The Magnaverde Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Magnaverde Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 06-1442891
Foundation Overview
Based in Greenwich, CT, The Magnaverde Foundation Inc has awarded 15 grants totaling $311,718 to organizations in Connecticut. Individual grants range from $5,000 to $47,088, with a median award of $12,100.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
0 of 8 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.
Geographic Focus
100% of all grants are concentrated in Connecticut, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Connecticut, funding concentrates in Greenwich (100%).
Funding Trajectory
Strong 975% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Magnaverde Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Town Of Greenwich | $47,088 | Greenwich, CT, US | New Fence | 2023 |
| Town Of Greenwich | $6,650 | Greenwich, CT, US | Repair Of Existing Fences | 2023 |
| Town Of Greenwich | $47,088 | Greenwich, CT, US | New Fence | 2023 |
| Town Of Greenwich | $6,650 | Greenwich, CT, US | Repair Of Existing Fences | 2023 |
| Town Of Greenwich | $47,088 | Greenwich, CT, US | New Fence | 2023 |
| Town Of Greenwich | $6,650 | Greenwich, CT, US | Repair Of Existing Fences | 2023 |
| Town Of Greenwich | $47,088 | Greenwich, CT, US | New Fence | 2023 |
| Town Of Greenwich | $6,650 | Greenwich, CT, US | Repair Of Existing Fences | 2023 |
| Town Of Greenwich | $17,328 | Greenwich, CT, US | New Fence | 2022 |
| Town Of Greenwich | $6,300 | Greenwich, CT, US | Repair Of Existing Fences | 2022 |
| Town Of Greenwich | $17,328 | Greenwich, CT, US | New Fence | 2022 |
| Town Of Greenwich | $6,300 | Greenwich, CT, US | Repair Of Existing Fences | 2022 |
| Town Of Greenwich | $32,410 | Greenwich, CT, US | New Fence | 2021 |
| Town Of Greenwich | $12,100 | Greenwich, CT, US | Repair Of Existing Fences | 2021 |
| Town Of Greenwich | $5,000 | Greenwich, CT, US | Maintenance, Repair And Painting Of Existing Fences | 2020 |
Foundations Similar to The Magnaverde Foundation Inc
Discover 5 foundations with comparable assets ($36,982-$60,808), similar grant patterns, and geographic focus in CT that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
The Tapping Solution Foundation Inc
EIN: 46-1936322 | 8 grants awarded |
$50,049
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$10,000
median grant |
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|
Albert L Spelas Scholarship Trust
EIN: 45-6355550 | 8 grants awarded |
$40,687
(≈ Similar) |
$14,450
median grant |
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Same state |
|
|
Bedard Family Foundation Inc
EIN: 82-3829945 | 1 grants awarded |
$38,820
(≈ Similar) |
$10,000
median grant |
Ridgefield, CT
Same state |
|
|
Afms Foundation Inc
EIN: 84-2004157 | 5 grants awarded |
$36,982
(↓ Smaller) |
$15,353
median grant |
Glastonbury, CT
Same state |
|
|
Marcus For Change Incorporated
EIN: 46-3110994 | 9 grants awarded |
$60,808
(↑ Larger) |
$8,000
median grant |
New Canaan, CT
Same state |
|
Related Foundation Resources in CT:
Contact Information
Official contact details for The Magnaverde Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 06-1442891 |
| Website | N/A |
| Address | 35 MASON ST STE 4A Greenwich, CT 06830-5436 |
Key People (3)
Board members, trustees, and key staff who oversee The Magnaverde Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Karen Bedrosian Richardson |
|---|---|
| Treasurer | Ursela Dunn |
| Director | Reverge Anselmo |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for The Magnaverde Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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