LEV Foundation acts to serve the interests of students and families across the State of Washington to improve education access and quality. Particularly those who have been harmed by historical and systemic inequities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+27.3% YoY

Annual Giving

$988K

+5.8% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$247K

+32.3% YoY

About LEV Foundation

Based on IRS filings

LEV Foundation is a nonprofit organization focused on Civil Rights, Social Action & Advocacy, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 4 grants totaling $988K. Net investment income was $19K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BellevueKentNew YorkPortlandRentonSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$986K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$2,622,750$2,060,406$3,050,666
Revenue$2,968,381$1,541,327$2,793,076
Expenses$2,385,601$2,417,477$2,381,955
Qualifying Distributions
Net Investment Income$18,624$727$134
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$350K$699K$1M$1M5 grants20207 grants20217 grants20225 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Seattle School District$956KKids Co$18KTruss Leadership$9KSpeak with Purpose$6K

Grant Size Distribution

28 grants across all recorded years

20<$50K$50–100K1$100–250K2$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Arik KormanCEO$170KEric HolzapelCEO$136KJacob VelaCPO$131K

From 2024 filing

NameTitleHoursCompensation
Arik KormanCEO40$170,286
Eric HolzapelCEO40$135,781
Jacob VelaCPO40$131,085
Ben MitchellPresident4
Amy CampbellSecretary2
Becky NissenTreasurer2
Maria ZontineDirector2
Alison McCartanDirector2
Dan EfflandDirector2
Allison LeepDirector2
Nicole Jenkins-RosenkrantzDirector2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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