OVERVIEW: The philanthropic arm of the real estate development company by natural extension seeks to support the communities in which it does business, with a focus on health, violence prevention, support of families, youth development and education.
IP TAKE: Health is a primary focus of this funder, with genuine attention to disease-related programs and causes. However, applicants must support work in one of its eight geographic areas.
PROFILE: Founded in 2002, the Majestic Realty Foundation is the philanthropic arm of Majestic Realty, a real estate development firm that specializes in building business parks “that serve communities.” By extension, it built a foundation to “enhance the quality of life” in those communities, with the recognition that “needs were growing rapidly.” It provides general operating and program support for organizations working in its five key focus areas: Youth, Education, Family, Health, and Violence Prevention.
Majestic Realty’s Health program is one of its largest focus areas. Although it does not detail its specific priorities on its website, recent tax filings show that the foundation strongly prioritizes cancer research in general, but also supports organizations concerned with a number of other diseases. Past grantees include Alzheimer’s Greater Los Angeles, the American Cancer Society, the American Diabetes Association, the American Heart Association, the Cystic Fibrosis Foundation, and the Muscular Dystrophy Association.
The Majestic Realty Foundation’s grants range from as little as $50 to just over $10,000. The foundation has no specific grant cycle and accepts Letters of Introduction year round.
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