Magnolia Foundation (Tom R Million Ttee)

Magnolia Foundation (Tom R Million Ttee) is a charitable organization in Rio Grande, Puerto Rico. Its tax id (EIN) is 32-6567162. It was granted tax-exempt status by IRS in March, 2020. For detailed information such as income and other financial data of Magnolia Foundation (Tom R Million Ttee), refer to the following table.


Profile of Magnolia Foundation

Organization Name Magnolia Foundation
Other NameTom R Million Ttee
Tax Id (EIN)32-6567162
Address 408 Coco Beach Blvd, Rio Grande, PR 00745-4021
In Care of Name Tom R S Millon
All tax-exempt organizations in zip code 00745
Tax PeriodAssetIncomeRevenue
0$0$0$0
December, 2020$502,945$122,778$0
December, 2021$480,965$72,387$0
December, 2022$422,916$58,070$0
December, 2023$397,450$39,503$0
IRS Exempt Status Ruling Date March, 2020
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Philanthropy, Voluntarism and Grantmaking Foundations
Tax Exempt Activity Private Independent Foundations
NTEE CodeT22
Foundation Type Private non-operating foundation
Organization Type Trust
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Not required to file (all other)
Private Foundation Filing Requirement Need to file 990-PF return
Asset Range Reported on Form 990$100,000 to 499,999
Income Range Reported on Form 990$25,000 to 99,999
Accounting Period 12