Grantmaking public charityEIN 954307648

MAGBIT FOUNDATION

BEVERLY HILLS, CA 90212

Total Assets

$5.4M

FY 2024

Annual Giving

$71K

FY 2024

Grants Made

6

FY 2024

Avg Grant

$12K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$268K

The specific purpose of the foundation is to provide aid to and to support jewish causes and charities. To carry out the foundation's exempt purpose, magbit foundation has provided funds to many universities and colleges.

Focus Areas

Unclassified

Financial Snapshot

2024 filing

Total Revenue

$4.6M

Total Expenses

$2.2M

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $627K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

38 grants

American Friends of Ariel Univer
$160K
2 grants
$73K
3 grants

Grant Size Distribution

38 grants

<$10K
22
grants
$10–50K
11
grants
$50–250K
3
grants
$250K–1M
2
grants
$1–5M
$5M+

Geographic Focus

7 states

New York
$847K
65% of total
California
$362K
28% of total
Florida
$44K
3% of total
Nebraska
$21K
2% of total
Massachusetts
$15K
1% of total
Illinois
$10K
1% of total
Colorado
$8K
1% of total

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MAGBIT FOUNDATION — Grants, Financials & Contact | Grantivo