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Grant funders / California / Magbit Foundation

Magbit Foundation

Beverly Hills, California  ·  EIN 954307648  ·  Private foundation

Based in Beverly Hills, California, Magbit Foundation has awarded $1.5M across 42 grants in our index of public IRS filings, with giving recorded as recently as 2024. Its largest grant on record went to Pef Israel Endowment Funds. This profile covers its focus areas, top grant recipients, year-by-year giving, and how a nonprofit should approach it.

$709K
Annual giving (FY2020)
$1.6M
Total assets
42
Grants tracked
2024
Most recent grant

What Magbit Foundation funds

Magbit Foundation's giving carries a documented focus on health care, higher education.

Health CareHigher Education

Grant history

The largest grants Bespoke Grants has on record for Magbit Foundation, by amount:

RecipientLocationGrantYear
Pef Israel Endowment FundsNew York, NY$375K2020
Pef Israel Endowment FundsNew York, NY$279K2018
Pef Israel Endowment FundsNew York, NY$101K2017
American Friends of Ariel UniverLos Angeles, CA$100K2020
American Friends of Ariel UniverLos Angeles, CA$60K2018
American Friends of Ariel UniverLos Angeles, CA$60K2017
Sackler School of MedicineNew York, NY$56K2020
American Friends of Or NationNew York, NY$50K2023
UC RegentsOakland, CA$31K2022
Sackler School of MedicineNew York, NY$30K2017
UC RegentsOakland, CA$27K2023
American Friends of MaagalimMiami Beach, FL$26K2023
Sackler School of MedicineNew York, NY$25K2018
Sackler School of MedicineNew York, NY$22K2022
Massachusetts Institute of TeCambridge, MA$15K2024

Magbit Foundation giving by year

Total grants Bespoke Grants has indexed for each filing year:

2017$197K
2018$389K
2020$627K
2022$69K
2023$150K
2024$70K

How to apply for funding from Magbit Foundation

Magbit Foundation's public IRS filing does not spell out a formal application process. Foundations of this size often give primarily to organizations they already know, so a concise letter of inquiry or a warm introduction is usually the best first contact — not a full proposal.

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Frequently asked questions about Magbit Foundation

Does Magbit Foundation accept grant applications?
Magbit Foundation's public filing does not specify an application process. A brief letter of inquiry or a warm introduction is usually the best first step with a private foundation of this size.
What does Magbit Foundation fund?
Magbit Foundation's grants focus on health care. Recent recipients include Pef Israel Endowment Funds, Pef Israel Endowment Funds, Pef Israel Endowment Funds. Its full grant history is listed above.
How much does Magbit Foundation give in grants?
Magbit Foundation reported $709K in grants in its most recent IRS filing (FY2020). Across all years in our data it has awarded $1.5M over 42 grants.
Where is Magbit Foundation located?
Magbit Foundation is based in Beverly Hills, California. Its IRS employer identification number (EIN) is 954307648.
How can I find foundations similar to Magbit Foundation?
Bespoke Grants matches your nonprofit against 225,000+ foundations like Magbit Foundation, ranking each by how well it fits your mission, location, and budget — with the reasoning shown. It is free to search.

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Foundations similar to Magbit Foundation

Other California grantmakers with overlapping priorities:

About this profile. This page is built from Magbit Foundation's public IRS Form 990-PF and 990 filings, indexed by Bespoke Grants alongside 13M+ grants from 225,000+ U.S. foundations. Grant figures reflect filings available to date; IRS data publishes on a 1–2 year lag. Bespoke Grants is not affiliated with Magbit Foundation. Always confirm current giving priorities and application procedures with the foundation directly before applying.