The Magnolia Foundation Inc
Preselected recipients only
The Magnolia Foundation Inc is a private foundation in Jacksonville, Florida. In tax year 2025 it gave $55,890 in 12 grants; the typical grant was $4,750 and the largest $12,000. 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$55,890
- Number of grants12
- Typical grant$4,750
- Largest grant$12,000
- Assets$980,485
- New grantees58%
Giving in 2025 was up from $51,700 the year before.
58% 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 | $55,446 | 11 | $1.1 million |
| 2024 | $51,700 | 9 | $1.0 million |
| 2025 | $55,890 | 12 | $980,485 |
How to apply
The Magnolia 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 Magnolia Foundation Inc funds
Where it gives
Its grants went to recipients in 3 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 10 | $39,390 |
| Minnesota | 1 | $12,000 |
| Georgia | 1 | $4,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic | Charitable contribution | $12,000 |
| Florida Theatre | Charitable contribution | $10,750 |
| The Episcopal School of Jacksonville | Charitable contribution | $10,000 |
| Jacksonville Symphony Orchestra | Charitable contribution | $5,500 |
| The Jim and Tabitha Furyk Foundation Inc | Charitable contribution | $5,000 |
| Tom Coughlin Jay Fund Foundation | Charitable contribution | $5,000 |
| Operation Appreciation | Charitable contribution | $4,500 |
| Depaul School of NE Florida | Charitable contribution | $1,000 |
| Nemours Foundation | Charitable contribution | $840 |
| Wolfson Children's Hospital | Charitable contribution | $500 |
| Museum of Contemporary Art Jacksonville Inc | Charitable contribution | $500 |
| Rotary Club Mandarin | Charitable contribution | $300 |
Officers and trustees
- Elizabeth K Jennison
- Wesley J Jennison
- Caroline J Diquisto
- Elizabeth S Romansky
Questions people ask
Does The Magnolia Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Magnolia Foundation Inc give?
$55,890 in tax year 2025, across 12 grants, with a typical grant of $4,750.
Who runs The Magnolia Foundation Inc?
Its 2025 filing lists Elizabeth K Jennison (Pres, Sec, Treas), Wesley J Jennison (Trustee), Caroline J Diquisto (Trustee) and Elizabeth S Romansky (Trustee).
What does The Magnolia Foundation Inc fund?
Based on its grants, mainly arts and culture, health and education.