Medical Magnet Foundation
Preselected recipients only
Medical Magnet Foundation is a private foundation in Wilmington, Delaware. In tax year 2025 it gave $51,950 in 2 grants; the typical grant was $25,975 and the largest $26,950. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$51,950
- Number of grants2
- Typical grant$25,975
- Largest grant$26,950
- Assets$661,086
- New grantees50%
Giving in 2025 was up from $25,000 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $15,000 | 1 | $493,522 |
| 2024 | $25,000 | 1 | $692,916 |
| 2025 | $51,950 | 2 | $661,086 |
How to apply
Medical Magnet Foundation 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 Medical Magnet Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 2 | $51,950 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Jserra Catholic High School | To support underprivileged students attend the Medical Magnet school within JSerra Catholic High School | $26,950 |
| University of California Irvine Foundation | Ortho Research & Education Fund | $25,000 |
Officers and trustees
- Gaston Alvarez
- Theresa Michele Henry
Questions people ask
Does Medical Magnet Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Medical Magnet Foundation give?
$51,950 in tax year 2025, across 2 grants, with a typical grant of $25,975.
Who runs Medical Magnet Foundation?
Its 2025 filing lists Gaston Alvarez (Dir, Pres, Treas) and Theresa Michele Henry (Dir, Sec).
What does Medical Magnet Foundation fund?
Based on its grants, mainly education, faith communities and health.