2024-11-07T21:18:59-07:00 2023-12-31 Adam Baker CPA 32508 Turkey Loop Underwood MN 56586 990 2023-01-01 850762544 LEVER FOUNDATION GROWTH FUND LEVE 7175841805 242 Elizabeth Drive Lancaster PA 17601 Nick Cooney Executive Director 7175841805 2024-10-28 1 1 Adam Baker P00686824 3177482640 2024-10-25 X 2023 2024-10-15 13:58:12Z Nick Cooney 242 Elizabeth Drive Lancaster PA 17601 2578500 0 X X 2020 PA 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. 4 3 0 3 0 0 2273000 2578500 0 0 0 0 0 0 2273000 2578500 1725000 2700000 0 0 0 0 0 0 0 573 591 1725573 2700591 547427 -122091 3044959 2922868 0 0 3044959 2922868 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 attractive 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. 0 0 2700000 0 0 The Fund will also carries out general grantmaking, providing grants to Lever Foundation and other public charities that share the Foundation's mission. 0 0 0 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 0 0 2700000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA X Nick Cooney 7175841805 242 Elizabeth Drive Lancaster PA 17601 Kai Yi Carrie Chan Director 1 0 X 0 0 0 Nick Cooney Director 15 0 X X 0 0 0 Brian Ottens Director 1 0 X 0 0 0 Yaqi Gao Grover Director 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2578500 0 2578500 0 0 0 0 0 0 0 2578500 0 0 0 2700000 2700000 591 0 591 0 2700591 2700000 591 0 591774 219617 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2453185 2703251 0 0 0 0 3044959 2922868 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2744959 2622868 300000 300000 3044959 2922868 3044959 2922868 -122091 0 0 0 0 0 X 0 1 X 1 0 X X 1 Lever Foundation 823445472 7 1 2700000 0 1 2700000 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part IV, Section A, Line 6 Lever Foundation Growth Fund Maintains a donor advised fund with CharityVest Inc. The donations made to CharityVest Inc. are, in turn, granted to the Supported Organization Lever Foundation, Inc. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Startups in the alt. protein space that have the potential to impact the Fund's charitable purpose. 2703251 C 2703251 2578500 0 0 0 0 0 2578500 0 0 0 2578500 2700591 0 0 0 0 0 2700591 0 0 0 2700591 1 East Asia and the Pacific 0 0 Investments Program Related Investments 350000 0 0 350000 0 0 1 0 0 0 Schedule F, Part I, Line 2 Program Related Investments 1 CharityVest Inc PO Box 675791 Marietta GA 30006 812771871 2700000 Cash Lever Foundation Growth Fund maintains a donor advised fund with CharityVest, Inc. This grant was to that donor advised fund, which, in turn was granted to the Supported Organization, Lever Foundation, Inc. 1 0 Schedule I, Part I, Line 2 Lever Foundation Growth Fund is set up as a 509a3 Type I supporting organization, and Lever Foundation is the foundation that Lever Foundation Growth Fund supports. They are the only organization that the Fund plans to grant money to, and thus there are no procedures set up to monitor them, as they have the same board and Director, who are well aware of whom is being granted money and for what purpose. Form 990, Part VI, Section A, Line 6 Yes, the Organization has members. Form 990, Part VI, Section A, Line 7a Yes, members have the right to appoint one or more members of the governing body (the board of directors). Form 990, Part VI, Section B, Line 11b The 990 form and schedules are compiled by an independent CPA, and reviewed by all board members to ensure information is accurate prior to submission. Form 990, Part VI, Section B, Line 12c Lever Foundation Growth Fund has a thorough written conflict of interest policy that directors sign annually. All persons having a conflict or potential conflict are required to disclose such to the rest of the Board for their review and consideration. Compliance is enforced by the Board, which reviews all potential conflicts of interest, and persons with a conflict of interest abstain from discussions relating to transactions or arrangements that involve or may involve actual or potential conflicts of interest. The potential existence of conflicts is considered when each Board discussion and vote is held and also reviewed once annually when the annual conflict of interest policy is re-signed. Form 990, Part VI, Section B, Line 15 Although no Officers or Key Employees were paid in 2023, the process is in place. The process for determining compensation for Officers, Directors and Key Employees, is considering comparability with other positions of this stature, and then being reviewed and approved by independent members of the board. Form 990, Part VI, Section C, Line 19 Lever Foundation Growth Fund's governing documents, conflict of interest policy and financial statements are available to the public upon request. Members of the public may contact Lever Foundation Growth Fund at 242 Elizabeth Drive, Lancaster, PA 17601, or by phone (717)584-1805, to request to view these documents. Lever Foundation Inc PO Box 715 Lancaster PA 17601 823445472 Prevent animal suffering and cruelty to animals by promoting healthy, humane and sustainable food. PA 501(c)(3) Public Charity N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 Lever Foundation Inc b 2700000 Amount Contributed to Lever Foundation.