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Leaf(The Lowy Endowment & Annuity Foundation) Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264387996 ✦ Grandville, MI ✦ Designated as a 501(c)(3)

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Overview

What is Leaf(The Lowy Endowment & Annuity Foundation) Inc?

Leaf, also known as The Lowy Endowment & Annuity Foundation, is a nonprofit organization that solicits charitable donations from various sources. Utilizing these contributions, the foundation invests in endowments, subsequently distributing the earnings to various other charitable organizations. One of its notable programs focuses on assisting smaller charitable organizations, thereby extending its charitable reach.

Is Leaf(The Lowy Endowment & Annuity Foundation) Inc legitimate?

Leaf(The Lowy Endowment & Annuity Foundation) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leaf(The Lowy Endowment & Annuity Foundation) Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Leaf(The Lowy Endowment & Annuity Foundation) Inc?

Leaf(The Lowy Endowment & Annuity Foundation) Inc's primary mission is to collect charitable contributions from various sources and invest them in an endowment. Subsequently, the foundation redistributes the earnings from this endowment to other charitable organizations. One of its programs involves assisting smaller charitable organizations by providing them with financial support. The Lowy Endowment and Annuity Foundation aims to contribute to the charitable sector by leveraging its resources to benefit other organizations in need. By doing so, it helps to strengthen the overall impact of the charitable community.

Who is the CEO of Leaf(The Lowy Endowment & Annuity Foundation) Inc?

Unavailable

What is the revenue of Leaf(The Lowy Endowment & Annuity Foundation) Inc?

Leaf(The Lowy Endowment & Annuity Foundation) Inc's revenue in 2022 was $50,000.

Who are the executives of Leaf(The Lowy Endowment & Annuity Foundation) Inc and what are their salaries?


Here are 3 key members and their salaries:


Shlomo Lowy (Principal Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven A Weg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gavriel M Kelemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Leaf(The Lowy Endowment & Annuity Foundation) Inc?

Leaf(The Lowy Endowment & Annuity Foundation) Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Leaf(The Lowy Endowment & Annuity Foundation) Inc

Leaf(The Lowy Endowment & Annuity Foundation) Inc is a charitable organization that gathers donations from various sources, including friends, family, and external contacts. The primary purpose of these contributions is to establish an endowment. Once the endowment is set up, the foundation distributes the earnings to other philanthropic organizations. One of its key programs involves supporting smaller charitable organizations. This foundation serves as a bridge, using its resources to bolster the efforts of other non-profit entities. By doing so, Leaf(The Lowy Endowment & Annuity Foundation) Inc plays a significant role in the broader charitable community, helping to amplify the impact of various causes.

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Impact




August, 2024

Leaf (The Lowy Endowment & Annuity Foundation) Inc has a significant impact on supporting smaller charitable organizations by raising charitable contributions to purchase endowment and redistributing earnings to other charitable causes. This philanthropic initiative plays a vital role in ensuring that smaller nonprofits receive the necessary funding to carry out their missions effectively. Through its activities, Leaf contributes to strengthening the overall charitable sector and making a positive difference in communities.




This information is meant to be a general summary of Leaf(The Lowy Endowment & Annuity Foundation) Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$50,000 (2022)
Expenses
$166,224 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $50,000

Assets and Liabilities:

  • Total Assets: $296,282
  • Total Liabilities: $31,150
  • Net Assets: $265,132

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Organization Details

Main Address

2885 SANFORD AVE SW STE 13000, GRANDVILLE, MI, 49418

NTEE Category

Code: T12 - Philanthropy

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