LEVITON FOUNDATION INC-NEW YORK: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
LEVITON FOUNDATION INC-NEW YORK (EIN 11-6006368)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-13
IRS object ID
201101339349101790
Schema version
2010v3.2
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)
Timestamp2011-05-13T16:15:38-04:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1401 BROAD HOLLOW ROADAddressLine1
CityMELVILLECity
StateNYState
ZIP Code11747ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN116006368EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Leviton Foundation Inc - New YorkBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlLEVINameControl
Phone6318126000Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 North Service RoadAddressLine1
CityMelvilleCity
StateNYState
ZIP Code11747ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDONALD HENDLERName
TitlePRESIDENTTitle
Date Signed2011-05-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone6317532700Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY254387FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss20000ContriReceivedRevAndExpnss
Dividends Rev And Expnss1060DividendsRevAndExpnss
Dividends Net Invst Incm1060DividendsNetInvstIncm
Total Revenue And Expenses21060TotalRevenueAndExpenses
Total Net Investment Income1060TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Other Expenses Rev And Expnss235OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps235OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss235TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm0TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps235TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss48750ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps48750ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss48985TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm0TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps48985TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-27925ExcessOfRevenueOverExpenses
Net Investment Income1060NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY82312CashBOY
Cash EOY254387CashEOY
Cash EOYFMV254387CashEOYFMV
Investments Other BOY200000InvestmentsOtherBOY
Investments Other EOY0InvestmentsOtherEOY
Investments Other EOYFMV0InvestmentsOtherEOYFMV
Total Assets BOY282312TotalAssetsBOY
Total Assets EOY254387TotalAssetsEOY
Total Assets EOYFMV254387TotalAssetsEOYFMV
Accounts Payable BOY0AccountsPayableBOY
Accounts Payable EOY0AccountsPayableEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY282312CapitalStockBOY
Capital Stock EOY254387CapitalStockEOY
Retained Earnings BOY0RetainedEarningsBOY
Retained Earnings EOY0RetainedEarningsEOY
Total Net Assets BOY282312TotalNetAssetsBOY
Total Net Assets EOY254387TotalNetAssetsEOY
Total Liabilities Net Assets BOY282312TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY254387TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY282312TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-27925ExcessOfRevenueOverExpenses
Subtotal254387Subtotal
Total Net Assets Fund Balances EOY254387TotalNetAssetsFundBalancesEOY
FieldValueIRS element (for citing)
Capital Gains And LossesCapitalGainsAndLosses

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year198000QualifyingDistributionsYear1
Noncharitable Assets Year1257541NoncharitableAssetsYear1
Distribution Ratio Year10.380522DistributionRatioYear1
Qualifying Distributions Year267300QualifyingDistributionsYear2
Noncharitable Assets Year2227806NoncharitableAssetsYear2
Distribution Ratio Year20.295427DistributionRatioYear2
Qualifying Distributions Year3323300QualifyingDistributionsYear3
Noncharitable Assets Year384881NoncharitableAssetsYear3
Distribution Ratio Year33.808862DistributionRatioYear3
Qualifying Distributions Year4264824QualifyingDistributionsYear4
Noncharitable Assets Year457458NoncharitableAssetsYear4
Distribution Ratio Year44.609001DistributionRatioYear4
Qualifying Distributions Year5527804QualifyingDistributionsYear5
Noncharitable Assets Year570394NoncharitableAssetsYear5
Distribution Ratio Year57.497855DistributionRatioYear5
Total Distribution Ratio16.591667TotalDistributionRatio
Average Distribution Ratio3.318333AverageDistributionRatio
Net Noncharitable Assets254428NetNoncharitableAssets
Adjusted Noncharitable Assets844277AdjustedNoncharitableAssets
One Percent Net Investment Income11OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One844288AdjNonchrtblAssetsAndOnePct
Qualifying Distributions48985QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax21InvestmentIncomeExciseTax
Subtotal21Subtotal
Tax Based On Investment Income21TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due21TaxDue
Amount Credited To Next Year0AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithNYStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorstrueNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL DANGBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number6318126036BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line1201 NORTH SERVICE ROADAddressLine1
CityMELVILLECity
StateNYState
ZIP Code11747ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
SHIRLEY LEVITON
C/O LEVITONMELVILLENY11747TREASURER0000
DONALD HENDLER
C/O LEVITONMELVILLENY11747PRESIDENT0000
STEPHEN SOKOLOW
C/O LEVITONMELVILLENY11747VICE PRESIDENT0000
MARK BAYDARIAN
C/O LEVITONMELVILLENY11747SECRETARY0000
TUAN DANG
C/O LEVITONMELVILLENY11747ASSISTANT TREASURER0000
FieldValueIRS element (for citing)
Summary Of Direct Charitable ActySummaryOfDirectCharitableActy
Sum Of Program Related InvestmentsSumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances258303AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets258303TotalFMVOfUnusedAssets
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets258303AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable3875CashDeemedCharitable
Net Noncharitable Assets254428NetNoncharitableAssets
Minimum Investment Return12721MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return12721MinimumInvestmentReturn
Tax Based On Investment Income21TaxBasedOnInvestmentIncome
Total Tax21TotalTax
Distributable Amount Before Adj12700DistributableAmountBeforeAdj
Distributable Amount Before Ded12700DistributableAmountBeforeDed
Distributable Amount As Adjusted12700DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions48985ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets0AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test0AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test0AmountsSetAsideCashDistriTest
Qualifying Distributions48985QualifyingDistributions
Adj Qualifying Distributions48985AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted12700DistributableAmountAsAdjusted
Undistributed Income Prior Year0UndistributedIncomePriorYear
Prior Year12008PriorYear1
Prior Year22007PriorYear2
Prior Year32006PriorYear3
Total For Prior Years0TotalForPriorYears
Excess Distri Carryover Year5524284ExcessDistriCarryoverYear5
Excess Distri Carryover Year4261983ExcessDistriCarryoverYear4
Excess Distri Carryover Year3319264ExcessDistriCarryoverYear3
Excess Distri Carryover Year256118ExcessDistriCarryoverYear2
Excess Distri Carryover Year185250ExcessDistriCarryoverYear1
Total Excess Distri Carryover1246899TotalExcessDistriCarryover
Qualifying Distributions48985QualifyingDistributions
Applied To Year10AppliedToYear1
Applied To Current Year12700AppliedToCurrentYear
Remaining Distri From Corpus36285RemainingDistriFromCorpus
Total Corpus1283184TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov From Year5524284ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year758900ExcessDistriCyovToNextYear
Excess From Year4261983ExcessFromYear4
Excess From Year3319264ExcessFromYear3
Excess From Year256118ExcessFromYear2
Excess From Year185250ExcessFromYear1
Excess From Current Year36285ExcessFromCurrentYear
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundations

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (7 entries)

Address Line1RecipientUSAddress/AddressLine1Address Line2RecipientUSAddress/AddressLine2CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ELECTRICAL SAFETY FOUNDATION
1300 N 17th StreetSuite 1752RosslynVA22209501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$6,500
UNITED WAY OF LONG ISLAND
Thesea Regnata President CEO819 Grand BoulevardDEER PARKNY11729501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$2,500
DIABETES RESEARCH INSTITUTE FOUNDATION
200 SOUTH PARK ROADSUITE 100HOLLYWOODFL33021501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$4,750
NAED EDUCATION AND RESEARCH FOUNDATION
MR JAMES ETHEREDGE1181 CORPORATE LAKE DRIVEST LOUISMO63132501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$20,000
THE FIRST TEE OF LONG ISLAND
ED BROCKNER3545 JEROME AVENUEBRONXNY10467501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$5,000
BURKE COUNTY UNITED WAY
301 EAST MEETING STREETMORGANTONNC28655501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$7,500
MIT SLOAN SCHOOL OF MANAGEMENT
600 MEMORIAL DRIVECAMBRIDGEMA02142501(C)(3)GRANTS FOR RELIGIOUS, MEDICAL OR EDUCATIONAL PURPOSES$2,500
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year48750TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

FieldValueIRS element (for citing)
Fees Contracts From Govt AgenciesFeesContractsFromGovtAgencies
Membership Dues And AssessmentsMembershipDuesAndAssessments
Int On Savings And Temp Cash InvstIntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$1,060ExclusionAmount
FieldValueIRS element (for citing)
Net Rental Incm Re Debt Fincd PropNetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal PropertyNetRentalIncmPersonalProperty
Other Investment Income Part VIIOtherInvestmentIncomePartVII
Gain Sales Assets Oth Than InvntryGainSalesAssetsOthThanInvntry
Net Income Loss From Special EventsNetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of InvntryGrossProfitLossSalesOfInvntry

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion$1,060ExclusionAmount
FieldValueIRS element (for citing)
Total Part XVIA1060TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberContributor Name IndividualContributorNameIndividualAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsPerson Contribution TypePersonContributionType
1JOEL A SHAPIROBARTMAN SHAPIRO ASSOC INC120 BRONEW YORKNY1027110000X
2ALAN R FINKELSTEINAFCO INDUSTRIES 420 LEXINGTON AVENEW YORKNY1017010000X

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther

FieldValueIRS element (for citing)
Category Or ItemISRAEL BONDSCategoryOrItem
Listed At Cost Or FMVAT COSTListedAtCostOrFMV
Book Value0BookValue
EOYFMV0EOYFMV

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksDisbursements Charitable PrpsDisbursementsCharitablePrps
NYS FILING FEE110110
CHECK PRINTING FEES125125

Taxes Schedule TaxesSchedule

Taxes Taxes

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategory

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.