about the foundation
The Levin Family Foundation
For the first five years after Sam Levin's death, the Sam Levin
Trust was administered by an attorney and two family
members -- all three very busy businessmen. Funds were
dispensed to needy causes but there was no clear mission
in mind because Sam had left no plans for the execution
of the trust.
In the late 1990's, Karen
Levin,
the ex-wife of Lou Levin, Sam's brother, took the Sam
Levin Trust to a new level of professionalism and accountability. Karen
introduced the idea of The Levin Family Foundation
to involve more Levin family members and create an
opportunity for the Levin family to become more philanthropically
aware.
Karen Levin was elected the Executive
Director of the new Levin
Family Foundation. Under her direction, The foundation
was run more like a business, using external advisors
as resources for topics such as ethics, policies & procedures,
and strategic planning. A mission statement was created,
providing guidance to put the funds to best use and
achieve the goals of the foundation.
Today, the Levin Family Foundation
dispenses $1 million each year
for Jewish and non-Jewish causes alike that have merit
and meet the goals of the foundation.
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