Rick & Amy Magnuson Foundation Inc

WALLACE, ID EIN: 82-0524027

Rick & Amy Magnuson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALLACE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 6 grants totaling $15K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

-7.4% YoY

Annual Giving

$15K

+50.0% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$3K

+0.0% YoY

About Rick & Amy Magnuson Foundation Inc

Based on IRS filings

Rick & Amy Magnuson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WALLACE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 6 grants totaling $15K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BoiseCheneyCoeur DaleneLewistonMoscowPocatelloWallaceYakima

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$24K$37K$49K20202021202220232024
Metric202420232022
Total Assets$95,326$102,934$112,601
Revenue$8,440$1,186$-10,751
Expenses$15,400$10,453$13,561
Qualifying Distributions$15,400$10,000$12,550
Net Investment Income$4,771$4,315$3,840
Distributable Amount$10,727$9,462$9,893

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$11K$15K3 grants20203 grants20213 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

UNIVERSITY OF IDAHO$4KLEWIS CLARK STATE COLLEGE$4KBOISE STATE UNIVERSITY$2KIDAHO STATE UNIVERSITY$2KYAKIMA VALLEY COLLEGE$2KNORTH IDAHO COLLEGE$1K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JULIE MAGNUSONDirector
RICK MAGNUSONPresident
AMY MAGNUSONSecretary

Subject Areas

Focus areas based on grantmaking activity

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

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