THE MAGID FOUNDATION
Board Interlocks (1 shared directors)
Giving Philosophy
The foundation operates as a corporate foundation with a general community focus, supporting charitable causes across multiple sectors. As a mid-sized giver with broad community beneficiaries, it likely seeks to make meaningful impact through flexible giving to organisations addressing community needs.
Tips for Applicants
As a corporate foundation with general community focus, approach with well-structured proposals demonstrating clear community impact. Since no specific focus area is publicly stated, emphasise the charitable nature of your organisation and how funding will benefit the general community. Keep applications concise and focus on measurable outcomes.
Financial History (7 years)
| Year | Revenue | Expenses | Assets | Surplus |
|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $10.9M | $-159,509 |
| 2022 | $4.0M | $953K | $11.0M | $-5,214,463 |
| 2021 | $310K | $1.1M | $16.2M | $2.2M |
| 2020 | $989K | $2.0M | $14.0M | $-1,041,745 |
| 2019 | $624K | $3.9M | $15.1M | $-3,296,873 |
| 2018 | $4.8M | $1.8M | $18.4M | $3.0M |
| 2017 | $10.3M | $608K | $13.6M | $9.8M |
Community Evidence
External EvidenceIdentity
- GS ID
- AU-ABN-41923026961
- ABN
- 41923026961
- Financial Year
- 2023
Focus Areas
Board & Leadership (3)
- director
- director
- other
Financials
- Revenue
- $1.0M
- Assets
- $10.9M
Method
- Match Confidence
- registry
- Cross-references
- 2 datasets
- Match Key
- ABN
- Relationships
- 8
Matched by Australian Business Number (ABN) — high confidence. This entity was found across multiple government datasets using the same ABN.
Data Sources
JusticeHub
External LinkThis entity is also tracked in JusticeHub with 0 interventions and 0 evidence records.
External ecosystem profile linked from GrantScope for additional context. JusticeHub content is maintained separately.
View on JusticeHub