Morris & Lillie Leibowitz Charitable Trust 1120928
- Assets
- $1.9m
- Revenue
- $140.8k
- Investments
- $1.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 51-6024643
Organization Overview
Morris & Lillie Leibowitz Charitable Trust 1120928 is located in Wilmington, DE. The organization was established in 1973. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Morris & Lillie Leibowitz Charitable Trust 1120928 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 12/2023, Morris & Lillie Leibowitz Charitable Trust 1120928 generated $140.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $130.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Morris & Lillie Leibowitz Charitable Trust 1120928 has awarded 65 individual grants totaling $424,173. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,749 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,056 |
| Capital Gain Net Income | $76,056 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $140,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,529 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,005 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,554 |
| Contributions, gifts, grants paid | $108,805 |
| Total expenses and disbursements | $130,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,698 |
| 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 | $0 |
| Total assets | $1,929,678 |
| 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, Morris & Lillie Leibowitz Charitable Trust 1120928 has awarded $108,805 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: GENERAL PURPOSE | $10,000 |
WOMEN IN FILM & VIDEO DC PURPOSE: GENERAL PURPOSE | $5,000 |
TEMPLE ISRAEL OF HOLLYWOOD PURPOSE: BAY-NIMOY EARLY CHILDHOOD | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL PURPOSE | $10,000 |
WASHINGTON UNIVERSITY PURPOSE: D RABINOVITZ SCHOLARSHIP | $10,000 |
START RESCUE PURPOSE: GENERAL PURPOSE | $1,500 |