Craig & Carrie Levering Charitable Foundation
- Assets
- $4.4m
- Revenue
- $542.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-1999350
Organization Overview
Craig & Carrie Levering Charitable Foundation is located in Dallas, TX. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Craig & Carrie Levering Charitable 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, Craig & Carrie Levering Charitable Foundation generated $542.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $755.4k during the year ending 12/2022. While expenses have increased by 15.8% per year over the past 7 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 2016, Craig & Carrie Levering Charitable Foundation has awarded 78 individual grants totaling $4,111,838. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig R Levering Director | 0 | $0 | |
Carrie A Levering Director | 0 | $0 | |
Christen Levering Redlich Director | 0 | $0 | |
Courtney R Levering Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $3,347 |
| Dividends & Interest | $39,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $542,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $921 |
| Contributions, gifts, grants paid | $754,500 |
| Total expenses and disbursements | $755,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $897,861 |
| Savings and temporary cash investments | $3,539,545 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $4,500 |
| 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 | $0 |
| Total assets | $4,441,906 |
| 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, Craig & Carrie Levering Charitable Foundation has awarded $754,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GEROGE W BUSH PRESIDENTIAL CENTER PURPOSE: EDUCATION COMMUNITY OUTREACH | $20,000 |
HIGHLAND PARK UNITED METHODIST CHUR PURPOSE: RELIGIOUS - GENERAL FUND | $5,000 |
ST MARKS SCHOOL OF TEXAS PURPOSE: EDUCATION | $125,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: EDUCATION | $300,000 |
TEXAS SCOTTISH RITE HOSPITAL PURPOSE: HEALTHCARE COMMUNITY OUTREACH | $1,000 |
THE SWEETHEART BALL INC PURPOSE: SUPPORT AND FUND OTHER CHARITABLE ORGANIZATIONS | $98,000 |