Barbara & Jerry Levin Charitable Foundation
- Assets
- $730.6k
- Revenue
- $50.3k
- Investments
- $706.5k
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 56-2227885
Organization Overview
Barbara & Jerry Levin Charitable Foundation is located in Charlotte, NC. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Barbara & Jerry Levin Charitable 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 12/2023, Barbara & Jerry Levin Charitable Foundation generated $50.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $59.4k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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, Barbara & Jerry Levin Charitable Foundation has awarded 182 individual grants totaling $378,692. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome L Levin President | 2 | $0 | |
Barbara Levin Secretary/treasurer | 2 | $0 | |
Nancy L Kipnis Director | 2 | $0 | |
Bruce Levin Director | 2 | $0 | |
Linda Goldsmith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66 |
| Dividends & Interest | $30,507 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,690 |
| Capital Gain Net Income | $3,361 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,052 |
| Total Revenue | $50,315 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $749 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,749 |
| Contributions, gifts, grants paid | $56,695 |
| Total expenses and disbursements | $59,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,227 |
| Savings and temporary cash investments | $22,192 |
| 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 | $628 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $730,569 |
| 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, Barbara & Jerry Levin Charitable Foundation has awarded $56,695 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLOTTE JEWISH FAMILY SERVICES PURPOSE: GENERAL PURPOSE | $6,800 |
TEMPLE ISRAEL PURPOSE: GENERAL PURPOSE | $14,778 |
CHARLOTTE SYMPHONY PURPOSE: GENERAL PURPOSE | $500 |
RAMAH DAROM PURPOSE: GENERAL PURPOSE | $4,000 |
CHARLOTTE FEDERATION OF JEWISH CHARITIES PURPOSE: GENERAL PURPOSE | $16,009 |
AMERICAN TECHNION SOCIETY PURPOSE: GENERAL PURPOSE | $500 |