Jerome Levy Foundation
- Assets
- $40.6m
- Revenue
- $1.9m
- Investments
- $40.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1958
- Data as of
- 12/2021
- EIN
- 13-6159573
Organization Overview
Jerome Levy Foundation is located in New York, NY. The organization was established in 1958. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jerome Levy 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, Jerome Levy Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 6 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, Jerome Levy Foundation has awarded 109 individual grants totaling $15,463,917. 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
FOR A PROJECT TO STABILIZE THE BLACK MANSION RUINS IN LEON LEVY PRESERVE, LEWISBORO, NY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby White Trustee | 1 | $0 | |
David Levy Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $452,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,433,994 |
| Capital Gain Net Income | $1,433,994 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $1,886,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $110,096 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $363,201 |
| Total operating and administrative expenses | $495,823 |
| Contributions, gifts, grants paid | $2,443,972 |
| Total expenses and disbursements | $2,939,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $339,573 |
| 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 | $40,231,788 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,571,361 |
| 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, Jerome Levy Foundation has awarded $2,443,972 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CITY COLLEGE NEW YORK THE PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $859,475 |
New York, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $703,913 |
Cold Spring Harbor, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $500,000 |
New York, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $130,000 |
New York, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $100,000 |
New York, NY PURPOSE: A GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Security Project Inc New York, NY | $8,566,805 | $9,565,463 |
Womens March Inc Brooklyn, NY | $718,292 | $3,624,981 |
Jerome Levy Foundation New York, NY | $40,571,361 | $1,886,136 |
Pennsylvania Voice Philadelphia, PA | $3,140,883 | $3,984,614 |
Studentsfirst New York Inc New York, NY | $2,677,249 | $1,921,916 |
Fair Factories Clearinghouse Inc Lexington, MA | $635,126 | $2,116,858 |
All Out Action Fund Inc Long Island City, NY | $2,179,491 | $2,419,145 |
Bagly Inc Boston, MA | $1,258,862 | $2,003,712 |
Free Press Action Fund Florence, MA | $823,216 | $847,721 |
Ai For The People Brooklyn, NY | $234,428 | $877,490 |
Oxfam America Action Fund Inc Boston, MA | $698,027 | $785,636 |
Death Penalty Action Ghent, NY | $5,645 | $424,043 |