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Nonprofit · EIN 65-0535001

LAURENCE W LEVINE FOUNDATION INC

Tax-exempt · NEW YORK, NY 10010

Financials

$1.7M$1.8M2023$1.3M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of LAURENCE W LEVINE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,299,888$1,059,677$240,211$12,297,373$0$12,297,373
December 31, 2023990-PF$1,728,819$1,769,309-$40,490$12,052,826$0$12,052,826
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$416,357
Net gain from sales of assets
$488,892
Other income
$394,639

Expenses

Grants and similar amounts paid
$895,000
Compensation of officers, directors and key employees
$31,500
Disbursements for charitable purposes
$962,847
Excise tax on investment income
$19,246

Balance sheet and other

Total assets, start of year
$12,052,826
Total assets, end of year
$12,297,373
Total liabilities, end of year
$0
Net assets, end of year
$12,297,373
Fair market value of assets
$23,053,960
Qualifying distributions
$962,847
Net investment income
$1,464,037

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
SUSAN KANE
17398 VIA CAPRI EAST, BOCA RATON, FL 33496
PRES, TREAS & DIRECT4$4,500
JAY LEVINE
34 GRAMERCY PARK, NEW YORK, NY 10003
VICE PRES & DIRECT2$4,500
RUSSELL KANE
226 ROOSEVELT WAY, WESTBURY, NY 11590
DIRECTOR2$4,500
BETH FELDMAN
656 FOREST AVENUE, LARCHMONT, NY 10538
DIRECTOR2$4,500
LESLEY LOGUE
4 NURSERY ROAD, MELVILLE, NY 11747
DIRECTOR2$4,500
JAMES LEVINE
34 GRAMERCY PARK, NEW YORK, NY 10003
DIRECTOR2$4,500
MICHAEL LEVINE
58 LAWRENCE FARMS CROSSING, CHAPPAQUA, NY 10514
DIRECTOR2$4,500
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
SUSAN KANE
17398 VIA CAPRI EAST, BOCA RATON, FL 33496
PRES, TREAS & DIRECT4$4,500
JAY LEVINE
34 GRAMERCY PARK, NEW YORK, NY 10003
VICE PRES & DIRECT2$4,500
RUSSELL KANE
226 ROOSEVELT WAY, WESTBURY, NY 11590
DIRECTOR2$4,500
BETH FELDMAN
656 FOREST AVENUE, LARCHMONT, NY 10538
DIRECTOR2$4,500
LESLEY LOGUE
4 NURSERY ROAD, MELVILLE, NY 11747
DIRECTOR2$4,500
JAMES LEVINE
34 GRAMERCY PARK, NEW YORK, NY 10003
DIRECTOR2$4,500
MICHAEL LEVINE
58 LAWRENCE FARMS CROSSING, CHAPPAQUA, NY 10514
DIRECTOR2$4,500

Address and contacts

Address (IRS master file)
C/O FTCI ONE MADISON AVE STE 2000, NEW YORK, NY 10010-0000
In care of
% FIDUCIARY TRUST CO INTL
Signed the 990-PF
SUSAN KANE, President
Phone
(212) 632-3000
Return prepared by
FIDUCIARY TRUST COMPANY INTL

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
65-0535001
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
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,297,373
Income (IRS master file)
$3,529,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,299,888$1,059,677$12,297,373IRS
990-PFDecember 2023$1,728,819$1,769,309$12,052,826XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 65-0535001).

Questions about LAURENCE W LEVINE FOUNDATION INC

What is the EIN of LAURENCE W LEVINE FOUNDATION INC?
The employer identification number (EIN) of LAURENCE W LEVINE FOUNDATION INC is 65-0535001.
Is LAURENCE W LEVINE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to LAURENCE W LEVINE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LAURENCE W LEVINE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of LAURENCE W LEVINE 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 LAURENCE W LEVINE 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 LAURENCE W LEVINE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $4,500 (SUSAN KANE, PRES, TREAS & DIRECT).
How much revenue does LAURENCE W LEVINE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,299,888, expenses of $1,059,677 and total assets of $12,297,373 at year end.

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