Lev Echad Foundation
- Assets
- $1.8m
- Revenue
- $35.4k
- Investments
- $502.5k
- Employees
- 0
- Location
- Inwood, NY
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 20-8068131
Organization Overview
Lev Echad Foundation is located in Inwood, NY. The organization was established in 2009. 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. Lev Echad 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, Lev Echad Foundation generated $35.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.5%) each year. All expenses for the organization totaled $14.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (38.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles-Edouard Gros Trustee | 0 | $0 | |
Sandy Gros Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63 |
| Capital Gain Net Income | $63 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,882 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $3,132 |
| Contributions, gifts, grants paid | $11,600 |
| Total expenses and disbursements | $14,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,307,588 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $50,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $63 |
| Total assets | $1,810,195 |
| 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 Echad Foundation has awarded $460,240 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS YAAKOV OF QUEENS PURPOSE: CHARITABLE | $2,150 |
CHAI LIFELINE PURPOSE: CHARITABLE | $14,080 |
CONG OHEL YITZCHOK PURPOSE: CHARITABLE | $33,000 |
CONG MIKVEH ISRAEL PURPOSE: CHARITABLE | $550 |
SKAHALB PURPOSE: CHARITABLE | $12,100 |
YESHIVA TIFERES MOSHE PURPOSE: CHARITABLE | $1,150 |