Private foundation · Wilmington, DE

Mag Mutual Foundation Inc

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Typical grant size
$1K $3K $15K
25th · median · 75th percentile
Unique recipients
79
Repeat grantees
32
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Marisa Anderson
Board Member
Donna Andrews
Board Member
John S Antalis
Board Member, Chairman, Pres
Alison Bartfield Md
Board Member
Michael J Bono
Board Member
Kara Cleary
Sec
Michael Grant
Board Member
Tamara Huffman
Board Member
William S Kanich
Board Member, Chairman, Pres
Nicholas J Martowski
Chief Investmt Officer, Treas
Carrie Lowe
Board Member
Michael J Markett
Sec
Neil S Morrell
Pres
Michael J Bono Md
Board Member
William F James Md
Board Member
J Price Corr Jr
Board Member

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
6.1%
grants paid ÷ assets · ~5% IRS minimum
'17
'18
'19
'20
'21
'22
'23
'24
219
Total grants awarded
$1.6M
Total amount
$8K
Average grant
$65K
Largest grant

Giving by year

2024
$321K
29 grants
2023
$141K
22 grants
2022
$189K
21 grants
2021
$154K
22 grants
2020
$126K
54 grants
2019
$109K
21 grants
2018
$169K
15 grants
2017
$167K
24 grants
2016
$273K
11 grants

Top recipients

4 grants · GA · ✓ Exact match
$130K
1 grant · FL · ✓ Exact match
$65K
2 grants · GA · ≈ likely match
$60K
3 grants · GA · ✓ Exact match
$58K
4 grants · GA · ✓ Exact match
$57K
1 grant · GA · ✓ Exact match
$50K
2 grants · GA · ✓ Exact match
$45K
2 grants · SC · ✓ Exact match
$40K
2 grants · WV · ✓ Exact match
$40K
Capital Medical Society Foundation Inc
5 grants · FL
$38K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Morehouse School of Medicine Inc
Scholarship Fund
GA · TY 2024
$45K
Bergen Volunteer Medical Initiative Inc
Supporting the Launch of a Second Free Healthcare Clinic for Working, Low-income, uninsured residents of Northern NJ
NJ · TY 2024
$15K
Capital Medical Society Foundation Inc
Physician Wellness Program
FL · TY 2024
$15K
Macon Volunteer Clinic Inc
Operational Support for Free Medical Clinic
GA · TY 2024
$15K
Muslim American Social Services Inc
Food as Medicine
FL · TY 2024
$15K
The Dee Norton Lowcountry Childrens Center Inc
Collaborative Community Response to Child Abuse
SC · TY 2024
$15K
Sanford Crisis Pregnancy Center
Expansion of Medical Staff and Services
FL · TY 2024
$15K
Medical Society of Virginia Foundation
SafeHaven Clinician Well-Being Program
VA · TY 2024
$15K
Streets 517 Ministries
Mental health and wellness programs
MI · TY 2024
$15K
West Virginia Health Right Inc
West Virginia Health Right Free and Charitable Care
WV · TY 2024
$15K
Adventist Health System-sunbelt Inc
The Center for Physician Wellbeing
FL · TY 2024
$15K
Orlando Health Inc
Physician Wellness & Resilience Program
FL · TY 2024
$15K
Academy of Medicine Jacksonville Florida Inc
Duval County Medical Society (DCMS) LifeBridge Physician Wellness Program
FL · TY 2024
$15K
Georgia Professional Health Program Inc
General & Unrestricted
GA · TY 2024
$15K
Escambia County Medical Society Foundation Inc
Physicians Wellness Program
FL · TY 2024
$15K
North Carolina Physicans Health Program Inc
Physician Suicide Prevention Initiative
NC · TY 2024
$15K
Triangle Community Foundation
North Carolina Diversity and Equity in Emergency Medicine Scholarship Fund
NC · TY 2024
$15K
Parker Family Health Center Inc
Parker Family Health Center General Operations Fund
NJ · TY 2024
$15K
Thomas Jefferson University
MAG Mutual Scholars of the McCorvey-Higginbotham Fund
PA · TY 2024
$5K
Good Samaritan Health Center Inc
General & Unrestricted
GA · TY 2024
$3K
Medshare International
General & Unrestricted
GA · TY 2024
$3K
Chastain Horse Park Ltd
General & Unrestricted
GA · TY 2024
$3K
Easter Seals North Georgia Inc
General & Unrestricted
GA · TY 2024
$1K
Boys and Girls Clubs of the Chattahoochee Valley I
General Program Support
GA · TY 2024
$1K
Capital Medical Society Foundation Inc
General & Unrestricted
FL · TY 2024
$1K
The Young Mens Christian Association of the Triang
Camp Sea Gull
NC · TY 2024
$1K
Discovering Mercy
General & Unrestricted
PA · TY 2024
$1K
Sanford Crisis Pregnancy Center
General & Unrestricted
FL · TY 2024
$1K
Emerald School of Excellence Inc
General & Unrestricted
NC · TY 2024
$1K
Thomas Jefferson University
McCorvey-Higginbotham Scholarship Fund
PA · TY 2023
$15K
Healthy Living Community
Integrative Mental Health and Community Group Care
OR · TY 2023
$15K
Parker Family Health Center Inc
Parker Family Health Center General Operations
NJ · TY 2023
$15K
Association of Black Cardiologists
Dr. Richard Allen Williams Scholarship Fund
DC · TY 2023
$15K
The Dee Norton Lowcountry Childrens Center Inc
Collaborative Community Response to Child Abuse
SC · TY 2023
$15K
Bergen Volunteer Medical Initiative Inc
Free Access to Care for Uninsured North NJ Residents
NJ · TY 2023
$15K
Rock Springs Clinic
Diabetes Management Initiative
GA · TY 2023
$15K
Baptist Health System Foundation Inc
Pediatric Asthma Steroid Inhaler in Schools
FL · TY 2023
$13K
Academy of Medicine Jacksonville Florida Inc
DCMS LifeBridge Physician Wellness Program
FL · TY 2023
$5K
Medshare International
General & Unrestricted
GA · TY 2023
$3K
Good Samaritan Health Center Inc
General & Unrestricted
GA · TY 2023
$3K
Chastain Horse Park Ltd
General & Unrestricted
GA · TY 2023
$3K
Shine Tallahassee Inc
General & Unrestricted
FL · TY 2023
$1K
Boys and Girls Clubs of the Chattahoochee Valley I
General program support
GA · TY 2023
$1K
The Young Mens Christian Association of the Triang
Camp Sea Gull
NC · TY 2023
$1K
Joubert Syndrome and Related Disorders Foundation
General & Unrestricted
FL · TY 2023
$1K
Discovering Mercy
General & Unrestricted
PA · TY 2023
$1K
Kipp Jacksonville Inc
General & Unrestricted
FL · TY 2023
$1K
Stratford Academy Inc
General & Unrestricted
GA · TY 2023
$1K
Down Syndrome of Louisville Inc
General & Unrestricted
KY · TY 2023
$1K
Sanford Crisis Pregnancy Center
General & Unrestricted
FL · TY 2023
$1K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.