Leon D Black Foundation is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leon D Black 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 12/2022, Leon D Black Foundation generated $822.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 11.8% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRINCIPAL ACTIVITY OF THE FOUNDATION IS THE PUBLICATION OF EDUCATIONAL BIOGRAPHIES IN COOPERATION WITH YALE UNIVERSITY PRESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leon D Black Director And President | 0.5 | $0 | |
Debra Black Director, Vice President And Treasurer | 0.5 | $0 | |
Ralph E Lerner Director And Secretary | 0.5 | $0 | |
Joshua M Black Director | 0.5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ileene Smith | 12/30/22 | $155,000 |
Anita Shapira | 12/30/22 | $75,000 |
Steven Zipperstein | 12/30/22 | $75,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800,062 |
| Interest on Savings | $38 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,051 |
| Total Revenue | $822,151 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $142 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $32,306 |
| Printing and publications | $0 |
| Other expenses | $1,536,146 |
| Total operating and administrative expenses | $1,576,963 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,576,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $196,885 |
| 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 | $196,885 |
| 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 |