BETA

LOUIS LEVIN FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
LOUIS LEVIN FOUNDATION (EIN 22-6076671)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202003219349100945
Schema version
2019v5.0
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)
Return2020-11-16T06:33:33-08:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223393330PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NEUSCHATZ NEUSCHATZ HERMAN & HANKE CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STAddressLine1Txt
CityRIDGEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP074504406ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN226076671EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOUIS LEVIN FOUNDATIONBusinessNameLine1Txt
Business Name Line2CO NEUSCHATZ NEUSCHATZ HERMAN HANKE&LLPBusinessNameLine2Txt
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
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC NEUSCHATZ CPAPreparerPersonNm
PTINP00954344PTIN
Phone2013017700PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$424,927FMVAssetsEOYAmt
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$10,970DividendsRevAndExpnssAmt
Dividends Net Invst Incm$10,970DividendsNetInvstIncmAmt
Dividends Adj Net Incm$10,970DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$9,844NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$92,467GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$9,844CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$16,125NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$728OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$21,542TotalRevAndExpnssAmt
Total Net Invst Incm$20,814TotalNetInvstIncmAmt
Total Adj Net Incm$27,095TotalAdjNetIncmAmt
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$468TaxesRevAndExpnssAmt
Taxes Net Invst Incm$468TaxesNetInvstIncmAmt
Taxes Adj Net Incm$468TaxesAdjNetIncmAmt
Other Expenses Rev And Expnss$3,113OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,113OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$3,113OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$7,081TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,081TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$7,081TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$4,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$4,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$11,081TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,081TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$7,081TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$4,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$10,461ExcessRevenueOverExpensesAmt
Net Investment Income$13,733NetInvestmentIncomeAmt
Adjusted Net Income$20,014AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$372,843SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$424,927SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$424,927SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$20,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$20,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$20,000OtherNtsAndLoansRcvblEOYAmt
Corporate Stock BOY$7,036CorporateStockBOYAmt
Total Assets BOY$399,879TotalAssetsBOYAmt
Total Assets EOY$444,927TotalAssetsEOYAmt
Total Assets EOYFMV$424,927TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$399,879CapitalStockBOYAmt
Capital Stock EOY$444,927CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$399,879TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$444,927TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$399,879TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$444,927TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$399,879TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$10,461ExcessRevenueOverExpensesAmt
Other Increases$34,587OtherIncreasesAmt
Subtotal$444,927SubtotalAmt
Tot Net Ast Or Fund Balances EOY$444,927TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
7000 LEAGUE OPP FUND LTDP2012-12-272019-10-07$755$7,036-$6,281-$6,281
RBC WEALTH MANAGEMENTP2019-01-012019-12-31$91,712$75,587$16,125$16,125
FieldValueIRS element (for citing)
Capital Gain Net Income$9,844CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$16,125NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$275InvestmentIncomeExciseTaxAmt
Subtotal$275SubtotalAmt
Tax Based On Investment Income$275TaxBasedOnInvestmentIncomeAmt
Tax Due$275TaxDueAmt

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 HANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2013017700PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STREETAddressLine1Txt
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DAVID ROSE
c/o NEUSCHATZ 124 PROSPECT STRIDGEWOODNJ07450President2.00$0
ERWIN ROSE
27 MOSSMAN ROADSUDBURYMA01776Vice President1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

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
Reduction Claimed$0ReductionClaimedAmt
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$275TaxBasedOnInvestmentIncomeAmt
Total Tax$275TotalTaxAmt
Distributable Before Adj$275DistributableBeforeAdjAmt
Distributable Before Ded$275DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,000ExpensesAndContributionsAmt
Qualifying Distributions$4,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$4,000AdjustedQualifyingDistriAmt

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 Yr2$2,000ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$8,000TotalExcessDistributionCyovAmt
Qualifying Distributions$4,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$4,000RemainingDistriFromCorpusAmt
Total Corpus$12,000TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$10,000ExcessDistriCyovToNextYrAmt
Excess From Year4$2,000ExcessFromYear4Amt
Excess From Year3$2,000ExcessFromYear3Amt
Excess From Year2$2,000ExcessFromYear2Amt
Excess From Current Year$4,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonDAVID ROSE PRESIDENTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1124 PROSPECT STREETAddressLine1Txt
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

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1INTERNATIONAL COMMUNITY FOUNDATIONBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12505 N AVENUEAddressLine1Txt
CityNATIONAL CITYCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91950ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeGENERAL PURPOSEGrantOrContributionPurposeTxt
Amt$4,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$4,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$10,970ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion$728ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$9,844RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,698ExclusionAmt
Related Or Exempt Function Incm$9,844RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$21,542TotalIncomeProducingActyAmt

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)
CategoryACCOUNTINGCategoryTxt
Amt$3,500Amt
Net Investment Income$3,500NetInvestmentIncomeAmt
Adjusted Net Income$3,500AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
LICENSE AND FEES$109$109$109
MANAGEMENT FEE$3,004$3,004$3,004

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$728RevenueAndExpensesPerBooksAmt

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

FieldValueIRS element (for citing)
Balance Due$20,000BalanceDueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX WITHHELDCategoryTxt
Amt$468Amt
Net Investment Income$468NetInvestmentIncomeAmt
Adjusted Net Income$468AdjustedNetIncomeAmt

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