of budgetTexas Museums & Halls of Fame Foundation: $2,500 over 1y, 0.5% of budgetCmtm-Children Matter the Most - Family Life Center: $2,500 over 1y, 1.5% of budgetUnbound Now: $2,500 over 1y, 0.1% of budgetFaithbuilders Inc: $1,000 over 1y, 0.6% of budgetWaco Community Development Corporation Dba Grassroots Community Development: $1,000 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 29.

Nonprofits that may fit its grantmaking

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.

Cooper FoundationTX26.3× affinity10 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Cooper Foundation · Baylor University · Waco Foundation · Clifton Foundation · Bernard & Audre Rapoport Foundation · Ascension Providence · Christian Mission Concerns · Margaret Cb & S Spencer N Brown Foundation Inc · The Fentress Foundation · United Way of Waco-McLennan County · Once Upon a Time Foundation · Paul & Jane Meyer Family 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.

Compare Magnolia Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Magnolia Foundation?

Find your warmest path to Magnolia 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.

About Magnolia Foundation

How much does Magnolia Foundation give?
Magnolia Foundation reported 2 grants totaling $52,500 in its FY2023 IRS filing. It funded between 2 and 24 organizations a year over FY2017 to FY2023.
What does Magnolia Foundation fund?
By grant dollars over FY2017 to FY2023, its largest causes are Housing & Shelter (26%), Religion (18%), International (16%).
Who are Magnolia Foundation's largest grantees?
By total granted over FY2017 to FY2023: Restoration Development Foundation Inc ($584k), Feeding Texas ($105k), Waco Chamber of Commerce ($100k).
Does Magnolia Foundation fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Magnolia Foundation?
Its strongest co-funders, measured against what their size predicts, include Cooper Foundation, Baylor University, Waco Foundation.
Where is Magnolia Foundation based?
Magnolia Foundation is based in TX.

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 63 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 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record but names no grant recipient in the published copy, so the figures above are from FY2023, the most recent year this funder’s grantee list reached the public record.

Source object · view filing

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