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Nate & Ann Levine Family Foundation

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

EIN: 752510543 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nate & Ann Levine Family Foundation?

The Nate & Ann Levine Family Foundation, based in Dallas, Texas, primarily focuses on distributing funds and grants to other non-profit agencies, as per its approval. This philanthropic organization is committed to supporting and advancing the objectives of the Dallas Jewish Community Foundation, contributing to their activities for the betterment of the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, Two-Star out of Four Star rating.

The Nate & Ann Levine Family Foundation has received a moderate rating of 74%, which indicates some strengths in management and financial practices, but also highlights areas for improvement. Notably, the foundation demonstrates a solid commitment to accountability with a high program expense ratio of 94.06%, suggesting that the majority of its funds are directed towards its charitable activities. Additionally, it maintains robust policies regarding conflict of interest and whistleblower protections.

However, the foundation's governance structure raises concerns, as it has a very limited number of independent board members, with only two out of ten being independent. This lack of independent oversight contributes to a zero score in this area, which is critical for ensuring transparency and accountability. The overall governance and financial health of the foundation will require attention to improve its rating and public trust in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Nate & Ann Levine Family Foundation legitimate?

Nate & Ann Levine Family Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nate & Ann Levine Family Foundation submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Nate & Ann Levine Family Foundation?

The Nate & Ann Levine Family Foundation's mission is centered around supporting activities that benefit or align with the objectives of the Dallas Jewish Community Foundation. They accomplish this by making distributions and grants to various non-profit organizations, as authorized by the foundation. The foundation's primary purpose is to contribute to the betterment of the causes and initiatives supported by the Dallas Jewish Community Foundation.

Who is the CEO of Nate & Ann Levine Family Foundation?

Jerry Blair is the At Large (Thru 05/22) of Nate & Ann Levine Family Foundation.

What is the revenue of Nate & Ann Levine Family Foundation?

Nate & Ann Levine Family Foundation's revenue in 2022 was $144,937.

Who are the executives of Nate & Ann Levine Family Foundation and what are their salaries?

There 2 volunteers at Nate & Ann Levine Family Foundation.


Here are 6 key members and their salaries:


Meyer Bodoff (At Large (Thru 05/22))
  • Compensation: $0
  • Related: $332,943
  • Other: $12,842
Mona Allen (At Large)
  • Compensation: $0
  • Related: $121,717
  • Other: $9,557
Jerry Blair (Secretary)
  • Compensation: $0
  • Related: $158,173
  • Other: $33,743
Cynthia Hendricks (Treasurer)
  • Compensation: $0
  • Related: $126,335
  • Other: $5,154
Nate Levine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Levine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nate & Ann Levine Family Foundation?

Nate & Ann Levine Family Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nate & Ann Levine Family Foundation

The Nate & Ann Levine Family Foundation is committed to conducting and supporting activities that align with the purposes of the Dallas Jewish Community Foundation. This non-profit organization is dedicated to making distributions and providing grants to various other non-profit agencies, as approved by the foundation itself. In essence, the Nate & Ann Levine Family Foundation serves as a benefactor, contributing to initiatives that uphold the objectives of the Dallas Jewish Community Foundation.

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Impact




October, 2024

The Nate & Ann Levine Family Foundation significantly impacts the Dallas Jewish community through its targeted support and funding initiatives. By conducting and supporting activities aligned with the mission of the Dallas Jewish Community Foundation, the foundation enhances community welfare and development.

Its strategic distributions and grants to various nonprofit agencies foster growth and sustainability within the community. This collaborative approach enables the foundation to address pressing needs, support educational programs, and promote cultural enrichment, thereby ensuring the continued vitality of the Jewish community in Dallas. The foundation's efforts in philanthropy not only provide essential resources but also inspire a culture of giving and engagement among community members.




This information is meant to be a general summary of Nate & Ann Levine Family Foundation. 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
$144,937 (2022)
Expenses
$15,898 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,937
  • Gross Receipts: $144,937

Assets and Liabilities:

  • Total Assets: $3,804,791
  • Total Liabilities: $3,335
  • Net Assets: $3,801,456

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Organization Details

Founding Year

1993

Principal Officer

Jerry Blair

Main Address

12700 HILLCREST ROAD 201, DALLAS, TX, 75230

NTEE Category

Code: T20Z - Philanthropy

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