Program areas at Magnificat Foundation
-- the Magnificat Foundation makes it possible for those in need and who cannot otherwise afford them to obtain quality catholic prayer resources, thereby benefitting deserving young people, seminarians, retired clergy and members of religious orders, prisoners, members ofthe military on active duty, women in distress, hospital patients, and many others.-- the Foundation subsidizes subscriptions for the needy. It can be a complimentary subscription of a catholic publication sold at cost by publishers for prison ministry, students, and other individuals who cannot afford them.-- cardinal egan lecture in new york, ny, with approximately 400 attendees
Grants made by Magnificat Foundation
Personnel at Magnificat Foundation
| Name | Title | Compensation | Date of data |
|---|
| Axel D'Epinay | Chief Financial Officer and Treasurer | $0 | 2023-09-21 |
| Bernarda Neal | President | $0 | 2022-12-31 |
| Deborah Nilson | Secretary | $0 | 2022-12-31 |
| Romanus Cessario | Chairman | $0 | 2022-12-31 |
| Stephen Kramer | Director and Secretary / Officer / Secretary | $0 | 2019-12-31 |
Financials for Magnificat Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $29,845 | $20,341 | 46.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $29,845 | $20,341 | 46.7% |
Organizations like Magnificat Foundation
| Organization | Type | Location | Revenue |
|---|
| St Mary Catholic Schools Foundation | 501(c)(3) | Neenah, WI | $27,134 |
| The Portiuncula Foundation | 501(c)(3) | Pittsburgh, PA | $81,580 |
| Love Builds Hope Foundation | 501(c)(3) | Brownsville, TX | $47,623 |
| Ocean Tides Christian Brothers Charitable Trust | 501(c)(3) | Narragansett, RI | $136,237 |
| The Foundation for the Promotion of Evangelizing Catechesis | 501(c)(3) | Bridgeport, CT | $73,500 |
| University Series Foundation | 501(c)(3) | Thousand Oaks, CA | $51,623 |
| Catholic Charities of Eastern Virginia Foundation | 501(c)(3) | Norfolk, VA | $33,848 |
| Benedictine Manor I | 501(c)(3) | Jonesboro, AR | $122,757 |
| Live Vertical | 501(c)(3) | Springfield, PA | $97,135 |
| Catholic Healthcare Leadership Alliance | 501(c)(3) | Ormond, FL | $68,887 |
Data update history
January 26, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 12, 2025
Used new vendors
Identified 1 new vendor, including
November 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 9, 2023
Updated personnel
Identified 2 new personnel
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
Religion
Characteristics
ReligiousCatholicChristianOperates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 86 Main St 303
- Yonkers, NY 10701
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Westchester County, NY
- Website URL
- foundation.magnificat.netÂ
- Phone
- (914) 502-1855
IRS details
- EIN
- 27-2942525
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2010
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- X22: Roman Catholic
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Child within group exemption
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