Public nonprofit record
MAGIC JOHNSON FOUNDATION
EIN 88-3208058 · Community & Neighborhood Development (S20)
What they do
THE SPECIFIC PURPOSE of THIS CORPORATION is to INITIATE and SUPPORT PROGRAMS THAT HELP to SERVE UNDERSERVED COMMUNITIES and ENHANCE THE LIVES of UNDERPRIVILEGED and NEEDY INDIVIDUALS, and to INITIATE and SUPPORT CHARITABLE PROGRAMS THAT FURTHER THE HEALTH and EDUCATION of THE PUBLIC.
Money
Tax year 2024Financial picture
Revenue$256,949
Expenses$398,851
Assets$703,878
Income$256,949
Contributions$235,301
Grants given$420,000
Average grant$70,000
Management$43,851
Stocks and bonds$581,648
About this charity
- Recognized since
- January 2022
- Location
- PO BOX 5623, BEVERLY HILLS, CA 90209
- County
- Los Angeles
- In care of
- SHEILA ERWING
- Primary officer
- SHEILA ERWING, EVP, FINANCE & OPERATIONS
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- SINGERLEWAK LLP
- NTEE classification
- Community & Neighborhood Development (S20)
- IRS tax category
- Community & Neighborhood Development
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1