Richard And Ruth Lavine Family Foundation
- Assets
- $5.7m
- Revenue
- $1.7m
- Investments
- $5.6m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1991
- Data as of
- 06/2024
- EIN
- 95-4300271
Organization Overview
Richard And Ruth Lavine Family Foundation is located in Los Angeles, 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. Richard And Ruth Lavine 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 06/2024, Richard And Ruth Lavine Family Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $299.0k during the year ending 06/2024. While expenses have increased by 2.2% per year over the past 9 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 2015, Richard And Ruth Lavine Family Foundation has awarded 305 individual grants totaling $1,824,531. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth J Lavine President/director/chairman | 2 | $0 | |
Leonard Unger Secretary/treasurer/director | 5 | $0 | |
Catherine L Unger Vice President/director | 5 | $0 | |
Laura Dudley Director | 2 | $20,000 | |
Daniel Unger Director | 2 | $20,000 | |
Jack Dudley Director | 2 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,454,578 |
| Interest on Savings | $1,170 |
| Dividends & Interest | $135,909 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,088 |
| Capital Gain Net Income | $79,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$11,136 |
| Total Revenue | $1,659,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,511 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $693 |
| Total operating and administrative expenses | $125,804 |
| Contributions, gifts, grants paid | $173,200 |
| Total expenses and disbursements | $299,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,190 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $113,542 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,732,850 |
| 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, Richard And Ruth Lavine Family Foundation has awarded $173,200 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BRENNAN CENTER FOR JUSTICE PURPOSE: SCHOOL - TO REFORM, REVITALIZE, AND WHEN NECESSARY, DEFEND THE COUNTRY'S SYSTEMS OF DEMOCRACY AND JUSTICE. TO CONDUCT RIGOROUS RESEARCH TO IDENTIFY PROBLEMS AND CRAFT TRANSFORMATIVE SOLUTIONS. | $5,000 |
COMMUNITIES IN SCHOOLS OF LOS ANGELES PURPOSE: EDUCATION - GENERAL SUPPORT TO DECREASE SCHOOL DROPOUT RATES IN THE LOS ANGELES MIDDLE- AND HIGH SCHOOLS. | $2,500 |
DISABLED SPORTS EASTERN SIERRA PURPOSE: PROVIDING PEOPLE WITH DISABILITIES LIFE-CHANGING OUTDOOR RECREATION EXPERIENCES. | $500 |
EARLY CHILDHOOD CENTER OF WILSHIRE BLVD TEMPLE PURPOSE: LEARNING CENTER - TO NURTURE ENVIROMENTS OFFERING JEWISH VALUES AND EDUCATION TO YOUNG CHILDREN AND THEIR FAMILIES. TO DEVELOP CHILDREN'S SELF-ESTEEM, PROMOTE POSITIVE FEELINGS TOWARDS LEARNING, AND TO ENCOURAGE SOCIAL INTERACTION WITHIN A JEWISH SETTING. | $2,500 |
GRACE'S BASKETS FOUNDATION UCLA HEALTH SYSTEM PURPOSE: SUPPORT OF CHILDREN RECEIVING TREATMENT AT MATTEL CHILDREN'S HOSPITAL UCLA PEDIATRIC HEMATOLOGY/ONCOLOGY DEPARTMENT | $2,000 |
HEART OF LOS ANGELES PURPOSE: SERVE AND EMPOWER YOUTH IN THE LOS ANGELES RAMPART AND WESTLAKE NEIGHBORHOODS WITH TOOLS NECESSARY TO SUCCEED. | $2,000 |