Frances And Jack Levy Foundation
- Assets
- $1.5m
- Revenue
- $323.6k
- Investments
- $1.4m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2002
- Data as of
- 06/2024
- EIN
- 13-7279189
Organization Overview
Frances And Jack Levy Foundation is located in Palm Beach, FL. The organization was established in 2002. 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. Frances And Jack 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 06/2024, Frances And Jack Levy Foundation generated $323.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $585.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frances And Jack Levy Foundation has awarded 291 individual grants totaling $1,424,803. 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 |
|---|---|---|---|
Frances Levy Trustee | 0.25 | $0 | |
Jack Levy Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,875 |
| Interest on Savings | $2,735 |
| Dividends & Interest | $85,982 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $226,983 |
| Capital Gain Net Income | $226,983 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $323,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,863 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $264 |
| Total operating and administrative expenses | $15,002 |
| Contributions, gifts, grants paid | $570,011 |
| Total expenses and disbursements | $585,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,664 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,486,355 |
| 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, Frances And Jack Levy Foundation has awarded $570,011 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: GENERAL OPERATING PURPOSES | $4,400 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES | $2,500 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES | $2,500 |
CENTRAL SYNAGOGUE PURPOSE: GENERAL OPERATING PURPOSES | $35,000 |
FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: GENERAL OPERATING PURPOSES | $1,000 |
HAMILTON COLLEGE PURPOSE: GENERAL OPERATING PURPOSES | $20,000 |