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The MAGBIT FOUNDATION is a 501(c)3 grantmaking organization that focuses its funding primarily in New York, California, and Nebraska, having awarded a total of $70.5K to 23 grantees in 2024. This foundation does not accept unsolicited proposals and engages in a relationship-based, invitation-only grantmaking process. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
THE SPECIFIC PURPOSE OF THE FOUNDATION IS TO PROVIDE AID TO AND TO SUPPORT JEWISH CAUSES AND CHARITIES.
Cause Areas
1
Unknown or not classified
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Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
PEF ISRAEL ENDOWMENT FUNDS INC
$567.1K
25%
AMERICAN FRIENDS OF ARIEL UNIVERSITY INC
$325.2K
15%
Sackler School of Medicine
$234.5K
11%
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Total No. of Grants
6
Median 1st year grant
$12.5K
Median 2nd year grant
$15K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to MAGBIT FOUNDATION?
No. MAGBIT FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does MAGBIT FOUNDATION give?
MAGBIT FOUNDATION primarily gives to organizations located in New York, California, and Nebraska. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are MAGBIT FOUNDATION’s grants?
The largest share of grants from MAGBIT FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $13 thousand. More detailed grant size data is available to registered users.
How many grants does MAGBIT FOUNDATION make each year?
In 2024, MAGBIT FOUNDATION awarded about 6 grants, totaling nearly $71 thousand. More detailed grant metrics are available to registered users.
Who did MAGBIT FOUNDATION fund recently?
In 2024, MAGBIT FOUNDATION awarded grants to about 20 grantees. Recent grantees include PEF ISRAEL ENDOWMENT FUNDS INC, AMERICAN FRIENDS OF ARIEL UNIVERSITY INC, and Sackler School of Medicine. More detailed information on all recent recipients is available to registered users.
How do we apply to MAGBIT FOUNDATION?
MAGBIT FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.