LOUIS LEVIN FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LOUIS LEVIN FOUNDATION (EIN 22-6076671)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-29
IRS object ID
202133339349100363
Schema version
2020v4.0
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)
Return2021-11-29T12:35:43-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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
Signature2021-11-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstERWINPersonFirstNm
Person LastROSEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC NEUSCHATZ CPAPreparerPersonNm
PTINP00954344PTIN
Phone2013017700PhoneNum
Preparation2021-11-02PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$431,909FMVAssetsEOYAmt
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$11,741DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,741DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,741DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$27,258NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$242,696GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$27,258CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$27,258NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$1,063OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,063OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$1,063OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$40,062TotalRevAndExpnssAmt
Total Net Invst Incm$40,062TotalNetInvstIncmAmt
Total Adj Net Incm$40,062TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,500AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,500AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$3,500AccountingFeesAdjNetIncmAmt
Taxes Rev And Expnss$348TaxesRevAndExpnssAmt
Taxes Net Invst Incm$348TaxesNetInvstIncmAmt
Taxes Adj Net Incm$348TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$3,060OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,060OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$3,060OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$6,908TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,908TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$6,908TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$6,908TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,908TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$6,908TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$33,154ExcessRevenueOverExpensesAmt
Net Investment Income$33,154NetInvestmentIncomeAmt
Adjusted Net Income$33,154AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$424,927SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$431,909SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$431,909SavAndTempCashInvstEOYFMVAmt
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$444,927TotalAssetsBOYAmt
Total Assets EOY$451,909TotalAssetsEOYAmt
Total Assets EOYFMV$431,909TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$444,927CapitalStockBOYAmt
Capital Stock EOY$451,909CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$444,927TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$451,909TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$444,927TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$451,909TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$444,927TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$33,154ExcessRevenueOverExpensesAmt
Subtotal$478,081SubtotalAmt
Other Decreases$26,172OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$451,909TotNetAstOrFundBalancesEOYAmt

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$242,696GrossSalesPriceAmt
Cost Or Other Basis$215,438CostOrOtherBasisAmt
Gain Or Loss$27,258GainOrLossAmt
Gains Minus Excess Or Losses$27,258GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$27,258CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$27,258NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$461InvestmentIncomeExciseTaxAmt
Subtotal$461SubtotalAmt
Tax Based On Investment Income$461TaxBasedOnInvestmentIncomeAmt
Tax Due$461TaxDueAmt

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$461TaxBasedOnInvestmentIncomeAmt
Total Tax$461TotalTaxAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$4,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$10,000TotalExcessDistributionCyovAmt
Total Corpus$10,000TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$8,000ExcessDistriCyovToNextYrAmt
Excess From Year4$2,000ExcessFromYear4Amt
Excess From Year3$2,000ExcessFromYear3Amt
Excess From Year1$4,000ExcessFromYear1Amt

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,741ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,063RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$27,258RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,741ExclusionAmt
Related Or Exempt Function Incm$28,321RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$40,062TotalIncomeProducingActyAmt

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$3,500Amt
Net Investment Income$3,500NetInvestmentIncomeAmt
Adjusted Net Income$3,500AdjustedNetIncomeAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescNET UNREALIZED GAINS(LOSSES)Desc
Amt$26,172Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
EXPENSES
MANAGEMENT FEES$2,993$2,993$2,993
ADMINISTRATIVE FEES$67$67$67

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
Revenue And Expenses Per Books$1,063RevenueAndExpensesPerBooksAmt
Net Investment Income$1,063NetInvestmentIncomeAmt
Adjusted Net Income$1,063AdjustedNetIncomeAmt

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$348Amt
Net Investment Income$348NetInvestmentIncomeAmt
Adjusted Net Income$348AdjustedNetIncomeAmt

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