AI Summary
The Magnolia Educational and Research Foundation (EIN: 95-4649884) operates eleven Magnolia Science Academy charter schools serving 3,890 students throughout California. With an operating budget of $78.6 million and total revenue of $84.4 million, the organization is dedicated to inspiring students to pursue careers in science, technology, engineering, and math (STEM) through a robust, standards-based education program within a culture of excellence. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base.
Mission Statement
MERF OPERATED ELEVEN MAGNOLIA SCIENCE ACADEMY (MSA) KINDERGARTEN THROUGH GRADE TWELVE CHARTER SCHOOLS SERVING 3,890 STUDENTS THROUGHOUT CALIFORNIA DEDICATED TO INSPIRING STUDENTS TO CHOOSE CAREER PATHS IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM), WHILE PROVIDING A ROBUST, STANDARDS-BASED EDUCATION PROGRAM WITHIN A SUPPORTIVE CULTURE OF EXCELLENCE.
Cause Areas
5
Education
Science
Technology
Engineering
Education services
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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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Frequently Asked Questions
What is MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION’s budget?
In 2024, MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION reported an annual operating budget of around $78.6 million. More detailed financial information is available to registered users.
What causes does MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION support?
MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION supports work in Education, Science, Technology, Engineering, and Education services.
Where does MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION operate?
MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION is headquartered in LOS ANGELES, CA.
Who funded MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION recently?
In 2024, MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION received grants from CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND, SILICON SCHOOLS FUND INC, and JOSEPH DROWN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION received in 2024?
The largest grant to MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION in 2024 exceeds $1.3 million.
What is MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION’s reliance on government grants?
MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION relied on government grants for more than 85% of their total revenue in 2024.