Lev Berel Inc

Organization Overview

Lev Berel Inc is located in Lakewood, NJ. The organization was established in 2013. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Lev Berel Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lev Berel Inc 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 12/2021, Lev Berel Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 1.6% 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, Lev Berel Inc has awarded 27 individual grants totaling $2,315,722. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LEV BEREL, INC. WAS FORMED TO PROMOTE EDUCATIONAL AND SOCIAL WELFARE INITIATIVES BY RAISING FUNDS FOR DISTRIBUTION TO SCHOOLS OF HIGHER JEWISH EDUCATION AND TALMUDIC RESEARCH LOCATED IN THE US AND ABROAD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTING EDUCATIONAL AND SOCIAL WELFARE INITIATIVES BY RAISING FUNDS FOR DISTRIBUTION TO SCHOOLS OF HIGHER JEWISH EDUCATION AND TALMUDIC RESEARCH LOCATED IN THE US AND ABROAD.


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Board, Officers & Key Employees

Name (title)Compensation
Raphael P Levy
Secretary
$0
Yisroel Marcus
VP
$0
Raphael Sternberg
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,616,432
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,616,432
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,616,432

Grants Awarded

Over the last fiscal year, Lev Berel Inc has awarded $151,693 in support to 4 organizations.

Grant RecipientAmount

MOSDOS OHR HATORAH

|

|

$78,565

ZICHRON ELIEZER

|

|

$53,128

CONG OHR MEIR

|

|

$14,000

Far Rockaway, NY

|

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Lev Berel Inc has recieved totaling $470,826.

Awarding OrganizationAmount
Toras Chesed Inc

Lakewood, NJ

PURPOSE: CHARITABLE

$159,738
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$92,930
Adar Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$70,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$54,450
Netzach Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Lcpv Foundation Inc

Monroe, NY

PURPOSE: SUPPORT

$11,000
View Grant Recipient Profile

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