Overview
The Magnus Charitable Trust, based in Fort Lauderdale, Florida, is a philanthropic organization with assets totaling $6,881,579. The trust focuses on funding initiatives in various subject areas including education, higher education, health, diseases and conditions, international human rights, and human services. In the past year, the trust reported expenses of $1,527,600 and revenue of $1,134,084. The trust supports projects in several cities across the United States, including Chicago, Fort Worth, Oconomowoc, Rochester, and Skokie, and operates in states such as Illinois, Minnesota, Texas, and Wisconsin. The trust is managed by trustees Maria Magnus and Victoria Magnus, both of whom work 20 hours per week without compensation.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $7,010,122 in 2023
3 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $558,809 | SCHOLARSHIP RECIPIENTS PAID IN 2021 | COLLEGE SCHOLARSHIPS | 230 E OHIO ST STE 400 CHICAGO, IL US | 2022 |
| $500,000 | MAYO CLINIC | GENERAL | 200 FIRST ST SW ROCHESTER, MN US | 2023 |
| $297,675 | SCHOLARSHIP RECIPIENTS PAID IN 2022 | COLLEGE SCHOLARSHIPS | 230 E OHIO ST STE 400 CHICAGO, IL US | 2023 |
| $250,000 | MAYO CLINIC | GENERAL | 200 FIRST ST SW ROCHESTER, MN US | 2024 |
| $102,175 | SCHOLARSHIP RECIPIENTS PAID IN 2023 | COLLEGE SCHOLARSHIPS | 230 E OHIO ST STE 400 CHICAGO, IL US | 2024 |
| $25,000 | MISC | GENERAL | 70 E LAKE ST CHICAGO, IL US | 2022 |
| $25,000 | ROGERS MEMORIAL HEALTH FOUNDATION | GENERAL | 34700 VALLEY OCONOMOWOC, WI US | 2022 |
| $20,000 | ABOVE & BEYOND FAMILY RECOVER CENTER | GENERAL | 2942 W LAKE ST CHICAGO, IL US | 2022 |
| $18,000 | MEDEX FOUNDATION | GENERAL | 5650 HOWARD ST SKOKIE, IL US | 2023 |
| $5,000 | INNOCENCE PROJECT OF TEXAS | GENERAL | 300 BURNETT ST 160 FORT WORTH, TX US | 2023 |
Rows per page
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
MM
MARIA MAGNUS
| TRUSTEE | $0 | 2022 |
VM
VICTORIA MAGNUS
| TRUSTEE | $0 | 2022 |
MM
MARIA MAGNUS
| TRUSTEE | $0 | 2023 |
VM
VICTORIA MAGNUS
| TRUSTEE | $0 | 2023 |
MM
MARIA MAGNUS
| TRUSTEE | $0 | 2024 |
VM
VICTORIA MAGNUS
| TRUSTEE | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025