Magale Foundation Inc

SHREVEPORT, LA EIN: 72-6025096

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$2.5M

+1.3% YoY

Annual Giving

$142K

-2.5% YoY

Grant Count

13

+0.0% YoY

Avg Grant Size

$11K

-2.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$173K$260K$346K20202021202220232024
Metric202420232022
Total Assets$2,498,591$2,465,894$2,323,808
Revenue$206,266$314,685$145,276
Expenses$172,734$172,597$184,339
Qualifying Distributions$143,279$146,906$156,235
Net Investment Income$180,851$290,672$120,701
Distributable Amount$161,643$138,987$146,402

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$116K$155K17 grants202015 grants202115 grants202213 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOSSIER PARISH COMMUNITY…$25KNW STATE UNIVERSITY FOUN…$25KSOUTHERN ARKANSAS UNIVER…$25KBOYS GIRLS CLUB OF MAGNO…$10KLSUS FOUNDATION$10KMAGNOLIA SPECIALIZED SER…$8KMAGNOLIA ARTS COUNCIL$8KBIOMEDICAL RESEARCH FOUN…$7KTHE ARC OF CADDO-BOSSIER$5KCENTENARY COLLEGE OF LA …$5K

Grant Size Distribution

73 grants across all recorded years

73<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Magale Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL EPLEYPresident
REESE LEWISVice President
CAROLINE WALLERSecretary
WILLIAM WOODTreasurer

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

Bossier CityEl DoradoLittle RockMagnoliaNatchitochesShreveport

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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