Abraham And Sally Magid Family Foundation

Organization Overview

Abraham And Sally Magid Family Foundation is located in Garden City, NY. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abraham And Sally Magid Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Abraham And Sally Magid Family Foundation generated $125.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year.

Since 2016, Abraham And Sally Magid Family Foundation has awarded 46 individual grants totaling $151,056. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $106,299
Interest on Savings $2
Dividends & Interest $14,003
Net Rental Income$0
Net Gain on Sale of Assets $5,425
Capital Gain Net Income $5,425
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $125,729

Grants Awarded

Over the last fiscal year, Abraham And Sally Magid Family Foundation has awarded $41,448 in support to 10 organizations.

Grant RecipientAmount

JEWISH COMMUNAL FUND

Org PageRecipient Profile

New York, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$12,500

AMERICAN ENDOWMENT FOUNDATION

Org PageRecipient Profile

Hudson, OH

PURPOSE: UNRESTRICTED CONTRIBUTION

$12,500

THE CENTRAL FUND OF ISRAEL

Org PageRecipient Profile

Cedarhurst, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$7,500

PROJECT ASEREST INC

Org PageRecipient Profile

Forest Hills, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$5,000

SHELTER ROCK JEWISH CENTER

PURPOSE: UNRESTRICTED CONTRIBUTION

$1,873

NATIONAL COMMITTEE FOR FURTHERANCE OF JEWISH EDUCATION

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: UNRESTRICTED CONTRIBUTION

$1,000
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