Program areas at Magic Johnson Foundation
Holiday hope: provided holiday joy to families in need. Much needed resources (food, clothes, toy, books)
Magic of christmas initiative: the program is designed to provide support, hope, and a sense of community to those in need. Our goal is to spread joy and alleviate some of these burdens for families during the holidays.
The earvin Johnson, sr. Scholarship fund: the program is designed to provide support for deserving african american incoming freshman at Michigan state university who exemplify a strong commitment for academic achievement but face socio-economic conditions that hinder them from reaching their full potential.
Grants made by Magic Johnson Foundation
| Grantee | Grant description | Grant year | Amount |
|---|
| Feed the Children | Social Efforts | 2023-12 | $120,000 |
Who funds Magic Johnson Foundation
Grants from foundations and other nonprofits
Financials for Magic Johnson Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,092,927 | $135,100 | 709% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | | - |
| Royalty revenue | $0 | | - |
| Net rental income | $0 | | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | | - |
| Net income from gaming activities | $0 | | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,092,927 | $135,100 | 709% |
Organizations like Magic Johnson Foundation
| Organization | Type | Location | Revenue |
|---|
| VP Community Impact Foundation | 501(c)(3) | Saint Louis, MO | $387,402 |
| Pink and Green Community Service Foundaton | 501(c)(3) | Columbia, SC | $566,865 |
| The Chiselers | 501(c)(3) | Tampa, FL | $490,834 |
| Inspired Foundation | 501(c)(3) | Holland, MI | $317,601 |
| Providence General Foundation | 501(c)(3) | Everett, WA | $5,403,109 |
| Martis Camp Foundation | 501(c)(3) | Truckee, CA | $1,681,582 |
| Gunnison Valley Health Foundation | 501(c)(3) | Gunnison, CO | $2,578,850 |
| Village Improvement Association of Doylestown | 501(c)(3) | Doylestown, PA | $621,829 |
| Aba Foundation | 501(c)(3) | Washington, DC | $1,039,797 |
| Halifax Regional Development Foundation | 501(c)(3) | Virginia Beach, VA | $352,267 |
Data update history
January 10, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Posted financials
Added Form 990EZ for fiscal year 2022
January 1, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsCorporate foundationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 9100 Wilshire Blvd 700e
- Beverly Hills, CA 90212
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- magicjohnson.com/foundationÂ
- Phone
- (310) 592-5592
IRS details
- EIN
- 88-3208058
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2022
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S20: Community, Neighborhood Development, Improvement
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0286032
- FTB Entity ID
- 5072478
- AB 488 data last updated ("as-of") date
- 2025-02-19
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