MAGBIT FOUNDATION
Data sourced from IRS 990 public filings
MAGBIT FOUNDATION THE SPECIFIC PURPOSE OF THE FOUNDATION IS TO PROVIDE AID TO AND TO SUPPORT JEWISH CAUSES AND CHARITIES.
Annual Revenue
$4,565,941
Known Funders
10
Grants Received
17
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4,565,941 | $2,221,220 | $5,351,330 |
| 2023 | $1,407,554 | $850,390 | $3,009,129 |
| 2022 | $1,679,698 | $501,357 | $2,448,864 |
| 2021 | $100,182 | $400,623 | $1,273,743 |
| 2020 | $139,133 | $914,775 | $1,572,243 |
| 2019 | $1,186,620 | $322,064 | $2,348,711 |
| 2018 | $864,629 | $626,083 | $1,486,324 |
| 2017 | $1,002,948 | $713,274 | $1,243,933 |
Top Funders
NEW YORK, NY
JENKINTOWN, PA
NEW YORK, NY
CHATSWORTH, CA
LOS ANGELES, CA
RANCHO SANTE FE, CA
BEVERLY HILLS, CA
NEW YORK, NY
CHATSWORTH, CA
CHATSWORTH, CA
Key Personnel
From 2024 IRS 990 filing
Josh Simhaee
Treasurer
Tiffany Mikail Bensadigh
Vice President
Emily Khalili
Secretary
Hank Dayani
President
PAUL RAHIMIAN
Treasurer
Ebrahim Simhaee
Chairman
Doran Adhami
Vice President
Peter Cohen
Vice President
Dora Nazarian
Chairman
GINA ROFEEM
EXECUTIVE DIREC
Frequently Asked Questions
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