Nonprofit · EIN 85-0762544
LEVER FOUNDATION GROWTH FUND
Tax-exempt · LANCASTER, PA 17603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,470,913 | $1,355,550 | $1,115,363 | $4,038,231 | $0 | $4,038,231 |
| December 31, 2023 | 990 | $2,578,500 | $2,700,591 | -$122,091 | $2,922,868 | $0 | $2,922,868 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,470,913
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,355,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,355,000
- Management and general (functional)
- $550
Balance sheet and other
- Total assets, start of year
- $2,922,868
- Total assets, end of year
- $4,038,231
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,038,231
- Net assets without donor restrictions
- $3,660,231
- Net assets with donor restrictions
- $378,000
- Gross receipts
- $2,470,913
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2020
- State of legal domicile
- PA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kai Yi Carrie Chan | Director Trustee or director | 1 | $0 |
| Nick Cooney | Director Trustee or director, Officer | 1 | $0 |
| Brian Ottens | Director Trustee or director | 1 | $0 |
| Yaqi Gao Grover | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kai Yi Carrie Chan | Director Trustee or director | 1 | $0 |
| Nick Cooney | Director Trustee or director, Officer | 15 | $0 |
| Brian Ottens | Director Trustee or director | 1 | $0 |
| Yaqi Gao Grover | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 48 N QUEEN ST # 2, LANCASTER, PA 17603-3816
- Principal officer (990 for 2024)
- Nick Cooney, 242 Elizabeth Drive, Lancaster, PA 17601
- Signed the 990
- Nick Cooney, Executive Director
- Phone
- (717) 584-1805
- Return prepared by
- Adam Baker CPA
Mission
The Lever Foundation Growth Fund is a 501(c)3 charitable organization, whose purpose is to support the charitable mission of Lever Foundation (and other charities that share its mission) to prevent animal suffering by promoting healthy, humane and sustainable food choices. One effective way to create a more humane food system is to support and empower entrepreneurs and startup companies who are creating alternative protein products-foods that replace conventional animal protein on consumers' plates with plant-based proteins or other proteins produced without the need to raise and slaughter live animals. By helping entrepreneurs launch companies in this sector, and by helping early stage startups that would not otherwise be able to attractive commercial funding in this sector grow, the Fund can help shift a portion of protein production and consumption to food products that do not cause animal suffering.
Program accomplishments
- The Fund will also carries out general grantmaking, providing grants to Lever Foundation and other public charities that share the Foundation's mission.Expenses $1,355,000 · grants $1,355,000
- One of the core initial activities of the Fund is to receive donations for Program-Related Investments in entrepreneurs and startups working in the alternative protein space that have a high potential to impact the Fund's charitable purposes but may not be able to attract sufficient commercial funding to make that impact. All Funds going out are Investments, and not expenditures.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0762544
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D12)
- Assets (IRS master file)
- $4,038,231
- Income (IRS master file)
- $2,470,913
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,470,913 | $1,355,550 | $4,038,231 | IRS |
| 990 | December 2023 | $2,578,500 | $2,700,591 | $2,922,868 | XML |
| 990 | December 2022 | $2,273,000 | $1,725,573 | $3,044,959 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-0762544).
Questions about LEVER FOUNDATION GROWTH FUND
- What is the EIN of LEVER FOUNDATION GROWTH FUND?
- The employer identification number (EIN) of LEVER FOUNDATION GROWTH FUND is 85-0762544.
- Is LEVER FOUNDATION GROWTH FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to LEVER FOUNDATION GROWTH FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does LEVER FOUNDATION GROWTH FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEVER FOUNDATION GROWTH FUND 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 LEVER FOUNDATION GROWTH FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LEVER FOUNDATION GROWTH FUND?
- The 990 for the year ended December 31, 2024 names Nick Cooney.
- Who are the officers and directors of LEVER FOUNDATION GROWTH FUND?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LEVER FOUNDATION GROWTH FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,470,913, expenses of $1,355,550 and total assets of $4,038,231 at year end.
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- PROMISES KEPT HORSE SANCTUARY EIN 87-2024646 · last filed 990 for 2025
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- CENTERVILLE PET RESCUE EIN 47-4742739 · last filed 990 for 2025
- LEO S HELPING PAWS INC EIN 47-1479854 · last filed 990-EZ for 2025
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- JOYFUL DOBERMAN RESCUE OF PA EIN 84-5070459 · last filed 990-N for 2025