Michael And Andrea Leven Family Foundation
- Assets
- $356.0k
- Revenue
- $681.9k
- Investments
- $263.2k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-4093841
Organization Overview
Michael And Andrea Leven Family Foundation is located in Wilmington, DE. The organization was established in 2011. 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. Michael And Andrea Leven 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 12/2021, Michael And Andrea Leven Family Foundation generated $681.9k 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 (4.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Michael And Andrea Leven Family Foundation has awarded 202 individual grants totaling $17,178,746. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JEWISH GIVING PLEDGE/JEWISH FUTURE PLEDGE - WILL SEEK TO HAVE JEWISH FAMILIES PLEDGE THAT 50% OF THEIR CHARITABLE DOLLARS TRANSFERRED AT DEATH WILL SUPPORT JEWISH CAUSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Leven Vp, Dir | 1 | $0 | |
Michael A Leven Pres, Dir, Sec | 1 | $0 | |
Jon Leven VP | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/16 | $69,262 |
Foundation Source | 12/30/16 | $53,347 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $583,750 |
| Interest on Savings | $30 |
| Dividends & Interest | $117,568 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,459 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $681,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,779 |
| Total operating and administrative expenses | $11,079 |
| Contributions, gifts, grants paid | $1,090,012 |
| Total expenses and disbursements | $1,101,091 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $92,785 |
| 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 | $202,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $355,998 |
| 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, Michael And Andrea Leven Family Foundation has awarded $1,090,012 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Natick, MA PURPOSE: TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN AND KEY PIECES OF INFRASTRUCTURE THAT REQUIRE STRENGTHENING FOR ACHIEVING THE ORGANIZATION'S IMPACT | $115,000 |
FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC PURPOSE: FDD'S CENTER ON MILITARY AND POLITICAL POWER (CMPP), FDD'S CENTER ON ECONOMIC AND FINANCIAL POWER (CEFP) | $100,000 |
Washington, DC PURPOSE: BBYO LEADERSHIP ACADEMY PROGRAM | $100,000 |
Washington, DC PURPOSE: U.S.-ISRAEL SECURITY PROJECT | $75,000 |
New Rochelle, NY PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
New York, NY PURPOSE: RABBIS WITHOUT BORDERS, GLEAN, AND STAND AND SEE FELLOWSHIP FUND | $62,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |