Barry W Lowe And Karen Sue Lowe Foundation For Education
- Assets
- $1.6m
- Revenue
- $73.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Bartlesville, OK
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 26-6741532
Organization Overview
Barry W Lowe And Karen Sue Lowe Foundation For Education is located in Bartlesville, OK. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barry W Lowe And Karen Sue Lowe Foundation For Education 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 12/2021, Barry W Lowe And Karen Sue Lowe Foundation For Education generated $73.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.2%) each year. All expenses for the organization totaled $111.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Barry W Lowe And Karen Sue Lowe Foundation For Education has awarded 37 individual grants totaling $365,875. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER EDUCATION FOR UNDERPRIVILEDGED CHILDREN AND GRANTS FOR TEACHERS FOR USE IN THE CLASSROOM
TRI COUNTY SCHOLARSHIPS, OKLAHOMA WESLEYAN UNIVERSITY AND ROGERS STATE UNIVERSITY CONCURRENT ENROLLMENT TO FURTHER THEIR COLLEGE WHILE STILL IN HIGH SCHOOL
TUTORING OF CHILDREN TO ASSIST IN PASSING STATE MANDATED TEST, THUS TRANSITIONING FROM ONE GRADE TO THE NEXT GRADE, BOOKS FOR ME PROGRAM, RUBRIC AND THE COTTAGE
BARTLESVILLE PUBLIC SCHOOLS FOR CLASSROOM FURNITURE, STEAM PROGRAM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Lowe-Alton Treasurer | 0.5 | $0 | |
Brittany Hess Member | 0.25 | $0 | |
Frank Jordan Chairman | 0.5 | $0 | |
Dana Jordan Member | 0.5 | $0 | |
David Austin Member | 0.25 | $0 | |
Anna Short Secretary | 0.08 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,393 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,025 |
| Capital Gain Net Income | $28,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $626 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,501 |
| Total operating and administrative expenses | $24,279 |
| Contributions, gifts, grants paid | $86,975 |
| Total expenses and disbursements | $111,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $61,694 |
| 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 | $1,626,981 |
| 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, Barry W Lowe And Karen Sue Lowe Foundation For Education has awarded $86,975 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
LOWE FAMILY YOUNG SCHOLARS PURPOSE: OPERATING EXPENSES FOR THE ORGANIZATION | $40,000 |
BARTLESVILLE PUBLIC SCHOOL FOUNDATION-PPE PURPOSE: ASSIST THE BARTLESVILLE SCHOOLS WITH PLANT, PROPERTY & EQUIPMENT FOR STUDENTS-RANCH HEIGHTS FLEXIBLE SEATING AND HOOVER FURNITURE | $5,475 |
TRI COUNTY TECHNOLOGY-SCHOLARSHIPS PURPOSE: SCHOLARSHIPS FOR STUDENTS AT TRI COUNTY TECH | $5,000 |
CANEY VALLEY PUBLIC SCHOOLS PURPOSE: MATH MANIPULATES PROGRAM | $5,000 |
BARTLESVILLE EDUCATION PROMISE-READING & TUTORING PURPOSE: ASSIST TEACHERS WITH READING AND OTHER TUTORING OF THE BARTLESVILLE SCHOOLS | $5,000 |
ROGERS STATE UNIVERSITY PURPOSE: CONCURRENT ENROLLMENT FEES FOR HIGH SCHOOL STUDENTS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |