Paul Magnus Foundation Inc is located in Highland, MD. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul Magnus Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FAMILY SUPPORT GRANT AWARDS FOR 13 INDIVIDUALS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Anderson Owner | 10 | $0 | |
Stephanie Anderson Owner | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,167 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,596 |
| Other Revenue | $0 |
| Total Revenue | $72,041 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,477 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $343 |
| Other expenses | $651 |
| Total expenses | $29,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,570 |
| Other assets | $0 |
| Total assets | $42,570 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,570 |