BEVERLY HILLS, CA
Magbit Foundation
Quick Facts
- EIN
- 95-4307648
- Location
- BEVERLY HILLS, CA
- NTEE Code
- Z99Z
- Total Assets
- $5.4M
- Annual Income
- $5.1M
- Annual Revenue
- $4.6M
- IRS Ruling Year
- 1991
- Tax Subsection
- 501(c)(03)
About This Organization
Magbit Foundation is a nonprofit organization based in BEVERLY HILLS, CA. It received its IRS tax-exempt ruling in 1991. The organization is classified under IRC Section 501(c)(03). Total assets are reported at $5.4M. Annual income is $5.1M. The organization has received $51K in foundation grants from 6 funders.
Grants Received from Foundations
Foundation grants awarded to Magbit Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Lippman Family Foundation | $10K | 2023 | CHARITABLE |
| Miguel And Carmela Koenig Foundation | $5K | 2023 | CHARITY |
| Rjh Foundation Inc. | $5K | 2023 | GENERAL SUPPORT |
| Pashaie Family Foundation | $3K | 2023 | CHARITABLE DONATION |
| David And Meredith Kaplan Foundation | $10K | 2022 | IN HONOR OF BEN NAZARIAN |
| Pashaie Family Foundation | $6K | 2022 | CHARITABLE DONATION |
| Pashaie Family Foundation | $6K | 2022 | CHARITABLE DONATION |
| Rosalinde And Arthur Gilbert Foundation | $3K | 2022 | GENERAL OPERATING SUPPORT |
| Rosalinde And Arthur Gilbert Foundation | $3K | 2022 | GENERAL OPERATING SUPPORT |
Frequently Asked Questions
What does Magbit Foundation do?
Magbit Foundation is a nonprofit organization based in BEVERLY HILLS, CA. It is classified under IRC Section 501(c)(03).
Who funds Magbit Foundation?
Magbit Foundation has received foundation grants from Lippman Family Foundation, Miguel And Carmela Koenig Foundation, Rjh Foundation Inc., and others.
What is Magbit Foundation's annual revenue?
Magbit Foundation reports total assets of $5.4M. Annual income is $5.1M.
Where is Magbit Foundation located?
Magbit Foundation is located in BEVERLY HILLS, CA.
Is Magbit Foundation a 501(c)(3)?
Yes, Magbit Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 95-4307648. Donations to this organization may be tax-deductible.
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