Magna Carta Foundation Inc
Preselected recipients only
Magna Carta Foundation Inc is a private foundation in Calabasas, California. In tax year 2024 it gave $50,699 in 8 grants; the typical grant was $3,600 and the largest $20,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$50,699
- Number of grants8
- Typical grant$3,600
- Largest grant$20,000
- Assets$1.1 million
- New grantees13%
Giving in 2024 was up from $40,199 the year before.
13% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $62,474 | 12 | $1.0 million |
| 2023 | $40,199 | 7 | $1.1 million |
| 2024 | $50,699 | 8 | $1.1 million |
How to apply
Magna Carta Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Magna Carta Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 4 | $40,500 |
| Vermont | 1 | $5,000 |
| Virginia | 1 | $2,199 |
| Florida | 1 | $2,000 |
| New York | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Los Angeles Sports & Entertainment Commission | General Support | $20,000 |
| Viewpoint School | General Support | $10,000 |
| Oaks Wildfire Brigade | General support | $10,000 |
| Spectrum Inc | General support | $5,000 |
| Guidestar USA Inc | General support | $2,199 |
| UNIVERSITY of MIAMI | General Support | $2,000 |
| Friends Academy | General support | $1,000 |
| Pitzer College | General support | $500 |
Officers and trustees
- Andrew L Furgatch
- Austin L Furgatch
- Cherilyn D Shea
Questions people ask
Does Magna Carta Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Magna Carta Foundation Inc give?
$50,699 in tax year 2024, across 8 grants, with a typical grant of $3,600.
Who runs Magna Carta Foundation Inc?
Its 2024 filing lists Andrew L Furgatch (President, Treasurer & Sec.), Austin L Furgatch (Vice President, Asst Treasurer) and Cherilyn D Shea (Vice President, Asst. Sec.).
What does Magna Carta Foundation Inc fund?
Based on its grants, mainly education.