Donald Levin Family Foundation
- Assets
- $48.9m
- Revenue
- $4.3m
- Investments
- $47.5m
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 09/1985
- Data as of
- 09/2022
- 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 09/2022, Donald Levin Family Foundation generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $2.7m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald Levin Family Foundation has awarded 44 individual grants totaling $23,305,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Levin President, Director | 0 | $0 | |
Alan Berry Treasurer, Director | 0 | $0 | |
Allan Kandelman Secretary, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $567 |
| Dividends & Interest | $930,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,382,897 |
| Capital Gain Net Income | $3,382,898 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,314,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55,261 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $484 |
| Total operating and administrative expenses | $398,992 |
| Contributions, gifts, grants paid | $2,289,500 |
| Total expenses and disbursements | $2,688,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,509 |
| Savings and temporary cash investments | $1,367,098 |
| 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 | $24,739 |
| Total assets | $48,937,807 |
| 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 $2,289,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ASU FOUNDATION PURPOSE: UNRESTRICTED | $2,000,000 |
LEARN CHARTER SCHOOL NETWORK PURPOSE: UNRESTRICTED | $129,000 |
MAYO CLINIC PURPOSE: UNRESTRICTED | $125,000 |
PACC 911 PURPOSE: UNRESTRICTED | $30,000 |
ORPHANS OF THE STORM ANIMAL SHELTER PURPOSE: UNRESTRICTED | $5,000 |
BACK TO BASICS PROJECT PURPOSE: UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |