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MAGBIT FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MAGBIT FOUNDATION (EIN 95-4307648)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202543219349308844
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T10:06:42-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Disaster ReliefLOS ANGELES COUNTY FIREDisasterReliefTxt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954194379PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KELMAN & CHAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line123622 Calabasas Rd Ste 350AddressLine1Txt
CityCalabasasCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91302ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954307648EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAGBIT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAGBBusinessNameControlTxt
Phone3102732233PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19420 WILSHIRE BLVD 400AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGINA ROFEEMPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNATALYA GOLDLISTPreparerPersonNm
PTINP01344812PTIN
Phone8185919094PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

US Address USAddress

FieldValueIRS element (for citing)
Address Line19420 WILSHIRE BLVD 400AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,133,786GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE SPECIFIC PURPOSE OF THE FOUNDATION IS TO PROVIDE AID TO AND TO SUPPORT JEWISH CAUSES AND CHARITIES.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$1,325,139PYContributionsGrantsAmt
CY Contributions Grants$4,952,645CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$73,140PYInvestmentIncomeAmt
CY Investment Income$181,141CYInvestmentIncomeAmt
PY Other Revenue$9,275PYOtherRevenueAmt
CY Other Revenue-$567,845CYOtherRevenueAmt
PY Total Revenue$1,407,554PYTotalRevenueAmt
CY Total Revenue$4,565,941CYTotalRevenueAmt
PY Grants And Similar Paid$505,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,759,731CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$292,128PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$346,858CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$52,762PYOtherExpensesAmt
CY Other Expenses$114,631CYOtherExpensesAmt
PY Total Expenses$850,390PYTotalExpensesAmt
CY Total Expenses$2,221,220CYTotalExpensesAmt
PY Revenues Less Expenses$557,164PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,344,721CYRevenuesLessExpensesAmt
Total Assets BOY$3,009,129TotalAssetsBOYAmt
Total Assets EOY$5,351,330TotalAssetsEOYAmt
Total Liabilities BOY$3,101TotalLiabilitiesBOYAmt
Total Liabilities EOY$581TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,006,028NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,350,749NetAssetsOrFundBalancesEOYAmt
MissionTHE SPECIFIC PURPOSE OF THE FOUNDATION IS TO PROVIDE AID TO AND TO SUPPORT JEWISH CAUSES AND CHARITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,492,131ExpenseAmt
Grant$1,492,131GrantAmt
Revenue$3,041,666RevenueAmt
DescThe "Israel at War and Iron Swords" campaigns proceeds are channeled to empower and uplift the Israeli community through verified and impactful initiatives and to the unattended cases of thousands of social workers whose daily job is to meet the impacted individuals, bereaved families of hostages, and injured and fallen soldiers in Israel.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$267,600ExpenseAmt
Grant$267,600GrantAmt
Revenue$1,813,059RevenueAmt
DescTHE SPECIFIC PURPOSE OF THE FOUNDATION IS TO PROVIDE AID TO AND TO SUPPORT JEWISH CAUSES AND CHARITIES. TO CARRY OUT THE FOUNDATION'S EXEMPT PURPOSE, MAGBIT FOUNDATION HAS PROVIDED FUNDS TO MANY UNIVERSITIES AND COLLEGES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,759,731TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMAGBIT FOUNDATIONPersonNm
Phone3102732233PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19420 WILSHIRE BLVD 400AddressLine1Txt
CityBEVERLY HILLSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90212ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GINA ROFEEM
EXECUTIVE DIREC40.000.00Yes (X)Yes (X)$124,186$0$0
Dora Nazarian
Chairman1.000.00Yes (X)Yes (X)$0$0$0
Peter Cohen
Vice President1.000.00Yes (X)Yes (X)$0$0$0
Doran Adhami
Vice President1.000.00Yes (X)Yes (X)$0$0$0
Ebrahim Simhaee
Chairman1.000.00Yes (X)Yes (X)$0$0$0
PAUL RAHIMIAN
Treasurer1.000.00Yes (X)Yes (X)$0$0$0
Hank Dayani
President1.000.00Yes (X)Yes (X)$0$0$0
Emily Khalili
Secretary1.000.00Yes (X)Yes (X)$0$0$0
Tiffany Mikail Bensadigh
Vice President1.000.00Yes (X)Yes (X)$0$0$0
Josh Simhaee
Treasurer1.000.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$124,186TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$2,801,162FundraisingAmt
All Other Contributions$2,151,483AllOtherContributionsAmt
Total Contributions$4,952,645TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$181,141TotalRevenueColumnAmt
Related Or Exempt Func Income$181,141RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$2,801,162ContriRptFundraisingEventAmt
Fundraising Direct Expenses$567,845FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$567,845TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,565,941TotalRevenueColumnAmt
Related Or Exempt Func Income$181,141RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$82,100TotalAmt
Program Services$82,100ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$52,999TotalAmt
Program Services$52,999ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,624,632TotalAmt
Program Services$1,624,632ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$124,186TotalAmt
Management And General$124,186ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$214,145TotalAmt
Management And General$214,145ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,527TotalAmt
Management And General$8,527ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,183TotalAmt
Management And General$9,183ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,540TotalAmt
Management And General$5,540ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,100TotalAmt
Management And General$6,100ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$512TotalAmt
Management And General$512ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,965TotalAmt
Management And General$8,965ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
outide sevices$32,700$32,700
WEBSITE$19,011$19,011
CREDIT CARD PROCESSING FEES$16,034$16,034
BANK CHARGES$13,504$13,504

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,082TotalAmt
Management And General$3,082ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,221,220TotalAmt
Program Services$1,759,731ProgramServicesAmt
Management And General$461,489ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$663,543BOYAmt
EOY$1,774,554EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,855,987BOYAmt
EOY$1,571,686EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$14,186BOYAmt
EOY$22,975EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,000BOYAmt
EOY$24,500EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,480LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,480BOYAmt
EOY$7,480EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$455,933BOYAmt
EOY$1,948,507EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$1,628EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,009,129BOYAmt
EOY$5,351,330EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,101BOYAmt
EOY$581EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,101BOYAmt
EOY$581EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,546,124BOYAmt
EOY$4,869,030EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$459,904BOYAmt
EOY$481,719EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,006,028BOYAmt
EOY$5,350,749EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,009,129BOYAmt
EOY$5,351,330EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,344,721ReconcilationRevenueExpnssAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$126,379CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$107,220CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,138,511CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,325,139CurrentTaxYearMinus1YearAmt
Current Tax Year$4,952,645CurrentTaxYearAmt
Total$8,649,894TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$126,379CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$107,220CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,138,511CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,325,139CurrentTaxYearMinus1YearAmt
Current Tax Year$4,952,645CurrentTaxYearAmt
Total$8,649,894TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$8,649,894PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,279CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,780CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,468CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$73,140CurrentTaxYearMinus1YearAmt
Current Tax Year$181,141CurrentTaxYearAmt
Total$295,808TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$21,279CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,780CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,468CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$73,140CurrentTaxYearMinus1YearAmt
Current Tax Year$181,141CurrentTaxYearAmt
Total$295,808TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$147,658CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$109,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,156,979CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,398,279CurrentTaxYearMinus1YearAmt
Current Tax Year$5,133,786CurrentTaxYearAmt
Total$8,945,702TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96690PublicSupportCY509Pct
Public Support PY5090.97220PublicSupportPY509Pct
Investment Income CY0.03310InvestmentIncomeCYPct
Investment Income PY0.02780InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$459,904BeginningYearBalanceAmt
Investment Earnings Or Losses$21,815InvestmentEarningsOrLossesAmt
End Year Balance$481,719EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$441,900BeginningYearBalanceAmt
Investment Earnings Or Losses$18,004InvestmentEarningsOrLossesAmt
End Year Balance$459,904EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$467,664BeginningYearBalanceAmt
Investment Earnings Or Losses-$25,813InvestmentEarningsOrLossesAmt
End Year Balance$441,851EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$467,713BeginningYearBalanceAmt
Investment Earnings Or Losses$1,590InvestmentEarningsOrLossesAmt
End Year Balance$469,303EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$446,983BeginningYearBalanceAmt
Investment Earnings Or Losses$19,140InvestmentEarningsOrLossesAmt
End Year Balance$466,123EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$7,480InvestmentCostOrOtherBasisAmt
Book Value$7,480BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,480TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCREDIT CARD PAYABLEDesc
Amt$581Amt
FieldValueIRS element (for citing)
Total Liability$581TotalLiabilityAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
ISRAEL00GRANTS AND SCHOLARSHIPS$117,500
ISRAEL00CHARITY$742,697
FieldValueIRS element (for citing)
Subtotal Spent$860,197SubtotalSpentAmt
Total Spent$860,197TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (16 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
ISRAELCHARITY$100,000WIRE
ISRAELCHARITY$100,000WIRE
ISRAELCHARITY$100,000WIRE
ISRAELCHARITY$100,000WIRE
ISRAELCHARITY$100,000WIRE
ISRAELCHARITY$20,000WIRE
ISRAELCHARITY$20,000WIRE
ISRAELCHARITY$22,697WIRE
ISRAELCHARITY$30,000WIRE
ISRAELCHARITY$40,000WIRE
ISRAELCHARITY$50,000WIRE
ISRAELCHARITY$60,000WIRE
ISRAELSCHOLARSHIP$10,000WIRE
ISRAELSCHOLARSHIP$12,500WIRE
ISRAELSCHOOLARSHIP$15,000WIRE
ISRAELSCHOOLARSHIP$80,000WIRE
FieldValueIRS element (for citing)
Total Other Org16TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPTypeOfAssistanceTxt
RegionISRAELRegionTxt
Recipient270RecipientCnt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart III, Line 1 - Estimated Number of RecipientsFormAndLineReferenceDesc
Explanation270ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$2,703,242GrossReceiptsEvent1Amt
Charitable Contri Event1$2,703,242CharitableContriEvent1Amt
Rent Facility Costs Event1$304,419RentFacilityCostsEvent1Amt
Food And Beverage Event1$37,000FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$167,290OtherDirectExpensesEvent1Amt
Event2MPIREEvent2Nm
Gross Receipts Event2$97,920GrossReceiptsEvent2Amt
Charitable Contri Event2$97,920CharitableContriEvent2Amt
Rent Facility Costs Event2$46,947RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$12,189OtherDirectExpensesEvent2Amt
Gross Receipts Total$2,801,162GrossReceiptsTotalAmt
Charitable Contributions Tot$2,801,162CharitableContributionsTotAmt
Rent Fclty Costs Total Events$351,366RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$37,000FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$179,479OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$567,845DirectExpenseSummaryEventsAmt
Net Income Summary-$567,845NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtRecipient EINRecipientEIN
Chamberlain University
Dept CH 17477PalatineIL60055$10,000$0
Creighton University
2500 California PlazaOmahaNE68178$13,000$0470376583
Massachusetts Institute of Te
77 Massachusetts Ave 11-120CambridgeMA02139$15,000$0042103594
Stanford University
Bursar 415 Broadway 2nd FlRedwood CityCA94063$10,000$0941156365
UC Regents
1111 Franklin Street 8th FlOaklandCA94607$15,000$0943067788
University of Colorado
13120 E 19th Ave Room 2120AuroraCO80045$7,500$0846000555
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org6TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeEducational grantsGrantTypeTxt
Recipient7RecipientCnt
Cash Grant$53,000CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bREVIEW BY THE BOARD OF DIRECTORS AND TREASURER
Form 990, Part VI, Section C, Line 19No documents available to the public.