Lewis And Joan Lowenstein Foundation
- Assets
- $8.6m
- Revenue
- $182.7k
- Investments
- $8.5m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 05/2012
- Data as of
- 12/2022
- EIN
- 45-3983093
Organization Overview
Lewis And Joan Lowenstein Foundation is located in Houston, TX. The organization was established in 2012. 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. Lewis And Joan Lowenstein 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 12/2022, Lewis And Joan Lowenstein Foundation generated $182.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $743.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Lewis And Joan Lowenstein Foundation has awarded 533 individual grants totaling $7,104,200. 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 |
|---|---|---|---|
Harold Hidalgo Director | 5 | $30,000 | |
Leonard Weiner Director | 5 | $30,000 | |
Anna Marie Hidalgo Director | 4 | $19,200 | |
Barby Weiner Director | 4 | $19,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $212,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,246 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $98,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,301 |
| Interest | $0 |
| Taxes | $27,984 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,518 |
| Printing and publications | $0 |
| Other expenses | $16,802 |
| Total operating and administrative expenses | $228,107 |
| Contributions, gifts, grants paid | $515,250 |
| Total expenses and disbursements | $743,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $126,312 |
| 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 | $8,502,333 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,628,645 |
| 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, Lewis And Joan Lowenstein Foundation has awarded $515,250 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEY THEATRE PURPOSE: CHARITABLE CONTRIBUTIONS | $10,000 |
AMERICAN ASSOCIATES BEN GURION UNIVERSITY PURPOSE: CHARITABLE CONTRIBUTIONS | $20,000 |
AMERICAN TECHNION SOCIETY PURPOSE: CHARITABLE CONTRIBUTIONS | $25,000 |
BRIARWOOD-BROOKWOOD INC PURPOSE: CHARITABLE CONTRIBUTIONS | $10,000 |
CANCARE INC PURPOSE: CHARITABLE CONTRIBUTIONS | $3,750 |
CASA DE ESPERANZA DE LOS NINOS INC PURPOSE: CHARITABLE CONTRIBUTIONS | $5,000 |