EIN 27-2942525

Magnificat Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2010
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Magnificat Foundation promotes expressions of faith, prayer, and devotion consistent with the Magisterium and authoritative moral guidance of the Catholic Church. It raises and provides financing and sponsorship of conferences, conventions, publications, missions, video recordings, and makes it possible for deserving young people, seminarians, retired clergy and members of religious orders, prisoners who are unable to afford them to obtain quality catholic prayer resources.
Related structure
Magnificat Foundation is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$20,341
2022
Total expenses
$25,052
2022
Total assets
$246,604
2022
Num. employees
0
2022

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

GranteeGrant descriptionAmount
Confraternity of Christian DoctrineSponsor of the Convocation$35,000

Personnel at Magnificat Foundation

NameTitleCompensation
Axel D'EpinayChief Financial Officer and Treasurer$0
Bernarda NealOfficer / President$0
Deborah NilsonSecretary$0
Romanus CessarioDirector / Chairman$0
Stephen KramerDirector and Secretary / Officer / Secretary$0

Financials for Magnificat Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$20,341
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,341

Form 990s for Magnificat Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-10-27990View PDF
2020-122021-08-30990View PDF
2019-122021-03-02990View PDF
2018-122020-01-15990View PDF
2017-122018-12-22990View PDF
...and 5 more Form 990s
Data update history
June 5, 2023
Updated personnel
Identified 1 new personnel
August 3, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 22, 2022
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 27, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
Religion
Characteristics
ReligiousCatholicChristianTax deductible donationsNo full-time employees
General information
Address
86 Main St 303
Yonkers, NY 10701
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
foundation.magnificat.net 
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
Free account sign-up

Want updates when Magnificat Foundation has new information, or want to find more organizations like Magnificat Foundation?

Create free Cause IQ account