NonprofitsLever Foundation Growth Fund

Animal-Related

Lever Foundation Growth Fund

LANCASTER, PA

Total revenue

$2.5M

Total expenses

$1.4M

Net assets

$4.0M

Grants received

$4.8M

4 grants

EIN

850762544

Tax year

2024

Mission

The Lever Foundation Growth Fund is a 501(c)3 charitable organization, whose purpose is to support the charitable mission of Lever Foundation (and other charities that share its mission) to prevent animal suffering by promoting healthy, humane and sustainable food choices. One effective way to create a more humane food system is to support and empower entrepreneurs and startup companies who are creating alternative protein products-foods that replace conventional animal protein on consumers' plates with plant-based proteins or other proteins produced without the need to raise and slaughter live animals. By helping entrepreneurs launch companies in this sector, and by helping early stage startups that would not otherwise be able to attract commercial funding in this sector grow, the Fund can help shift a portion of protein production and consumption to food products that do not cause animal suffering.

Programs

1 program

One of the core initial activities of the Fund is to receive donations for Program-Related Investments in entrepreneurs and startups working in the alternative protein space that have a high potential to impact the Fund's charitable purposes but may not be able to attract sufficient commercial funding to make that impact. All Funds going out are Investments, and not expenditures.

0

Financials

FY 2024

Revenue

Contributions & grants$2.5M
Program service revenue
Investment income
Other revenue
Total revenue$2.5M

Expenses

Grants paid$1.4M
Salaries & benefits
Fundraising
Other expenses$550
Total expenses$1.4M
Total assets$4.0M
Net assets$4.0M

People

4 listed

NameRoleCompensation

Kai Yi Carrie Chan

Director

Board

1 hrs/wk

Nick Cooney

Director

Board

1 hrs/wk

Brian Ottens

Director

Board

1 hrs/wk

Yaqi Gao Grover

Director

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$2.1M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$350K
GENERAL SUPPORT
2023
$2.1M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$290K
Advocate for the wellbeing of animals
2022

Funded by

$4.8M from 3 funders · 4 grants · 2022–2023

Vanguard Charitable Endowment Program

$4.2M · 2 grants · 2022–2023

Humane America Animal Foundation

$350K · 1 grant · 2023

Ahimsa Foundation

$290K · 1 grant · 2022

Details

EIN850762544
NTEE codeD12
Subsection03
Ruling date2020-08
Formed2020
Employees0
Volunteers3
LEVER FOUNDATION GROWTH FUND — Mission, Financials & Grants Received | Grantivo