GrantAuthority

Magnifi Financial Credit Union

Grantmaking foundation in Melrose, Minnesota · EIN 41-0705136

Total giving
$110KTax year 2024
Grants made
2Tax year 2024
Total assets
$2.4BLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

MAGNIFI FINANCIAL CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE PROVIDING LOAN, DEPOSIT AND OTHER FINANCIAL SERVICES TO 84,983 MEMBERS.

Quoted from the foundation's IRS filing.

Giving by year

$97K2020
$91K2021
$94K2022
$90K2023
$110K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Magnifi Financial Foundation$85K2024
Centracare Health Foundation$25K2024

Amounts are rounded. The full grantee list (2 grants in 2024) is available with a free account.

Website: www.mymagnifi.org

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Similar foundations in Minnesota

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.