Irving And Bernice Levine Charitable Foundation
- Assets
- $6.9m
- Revenue
- $302.6k
- Investments
- $6.2m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- Data as of
- 12/2023
- EIN
- 86-2568639
Organization Overview
Irving And Bernice Levine Charitable Foundation is located in Bethesda, MD. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Irving And Bernice Levine 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.
Since 2022, Irving And Bernice Levine Charitable Foundation has awarded 18 individual grants totaling $1,083,008. 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 |
|---|---|---|---|
Laurence Levine Trustee | 0 | $18,141 | |
Arthur Levine Trustee (until 2/27/23) | 0 | $18,141 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,834 |
| Interest on Savings | $156 |
| Dividends & Interest | $178,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $89,655 |
| Capital Gain Net Income | $89,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $302,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,282 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,821 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $712 |
| Total operating and administrative expenses | $119,059 |
| Contributions, gifts, grants paid | $391,680 |
| Total expenses and disbursements | $510,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $699,436 |
| 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 | $6,219,104 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,918,540 |
| 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, Irving And Bernice Levine Charitable Foundation has awarded $391,680 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM AND WOMEN'S HOSPITAL FBO CARDIOLOGY DEPT PURPOSE: CHARITABLE | $69,690 |
FOUNDATION FOR NEUROLOGIC DISEASES PURPOSE: CHARITABLE | $23,230 |
ISRAEL TENNIS CENTERS FOUNDATION INC PURPOSE: CHARITABLE | $92,920 |
NEW ENGLAND SENIOR TENNIS FOUNDATION PURPOSE: CHARITABLE | $20,000 |
UNITED STATES HOLOCAUST MEMORIAL COUNCIL PURPOSE: CHARITABLE | $92,920 |
MACCABI USA PURPOSE: CHARITABLE | $92,920 |