Levie Family Foundation
- Assets
- $1.1m
- Revenue
- $67.5k
- Investments
- $55.4k
- Employees
- 0
- Location
- Chino Valley, AZ
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 86-0857811
Organization Overview
Levie Family Foundation is located in Chino Valley, AZ. The organization was established in 1997. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Levie 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, Levie Family Foundation generated $67.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 60.5% each year . All expenses for the organization totaled $88.3k during the year ending 12/2021. While expenses have increased by 53.9% 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 2018, Levie Family Foundation has awarded 11 individual grants totaling $195,700. 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 LEVIE FOUNDATION MAKES PERIODIC CHARITABLE CONTRIBUTIONS TO QUALIFIED CHARITIES WHICH IS CHOSEN BY THE FOUNDATION'S BOARD OF DIRECTORS. THERE ARE NO SPECIFIC PROGRAMS IN PLACE THAT REQUIRE OR
REALIZE ANY PROGRAM RELATED EXPENSES. ANY EXPENSES INCURRED BY THE FOUNDATION ARE OF A GENERAL NATURE AND NOT RELATED TO ANY SPECIFIC PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dewey J Levie Secretary/treasurer | 0 | $0 | |
Rae Levie President | 0 | $0 | |
Tonya Childers , Vice President | 0 | $0 | |
Michelle Morris Director | 0 | $0 | |
Shauna Duke Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,095 |
| Interest on Savings | $3,167 |
| Dividends & Interest | $569 |
| Net Rental Income | $12,005 |
| Net Gain on Sale of Assets | $18,647 |
| Capital Gain Net Income | $18,647 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,224 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,166 |
| Total operating and administrative expenses | $4,290 |
| Contributions, gifts, grants paid | $84,000 |
| Total expenses and disbursements | $88,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,403 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $27,087 |
| 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 | $5,997 |
| Net Land, buildings, and equipment | $1,001,259 |
| Other assets | $0 |
| Total assets | $1,120,172 |
| 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, Levie Family Foundation has awarded $62,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LDS CHURCH PURPOSE: PROGRAM UTILIZATION | $50,000 |
LDS CHURCH PURPOSE: PROGRAM UTILIZATION | $7,000 |
Paulden, AZ PURPOSE: PROGRAM UTILIZATION | $3,000 |
Provo, UT PURPOSE: PROGRAM UTILIZATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |
Childrens Legal Services Of San Diego San Diego, CA | $3,320,083 | $4,712,343 |
United Labor Agency Of Nevada Inc Las Vegas, NV | $492,532 | $3,236,061 |
David And Molly Pyott Foundation Avon, CO | $9,634,209 | $3,719,915 |
Springboard Social Enterprises Ladera Ranch, CA | $181,465 | $2,640,885 |
The Moonridge Foundation Las Vegas, NV | $1,474,323 | $2,560,150 |
Commission On Eliminating Harassment And Advancing Equality Santa Monica, CA | $1,601,546 | $2,132,862 |
Iola Foundation Los Angeles, CA | $3,984,891 | $4,070,092 |