Is Magnifi Financial Foundation a real 501(c)(3) nonprofit?

Yes. Magnifi Financial Foundation (EIN: 61-1690771) is registered with the IRS as a 501(c)(3) tax-exempt organization based in Melrose, MN. Their tax-exempt status is currently active.

Are donations to Magnifi Financial Foundation tax-deductible?

As a 501(c)(3) organization, donations to Magnifi Financial Foundation are generally tax-deductible for federal income tax purposes. Always consult a tax professional for your specific situation.

Nonprofit Profile

Magnifi Financial Foundation

Melrose, MN · 501(c)(3) · EIN 61-1690771

Active Philanthropy, Voluntarism & Grantmaking

Trust verification

IRS Status

Active since July 2014

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State Registration

MN - Attorney General

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990 Filing

No data available

Financial overview

Revenue

$158K

Assets

$797K

Tax-Exempt Since

2014

Ruling date: July 2014

About

Mission & Description

Magnifi Financial Foundation, located in Melrose, MN, is a philanthropic organization that has been tax-exempt since 2014. With an annual revenue of $158,000, it engages in grantmaking and supports volunteerism within the community.

IRS filing details

Official Records

EIN	61-1690771
Subsection	501(c)(3)
Classification	Public Charity
NTEE Code	T20 - Philanthropy, Voluntarism & Grantmaking
Ruling Date	July 2014
Revocation History	None

Compensation

Officers & Directors

No officer compensation data available.

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