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Minnesota · Nonprofit

MAGNUS VETERANS FOUNDATION

MAGNUS VETERANS FOUNDATION (Minnesota) receives grants from 32 organizations whose IRS filings report $683,224 to it, the largest being MINNESOTA VETERANS 4 VETERANS TRUST DEAN R ASHEMAN ET AL TRUSTEE ($110,000). 16 of them have funded it in more than one year.

$947k
Revenue FY2024
32
Funders on record
$683k
Grants received
$4.1M
Net assets
16/32 repeat funderspeak grant-dependency 23%

Against its field

MAGNUS VETERANS FOUNDATION has grown faster than three-quarters of the 13,726 health nonprofits its size.

Operating margin−4% · below the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)72% · top quartile

this organization peer median middle 50% of peers· 13,726 health nonprofits $100k–$1M, 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.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20192019 Revenue 100 ($63k) Expenses 100 ($42k) Net assets 100 ($21k)2020 Revenue 6328 ($4.0M) Expenses 231 ($98k) Net assets 19041 ($3.9M)2021 Revenue 925 ($582k) Expenses 1264 ($537k) Net assets 19264 ($4.0M)2022 Revenue 965 ($608k) Expenses 1584 ($673k) Net assets 18947 ($3.9M)2023 Revenue 1551 ($977k) Expenses 1784 ($757k) Net assets 19934 ($4.1M)2024 Revenue 1503 ($947k) Expenses 2323 ($986k) Net assets 19742 ($4.1M)
201920202021202220232024
Revenue (1503)Expenses (2323)Net assets (19742)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

100% of MAGNUS VETERANS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).

This organization
Typical peer · 14,844 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$21k
19
$3.9M
20
$46k
21
$65k
22
$219k
23
$39k
24
3.2
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 3 funders to 16 funders, grant income rose $12k → $150k.

4 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF)9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MAGNUS VETERANS FOUNDATION’s funders (the co-funder graph). Top 30 of 32 funders by total. 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

MAGNUS VETERANS FOUNDATION has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MAGNUS VETERANS FOUNDATION.

16%
largest funder
42%
top three
~13
effective funders

Largest funder’s share by year: 2020 78% · 2021 44% · 2022 42% · 2023 33%diversifying over time.

“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.

How long its funders stay

45% of MAGNUS VETERANS FOUNDATION's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

90% of MAGNUS VETERANS FOUNDATION's grant income comes from Minnesota funders.

MN
MA
IA
TX
FL

In-state vs out-of-state, by year

20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. $63k arriving through sponsors registered in 4 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

03Its place in the field

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. Your 32 funders put you under-funded among the 400 organizations that share them.

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 MAGNUS VETERANS 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 Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 29%Fundraising 0%

Governance

7
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for MAGNUS VETERANS 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MAGNUS VETERANS FOUNDATION?
MAGNUS VETERANS FOUNDATION (Minnesota) receives grants from 32 organizations whose IRS filings report $683,224 to it, the largest being MINNESOTA VETERANS 4 VETERANS TRUST DEAN R ASHEMAN ET AL TRUSTEE ($110,000). 16 of them have funded it in more than one year.
How many funders does MAGNUS VETERANS FOUNDATION have?
IRS filings report 32 organizations giving $683,224 in grants to MAGNUS VETERANS FOUNDATION, 16 of which have funded it in more than one year.
Who is the largest funder of MAGNUS VETERANS FOUNDATION?
MINNESOTA VETERANS 4 VETERANS TRUST DEAN R ASHEMAN ET AL TRUSTEE is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
How can an organization like MAGNUS VETERANS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 32funders 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