Magbit Foundation

Magbit Foundation, located in Beverly Hills, California, is a nonprofit organization with a single employee dedicated to supporting Jewish causes and charities. To fulfill its mission, the foundation has allocated funds to various organizations such as P.E.F. Israel Endowment Funds, American Friends of Ariel University, and numerous universities and colleges. Magbit Foundation's primary objective is to provide aid and support to these Jewish causes, working towards the betterment of the community.

Magbit Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magbit Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

The Magbit Foundation's primary objective is to offer aid and support to various Jewish causes and charities. To accomplish this, the foundation has donated funds to numerous organizations such as P.E.F. Israel Endowment Funds, American Friends of Ariel University, and several universities and colleges. The foundation's mission is geared towards contributing to the Jewish community by providing financial assistance to relevant causes.

Sasha Farahi is the President of Magbit Foundation.

Magbit Foundation's revenue in 2022 was $1,679,698.

The average compensation at Magbit Foundation during 2022 was $120,000. There are 1 employees at Magbit Foundation.

Here are 8 key members and their salaries:

The Magbit Foundation’s most recent form 990 was submitted in 2022 and can be accessed here