GrantAuthority

Magnet Hccn

Grantmaking foundation in Lexington, Mississippi · EIN 87-4656639

Total giving
$1.8MTax year 2025
Total assets
$210KLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

Exclusively religious, charitable, scientific, literary or educational purposes, including for such purposes the making of distributions to organizations that qualify as exempt organizations under Section 501 (c) 3 of the Internal Revenue Code of 1986.

Quoted from the foundation's IRS filing.

Giving by year

$1M2022
$2.1M2023
$1.6M2024
$1.8M2025

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
Dr Arenia C Mallory Comm Health Ctr$550K2024
Jackson-Hinds Comprehensive Health Center$280K2024
Greater Meridian Health Center$230K2024
Southeast MS Rural Health Center$200K2024
Aaron E Henry Comm Health Services$75K2024

Amounts are rounded. The full grantee list is available with a free account.

See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.

Similar foundations in Mississippi

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.