Abe & Peggy J Levy Foundation

GALVESTON, TX EIN: 76-6083712

Abe & Peggy J Levy Foundation is a private foundation, based in GALVESTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grants totaling $135K. Net investment income was $134K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-2.4% YoY

Annual Giving

$135K

+10.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$135K

+10.5% YoY

Under IRS private-foundation payout rules, Abe & Peggy J Levy Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

About Abe & Peggy J Levy Foundation

Based on IRS filings

Ready to take the next step with Abe & Peggy J Levy Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $661K (100%)

States

Texas

Cities

Galveston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,144,398	$2,198,099	$2,219,744
Revenue	$133,719	$119,628	$103,194
Expenses	$161,228	$145,317	$167,243
Qualifying Distributions	$147,093	$132,113	$151,853
Net Investment Income	$133,654	$126,895	$125,658
Distributable Amount	$112,851	$110,691	$113,040

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Texas A&m Galveston ($135,000).

Recipient	Purpose	Amount
TEXAS A&M GALVESTON GALVESTON, TX	SCHOLARSHIPS	$135,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DARRYL LEVY	TRUSTEE	1	$1,000
KEITH W MCFATRIDGE JR	TRUSTEE	1	$1,250
MARILYN S MCFATRIDGE	TRUSTEE	1	$1,000
WILLIAM C ANSELL	TRUSTEE	1	$1,000
MARIE S GARCIA	TRUSTEE	1	$500
JEFFREY SUHLER	TRUSTEE	1	$1,250
PETER KESSLER	TRUSTEE	1	$1,000

Frequently Asked Questions

How large is Abe & Peggy J Levy Foundation?

As of 2024, Abe & Peggy J Levy Foundation holds $2.1M in total assets with $134K in annual revenue. It awarded 1 grants totaling $135K in 2024.

Where does Abe & Peggy J Levy Foundation operate?

Abe & Peggy J Levy Foundation has awarded grants in Texas.

What size grants does Abe & Peggy J Levy Foundation award?

In 2024, Abe & Peggy J Levy Foundation awarded 1 grants totaling $135K — an average of about $135K per grant, based on its IRS Form 990 filings.

How much is Abe & Peggy J Levy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Abe & Peggy J Levy Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.