EIN 95-4307648

Magbit Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
1991
Most recent tax filings
2019-12
NTEE code, primary
Description
The specific purpose of the Foundation is to provide aid to and to support Jewish causes and charities.

Program areas at Magbit Foundation

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 p e f israel endowment funds, american friends of ariel university, sackler school of medicine, and many other universities and colleges.

Form 990s for Magbit Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-31990View PDF
2018-122019-12-13990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
2015-122017-02-23990View PDF
...and 5 more Form 990s

Who funds Magbit Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jewish Communal FundGeneral Support$43,000
 Subscribe to view██████$99,999
 Subscribe to view████ █████ ████$99,999
...and 4 more grants received

Grants made by Magbit Foundation

GranteeAmount
Sackler School of Medicine$37,500
 Subscribe to view$99,999
 Subscribe to view$99,999
 Subscribe to view$9,999
 Subscribe to view$9,999

Financials for Magbit Foundation

RevenuesFYE 12/2019
Total grants, contributions, etc.$1,525,718
Program services$0
Investment income and dividends$37,065
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-124
Net income from fundraising events$-407,712
Net income from gaming activities$31,673
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,186,620

Personnel at Magbit Foundation

NameTitleCompensation
Gina RofeemExecutive Director$111,827
Paul RahimianTreasurer$0
Sasha FarahiSecretary$0
 Subscribe to viewVice President$0
 Subscribe to viewPresident$0
...and 4 more key personnel

Organizations like Magbit Foundation

OrganizationLocationRevenue
Gurwin Jewish Healthcare FoundationCommack, NY$2,459,033
The Akanksha FundNew York, NY$2,453,933
The Linfield FoundationTemecula, CA$607,488
Mercy Health Foundation WashingtonWashington, MO$613,764
Arise FoundationSyracuse, NY$356,641
UJA Federation of GreenwichGreenwich, CT$2,331,872
Niagara Falls Memorial Medical Center FoundationNiagara Falls, NY$2,194,516
Chofetz Chaim Heritage FoundationSuffern, NY$4,868,391
Path Foundation PhilippinesPhilippines, $654,694
Legacytree FoundationBrentwood, TN$5,095,576
Foundation for Christian SchoolsKalispell, MT$373,042
National Christian Community FoundationPortland, OR$3,929,582
Mwebaza FoundationLongmont, CO$1,295,574
Thedacare Family of FoundationsAppleton, WI$4,584,480
The Holland Christian Home FoundationNorth Haledon, NJ$1,771,012
Horizons Foundation of Okaloosa CountyFort Walton Beach, FL$338,811
Brothers of Mercy Facilities FoundationClarence, NY$1,290,167
Mary Lanning Healthcare FoundationHastings, NE$1,076,107
Parkview FoundationPueblo, CO$835,613
Casa Esperanza Endowment FoundationAlbuquerque, NM$682,753
Suffolk Ahrc FoundationBohemia, NY$431,353
Hispanic Foundation of Silicon ValleySan Jose, CA$2,196,491
Greene Medical FoundationMiamisburg, OH$1,135,855
Baptist Health FoundationLittle Rock, AR$3,852,943
Clear Creek Education FoundationLeague City, TX$372,207
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$1,186,620
2019
Yearly growth
37.2%
% of revenues
n/a
Total expenses
$322,064
2019
Yearly growth
-48.6%
% of expenses
n/a
Total assets
$2,348,711
2019
Yearly growth
58%
% of assets
n/a
Num. employees
1
2019
Yearly growth
0%
% of total
n/a
General information
Address
433 N Camden Dr 4TH Floor
Beverly Hills, CA 90210
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
magbit.org/ 
Phone
(310) 273-2233
IRS details
EIN
95-4307648
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent