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Levi Ray & Shoup Foundation EIN 32-6007063

Levi Ray & Shoup Foundation

EIN  32-6007063 Private foundation / grantmaker Springfield, IL
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Size
$1–10M
What they do
A private foundation based in Springfield, IL. It reported about $1.5M in revenue for 2024.
Leadership
Richard H Levi · Trustee
Money in and out
$1.5M revenue, $1.3M expenses
Bottom line
—

A private foundation based in Springfield, IL. It reported about $1.5M in revenue for 2024. For fiscal year 2025 it reported $1.5M in revenue, $1.3M in expenses, and $20.0M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$20.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $275K
Total assets
20.0M
deployed as grants and operations
Grants paid
1.2M
in FY2025
Grants made
82grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 82 grants · $1.2M · 2024–2024
Christ the KingFY2024$127,000
Eastern Illinois University FoundationIL · FY2024$100,000
Memorial Medical Center FoundationCA · FY2024$60,000
Lincoln Land Community College FoundationFY2024$51,000
SparcFY2024$50,000
Refuge RanchFY2024$50,000
Dream Center Springfield INCFY2024$50,000
KidzeumFY2024$35,000
Boys & Girls Club of Central IllinoisFY2024$30,000
Youth HavenFY2024$25,000
YMCA SpringfieldFY2024$25,000
Warrior Homes of Collier CountyFY2024$25,000
Valerie's HouseFY2024$25,000
The Shelter for Abused Women & Children INCFL · FY2024$25,000
St Patrick Catholic SchoolFY2024$25,000
Snip Collier INCFL · FY2024$25,000
Project Build Sw FloridaFY2024$25,000
Pace Center for Girls of CollierFY2024$25,000
See all 82 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV31
Average grantPart XV$15K
Median grantPart XV$8K
Largest grantPart XV$127K
Top cause focusNTEEColleges & Universities (4%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$1.5M
FY2025▲ +17%
Expenses
$1.3M
FY2025▲ +14%
Total assets
$20.0M
FY2025▲ +1%
Total liabilities
$0
FY2025
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$20.0M
Pt X · Ln 32
Total assetsPt II$20.0M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLevi Ray & Shoup Foundation
EINHdr · item D32-6007063
Principal addressHdr · item CSpringfield, IL
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFDec 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Levi Ray & Shoup Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 65%
Investment income$534K · 35%
Contributions & grants65%$1.0M
Investment income35%$534K
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$1.2M
Operating & administrative3%$40K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$3.6M
Total assetsLn 16$20.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$20.0M
Months of cash on handcomputed34.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $20.0M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $1.5M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $1.5M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $1.3M
+17%
Revenue CAGR
FY2020 $1.6M · FY2024 $1.5M
-1%
Net-asset trend (YoY)
End of year $20.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $1.3M
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $20.0M
—
Net-asset ratio
Net assets $20.0M · Total assets $20.0M
100%
People & payroll
Highest Reported Total Compensation
Individual Richard H Levi · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $1.3M
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 17%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.5M revenue · viewing · ⤓ 990 PDF
FY2024$1.3M revenue · ⤓ 990 PDF
FY2023$1.5M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$1.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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