The Levitin Family Charitable Trust
- Assets
- $8.8m
- Revenue
- $355.7k
- Investments
- $8.5m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 11-6496569
Organization Overview
The Levitin Family Charitable Trust is located in Brooklyn, NY. The organization was established in 1999. 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. Levitin Family Charitable Trust 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 12/2023, Levitin Family Charitable Trust generated $355.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $761.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Levitin Family Charitable Trust has awarded 415 individual grants totaling $3,235,898. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eli Levitin Trustee | 0 | $0 | |
Raizy Levitin Trustee | 0 | $0 | |
Eli Levitin Trustee | 0 | $0 | |
Raizy Levitin Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $228,433 |
| Interest on Savings | $69 |
| Dividends & Interest | $21,614 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $31,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105,563 |
| Total Revenue | $355,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $16,402 |
| Taxes | $13,919 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,419 |
| Total operating and administrative expenses | $37,740 |
| Contributions, gifts, grants paid | $723,940 |
| Total expenses and disbursements | $761,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,833 |
| 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 | $2,570 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,558,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,810,203 |
| 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, The Levitin Family Charitable Trust has awarded $1,447,880 in support to 172 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION TORAS CHAIM PURPOSE: COMMUNITY SUPPORT | $10,000 |
CONGREGATION TORAS CHAIM PURPOSE: COMMUNITY SUPPORT | $1,800 |
AMERICAN FRIENDS OF YESHIVA D'MIR PURPOSE: EDUCATION | $15,000 |
AIBB PURPOSE: CONGREGATION | $2,500 |
AMERICAN FRIENDS OF YESHIVA D'MIR PURPOSE: EDUCATION | $18,000 |
BROOKLYN JEWISH XPERIENCE PURPOSE: TROUBLED TEENS | $5,000 |