Duane & Betty Levy Family Foundation

NEWBURY PARK, CA EIN: 20-0493842

Duane & Betty Levy Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWBURY PARK, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $308K in total assets. In 2024, it awarded 13 grants totaling $35K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$308K

+0.8% YoY

Annual Giving

$35K

+15.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+15.6% YoY

Under IRS private-foundation payout rules, Duane & Betty Levy Family Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Duane & Betty Levy Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $109K (85%)

Arizona $11K (8%)

Virginia $4K (3%)

Idaho $2K (1%)

Georgia $1K (1%)

Indiana $1K (1%)

New York $250 (0%)

States

Arizona California Georgia Idaho Indiana New York Virginia

Cities

Agoura HillsCamarilloFlagstaffFort WayneLos AngelesMeridianNewbury ParkNewnanOxnardPhoenixRestonSanta PaulaSimi ValleyStateb UskabdThousand OaksWestlake Village

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$308,329	$305,825	$308,690
Revenue	$31,721	$30,635	$31,667
Expenses	$35,467	$30,500	$30,293
Qualifying Distributions	$35,250	$30,500	$30,000
Net Investment Income	$9,221	$15,635	$13,364
Distributable Amount	$15,002	$13,930	$14,848

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

59 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Godspeak Calvary Chapel ($23,000), James Storehouse Incorporated ($2,000), Forever Found ($1,500).

Recipient	Purpose	Amount
JAMES STOREHOUSE INCORPORATED NEWBURY PARK, CA	TO SUPPORT ASSISTANCE AND PLACEMENT OF FOSTER CHILDREN AND AGED-OUT YOUTH WHO TRANSITION FROM FOSTER SYSTEM.	$2,000
FOREVER FOUND SIMI VALLEY, CA	TO ASSIST CHILDREN WHO ARE VICTIMS OF HUMAN TRAFFICKING, TO RESCUE AND RESTORE THEM TO NORMAL LIFE.	$1,500
CASA PACIFICA CTRS FOR CHILDRENFAMI CAMARILLO, CA	SUPPORT OF PROGRAMS FOR HIGH-RISK YOUTH.	$1,000
STEER'D UP INC WESTLAKE VILLAGE, CA	PROVIDING QUALITY BEEF AND PRODUCE TO LOCAL FOOD PANTRIES TO FEED HUNGRY CHILDREN.	$1,500
YOUNG AMERICA'S FOUNDATION RESTON, VA	SUPPORT OF PROGRAMS FOR YOUTH.	$1,000
WILD OPS SIMI VALLEY, CA	SUPPORT WOUNDED SOLDIERS AND VETERANS	$1,000
GODSPEAK CALVARY CHAPEL NEWBURY PARK, CA	SUPPORT PROGRAMS AND SERVICES FOR CHILDREN.	$23,000
CATALYST CHURCH SANTA PAULA, CA	SUPPORT OF PRGRAMS FOR HIGH-RISK YOUNG PEOPLE AND THEIR FAMILIES	$500
TURNING POINT USA PHOENIX, AZ	ADVOCATES FOR CONSERVATIVE VALUES ON HIGH SCHOOL, COLLEGE, AND UNIVERSITY CAMPUSES.	$1,000
OHANA HEALTH - CRISIS PREGNANCY CEN THOUSAND OAKS, CA	LICENSED MEDICAL CLINIC DEDICATATED TO PROVIDING EDUCATION AND HEALTH SERVICES TO EMPOWER MAKING INFORMED REPORDUCTIVE CHOICES.	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DUANE LEVY	President, BRD	0.25	—
BETTY LEVY	SECY-TREA, BRD	0.25	—
KAY DARLENE SMITH	BOARD MEMBER	0.25	—
LESLIE MCWAID	BOARD MEMBER	0.25	—
SANDY LEVY	BOARD MEMBER	0.25	—
LINDA TUCKER	BOARD MEMBER	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Duane & Betty Levy Family Foundation?

Duane & Betty Levy Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWBURY PARK, CA. It holds $308K in total assets as of 2024.

How large is Duane & Betty Levy Family Foundation?

As of 2024, Duane & Betty Levy Family Foundation holds $308K in total assets with $32K in annual revenue. It awarded 13 grants totaling $35K in 2024.

Where does Duane & Betty Levy Family Foundation operate?

Duane & Betty Levy Family Foundation has awarded grants in Arizona, California, Georgia, Idaho, Indiana, New York, Virginia.

What size grants does Duane & Betty Levy Family Foundation award?

In 2024, Duane & Betty Levy Family Foundation awarded 13 grants totaling $35K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Duane & Betty Levy Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Duane & Betty Levy Family Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Duane & Betty Levy Family Foundation's EIN?

Duane & Betty Levy Family Foundation's EIN (Employer Identification Number) is 20-0493842. IRS Form 990 filing data is available on this page for 2021–2024.