MICHAEL AND ANDREA LEVEN FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- MICHAEL AND ANDREA LEVEN FAMILY FOUNDATION (EIN 27-4093841)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202143169349101724
- Schema version
- 2020v4.1
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T08:49:03-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274093841 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michael and Andrea Leven Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | MICH | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL LEVEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | LEVEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $663,853 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,745,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $337 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $337 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $11,779 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $11,779 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $198,118 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $708,979 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $198,119 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $3,750 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $2,958,984 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $210,235 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $170,856 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,020 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $168,836 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $2,731 | InterestRevAndExpnssAmt |
| Taxes Rev And Expnss | $702 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $7,141 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $7,141 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $495 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $495 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $18,002 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $18,002 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $199,927 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,022 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $194,474 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,337,647 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,337,647 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,537,574 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,022 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,532,121 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$578,590 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $208,213 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $124,885 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,987 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,987 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $762,102 | CorporateStockBOYAmt |
| Corporate Stock EOY | $560,353 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $406,017 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $467,519 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $202,860 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $245,849 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $1,354,506 | TotalAssetsBOYAmt |
| Total Assets EOY | $775,200 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $663,853 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $716 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $716 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,353,790 | RetainedEarningBOYAmt |
| Retained Earning EOY | $775,200 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,353,790 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $775,200 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,354,506 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $775,200 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,353,790 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$578,590 | ExcessRevenueOverExpensesAmt |
| Subtotal | $775,200 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $775,200 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly-traded Securities | $305,735 | $295,283 | $10,452 | $10,452 | |||
| HPC MILLENNIUM INT LTD D ESC | $19,109 | $10,511 | $8,598 | $8,598 | P | 2011-12-29 | 2020-02-14 |
| HPC MILLENNIUM INT LTD D ESC | $130,633 | $71,859 | $58,774 | $58,774 | P | 2011-12-29 | 2020-02-14 |
| HPC MILLENNIUM INT LTD D ESC | $131,335 | $71,860 | $59,475 | $59,475 | P | 2011-12-29 | 2020-05-14 |
| HPC MILLENNIUM INT LTD D ESC | $122,167 | $61,347 | $60,820 | $60,820 | P | 2011-12-29 | 2020-08-14 |
| RIVERVIEW (F/K/A AIP) SELECT MTG FND CAY LP | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $198,119 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,894 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $2,894 | SubtotalAmt |
| Tax Based On Investment Income | $2,894 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,520 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $6,520 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $3,626 | OverpaymentAmt |
| Applied To ES Tax | $2,900 | AppliedToESTaxAmt |
| Refund | $726 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Andrea Leven | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP, Dir | 1.0 | $0 | $0 | $0 |
| Jon Leven | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | VP | 1.0 | $0 | $0 | $0 |
| Michael A Leven | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Pres, Dir, Sec | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Development Specialists LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 Meadow Lane | AddressLine1Txt |
| City | Merion | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19066 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Philanthropic srvc | ServiceTypeTxt |
| Compensation | $87,086 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE JEWISH GIVING PLEDGE/JEWISH FUTURE PLEDGE - WILL SEEK TO HAVE JEWISH FAMILIES PLEDGE THAT 50% OF THEIR CHARITABLE DOLLARS TRANSFERRED AT DEATH WILL SUPPORT JEWISH CAUSES | Description1Txt |
| Expenses1 | $184,721 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $398,739 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $199,579 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $388,473 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $986,791 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $986,791 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $14,802 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $971,989 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $48,599 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $48,599 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,894 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,894 | TotalTaxAmt |
| Distributable Before Adj | $45,705 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $3,750 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $49,455 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $49,455 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,532,121 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,532,121 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,532,121 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $49,455 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr5 | $2,405,692 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,053,145 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,928,835 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $4,396,754 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,935,408 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,719,834 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,532,121 | QualifyingDistributionsAmt |
| Applied To Current Year | $49,455 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,482,666 | RemainingDistriFromCorpusAmt |
| Total Corpus | $21,202,500 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,405,692 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $18,796,808 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,053,145 | ExcessFromYear4Amt |
| Excess From Year3 | $3,928,835 | ExcessFromYear3Amt |
| Excess From Year2 | $4,396,754 | ExcessFromYear2Amt |
| Excess From Year1 | $3,935,408 | ExcessFromYear1Amt |
| Excess From Current Year | $3,482,666 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Andrea Leven | ContributingManagerNm |
| Contributing Manager | Michael A Leven | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (47 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALGEMEINER INC | |||||||
| 788 EASTERN PKWY | BROOKLYN | NY | 11213 | N/A | PC | Intern FUND at the Algemeiner | $25,000 |
| ALPHA EPSILON PI FOUNDATION INC | |||||||
| 8815 WESLEYAN RD | INDIANAPOLIS | IN | 46268 | N/A | PC | Alpha Epsilon Pi Michael A. Leven Advanced Leadership Institute PROGRAM | $183,000 |
| AMERICAN FRIENDS OF BEIT HATFUTSOT | |||||||
| 633 3RD AVE 21ST FLOOR | NEW YORK | NY | 10017 | N/A | PC | Faith and Culture film in support of the Museum of Jewish People at Beit Hatfutsot Project | $50,000 |
| AMERICAN FRIENDS OF I D C | |||||||
| 142 WEST 57TH ST 11TH FLOOR | NEW YORK | NY | 10019 | N/A | PC | Act.IL for the Boca Raton/ Miami Media Rooms project | $30,000 |
| AMERICAN FRIENDS OF THE ISRAEL SPORT CENTER FOR TH | |||||||
| 1 NORTHFIELD PLZ STE 300 | NORTHFIELD | IL | 60093 | N/A | PC | Atlanta Project: Adaptive Fitness Center and operating expense for ISCD | $100,000 |
| AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC | |||||||
| 220 E 42ND ST STE 400 | NEW YORK | NY | 10017 | N/A | PC | Entwine Program | $70,000 |
| AYN RAND INSTITUTE THE CENTER FOR THE ADVANCEMENT | |||||||
| 6 HUTTON CENTRE DR STE 600 | SANTA ANA | CA | 92707 | N/A | PC | Leven Foundation Student Conference fund | $125,000 |
| BNAI BRITH YOUTH ORGANIZATION INC | |||||||
| 800 8TH ST NW | WASHINGTON | DC | 20001 | N/A | PC | curriculum development and deployment for the BBYO Leadership Academy Program | $100,000 |
| BOSTON LATIN SCHOOL ASSOCIATION | |||||||
| 27 SCHOOL ST STE 300 | BOSTON | MA | 02108 | N/A | PC | Leven Athletics Transportation Fund | $7,500 |
| BOSTON LATIN SCHOOL ASSOCIATION | |||||||
| 27 SCHOOL ST STE 300 | BOSTON | MA | 02108 | N/A | PC | John White '64 Fund for Athletics | $5,000 |
| BOSTON LATIN SCHOOL ASSOCIATION | |||||||
| 27 SCHOOL ST STE 300 | BOSTON | MA | 02108 | N/A | PC | Director's salary fund | $34,647 |
| BOSTON LATIN SCHOOL ASSOCIATION | |||||||
| 27 SCHOOL ST STE 300 | BOSTON | MA | 02108 | N/A | PC | Viterbi-Leven Fund for Technology to provide technology support personnel at BLS | $50,000 |
| BRANDEIS UNIVERSITY | |||||||
| 60 TURNER ST | WALTHAM | MA | 02453 | N/A | PC | Jewish Futures Project | $75,000 |
| CENTER FOR ENTREPRENEURIAL JEWISH PHILANTHROPY | |||||||
| 435 STRATTON RD | NEW ROCHELLE | NY | 10804 | N/A | PC | General & Unrestricted | $75,000 |
| CLAL-THE NATIONAL JEWISH CENTER FOR LEARNING AND L | |||||||
| 440 PARK AVE SOUTH | NEW YORK | NY | 10016 | N/A | PC | Stand and See Fellowship fund | $75,000 |
| DELEGATION OF JEWISH AMERICAN STUDENTS | |||||||
| 4700 N RAVENSWOOD AVE | CHICAGO | IL | 60640 | N/A | PC | KAHAL Strategic Stabilization Fund | $50,000 |
| DELEGATION OF JEWISH AMERICAN STUDENTS | |||||||
| 4700 N RAVENSWOOD AVE | CHICAGO | IL | 60640 | N/A | PC | KAHAL Campus Scale Fund | $50,000 |
| FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC | |||||||
| PO BOX 33249 | WASHINGTON | DC | 20033 | N/A | PC | FDD's Center on Military and Political Power (CMPP), FDD's Center on Economic and Financial Power (CEFP) and Security Fund | $105,000 |
| FOUNDATION FOR THE DEFENSE OF DEMOCRACIES INC | |||||||
| PO BOX 33249 | WASHINGTON | DC | 20033 | N/A | PC | FDD's Center on Military and Political Power (CMPP) and FDD's Center on Economic and Financial Power (CEFP) | $100,000 |
| FOUNDATION OF THE HOSPITALITY SALES AND MARKETING | |||||||
| 7918 JONES BRANCH DR STE 300 | MCLEAN | VA | 22102 | N/A | SO I | Charitable Event | $100,000 |
| FUENTE LATINA INC | |||||||
| 7300 BISCAYNE BLVD STE 200 | MIAMI | FL | 33138 | N/A | PC | Fuente Latina's Miami Office Operations fund | $125,000 |
| HILLELS OF GEORGIA INC | |||||||
| 735 GATEWOOD RD NE | ATLANTA | GA | 30322 | N/A | PC | Campus SuperStar Appeal Program | $25,000 |
| INSTITUTE FOR HUMANE STUDIES | |||||||
| PO BOX 45951 | BALTIMORE | MD | 21297 | N/A | PC | Director of Placement Strategy Fund | $100,000 |
| INSTITUTE FOR HUMANE STUDIES | |||||||
| PO BOX 45951 | BALTIMORE | MD | 21297 | N/A | PC | Leven Fellowships Fund | $100,000 |
| INTERFAITHFAMILY COM INC | |||||||
| 14 BENS WAY | FRANKLIN | MA | 02038 | N/A | PC | InterfaithFamily/Atlanta Project | $90,000 |
| INTERFAITHFAMILY COM INC | |||||||
| 14 BENS WAY | FRANKLIN | MA | 02038 | N/A | PC | implementation of strategic plan and key pieces of infrastructure that require strengthening for achieving the organization's impact program | $115,000 |
| JERUSALEM FOUNDATION INC | |||||||
| 420 LEXINGTON AVE STE 1645 | NEW YORK | NY | 10170 | N/A | PC | Jerusalem Press Club | $40,000 |
| JEWISH COUNCIL FOR PUBLIC AFFAIRS | |||||||
| 25 BROADWAY | NEW YORK | NY | 10004 | N/A | PC | Emerging Leaders Program | $50,000 |
| JEWISH EDUCATION CENTER OF SOUTH FLORIDA INC | |||||||
| 500 NE SPANISH RIVER BLVD STE 15 | BOCA RATON | FL | 33431 | N/A | PC | Camp Nageela Boca fund | $12,500 |
| JEWISH EDUCATIONAL LOAN FUND INC | |||||||
| 4549 CHAMBLEE DUNWOODY RD | ATLANTA | GA | 30338 | N/A | PC | JELF's growth in South Florida | $50,000 |
| JEWISH JUMPSTART | |||||||
| 2801 OCEAN PARK BLVD 348 | SANTA MONICA | CA | 90405 | N/A | PC | JLens project of Jewish Jumpstart | $50,000 |
| KINGS COLLEGE | |||||||
| 56 BROADWAY | NEW YORK | NY | 10004 | N/A | PC | Michael and Andrea Leven Family Foundation Scholarship fund | $30,000 |
| KOL HANEARIM INC | |||||||
| 185 GREAT NECK ROAD STE 4D | GREAT NECK | NY | 11021 | N/A | PC | 2020 Scholarships fund for Jewish college students to staff Kol HaNearim summer programs at children's homes in Israel | $15,000 |
| MOISHE HOUSE | |||||||
| 441 SAXONY RD NO BARN 2 | ENCINITAS | CA | 92024 | N/A | PC | Moishe House Pods fund | $44,000 |
| NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY | |||||||
| 101 S INDEPENDENCE MALL E | PHILADELPHIA | PA | 19106 | N/A | PC | Educational Programming | $50,000 |
| P E F ISRAEL ENDOWMENT FUNDS INC | |||||||
| 630 THIRD AVE 15TH FLOOR | NEW YORK | NY | 10017 | N/A | PC | 90 Leven Fellows scholarships fund for the 2020-21 academic year at Hadassah Academic College, and supporting activities fund | $155,000 |
| P E F ISRAEL ENDOWMENT FUNDS INC | |||||||
| 630 THIRD AVE 15TH FLOOR | NEW YORK | NY | 10017 | N/A | PC | construction fund for the Study Center at Hadassah College | $125,000 |
| P E F ISRAEL ENDOWMENT FUNDS INC | |||||||
| 630 THIRD AVE 15TH FLOOR | NEW YORK | NY | 10017 | N/A | PC | IMPACT-se Palestinian curriculum campaign | $25,000 |
| PACE ACADEMY INC | |||||||
| 966 W PACES FERRY RD NW | ATLANTA | GA | 30327 | N/A | PC | Aim High Campaign in support of the Upper School and the Riverview Stadium Expansion Project | $100,000 |
| PRAGER UNIVERSITY FOUNDATION | |||||||
| 15021 VENTURA BLVD 552 | SHERMAN OAKS | CA | 91403 | N/A | PC | General & Unrestricted | $100,000 |
| ROBERT W WOODRUFF ARTS CENTER - ALLIANCE THEATRE | |||||||
| 1280 PEACHTREE ST NE | ATLANTA | GA | 30309 | N/A | PC | Alliance Theatre Campaign | $25,000 |
| SHABBAT PROJECT INC | |||||||
| 79 MADISON AVE 8TH FL | NEW YORK | NY | 10016 | N/A | PC | OneTable Friday night Shabbat dinner fund | $50,000 |
| SWC MUSEUM CORP | |||||||
| 1399 S ROXBURY DR | LOS ANGELES | CA | 90035 | N/A | PC | Museum of Tolerance - Jerusalem Project | $50,000 |
| THE JEWISH INSTITUTE FOR NATIONAL SECURITY OF AMER | |||||||
| 1101 14TH ST NW STE 1030 | WASHINGTON | DC | 20005 | N/A | PC | U.S.-Israel Security project | $100,000 |
| TURNING POINT USA INC | |||||||
| 4940 EAST BEVERLY RD | PHOENIX | AZ | 85044 | N/A | PC | Campus Leadership Project | $225,000 |
| UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA | |||||||
| 7200 W CAMINO REAL STE 214 | BOCA RATON | FL | 33433 | N/A | PC | Israel Summer Scholarship fund | $40,000 |
| YEHUDI INC | |||||||
| 3790 ROYAL PALM AVE | MIAMI BEACH | FL | 33140 | N/A | PC | The Michael and Andrea Leven Family Foundation Costa Rica Fellowships Program | $36,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,337,647 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $337 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,779 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $198,118 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GENERAL CONSULTATIONS FEE REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,750 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $213,984 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $213,984 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Leven Michael A | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7295 Ballantrae Court | AddressLine1Txt |
| City | Boca Raton | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33496 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $2,745,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HERSHA HOSPITALITY TRUST | $60,353 | $22,667 |
| HERSHA HOSPITALITY TRUST PFD E | $250,000 | $188,850 |
| HERSHA HOSPITALITY TRUST PREF | $250,000 | $194,500 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BLACKSTONE RE DEBT STRATEGIES | CategoryOrItemTxt |
| Book Value | $202,860 | BookValueAmt |
| EOYFMV | $245,849 | EOYFMVAmt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $3,337,647. This amount represents 25% or more of the Foundation's net assets of $1,620,180 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $9,653 | $9,653 |
| Office Supplies | $7,677 | $7,677 |
| Postage/Delivery Service | $533 | $533 |
| State or Local Filing Fees | $100 | $100 |
| Website Hosting/Support | $39 | $39 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | General Consultations Fee Refund | Desc |
| Revenue And Expenses Per Books | $3,750 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING OPTIONS | Desc |
| BOY Book Value | $716 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Management Services | $2,020 | $2,020 | |
| PHILANTHROPIC CONSULTING SRVCS | $168,836 | $168,836 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $700 | |
| Foreign Tax Paid | $2 | $2 |
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