The J K Lowder Family Foundation
- Assets
- $17.1m
- Revenue
- $647.4k
- Investments
- $15.1m
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 63-1139499
Organization Overview
The J K Lowder Family Foundation is located in Montgomery, AL. The organization was established in 1995. 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. J K Lowder Family 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 12/2023, J K Lowder Family Foundation generated $647.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $842.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, J K Lowder Family Foundation has awarded 642 individual grants totaling $7,504,073. 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 |
|---|---|---|---|
James K Lowder President | 1 | $0 | |
Margaret B Lowder Vice President | 1 | $0 | |
Emily L Wootten Executive Director | 20 | $60,000 | |
Joshua K Lowder Director | 0 | $0 | |
Anna C Lowder Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42,053 |
| Dividends & Interest | $437,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $122,990 |
| Capital Gain Net Income | $122,990 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $44,783 |
| Total Revenue | $647,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $15,657 |
| Interest | $0 |
| Taxes | $8,725 |
| Depreciation | $0 |
| Occupancy | $3,378 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,748 |
| Total operating and administrative expenses | $223,659 |
| Contributions, gifts, grants paid | $618,752 |
| Total expenses and disbursements | $842,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,197 |
| Savings and temporary cash investments | $197,434 |
| 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 | $1,856,064 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $5,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $226,731 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,000 |
| Total assets | $17,145,514 |
| 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, The J K Lowder Family Foundation has awarded $618,752 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
A EDUCATION PARTNERSHIP PURPOSE: COMMUNITY SUPPORT | $5,000 |
ALABAMA DANCE THEATRE PURPOSE: DANCE EDUCATION OUTREACH PROGRAM | $5,000 |
AL 4-H CLUB FOUNDATION PURPOSE: COMMUNITY SUPPORT | $10,000 |
ALABAMA COASTAL FOUNDATION PURPOSE: COMMUNITY SUPPORT | $1,000 |
ALABAMA INSTITUTE FOR EDUCATION IN THE ARTS (AIEA) PURPOSE: FUNDING FOR GENERAL PROGRAM EXPENDITURES | $5,000 |
ALABAMA SHAKESPEARE FESTIVAL (BOARD COMPAIGN) PURPOSE: SUPPORT FOR PERFORMING ARTS | $125,000 |