Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999
- Assets
- $7.1m
- Revenue
- $610.5k
- Investments
- $6.8m
- Employees
- 0
- Location
- Norwich, CT
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 06-6483991
Organization Overview
Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999 is located in Norwich, CT. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999 generated $610.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $425.3k during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999 has awarded 113 individual grants totaling $2,271,005. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremiah Lowney Trustee | 2 | $0 | |
Virginia Lowney Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $333,714 |
| Interest on Savings | $12,306 |
| Dividends & Interest | $216,536 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,909 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $610,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,606 |
| Contributions, gifts, grants paid | $394,675 |
| Total expenses and disbursements | $425,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $325,013 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,083,669 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jeremiah J & Virginia W Lowney Fam Foundation Tr 101999 has awarded $394,675 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR CHRISTIAN ACTI PURPOSE: UNRESTRICTED | $1,700 |
ANNUAL CATHOLIC APPEAL PURPOSE: UNRESTRICTED | $25,000 |
DIOCESE OF NORWICH PURPOSE: UNRESTRICTED | $26,500 |
HAITIAN HEALTH FOUNDATION PURPOSE: UNRESTRICTED | $73,620 |
HAITIAN HEALTH FOUND-VAR PURPOSE: UNRESTRICTED | $108,165 |
KNIGHTS OF COLUMBUS PURPOSE: UNRESTRICTED | $150 |