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Also known as: FAMILY FOUNDATION INC
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Bruce And Karen Levenson Family Foundation Inc. is a private corporation based in MCLEAN, VA. The foundation received its IRS ruling in 2016. The principal officer is Bruce D Levenson. It holds total assets of $8.9M. Annual income is reported at $1.2M. Total assets have decreased from $14M in 2015 to $8.9M in 2024. The foundation is governed by 8 officers and trustees. The foundation accomplishes its charitable purposes solely through a program of making charitable gifts and grants and does not conduct any direct charitable activities or make program-related investments. The foundations does not allocate any of its administrative expenses to disbursements for charitable activities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Bruce And Karen Levenson Family Foundation Inc. has made 2 grants totaling $4M, with a median grant of $2M. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
The foundation accomplishes its charitable purposes solely through a program of making charitable gifts and grants and does not conduct any direct charitable activities or make program-related investments. The foundations does not allocate any of its administrative expenses to disbursements for charitable activities.
The foundation accomplishes its charitable purposes solely through a program of making charitable gifts and grants and does not conduct any direct charitable activities or make program-related investments. The foundations does not allocate any of its administrative expenses to disbursements for charitable activities. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MD.
Bruce And Karen Levenson Family Foundation Inc. has distributed a total of $4M across 2 grants. The median grant size is $2M, with an average of $2M. Individual grants have ranged from $2M to $2M.
Bruce And Karen Levenson Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Bruce And Karen Levenson Family Foundation Inc. is headquartered in MCLEAN, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Levenson | DIRECTOR, VP | $0 | $0 | N/A |
| Bruce D Levenson | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Karen L Levenson | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Scott Levenson | DIRECTOR, VP, TREASURER | $0 | $0 | N/A |
| Brian Levenson | DIRECTOR, VP | $0 | $0 | N/A |
| Tamara Levenson | DIRECTOR | $0 | $0 | N/A |
| Robin Levenson | DIRECTOR | $0 | $0 | N/A |
| Samantha Levenson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.9M
Fair Market Value
N/A
Net Worth
$8.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$4M
Average Grant
$2M
Median Grant
$2M
Unique Recipients
1
Most Common Grant
$2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MarylandUNRESTRICTED | College Park, MD | $2M | 2022 |