Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MAGNOLIA HOUSE FOUNDATION INC is a nonprofit organization dedicated to the preservation of a historic hotel, focusing on education services. With an operating budget of $103.6K and total revenue of $113.8K for the 2024 filing year, the foundation receives significant support from major funders such as COMMUNITY FOUNDATION OF GREATER GREENSBORO INC and TRUIST FOUNDATION INC, neither of which provide 50% or more of its revenue. More information can be found on their website at www.thehistoricmagnoliahouse.org.

Mission Statement

PRESERVATION OF HISTORIC HOTEL
Revenues
$113.8K
Expenses
$103.6K
Net Income:
+$10.3K
Assets
$52.1K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$103.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$32K
Largest grant received
$32K
D
Dr Marquita Reed-Wright
Board Member
D
Dr Tamara Brothers
Board Member
S
Stacey Kyser
Board Member

Frequently Asked Questions

What is MAGNOLIA HOUSE FOUNDATION INC’s budget?
In 2024, MAGNOLIA HOUSE FOUNDATION INC reported an annual operating budget of around $104 thousand. More detailed financial information is available to registered users.
What causes does MAGNOLIA HOUSE FOUNDATION INC support?
MAGNOLIA HOUSE FOUNDATION INC supports work in Education services.
Where does MAGNOLIA HOUSE FOUNDATION INC operate?
MAGNOLIA HOUSE FOUNDATION INC is headquartered in Greensboro, NC.
Who funded MAGNOLIA HOUSE FOUNDATION INC recently?
In 2025, MAGNOLIA HOUSE FOUNDATION INC received grants from CO TUA MARION S COVINGTON FDN, COMMUNITY FOUNDATION OF GREATER GREENSBORO INC, and COMMUNITY FOUNDATION OF GREATER GREENSBORO INC. More information on this organization’s funders is available to registered users.
What is the largest grant MAGNOLIA HOUSE FOUNDATION INC received in 2024?
The largest grant to MAGNOLIA HOUSE FOUNDATION INC in 2024 exceeds $32 thousand.