LOUIS LEVIN FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LOUIS LEVIN FOUNDATION (EIN 22-6076671)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202443169349102324
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-11T15:48:41-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223393330PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NEUSCHATZ NEUSCHATZ HERMAN & HANKE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STAddressLine1Txt
CityRIDGEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07450ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN226076671EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUIS LEVIN FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O NEUSCHATZ NEUSCHATZ HERMAN HANKBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOUIBusinessNameControlTxt
Phone2013017700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STREETAddressLine1Txt
CityRIDGEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07450ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERWIN ROSEPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone2013017700PhoneNum
Signature2024-10-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC NEUSCHATZ CPAPreparerPersonNm
PTINP00954344PTIN
Phone2013017700PhoneNum
Preparation2024-10-29PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$484,142FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$12,440DividendsRevAndExpnssAmt
Dividends Net Invst Incm$12,440DividendsNetInvstIncmAmt
Dividends Adj Net Incm$12,440DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$28,413NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$182,485GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$28,413CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$28,413NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$40,853TotalRevAndExpnssAmt
Total Net Invst Incm$40,853TotalNetInvstIncmAmt
Total Adj Net Incm$40,853TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,750AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,750AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$3,750AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$378TaxesRevAndExpnssAmt
Taxes Net Invst Incm$378TaxesNetInvstIncmAmt
Taxes Adj Net Incm$378TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$3,045OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,045OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$3,045OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$7,173TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,173TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$7,173TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,715ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,715ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$20,888TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,173TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$7,173TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$13,715TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$19,965ExcessRevenueOverExpensesAmt
Net Investment Income$33,680NetInvestmentIncomeAmt
Adjusted Net Income$33,680AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$433,840SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$484,142SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$484,142SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$20,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$20,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$20,000OtherNtsAndLoansRcvblEOYAmt
Total Assets BOY$453,840TotalAssetsBOYAmt
Total Assets EOY$504,142TotalAssetsEOYAmt
Total Assets EOYFMV$484,142TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$453,840CapitalStockBOYAmt
Capital Stock EOY$504,142CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$453,840TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$504,142TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$453,840TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$504,142TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$453,840TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$19,965ExcessRevenueOverExpensesAmt
Other Increases$30,337OtherIncreasesAmt
Subtotal$504,142SubtotalAmt
Tot Net Ast Or Fund Balances EOY$504,142TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyRBC WEALTH MANAGEMENTPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$182,485GrossSalesPriceAmt
Cost Or Other Basis$154,072CostOrOtherBasisAmt
Gain Or Loss$28,413GainOrLossAmt
Gains Minus Excess Or Losses$28,413GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$28,413CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$28,413NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$468InvestmentIncomeExciseTaxAmt
Subtotal$468SubtotalAmt
Tax Based On Investment Income$468TaxBasedOnInvestmentIncomeAmt
Tax Due$468TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1NEUSCHATZ NEUSCHATZ HERMAN & HANKEBusinessNameLine1Txt
Business Name Line2LOUIS LEVIN FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Phone2013017700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STAddressLine1Txt
Address Line2C/O NNHH 124 PROSEPCT STAddressLine2Txt
CityRIDGEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07450ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionYes (true)ForeignAccountsQuestionInd
Foreign CountryCAForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DAVID ROSE
C/O NEUSCHATZ 124 PROSPECT STRIDGEWOODNJ07450PRESIDENT2.00$0$0$0
ERWIN ROSE
27 MOSSMAN ROADSUDBURYMA01776VICE PRESIDE1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$468TaxBasedOnInvestmentIncomeAmt
Total Tax$468TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,715ExpensesAndContributionsAmt
Qualifying Distributions$13,715QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$4,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$10,965ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$14,965TotalExcessDistributionCyovAmt
Qualifying Distributions$13,715QualifyingDistributionsAmt
Remaining Distri From Corpus$13,715RemainingDistriFromCorpusAmt
Total Corpus$28,680TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$28,680ExcessDistriCyovToNextYrAmt
Excess From Year4$4,000ExcessFromYear4Amt
Excess From Year2$10,965ExcessFromYear2Amt
Excess From Current Year$13,715ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDAVID ROSERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1NNHH CPASAddressLine1Txt
Address Line2124 PROSPECT STAddressLine2Txt
CityRIDGEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07450ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2013017700RecipientPhoneNum
Form And Info And MaterialsPROPOSALS FOR WHICH FUNDS WILL BE USEDFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsFUNDS USED FOR OLD AGE HOMES, ORPHANAGES, MEDICAL RESEARCH AND MEDICAL COLLEGESRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ST JUDE CHILDREN'S RESEARCH HOSPITA
501 ST JUDE PLACEMEMPHISTN38105IMPROVE LIVES OF CHILDREN$8,715
UNIV OF NO CAROLINA AT CHAPEL HILL
PO BOX 309CHAPEL HILLNC27514IMPROVE LIVES OF CHILDREN$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,715TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,440ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$28,413RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$12,440ExclusionAmt
Related Or Exempt Function Incm$28,413RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,853TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$3,750Amt
Net Investment Income$3,750NetInvestmentIncomeAmt
Adjusted Net Income$3,750AdjustedNetIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
MANAGEMENT FEES$2,956$2,956$2,956
ADMINISTRATIVE FEES$89$89$89

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescNET UNREALIZED GAINS (LOSSES)Desc
Amt$30,337Amt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp

Borrower Name BorrowerNameGrp

FieldValueIRS element (for citing)
PersonNOTES AND BONDS 1PersonNm
FieldValueIRS element (for citing)
Loan Original$20,000LoanOriginalAmt
Balance Due$20,000BalanceDueAmt
Interest0.0000InterestRt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX WITHHELDCategoryTxt
Amt$378Amt
Net Investment Income$378NetInvestmentIncomeAmt
Adjusted Net Income$378AdjustedNetIncomeAmt

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