Levant Foundation
- Assets
- $194.3k
- Revenue
- $565.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 31-1637973
Organization Overview
Levant Foundation is located in Houston, TX. The organization was established in 1999. 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. Levant 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, Levant Foundation generated $565.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.8%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Levant Foundation has awarded 74 individual grants totaling $34,629,724. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Keever Chair, Director & President | 4 | $0 | |
John Howland Director | 1 | $0 | |
Michelle Upton Director | 1 | $0 | |
Deb Loscuito Treasurer | 1 | $0 | |
Marie Vajdak Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $565,000 |
| Interest on Savings | $91 |
| 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 | $0 |
| Total Revenue | $565,091 |
| 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 | $47,189 |
| Total operating and administrative expenses | $63,057 |
| Contributions, gifts, grants paid | $4,437,533 |
| Total expenses and disbursements | $4,500,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,285 |
| 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 | $1,016 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $177,000 |
| Total assets | $194,301 |
| Accounts payable and accrued expenses | $13,353 |
| 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 | $6,894 |
| Total liabilities | $20,247 |
Grants Awarded
Over the last fiscal year, Levant Foundation has awarded $5,083,458 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ADC RESEARCH INSTITUTE PURPOSE: EVENT SPONSORSHIP | $35,000 |
MUSEUM OF FINE ARTS HOUSTON PURPOSE: GENERAL SUPPORT | $35,000 |
FOUNDATION CENTRE ORTHODOXE PATRIARCAT PURPOSE: EDUCATIONAL PROGRAM DONATION | $165,680 |
UNICEF USA PURPOSE: GENERAL SUPPORT | $25,000 |
KELNA AYLEH FOUNDATION PURPOSE: GENERAL SUPPORT | $200,000 |
THE UNIVERSITY OF CONNECTICUT FOUNDATION INC PURPOSE: EDUCATIONAL PROGRAM | $500,000 |