For over three decades, The Magbit Foundation, founded by leaders of the Los Angeles Jewish community, has been committed to fostering the future through education and support in times of need. Tax-exempt under section 501(c)(3) of the Internal Revenue Code, our foundation focuses on two key areas: providing aid in times of crisis and supporting higher education.

We believe in empowering students in Israel and the United States by providing them with the financial means to attain higher education. Each year, we offer hundreds of thousands of dollars in loans and scholarships to deserving and qualified students. These funds are carefully allocated by our dedicated volunteer student loan committee. The loans are repaid by the students, creating a cycle that allows the repaid funds to support a new cohort of students. This sustainable model ensures that every dollar donated continues to benefit generations of students.

Our commitment extends beyond education to immediate crisis response. In light of the recent tragic events on October 7th, where Israeli civilians were subjected to inhumane atrocities, we have initiated the “Israel at War” campaign. We are dedicating 100% of all proceeds from this campaign to provide direct support through humanitarian aid to Israelis in need, security forces, disabled veterans, medical organizations, mental care services, educational programs, and families affected by the attacks. This initiative underscores our dedication to protecting our shared homeland, Israel, and our shared future.

We invite you to join us in these efforts, whether by supporting educational empowerment or providing critical aid in times of unprecedented peril.