Morris & Jules Levine Family Foundation
- Assets
- $1.1m
- Revenue
- $7.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- Hempstead, NY
- Founding
- 02/2000
- Data as of
- 11/2023
- EIN
- 13-4089821
Organization Overview
Morris & Jules Levine Family Foundation is located in Hempstead, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Morris & Jules Levine 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 11/2023, Morris & Jules Levine Family Foundation generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $39.6k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Morris & Jules Levine Family Foundation has awarded 114 individual grants totaling $325,887. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie R Levine Trustee | 0.1 | $0 | |
Benjamin J Levine Trustee | 0.25 | $0 | |
Douglas Livingston Trustee | 0.1 | $0 | |
Mark C Peltz Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,497 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$32,668 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,430 |
| Total Revenue | $7,259 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $956 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,106 |
| Contributions, gifts, grants paid | $35,500 |
| Total expenses and disbursements | $39,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $35,605 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,925 |
| Total assets | $1,057,164 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Morris & Jules Levine Family Foundation has awarded $35,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $1,000 |
JACKIEBOYS CREW FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
JDRF INTERNATIONAL PURPOSE: GENERAL SUPPORT | $1,000 |
KIDS FOR KIDS FOUNDATION INC PURPOSE: GENERAL SUPPORT | $1,000 |
SWIM ACROSS AMERICA INC PURPOSE: GENERAL SUPPORT | $1,000 |
LONG BEACH CHRISTMAS ANGEL PURPOSE: GENERAL SUPPORT | $2,500 |