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EIN 46-0807550

Magnetar Capital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Evanston
State
Illinois
Year formed
2012
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Magnetar Capital Foundation is a corporate foundation located in Evanston, IL whose purpose is to operate an educational program called finedge, formerly known as magnetar youth academy. Finedge educates youth about the basic concepts of business and finance. Grantees include Michael's Mission Inc. The Magnetar Capital Foundation made 40 grants last year.
Total revenues
$1,287,399
2022
Total expenses
$648,067
2022
Total assets
$43,605
2022
Num. employees
0
2022

Grants made by Magnetar Capital Foundation

GranteeGrant descriptionAmount
The University of Chicago (UChicago)Collaboration Grants - University of Chicago$1,000,000
Chicago Sky CaresCharity Donation - General Support$20,000
Project SunshineCharity Donation - General Support$15,000
...and 37 more grants made totalling $1,067,261

Personnel at Magnetar Capital Foundation

NameTitleCompensation
Barbara BernsteinSecretary$0

Financials for Magnetar Capital Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,256,226
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$31,173
Total revenues$1,287,399

Form 990s for Magnetar Capital Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-11990PFView PDF
...and 6 more Form 990s

Organizations like Magnetar Capital Foundation

OrganizationLocationRevenue
Nabholz Charitable FoundationConway, AR$562,075
Sierra Pacific FoundationRedding, CA$1,603,055
Bonnie and John Jackson FoundationMeridian, ID$1,058,470
Tammy Hladky FoundationGillette, WY$567,419
Malama FoundationKansas City, MO$1,241,102
The Mitsui USA FoundationNew York, NY$417,977
Healthcare Services Group Charitable FoundationJefferson City, MO$701,342
The Brunswick FoundationMettawa, IL$352,403
The Deluca FoundationNatick, MA$394,726
Culver's FoundationPrairie Du Sac, WI$1,587,228
Data update history
December 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 18, 2023
Updated personnel
Identified 1 new personnel
May 23, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1603 Orrington Ave
Evanston, IL 60201
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(847) 905-4400
IRS details
EIN
46-0807550
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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