Lowe Foundation Inc
- Assets
- $141.0k
- Revenue
- $6.9k
- Investments
- $134.2k
- Employees
- 0
- Location
- Paradise Valley, AZ
- Founding
- 05/1968
- Data as of
- 01/2024
- EIN
- 39-6105120
Organization Overview
Lowe Foundation Inc is located in Paradise Valley, AZ. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lowe Foundation Inc 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 01/2024, Lowe Foundation Inc generated $6.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $28.7k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Lowe Foundation Inc has awarded 100 individual grants totaling $106,225. 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.
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 |
|---|---|---|---|
Miriam Lowe President/treasurer | 0 | $0 | |
Ronald Lowe Director/secretary | 0 | $0 | |
Ninfa Lowe Vice President/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $425 |
| Dividends & Interest | $4,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,375 |
| Capital Gain Net Income | $2,375 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $64 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49 |
| Total operating and administrative expenses | $1,038 |
| Contributions, gifts, grants paid | $27,700 |
| Total expenses and disbursements | $28,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,812 |
| 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 | $28,474 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $141,038 |
| 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, Lowe Foundation Inc has awarded $27,700 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI DEFAMATION LEAGUE PURPOSE: TO FIGHT ALL FORMS OF HATE | $100 |
ARTHRITIS FOUNDATION PURPOSE: FINDING A CURE FOR ARTHRITIS | $100 |
ASU FOUNDATION PURPOSE: ENDOWMENT FOR HOLOCAUST & GENECIDE STUDIES | $25,000 |
AZ JEWISH HISTORICAL SOCIETY PURPOSE: TO SUPPORT MAINTAINENCE OF THE MUSEUM AND CULTURAL CENTER | $100 |
CARE PURPOSE: TO SUPPORT THE FIGHT AGAINST GLOBAL POVERTY AND WORLD HUNGER | $100 |
CASS PURPOSE: TO SUPPORT THE PREVENTION AND FIGHT AGAINST HOMELESSNESS | $100 |