Bet Lev Foundation
- Assets
- $26.9m
- Revenue
- $6.3m
- Investments
- $11.3m
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 25-1905937
Organization Overview
Bet Lev Foundation is located in Castle Rock, CO. The organization was established in 2006. 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. Bet Lev 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, Bet Lev Foundation generated $6.3m in total revenue. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 62.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bet Lev Foundation has awarded 22 individual grants totaling $7,599,443. 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 |
|---|---|---|---|
Holly Lev President | 1.25 | $0 | |
David Brand Vice President | 1.25 | $0 | |
Steven Bookoff Secretary/treasurer | 15 | $0 | |
Elizabeth Morgan Vice President | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $281,360 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,976,508 |
| Capital Gain Net Income | $1,976,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,257,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $968 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,693 |
| Total operating and administrative expenses | $384,563 |
| Contributions, gifts, grants paid | $3,672,225 |
| Total expenses and disbursements | $4,056,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,582,920 |
| 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 | $11,330,349 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,913,269 |
| 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, Bet Lev Foundation has awarded $3,672,225 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AVADHUTA FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $10,000 |
SARTHAK FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT | $39,000 |
THE BHARATH ABHYUDAYA SEVA SAMITHI PURPOSE: GENERAL CHARITABLE SUPPORT | $20,000 |
THE CENTRAL FUND OF ISRAEL PURPOSE: GENERAL CHARITABLE SUPPORT | $35,000 |
AMERICAN RENEWABLE ENERGY INSTITUTE PURPOSE: GENERAL CHARITABLE SUPPORT | $22,000 |
THINKING POSITIVE A BRIGHTER FUTURE FOR AUSTRIALIAN YOUTH PURPOSE: GENERAL CHARITABLE SUPPORT | $58,725 |