Form 990-PF Return of Private Foundation OMB No 1545-0052 or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements. 2010 For calendar year 2010 , or tax year beginning , and ending G Check all that apply: = Initial return Initial return of a former public charity 0 Final return ri Amended return n Address channe n Name rhanne Name of foundation A Employer identification number LEON LEVY FOUNDATION 30-6085406 Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number ONE ROCKEFELLER PLAZA 20 FL 212-455-6233 City or town , state, and ZIP code C If exemption application is pending , check here NEW YORK, NY 10020 D 1 Foreign organizations , check here eign or ganiz th e 8 5% test, H Check type of organization : ® Section 501 ( c)(3) exempt private foundation 2. chreck her and aattach computation Section 4947( a)( 1 ) nonexem pt charitable trust 0 Other taxable private foundation E If private foun dation status was terminated I Fair market value of all assets at end of year J Accounting method: 0 Cash ® Accrual under section 507(b)(1)(A), check here (from Part ll, col. (c), line 16) 0 Other ( specify ) F If the foundation is in a 60-month termination 505 , 161 , 38 7 . (Part 1, column (d) must be on cash basis) under section 507( b )( 1 ) B) , check here Part I Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment ( c) Adjusted net ( d) Disbursements (The total of amounts in columns (b), (c), and (d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions , gifts, grants, etc., received 19 . N/A 2 it the foundation is not required to attach Sch B Interest and temporary 3 inve stmentsavinsss 262 , 636. 262 1 636. S TATEMENT 4 4 Dividends and interest from securities 592 , 361. 592 361. S TATEMENT 5 5a Gross rents b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 8 , 948 , 2 98. S TATEMENT 3 b Gross sales price for all assets on line Ba 5 6 , 714 , 114. d 7 Capital gain net income (from Part IV, line 2) 13 , 573 , 693. 8 Net short-term capital gain 9 Income modifications Gross sales less returns 10a and allowances b Less Cost of goods sold Y= _ c Gross profit or (loss) .11 Other income 9 , 286 , 696. 8 , 192 , 813. S TATEMENT 6 t' 12 Total Add lines 1 throu g h 11 19 , 090 010. 22 , 621 , 503. --, 13 Compensation of officers , directors, trustees, etc 449 , 353. 224,676. 0 224 , 677. 14 Other employee salaries and wages 3 2 5 10 0 . 15 9 3 9 9 . ° v 16 5 7 01. 15 Pension plans, employee benefits 142 319. 69 , 78 72 539. yi 16a Legal fees STMT 7 33 , 497. 31 13 9- I ^^ F" 2 , 359. ,w b Accounting fees STMT 8 88 , 600 . 58 , 476. L 11 30 124 . X, c Other professional fees STMT 9 325 , 728. 0. f 1( 0 11325 , 728. 17 Interest 18 Taxes STMT 10 504 012. 134 418. 18 , 186. 19 Depreciation and depletion 1 408 437 . 1 , 408 437 . E 20 Occupancy 337 087. 165 276. 171 811. < 21 Travel, conferences, and meetings 14 721 . 7 218. 7 503 . C 22 Printing and publications 10 623 . 5 209 . 5 415 . 2 23 Other expenses STMT 11 321 , 943. 229 , 912. 92 , 030. 24 Total operating and administrative C, expenses . Add lines 13 through 23 3 961 , 420. 2 , 493 , 939. 1 , 116 , 073. 0 25 Contributions , gifts, grants paid 3 7 356 , 851 . 29,762. 232. 26 Total expenses and disbursements. Add lines 24 and 25 41 318 271. 2 , 493 , 939. 30 878 305. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements <22228261. > b Net investment income (if negative , enter -0-) 20 , 12 7 5 6 4 . c Adjusted net income cf negative , enter -0-) N / A 12-07-1o LHA For Paperwork Reduction Act Notice , see the instructions. Form 990-PF (2010) -J"- 1 13101103 785048 0800720000 2010.04050 LEON LEVY FOUNDATION 08007201 Fnrm 990-PF(20101 T.Fnu T.Fw FnTTh1T PTnu 1f1-AnAgAf1F Page2 ^chedschedulesandamountsinthedescnphon Beginning of year End of year Part II Balance Sheets A column should be tor end -o t-year amounts only ( a) Book Value ( b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 5 , 698 , 806. 6 , 310 , 872. 6 , 310 , 872. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers , directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less: allowance for doubtful accounts ► , 8 Inventories for sale or use y 9 Prepaid expenses and deferred charges 97 , 558. 3 , 814 , 114. 3 , 814 , 114. 10a Investments - U.S. and state government obligations b Investments - corporate stock c Investments - corporate bonds 11 Investments - land, buildings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other STMT 13 527 437 419. 512 179 766. 451 997 141. 14 Land, buildings, and equipment basis ► 47 , 392 , 440. Less accumulated depreciation ► 5 , 486 , 594. 42 688 8 2 9. 41 , 905 846 . 41 1 905 , 846. 15 Other assets ( describe ► STATEMENT 14 ) 2 , 354 , 375. 1 , 133 , 414. 1 , 133 , 414. 16 Total assets to be completed by all filers 578 2 7 6 987 . 565 , 344 012. 505 , 161 , 387. 17 Accounts payable and accrued expenses 1 044 397 . 36 477 . 18 Grants payable 67 , 540 , 410. 73 , 995 385. 19 Deferred revenue 20 Loans from officers , directors, trustees , and other disqualified persons 2 21 Mortgages and other notes payable J 22 Other liabilities ( describe ► STATEMENT 15 ) 195 , 339. 795 , 942. 23 Total liabilities add lines 17 throw h 22 68 , 780 , 146. 744 , 8-2-7 , 804. Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 509 , 496 , 841. 490 , 516 , 208. 0 25 Temporarily restricted m 26 Permanently restricted r_ Foundations that do not follow SFAS 117 , check here PP. 0 'L and complete lines 27 through 31. ,, 27 Capital stock, trust principal, or current funds _ 28 Paid-in or capital surplus , or land, bldg., and equipment fund a 29 Retained earnings , accumulated income, endowment, or other funds Z 30 Total net assets or fund balances 509 , 496 , 841. 490 , 516 , 208. 31 Total liabilities and net assets/fund balances 578 , 276 , 987. 565 , 344 , 01 2 . Part III Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return) _ 1 1 509 , 496 , 841 . 2 Enter amount from Part I, line 27a _ 2 <22 , 228 , 261 . > 3 Other increases not included in line 2 (itemize) ► SEE STATEMENT 12 3 3 , 247 , 628. 4 Add lines 1, 2, and 3 4 490 , 516 , 208. 5 Decreases not included in line 2 (itemize) ► 5 0 . 6 Total net assets or fund balances at end of year ( line 4 minus line 5 - Part II column ( b), line 30 6 490 , 516 , 208 . Form 990-PF (2010) 023511 12-07-10 2 13101103 785048 0800720000 2010.04050 LEON LEVY FOUNDATION 08007201 Form 990-PF (2010) LEON LEVY FOUNDATION 30-6085406 Page 3 Part IV Capital Gains and Losses for Tax on Investment Income (b How acquired (a) List and describe the kind(s) of property sold (e.g., real estate, (c' Date acquired (d) Date sold D - Purchase (mo., yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation day, yr.) (mo., day, la b SEE ATTACHED STATEMENT c d e allowed (e) Gross sales price (f) Depreciation (g) Cost or other basis (h) Gain or (loss) (or allowable) plus expense of sale (e) plus (f) minus (g) a b c d e 56 , 714 , 14. 1 1 43 140 421. 13 573 693. Complete only for assets showing gain in column (h) and owned by the fou ndation on 12/31/69 (I) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or Losses (from col. (h)) (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (I), if any a b c d e 13 573 693. If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If (loss), enter -0- in Part I, line 7 2 13 , 573 , 693. 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part I, line 8, column (c). If ( loss ), enter -0- in Part I line 8 3 N / A Fart V uualuTlcatlon under section 494U(e) Tor Fieaucea I ax on Net investment income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940( d)(2) applies, leave this part blank.