Illinois · Nonprofit
Magnetar Capital Foundation
Magnetar Capital Foundation (Illinois) receives grants from 2 organizations whose IRS filings report $28,250 to it, the largest being SCOTT A NATHAN CHARITABLE TR ($25,000). 1 of them have funded it in more than one year.
Against its field
Magnetar Capital Foundation's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 21,826 education nonprofits under $100k, FY2024
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Sandler Foundationshared funders
- Prime Coalition Incportfolio match
- Craig and Connie Thatcher Foundationportfolio match
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Who funds it, year by year
2017 → 2020: the base held at 1 funder, grant income rose $1k → $25k.
From the IRS filings of Magnetar Capital Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Magnetar Capital Foundation leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2020 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
Magnetar Capital Foundation draws 100% of its grant income from funders outside Illinois, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
- Sandler Foundationshared fundersCA · backs 6 organizations that share your funders
- Prime Coalition Incportfolio matchits grantees resemble your mission
- Craig and Connie Thatcher Foundationportfolio matchits grantees resemble your mission
- Elton Family Foundationportfolio matchits grantees resemble your mission
- Michael Antonov Charitable Foundation Incportfolio matchits grantees resemble your mission
- Bethel Woods Center for the Arts Incportfolio matchits grantees resemble your mission
- OK Foundationportfolio matchits grantees resemble your mission
- Point Break Foundationportfolio matchits grantees resemble your mission
- Traders4acauseportfolio matchits grantees resemble your mission
- Osullivan Foundation Trust Dtd 122299portfolio matchits grantees resemble your mission
- The Elsa Miller Foundation Incportfolio matchits grantees resemble your mission
- Gracias Family Foundationportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like Magnetar Capital Foundation
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for Magnetar Capital Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Magnetar Capital Foundation?
- Magnetar Capital Foundation (Illinois) receives grants from 2 organizations whose IRS filings report $28,250 to it, the largest being SCOTT A NATHAN CHARITABLE TR ($25,000). 1 of them have funded it in more than one year.
- How many funders does Magnetar Capital Foundation have?
- IRS filings report 2 organizations giving $28,250 in grants to Magnetar Capital Foundation, 1 of which have funded it in more than one year.
- Who is the largest funder of Magnetar Capital Foundation?
- SCOTT A NATHAN CHARITABLE TR is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like Magnetar Capital Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing