Magnusson Klemencic Associates Foundation

Nonprofit profile at a glance

EIN
812063837
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Seattle, WA, USA
Phone
2062921200
Rating
91
Verdict
STRONG
Rating confidence
Standard
Sector
Public Foundations

Reported finances

Revenue
$343,669
Expenses
$131,056

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Public Foundations

What it reported funding in 2025

The foundation reported 10 filed grant rows totaling $127,500. The stated grant purposes included a-101.3 this research project looks to advance methods for the efficient estimation of the reliability of post-elastic high-rise wind-excited structures within a performance-based design pbd for high-rise buildings. professor seymour spence is the principal investigator and is quoted as follows: current high-rise structural wind design is hampered by difficulties in efficiently modeling the post-elastic non-linear structural behavior of the system therefore leading to challenges in estimating the reliability of these systems against severe windstorms. this research seeks to define a new paradigm for solving this problem through the development of probabilistic dynamic shakedown frameworks for the inelastic analysis of wind-excited structures. these methods have the potential to provide tools that enable the rapid evaluation as compared to time-history integration of the post-elastic reliability of a wide class of high-rise structures., rga 02-21 this research seeks to develop and experimentally validate bolded splice details for composite plate shear walls-concrete filled cpsw-cf to enable nationwide application of this structural system. the use of cpsw-cf structures leverage steel pre-fabrication in the shop and stay-in-place formwork to reduce the time spent on site and accelerates the construction schedule. professor bruneau from the university of buffalo serves as the principal investigator., and a-104 the carbon results framework project: the goal of the ec3 tool project is to transform building construction by transparently measuring comparing and reducing embodied carbon emission from construction materials. each year the built environment contributes almost 40% of co2 emission worldwide and it is estimated that there will be a doubling of the amount of building floorspace in the next 40 years. at least half of the carbon footprint of these new building will take the form of embodied carbon in the emissions associated with the building construction including extracting transporting manufacturing and installing building materials. as a result owners designers engineers and contactors are turning their attention to building material seeking information on these products so they can make informed smart choices. the ec3 tool would enable the building industry to easily access and view material carbon emissions data., plus 7 other reported purposes.

Operating model

Revenue model
Donor-supported. 93% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 97
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 17

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 90th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 97.3%; rating input score 97; 91st percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 8.07; rating input score 17; 17th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 17th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 17/100.