Daffy

Magnum Cultural Foundation

Magnum Cultural Foundation

New York, NY 10003
Tax ID45-0573269

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$1,169,708

Expenses

$1,309,443

Mission

Mentor the next generation of photographers and have impact on historical/contemporary photography

About

Major program services include: providing financial support to photographers to document issues of local, national, or global concern before they reach crisis proportions, with a focus on subjects that have not received the attention they deserve; increasing the impact of documentary photography by connecting photographers and their work with nonprofit organizations and individuals committed to social change; training the next generation of image-makers and giving awards to outstanding young photographers committed to documentary work; and preserving and making accessible significant documentary collections.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “To support, train, and mentor the next generation of photographers and to increase the impact of both historical and contemporary documentary photography in the digital age.”.

When detailing its responsibilities, they were listed as: “Mentor the next generation of photographers and have impact on historical/contemporary photography”.

  • The state in which the non-profit is legally permitted to operate is DE.
  • The address of the non-profit for 2020 according to the filing is 59 EAST 4TH STREET NO 7W, NEW YORK, NY, 10003.
  • The number of employees reported by the non-profit on their form as of 2020 is 7.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$139,735.
  • The organization has 11 independent voting members.
  • The organization was formed in 2007.
  • The organization pays $467,730 in salary, compensation, and benefits to its employees.
  • The organization pays $80,668 in fundraising expenses.