Public nonprofit record
MAGBIT FOUNDATION
EIN 95-4307648 · Unknown (Z99Z)
What they do
THE SPECIFIC PURPOSE of THE FOUNDATION is to PROVIDE AID to and to SUPPORT JEWISH CAUSES and CHARITIES.
Money
Tax year 2024Financial picture
Revenue$4,565,941
Expenses$2,221,220
Assets$5,351,330
Income$5,133,786
Contributions$4,952,645
Grants given$1,523,913
Average grant$28,221
Management$461,489
Executive compensation$145,000
Stocks and bonds$1,948,507
Accounting fees$5,540
About this charity
- Recognized since
- January 1991
- Location
- 9420 WILSHIRE BLVD 400, BEVERLY HILLS, CA 90212
- County
- Los Angeles
- In care of
- GINA ROFEEM
- Primary officer
- GINA ROFEEM, Executive Director
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- KELMAN & CHAN LLP
- NTEE classification
- Unknown (Z99Z)
- IRS tax category
- Grantmaking Foundations
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Activity
- 320000000
- Organization
- 1
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