Lebowitz Foundation
- Assets
- $5.1m
- Revenue
- $530.5k
- Investments
- $5.0m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3125936
Organization Overview
Lebowitz Foundation is located in Santa Monica, CA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Lebowitz 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 12/2021, Lebowitz Foundation generated $530.5k 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 (4.6%) each year. All expenses for the organization totaled $711.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lebowitz Foundation has awarded 105 individual grants totaling $2,294,778. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ORGANIZE PROGRAMS AND EVENTS THAT EXCLUSIVELY FURTHER ITS CHARITABLE PURPOSE.
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 |
|---|---|---|---|
Steven D Lebowitz Trustee | 1 | $0 | |
Deborah Lebowitz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18 |
| Dividends & Interest | $80,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $450,283 |
| Capital Gain Net Income | $450,283 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $530,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $324 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $254 |
| Total operating and administrative expenses | $73,019 |
| Contributions, gifts, grants paid | $638,500 |
| Total expenses and disbursements | $711,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,779 |
| Savings and temporary cash investments | $46,691 |
| 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 | $18,363 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,078,337 |
| 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, Lebowitz Foundation has awarded $531,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: TO CREATE PARTNERSHIPS TO PROVIDE RESOURCES AND PROGRAMS THAT HELP THE POLICE PERFORM AT THEIR HIGHEST LEVEL AND ENHANCE LAPD COMMUNITY RELATIONS. | $485,000 |
ARTS FAIRFAX PURPOSE: TO SUPPORT THE VISUAL ARTS AT FAIRFAX HIGH SCHOOL | $107,000 |
New York, NY PURPOSE: TO ORGANIZE THE MACCABIAH GAMES AND PROMOTE LEADERSHIP. | $15,000 |
USC LEONARD DAVIS SCHOOL OF GERONTOLOGY PURPOSE: TO PURSUE SCIENTIFIC BREAKTHROUGHS THAT IMPROVE THE PREVENTION AND TREATMENT OF DISEASES OF AGING. | $10,000 |
Los Angeles, CA PURPOSE: TO SUPPORT MENTAL HEALTH RESEARCH | $8,500 |
UNIVERSITY OF NEVADA RENO FOUNDATION PURPOSE: FACILITATE GIFTS, GRANTS FOR THE BENEFIT OF THE UNIVERSITY OF NEVADA AND ENHANCE THE QUALITY OF EDUCATION. | $8,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loma Linda - Inland Empire Consortium For Healthcare Educatio Loma Linda, CA | $13,392,456 | $70,891,145 |
The Larry Ellison Foundation Walnut Creek, CA | $37,551,478 | $41,100,114 |
The@bob And Margie Petersen Foundation Pasadena, CA | $667,659 | $2,230,866 |
H N And Frances C Berger Foundation Palm Desert, CA | $0 | $33,542,888 |
Nike Foundation Beaverton, OR | $18,150,265 | $37,684,992 |
Playworks Education Energized Oakland, CA | $24,126,538 | $37,991,341 |
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |