GrantAuthority

Magnetar Capital Foundation

Grantmaking foundation in Evanston, Illinois · EIN 46-0807550

Total giving
$2.7KTax year 2023
Grants made
2Tax year 2023
Total assets
$27KLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

OPERATION OF AN EDUCATIONAL PROGRAM CALLED FINEDGE, FORMERLY KNOWN AS MAGNETAR YOUTH ACADEMY. FINEDGE EDUCATES YOUTH ABOUT THE BASICS OF PERSONAL FINANCE AND INVESTING.

Quoted from the foundation's IRS filing.

Giving by year

$97K2019
$1M2020
$1.2M2021
$1.4M2022
$2.7K2023

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
Youth & Opportunity United Inc$2.5K2023
Marwen Foundation$2002023

Amounts are rounded. The full grantee list (2 grants in 2023) is available with a free account.

Website: finedge.uchicago.edu

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Similar foundations in Illinois

Source: IRS Form 990 and 990-PF filings, tax year 2023. Also see this organization on ProPublica Nonprofit Explorer.