MAGBIT Foundation

Our Impact

Every number here comes from MAGBIT's own reports. Every dollar has a name, a student, a family.

By the numbers

Impact at a Glance

$5,987,811Total support since Oct 7, 2023
$2.5MWired directly to widows, orphans, bereaved parents and injured soldiers
$995,911Interest-free loans in Israel
$338,500Interest-free loans in the U.S.
16,000+Students helped
33Partner universities
Source: MAGBIT impact report, March 2026.
The MAGBIT Model

How a Loan Becomes a Legacy

1
Give

A donor makes a gift.

2
Lend

It becomes an interest-free loan.

3
Study

A student earns a degree.

4
Repay

The student repays the loan.

5
Lend again

The same dollar helps the next student.

Emergency Relief

Israel Emergency Fund

Cases are vetted by a volunteer committee that includes senior defense officials. Funds go directly to recipients.

Give to Israel
Who is helped
  • Widows and orphans
  • Bereaved families
  • Wounded soldiers
  • Families who lost homes
Project Shalom at Bar-Ilan

Healing Wounded Soldiers

42wounded soldiers this year
$4,000per soldier per year for three years
Sponsor a Soldier's Year
Our Story

Timeline

Year to be confirmed

MAGBIT founded

Growth

Interest-free loans grow to 16,000+ students

Oct 7, 2023

Emergency Fund launched

2025

33rd Gala

~1,000 guests, $3M+ raised

2027

35th Gala

April 18, Beverly Hilton

Join Us

Give Forward. Change Generations.

Every gift becomes a loan, a lifeline and a legacy.

Give Now