The Lisle Corporation Magnetic Funnel Holder, No. 50240, is able to accommodate various style and size funnels and stores the funnel without a mess. Two neodymium magnets hold the funnel on ferrous metal surfaces without slipping. The holder collects residual fluids as they drain into the 12 oz. reservoir and allows the funnel to sit slightly angled to clear any mounting surface. Users simply grab and twist the holder to break loose from the surface to pour out any excess fluids. Interior ribs prevent the funnel from touching the fluids at the bottom of the holder. The holder is translucent and made of polypropylene for durability.