: Verified by RoundPaper
Verified NonprofitLast Filed 2024EIN 95-4307648
Magbit Foundation
BEVERLY HILLS, CANTEE: Z99ZFounded 1991
BEVERLY HILLS, CANTEE: Z99ZFounded 1991
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BEVERLY HILLS, CANTEE: Z99ZFounded 1991
mission statement
The specific purpose of the foundation is to provide aid to and to support jewish causes and charities.
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$545K raised across 30 grants (2019–2024 filings)
Funders across 4 states (2019–2024 filings)
| Funder | Total Awarded |
|---|---|
| Jewish Communal Fund | $126,600 |
| The Zarabi Family Foundation | $92,760 |
| California Community Foundation | $82,000 |
| National Philanthropic Trust | $52,000 |
| Stefan Adelipour for Life Foundation | $40,000 |
| Miguel and Carmela Koenig Foundation | $30,000 |
| Tree of Love Foundation Inc | $25,000 |
| Jerome L Stern Family Foundation Inc | $20,000 |
| Yari Family Foundation | $20,000 |
| Pashaie Family Foundation | $11,500 |
Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.
$1.5M in expenses
$268K in expenses
Executive Director
Board Chair
Vice President
Vice President
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