Donald Levin Family Foundation
- Assets
- $48.3m
- Revenue
- $2.9m
- Investments
- $43.3m
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 09/1985
- Data as of
- 09/2023
- EIN
- 36-3329401
Organization Overview
Donald Levin Family Foundation is located in Glenview, IL. The organization was established in 1985. 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. Donald Levin Family 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 09/2023, Donald Levin Family Foundation generated $2.9m 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 (12.0%) each year. All expenses for the organization totaled $3.6m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald Levin Family Foundation has awarded 41 individual grants totaling $24,347,000. 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 |
|---|---|---|---|
Donald Levin President, Director | 0 | $0 | |
Allan Kandelman Secretary, Director | 0 | $0 | |
Alan Berry Treasurer, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39,266 |
| Dividends & Interest | $1,102,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,789,472 |
| Capital Gain Net Income | $1,789,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,409 |
| Total Revenue | $2,944,105 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,618 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $348,566 |
| Contributions, gifts, grants paid | $3,243,000 |
| Total expenses and disbursements | $3,591,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,852 |
| Savings and temporary cash investments | $4,976,187 |
| 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 | $21,120 |
| Total assets | $48,290,346 |
| 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 | $15 |
| Total liabilities | $15 |
Grants Awarded
Over the last fiscal year, Donald Levin Family Foundation has awarded $3,243,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LOVE THEM ALL PURPOSE: UNRESTRICTED | $3,000,000 |
CONNECTICUT PUBLIC BROADCASTING PURPOSE: UNRESTRICTED | $5,000 |
PACC 911 PURPOSE: UNRESTRICTED | $238,000 |