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Nonprofiteer
← JUNE ROCKWELL LEVY FOUNDATION INCORPORATED

Form 990 for tax year 2023

Filed by JUNE ROCKWELL LEVY FOUNDATION INCORPORATED.

Totals

Total revenue
$1,190,358
Total expenses
$1,776,322
Contributions and grants received
$0
Grants paid
$1,488,900
Program service revenue
$0
Investment income
$1,190,358
Other revenue
$0
Total assets, end of year
$32,981,327
Total liabilities, end of year
$34,000
Net assets or fund balances, end of year
$32,947,327
Program services expenses (Part IX)
$1,488,900
Management and general expenses
$287,422
Fundraising expenses
$0
Program service expenses (Part III)
$1,488,900

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $378,188 · excluded $378,188

  • 7a · Gross sales of assets other than inventory

    securities $3,311,990

  • 7b · Less cost or other basis and sales expenses

    securities $2,499,820

  • 7c · Gain or loss

    securities $812,170

  • 7d · Net gain or loss

    total $812,170 · excluded $812,170

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,488,900 · program services $1,488,900

  • 5 · Compensation of officers, directors and key employees

    total $40,150 · management and general $40,150

  • 11c · Fees: accounting

    total $5,558 · management and general $5,558

  • 11f · Fees: investment management

    total $85,696 · management and general $85,696

  • 11g · Fees: other

    total $1,115 · management and general $1,115

  • 24a · Other expenses: FOUNDATION SUPPORT

    total $154,903 · management and general $154,903

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $314,968 · end of year $335,888

  • 11 · Investments: publicly traded securities

    beginning of year $16,708,286 · end of year $18,299,138

  • 12 · Investments: other securities

    beginning of year $13,690,806 · end of year $14,346,301

  • 18 · Grants payable

    end of year $34,000

  • 27 · Net assets without donor restrictions

    beginning of year $30,714,060 · end of year $32,947,327

Mission and programs · 2023

Mission

TO OPERATE EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE COSE AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION OF THE RHODE ISLAND COMMUNITY FOUNDATION.

Activities or mission (Part I)

A SECTION 509(A)(3) SUPPORTING ORGANIZATION OF THE RHODE ISLAND COMMUNITY FOUNDATION.

  • AWARDING GRANTS FOR CHARITABLE PURPOSES.

    Expenses $1,488,900 · Grants $1,488,900

As filed on the 2023 return.

Listed in Part VII

  • Raymond G Leveille

    PRESIDENT

    Total calculated
    $6,250
    From this org
    $6,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Carol Golden Einhorn

    SECRETARY

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • John D Muggeridge

    TREASURER

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Scott Rabideau

    DIRECTOR

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Robert P Picard

    DIRECTOR

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Deming E Sherman Esq

    DIRECTOR

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Anna Cano Morales

    DIRECTOR

    Total calculated
    $3,200
    From this org
    $3,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Patricia Martinez

    DIRECTOR

    Total calculated
    $3,200
    From this org
    $3,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • H Denman Scott MD

    DIRECTOR (THRU 9/2023)

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Karen G Delponte Esq

    VICE PRESIDENT

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Kyle Bennett

    DIRECTOR

    Total calculated
    $1,600
    From this org
    $1,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202433209349310738

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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