The Magaro Foundation Inc
Preselected recipients only
The Magaro Foundation Inc is a private foundation in Danbury, Connecticut. In tax year 2024 it gave $2.2 million in 1 grant; the typical grant was $2.2 million and the largest $2.2 million. 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$2.2 million
- Number of grants1
- Typical grant$2.2 million
- Largest grant$2.2 million
- Assets$52.2 million
- New grantees0%
Giving in 2024 was up from $355,000 the year before.
0% 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 |
|---|---|---|---|
| 2023 | $355,000 | 6 | $47.4 million |
| 2024 | $2.2 million | 1 | $52.2 million |
How to apply
The Magaro 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 The Magaro Foundation Inc funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 1 | $2.2 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of Austin | General fund | $2.2 million |
Officers and trustees
- Alex Magaro
- Al P Trebing Esq
- Diviya Magaro
Questions people ask
Does The Magaro Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Magaro Foundation Inc give?
$2.2 million in tax year 2024, across 1 grant, with a typical grant of $2.2 million.
Who runs The Magaro Foundation Inc?
Its 2024 filing lists Alex Magaro (Director), Al P Trebing Esq (Secretary) and Diviya Magaro (President/Tr).
What does The Magaro Foundation Inc fund?
Based on its grants, mainly education.