Sheldon L And Pearl R Leibowitz Dale Leibowitz Legacy Foundation is located in Madison, WI. The organization was established in 2014. 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. Sheldon L And Pearl R Leibowitz Dale Leibowitz Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
DONATIONS TO TAX-EXEMPT CHARITABLE ORGANIZATIONS AS REPORTED IN PART XV.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lmf Venture Llc Manager | 1 | $90,991 | |
Sheri Kole Trustee | 0.5 | $0 | |
Dale Leibowitz Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,413,444 |
Interest on Savings | $209 |
Dividends & Interest | $350,269 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $290,456 |
Capital Gain Net Income | $289,156 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $93,210 |
Total Revenue | $3,147,588 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $90,991 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $12,995 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $721 |
Printing and publications | $0 |
Other expenses | $81,915 |
Total operating and administrative expenses | $296,578 |
Contributions, gifts, grants paid | $1,279,125 |
Total expenses and disbursements | $1,575,703 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $944,525 |
Net Accounts receivable | $19,992 |
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 | $4,923,176 |
Total assets | $16,368,626 |
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 |
Over the last fiscal year, Sheldon L And Pearl R Leibowitz Dale Leibowitz Legacy Foundation has awarded $30,000 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: GENERAL | $5,000 |
Madison, WI PURPOSE: GENERAL | $5,000 |
Madison, WI PURPOSE: GENERAL | $5,000 |
Chicago, IL PURPOSE: GENERAL | $5,000 |
RECLAIM PURPOSE: GENERAL | $4,000 |
FROGTOWN GARDENS PURPOSE: GENERAL | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |