Michael D Levin And Joanne Levin Foundation
- Assets
- $2.3m
- Revenue
- $85.8k
- Investments
- $2.3m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 09/2008
- Data as of
- 11/2023
- EIN
- 26-6157640
Organization Overview
Michael D Levin And Joanne Levin Foundation is located in Santa Monica, CA. The organization was established in 2008. 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. Michael D Levin And Joanne Levin 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 11/2023, Michael D Levin And Joanne Levin Foundation generated $85.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $142.4k during the year ending 11/2023. While expenses have increased by 3.9% 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.
Since 2015, Michael D Levin And Joanne Levin Foundation has awarded 175 individual grants totaling $895,600. 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 |
|---|---|---|---|
Michael Levin Manager | 0 | $0 | |
Joanne Levin Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,431 |
| Dividends & Interest | $143,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$60,664 |
| Capital Gain Net Income | $532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,656 |
| Total Revenue | $85,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,497 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,590 |
| Contributions, gifts, grants paid | $131,800 |
| Total expenses and disbursements | $142,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,760 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,346,253 |
| 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, Michael D Levin And Joanne Levin Foundation has awarded $131,800 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: CIVIL LIBERTIES LITIGATION/EDUCATION | $10,000 |
AMERICAN FRIENDS MAGEN DAVID ADOM PURPOSE: EMERGENCY MEDICAL SERVICES IN ISRAEL | $10,000 |
CHORDS 2 CURE PURPOSE: SUPPORT PEDIATRIC CANCER RESEARCH | $5,000 |
ELEM YOUTH IN DISTRESS PURPOSE: HELP FOR AT-RISK YOUTH | $10,000 |
JEWISH FEDERATION PURPOSE: HELP FOR THE NEEDY | $20,000 |
EMMAS TORCH PURPOSE: TO PROVIDE JOB TRAINING FOR HOMELESS | $2,500 |