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MAGNIFICAT FOUNDATION INC
YONKERS, NY · EIN 272942525 · Form 990 · FY2024 · Small ($100K-$1M) · magnificatfoundation.org
revenue
$652K
expenses
$49K
net assets
$799K
employees
0
volunteers
12
program ratio
57%
mission · from form 990

TO PROMOTE EXPRESSIONS OF FAITH, PRAYER, AND DEVOTION

profile · synthesized from sources

The Magnificat Foundation promotes Catholic faith and devotion through prayer resources, events, and educational initiatives. It supports spiritual growth among Catholics by distributing free subscriptions to newlyweds, organizing prayer gatherings and lectures, and providing devotional materials to underserved populations. The organization operates nationally, emphasizing the integration of faith, beauty, and tradition in daily life.

named programs · 5 · from sources

What they call their work

Free One-Year Subscription for Newlyweds
Provides newly married Catholic couples with a free one-year subscription to Magnificat, a monthly devotional, to strengthen their spiritual life and commitment to the faith.
Magnificat Days
National prayer events that gather thousands of Catholics for a day of faith, beauty, and worship, broadcast live on EWTN and Catholic TV.
Magnificat Lectures
Seminars held at venues like NYU Catholic Center featuring renowned speakers discussing Catholic doctrine in relation to social, economic, and political issues.
Prayer Resource Distribution
Provides free Catholic prayer materials to seminarians, retired clergy, prisoners, military personnel, hospital patients, and others in need.
Relics Veneration Program
Organizes public veneration of relics of Saint Thérèse and Saints Louis and Zélie Martin to promote family sanctity, under special authorization from the Sanctuary of Lisieux.
activities · 3 groups

What they do

  • Regular Religious Worship Services 2 activities
    • Organizes annual Magnificat Days for prayer and faith
      Hosts large-scale gatherings of thousands of Catholics centered on prayer, faith, and beauty, with events broadcast live to millions through EWTN and Catholic TV.
    • Organizes public veneration of saints' relics
      Arranges public displays of the relics of Saint Thérèse and Saints Louis and Zélie Martin to promote the sanctity of family and married life.
  • Religious Support for Incarcerated Individuals 1 activity
    • Distributes Catholic prayer resources to underserved groups
      Provides Catholic prayer materials to individuals in need, including seminarians, retired clergy, religious orders, prisoners, active-duty military, women in distress, and hospital patients.
  • Uncategorized 2 activities
    • Provides free Magnificat subscriptions to newlyweds
      Offers free one-year subscriptions to the Magnificat prayer resource for couples married in the Catholic Church.
    • Sponsors Magnificat Lectures on faith and society
      Hosts public lectures featuring prominent speakers at venues such as New York University, exploring connections between Catholic doctrine and social, economic, and political issues.
financials · form 990 · fy2024
revenue
Total revenue$652K
Contributions & grants$648K99%
Program service revenue$00%
Investment income$3K1%
Other revenue$0
expenses
Total expenses$49K
Program expenses57%
Admin / overhead43%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$814K
Cash$496K
Investments$0
Liabilities$15K
Net assets$799K
Liquid reserves121.2 mo
5 years on record · 2020–2024 · YoY revenue +2083.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • ARCHDUKE RUDOLPH OF AUSTRIA — DIRECTOR
  • AXEL DEPINAY — DIRECTOR, CFO/TREASURER
  • BERNARDA NEAL thru 2124 — PRESIDENT
  • CHRISTOPHER BYRNES — SECRETARY
  • FOLEF VAN NISPEN TOT SEVENAER — DIRECTOR
  • JOHN CORCORAN — DIRECTOR
  • Matthew Kelsey from 42024 — DIRECTOR
  • PATRICK BAUGIER DE CHEVESTRE — DIRECTOR
  • PIERRE-MARIE DUMONT — PRESIDENT
  • ROMAIN LIZE — DIRECTOR
  • ROMANUS CESSARIO — CHAIRMAN
  • VINCENT MONTAGNE — DIRECTOR
relationships · 4

Who they work with

  • Catholic TV Partner — Broadcasts Magnificat Days live to millions of viewers.
  • EWTN Partner — Broadcasts Magnificat Days live to millions of viewers.
  • New York University Catholic Center Partner — Hosts Magnificat Lectures featuring world-renowned speakers.
  • Sanctuary of Lisieux Partner — Grants special entrustment for the public veneration of the relics of Saint Thérèse and Saints Louis and Zélie Martin.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Mary-Centered Spiritual Formation
    methodology: mary-centered-spirituality
    By centering spiritual practice on Mary's Magnificat, we foster deep commitment to the Catholic faith and transformative engagement with truth, beauty, and goodness, because modeling discipleship on Mary’s joyful surrender produces a holistic and enduring way of life.