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Nonprofit · EIN 52-6035023

HECHT LEVI FOUNDATION INC

Tax-exempt · BALTIMORE, MD 21202

Financials

$739K$1.4M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of HECHT LEVI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,165,854$1,438,730-$272,876$11,774,855$0$11,774,855
December 31, 2023990-PF$738,724$1,362,218-$623,494$11,934,842$0$11,934,842
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$322,945
Net gain from sales of assets
$842,831
Other income
$78

Expenses

Grants and similar amounts paid
$1,337,000
Disbursements for charitable purposes
$1,342,804
Excise tax on investment income
$15,178

Balance sheet and other

Total assets, start of year
$11,934,842
Total assets, end of year
$11,774,855
Total liabilities, end of year
$0
Net assets, end of year
$11,774,855
Fair market value of assets
$17,280,751
Qualifying distributions
$1,342,804
Net investment income
$1,164,373

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SANDRA L GERSTUNG
1306 WESTELLAN ROAD, TOWSON, MD 212861338
PRESIDENT & DIRECTOR1$0
DR ALEXANDER H LEVI
211 CENTRAL PARK WEST APT 2, NEW YORK, NY 10024
VICE PRESIDENT & DIRECTOR1$0
RICHARD H LEVI
1731 HOBAN ROAD NW, WASHINGTON, DC 200072036
VICE PRESIDENT/TREASURER & DIRECTOR1$0
KAREN WEINSTEIN
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
BRETT SIROTA
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
ADRIENNE LEVI ESQUIRE
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
SUSAN PERRY
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
VICTORY LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
JESSICA LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
ADAM LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
SANDRA L GERSTUNG
1306 WESTELLAN ROAD, TOWSON, MD 212861338
PRESIDENT & DIRECTOR1$0
DR ALEXANDER H LEVI
211 CENTRAL PARK WEST APT 2, NEW YORK, NY 10024
VICE PRESIDENT & DIRECTOR1$0
RICHARD H LEVI
1731 HOBAN ROAD NW, WASHINGTON, DC 200072036
VICE PRESIDENT/TREASURER & DIRECTOR1$0
KENNETH ANECKSTEIN ESQUIRE
1212 S EAST AVE, BALTIMORE, MD 21224
SECRETARY & DIRECTOR1$0
KAREN WEINSTEIN
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
BRETT SIROTA
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
ADRIENNE LEVI ESQUIRE
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
SUSAN PERRY
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
VICTORY LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
JESSICA LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0
ADAM LEVI
C/O HECT-LEVI FDN 1731 HOBAN RD NW, WASHINGTON, DC 200071036
DIRECTOR1$0

Address and contacts

Address (IRS master file)
ONE EAST PRATT STREET C3-C411-05-3, BALTIMORE, MD 21202-1128
Signed the 990-PF
RICHARD H LEVI, TRUSTEE
Phone
(202) 338-3339
Return prepared by
PNC BANK NA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-6035023
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1962
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,774,855
Income (IRS master file)
$2,434,557

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,165,854$1,438,730$11,774,855IRS
990-PFDecember 2023$738,724$1,362,218$11,934,842XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-6035023).

Questions about HECHT LEVI FOUNDATION INC

What is the EIN of HECHT LEVI FOUNDATION INC?
The employer identification number (EIN) of HECHT LEVI FOUNDATION INC is 52-6035023.
Is HECHT LEVI FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to HECHT LEVI FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HECHT LEVI FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HECHT LEVI FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HECHT LEVI FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of HECHT LEVI FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does HECHT LEVI FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,165,854, expenses of $1,438,730 and total assets of $11,774,855 at year end.

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