William S And Ina Levine Foundation
- Assets
- $27.3m
- Revenue
- $1.7m
- Investments
- $18.7m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 86-0866703
Organization Overview
William S And Ina Levine Foundation is located in Phoenix, AZ. The organization was established in 1997. 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. William S And Ina Levine 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 12/2022, William S And Ina Levine Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William S And Ina Levine Foundation has awarded 224 individual grants totaling $10,518,291. 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.
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 |
|---|---|---|---|
William S Levine President/director | 0.25 | $0 | |
Jay David Levine Director | 0.1 | $0 | |
Jonathan Levine Director | 0.1 | $0 | |
Julie Schoen Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $328,253 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,685 |
| Capital Gain Net Income | $37,685 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,336,238 |
| Total Revenue | $1,702,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,095 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,309 |
| Total operating and administrative expenses | $57,151 |
| Contributions, gifts, grants paid | $1,435,900 |
| Total expenses and disbursements | $1,493,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,550,435 |
| 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 | $11,934,667 |
| Investments—other | $2,328,325 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,257,359 |
| 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, William S And Ina Levine Foundation has awarded $1,435,900 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BARROW NEUROLOGICAL FOUNDATION PURPOSE: IVY BRAIN TUMOR CENTER | $25,000 |
BETH JACOB CONGREGATION PURPOSE: OPERATIONAL SUPPORT | $7,500 |
BETH JOSEPH CONGREGATION PURPOSE: OPERATIONAL SUPPORT | $10,000 |
BUREAU OF JEWISH EDUCATION PURPOSE: PASSAGES SERIES | $18,000 |
BETH JOSEPH CONGREGATION PURPOSE: OPERATIONAL SUPPORT | $7,500 |
CAREER CONCEPTS FOR YOUTH PURPOSE: OPERATIONAL SUPPORT | $16,500 |