Leichtag Foundation
- Assets
- $81.5m
- Revenue
- $4.4m
- Investments
- $55.4m
- Employees
- 0
- Location
- Encinitas, CA
- Founding
- 09/1991
- Data as of
- 09/2023
- EIN
- 33-0466189
Organization Overview
Leichtag Foundation is located in Encinitas, CA. The organization was established in 1991. 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. Leichtag 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 09/2023, Leichtag Foundation generated $4.4m 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 (8.7%) each year. All expenses for the organization totaled $11.1m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leichtag Foundation has awarded 1,629 individual grants totaling $38,570,083. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEICHTAG FOUNDATION MAKES CONTRIBUTIONS TO PRE-SELECTED CHARITIES THAT INSPIRE VIBRANT JEWISH LIFE, ADVANCE SELF-SUFFICIENCY, AND STIMULATE SOCIAL ENTREPRENEURSHIP.
THE FOUNDATION IS SUPPORTING PROGRAMS AND EDUCATIONAL ACTIVITIES INSPIRED BY ANCIENT JEWISH TRADITIONS THAT CONNECT PEOPLE TO COMMUNITY, FOOD, THE LAND AND SOCIAL JUSTICE. THESE TRADITIONS AND VALUES ARE AS MEANINGFUL AND RELEVANT TODAY AS THEY HAVE BEEN OVER THOUSANDS OF YEARS. THEY ARE ALSO THE BASIS OF OUR DEEP COMMITMENT TO THE PRINCIPLES OF FOOD JUSTICE INCLUDING ACCESS TO FRESH, HEALTHY, AFFORDABLE AND CULTURALLY-APPROPRIATE FOOD FOR ALL; FAIR TREATMENT OF WORKERS; AND COMPASSIONATE TREATMENT OF ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Einhorn Vice Chair | 2 | $4,000 | |
James Farley Chairperson, President & CEO | 40 | $527,115 | |
Leo Spiegel Director | 2 | $4,000 | |
Charlene Seidle Secretary, Executive VP | 40 | $325,532 | |
Angelica Berrie Director | 2 | $6,000 | |
Leilani Rasmussen Treasurer, VP Finance & Operations | 40 | $279,141 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allied Universal | 9/29/23 | $343,530 |
Verus | 9/29/23 | $101,833 |
Procopio Cory Hargreaves & Savitch Llp | 9/29/23 | $99,421 |
Francis Cleaning Services | 9/29/23 | $85,370 |
Moss Adams | 9/29/23 | $83,573 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $144,107 |
| Interest on Savings | $13,634 |
| Dividends & Interest | $969,089 |
| Net Rental Income | $2,427,400 |
| Net Gain on Sale of Assets | $745,615 |
| Capital Gain Net Income | $745,615 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $119,247 |
| Total Revenue | $4,419,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,239,790 |
| Other employee salaries and wages | $1,874,470 |
| Pension plans, employee benefits | $563,360 |
| Interest | $0 |
| Taxes | $330,039 |
| Depreciation | $870,664 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $125,571 |
| Printing and publications | $0 |
| Other expenses | $1,747,172 |
| Total operating and administrative expenses | $7,089,296 |
| Contributions, gifts, grants paid | $4,029,142 |
| Total expenses and disbursements | $11,118,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,669,710 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $997,697 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $56,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,597 |
| Net Investments - land, buildings, equipment | $23,323,427 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,549,494 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $81,527,220 |
| Accounts payable and accrued expenses | $987,690 |
| Grants payable | $4,834,035 |
| 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 | $5,821,725 |
Grants Awarded
Over the last fiscal year, Leichtag Foundation has awarded $4,029,142 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
70 FACES MEDIA PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
ALLIANCE SAN DIEGO PURPOSE: GENERAL OPERATING SUPPORT | $100 |
ADVANCING STUDENTS FORWARD PURPOSE: TO SUPPORT SAN DIEGO GIVES COM | $100 |
AMERICAN ART THERAPY ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $500 |
AMERICAN PUBLIC GARDENS ASSOCIATION PURPOSE: LEICHTAG FOUNDATION ANNUAL MEM | $2,136 |
AMERICAN JEWISH JOINT DIST COMMITTEE PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |