Lev Avoth Foundation
- Assets
- $3.0m
- Revenue
- $43.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 01/2007
- Data as of
- 04/2024
- EIN
- 20-4819340
Organization Overview
Lev Avoth Foundation is located in Denver, CO. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lev Avoth 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 04/2024, Lev Avoth Foundation generated $43.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $111.8k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lev Avoth Foundation has awarded 97 individual grants totaling $858,040. 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 |
|---|---|---|---|
Isaac Grossman President | 5 | $0 | |
Dena Grossman Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,418 |
| Dividends & Interest | $3,572 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,601 |
| Capital Gain Net Income | $38,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $2,796 |
| Contributions, gifts, grants paid | $109,000 |
| Total expenses and disbursements | $111,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,430 |
| Savings and temporary cash investments | $269,817 |
| Net Accounts receivable | $10,000 |
| 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 | $2,723,079 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,031,326 |
| 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, Lev Avoth Foundation has awarded $320,050 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION OF LEV AVOTH PURPOSE: CHARITABLE | $25,050 |
LEV AVOTH FOUNDATION PURPOSE: CHARITABLE | $170,000 |
YESHIVA NACHLAS HATORAH PURPOSE: CHARITABLE | $125,000 |