Lowenstein Brothers Foundation
- Assets
- $3.4m
- Revenue
- $261.8k
- Investments
- $3.4m
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 05/1958
- Data as of
- 10/2023
- EIN
- 43-6055404
Organization Overview
Lowenstein Brothers Foundation is located in Overland Park, KS. The organization was established in 1958. 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. Lowenstein Brothers Foundation 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 10/2023, Lowenstein Brothers Foundation generated $261.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $278.2k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lowenstein Brothers Foundation has awarded 15 individual grants totaling $1,025,750. 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 |
|---|---|---|---|
Lon J Lowenstein Trustee | 1 | $0 | |
Gleen L Lowenstein Trustee | 1 | $0 | |
Reed Lowenstein Trustee | 1 | $0 | |
John Lowenstein Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $227 |
| Dividends & Interest | $101,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,613 |
| Capital Gain Net Income | $59,613 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $364 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,678 |
| Total operating and administrative expenses | $48,196 |
| Contributions, gifts, grants paid | $230,000 |
| Total expenses and disbursements | $278,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,043 |
| 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 | $2,113,639 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,435,167 |
| 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, Lowenstein Brothers Foundation has awarded $230,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH COMMUNITY CENTER PURPOSE: GENERAL SUPPORT | $30,000 |
LOWENSTEIN FAMILY SUPPORT FDN PURPOSE: GENERAL PURPOSE | $200,000 |