Litvak Foundation

Organization Overview

Litvak Foundation is located in Bloomfield Hills, MI. The organization was established in 1985. 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. Litvak 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, Litvak Foundation generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $3.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (32.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Litvak Foundation has awarded 92 individual grants totaling $339,509. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO CHARITABLE ORGANIZATION.


DONATIONS TO CHARITABLE ORGANIZATION.


DONATIONS TO CHARITABLE ORGANIZATION.


DONATION TO CHARITBLE ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Alan T Ackerman
Pres
$0
Alan Ackerman
Secretary
$0
Alan T Ackerman
Treas
$0
Sharyl Ackerman
Director
$0
Elana Ackerman
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $2,066
Net Rental Income$0
Net Gain on Sale of Assets $1,349
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,415

Grants Awarded

Over the last fiscal year, Litvak Foundation has awarded $2,160 in support to 2 organizations.

Grant RecipientAmount

YIVO INSTITUTE FOR JEWISH RESEARCH

PURPOSE: STUDY OF EASTERN EUROPEAN JEWISH LIF

$360

FARBER HEBREW DAY SCHOOL

PURPOSE: RELIGIOUS EDUCATION DAY SCHOOL

$1,800
View Grant Profile

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David E Simon & Jacqueline S Simon Charitable Foundation
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Weingartz Family Foundation
Shelby Twp, MI
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Kelvin And Eleanor Smith Foundation
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Consumers Energy Foundation
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-$804,625
The D Dan And Betty Kahn Foundation
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$4,220,646

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