Francis And Gertrude Levett Foundation
- Assets
- $27.4m
- Revenue
- $774.8k
- Investments
- $22.2m
- Employees
- 0
- Location
- Saint Petersburg, FL
- Founding
- 03/2001
- Data as of
- 11/2023
- EIN
- 59-3614021
Organization Overview
Francis And Gertrude Levett Foundation is located in Saint Petersburg, FL. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francis And Gertrude Levett 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 11/2023, Francis And Gertrude Levett Foundation generated $774.8k 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 (45.3%) each year. All expenses for the organization totaled $1.9m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Francis And Gertrude Levett Foundation has awarded 193 individual grants totaling $6,935,622. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabal Trust Company Co Trustee | 20 | $230,937 | |
Patricia Roth Co Trustee | 3 | $37,500 | |
Robert H Willis Jr Co Trustee | 3 | $37,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,455 |
| Dividends & Interest | $884,503 |
| Net Rental Income | $201,648 |
| Net Gain on Sale of Assets | -$366,027 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $774,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $305,937 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,643 |
| Depreciation | $49,615 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $23,339 |
| Printing and publications | $0 |
| Other expenses | $11,041 |
| Total operating and administrative expenses | $437,690 |
| Contributions, gifts, grants paid | $1,503,872 |
| Total expenses and disbursements | $1,941,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,916,725 |
| 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 | $3,291,973 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,364,260 |
| 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, Francis And Gertrude Levett Foundation has awarded $1,503,872 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY PREP CENTER OF ST PETERSBURG PURPOSE: ACADEMIC EDUCATION FOR LOW-INCOME MIDDLE SCHOOL CHILDREN | $71,125 |
JOHN HOPKINS ALL CHILDREN'S FOUNDATION PURPOSE: MEDICAL ADVANCEMENT FOR CHILDREN | $125,000 |
GUIDE DOG FOUNDATION FBO AMERICA'S VETDOGS PURPOSE: PLACING GUIDE DOGS WITH INDIVIDUALS WITH PHYSICAL INJURIES | $26,000 |
PETS FOR PATRIOTS PURPOSE: SERVICES FOR HOMELESS & ABUSED PETS | $1,500 |
INFINITE POTENTIAL LEARNING ACEDEMY INC PURPOSE: TRANSPORTATION FOR ACADEMIC EDUCATIONAL PROGRAM FOR LOW-INCOME CHILDREN | $51,000 |
YMCA OF GREATER ST PETERSBURG PURPOSE: SUPPORT FOR FACILITY FOR EDUCATION AND ACTIVITIES FOR CHILDREN | $83,333 |