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Magnified Giving

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263519081 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Magnified Giving?

Magnified Giving is a nonprofit organization situated in Cincinnati, Ohio, with a small team of nine dedicated individuals. Their primary mission is to distribute grants to local charities, leveraging the power of education and youth involvement. This is achieved through collaborations with junior high and high school students engaged in youth philanthropy programs and giving circles. During the 2021 period, Magnified Giving supported 124 such programs, resulting in the allocation of 175 grants to 131 eligible nonprofit organizations. The organization's activities are centered around fostering philanthropic values among young people, and empowering them to contribute to their local communities by championing worthy causes.


Official website here: www.magnifiedgiving.org

Is Magnified Giving legitimate?

Magnified Giving is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnified Giving submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $89,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,153

For more financial information, click here


Official website here: www.magnifiedgiving.org

What is the mission statement of Magnified Giving?

Magnified Giving's mission is centered around providing grants to local charities. This mission is achieved through engaging junior high and high school students in youth philanthropy education. The organization encourages these students to participate in grant distribution processes, which are facilitated through school and nonprofit youth group programs, as well as giving circles. Grants are then awarded to various nonprofit organizations, with Magnified Giving having previously involved 124 programs and distributing funds to 131 organizations.


Official website here: www.magnifiedgiving.org

Who is the CEO of Magnified Giving?

Roger F Grein is the Board Member of Magnified Giving.


Official website here: www.magnifiedgiving.org

What is the revenue of Magnified Giving?

Magnified Giving's revenue in 2023 was $649,634.


Official website here: www.magnifiedgiving.org

Who are the executives of Magnified Giving and what are their salaries?

The average compensation at Magnified Giving during 2023 was $35,712. There are 9 employees and 10 volunteers at Magnified Giving.

Here are 23 key members and their salaries:

    Kelly Collison (Executive Director)
  • Compensation: $89,250
  • Related: $0
  • Other: $0

    • Adrienne Roach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Reed (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anya Sanchez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Rosenau (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hummel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Neyer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Hicks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Campbell-Lieberman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenna Mchugh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ditullio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rasp (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Kupfer Mulderig (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Gyure (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara Shibiya (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Colgan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meaghan Pfetzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melinda Kelly (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Amlung (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Grein (President & Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Nicley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ty Hogan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Billingsley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.magnifiedgiving.org

    Where can I find the form 990 for Magnified Giving?

    The Magnified Giving’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.magnifiedgiving.org

    Learn more at the official website: www.magnifiedgiving.org

    Mission Statement of Magnified Giving

    Magnified Giving, an organization dedicated to philanthropy education, aims to empower junior high and high school students by involving them in the process of grant distribution to local charities. Its mission is to foster a sense of community responsibility and teaching the importance of charitable giving among the younger generation. Through school and nonprofit youth group programming and giving circles, Magnified Giving distributes grants to deserving nonprofit organizations. In the 2021 fiscal year, they supported 124 programs and awarded 175 grants to 131 nonprofit organizations, demonstrating their commitment to making a tangible impact in their communities.

    Impact

    This information is meant to be a general summary of Magnified Giving. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Magnified Giving has made a significant impact by providing grants to local charities through junior high and high school students participating in youth philanthropy education. With 124 programs participating and 175 grants awarded to 131 nonprofit organizations, Magnified Giving has been able to support numerous causes and initiatives in Cincinnati, Ohio. This unique approach to engaging young people in philanthropy not only benefits the organizations receiving funding but also helps to cultivate a new generation of socially conscious and engaged citizens.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $37,908
  • Program Service Revenue: $18,928
  • Gross Receipts: $844,642

    • Assets and Liabilities:
  • Total Assets: $1,599,950
  • Total Liabilities: $61,974
  • Net Assets: $1,537,976
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Summer Camp Fees

    Revenue

    $18,928

    Organization Details

    Founding Year

    2008

    Principal Officer

    Roger F Grein

    Main Address

    9940 Reading Road, Cincinnati, OH, 45241

    NTEE Category

    Code: T50 - Philanthropy

    If you are a representative of Magnified Giving and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.