Levenger Foundation Inc
- Assets
- $4.0m
- Revenue
- $145.8k
- Investments
- $3.9m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 65-0810176
Organization Overview
Levenger Foundation Inc is located in Delray Beach, FL. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Levenger Foundation 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 12/2022, Levenger Foundation Inc generated $145.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $186.8k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 8 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, Levenger Foundation Inc has awarded 91 individual grants totaling $464,864. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN THE BILINGUAL - JUST AS WE HUMANS HAVE THE CAPACITY FOR LANGUAGE, WE HAVE THE CAPACITY FOR MORE THAN ONE LANGUAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Leveen VP / Treasurer | 1 | $0 | |
Lori Leveen VP / Secretary | 1 | $0 | |
Calgary Leveen Board Member | 1 | $0 | |
Cory Leveen Board Member | 1 | $0 | |
Bob Schmier Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $107,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,745 |
| Capital Gain Net Income | $27,745 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,766 |
| Total Revenue | $145,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,985 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $15,485 |
| Printing and publications | $4,424 |
| Other expenses | $70,481 |
| Total operating and administrative expenses | $95,875 |
| Contributions, gifts, grants paid | $90,916 |
| Total expenses and disbursements | $186,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,423 |
| Savings and temporary cash investments | $0 |
| 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 | $3,903,743 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,957,166 |
| 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 | $250 |
| Total liabilities | $250 |
Grants Awarded
Over the last fiscal year, Levenger Foundation Inc has awarded $90,916 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CREA PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
ENGLISH TOGETHER PURPOSE: CHARITABLE CONTRIBUTION | $20,000 |
HOLBROOK COMMUNITY FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
MIDCOAST LITERACY PURPOSE: CHARITABLE CONTRIBUTION | $4,000 |
BOWDOIN COLLEGE PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
THE ARTS GARAGE PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |