M Lowell Edwards Foundation is located in St Paul, MN. The organization was established in 2000. 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. M Lowell Edwards 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, M Lowell Edwards Foundation generated $72.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $137.2k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, M Lowell Edwards Foundation has awarded 103 individual grants totaling $676,200. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Teresa Edwards Allen Trustee | 0.1 | $0 | |
Craig Allen Trustee | 0.1 | $0 | |
Bruce David Edwards Trustee | 0.1 | $0 | |
Karen Young Trustee | 0.1 | $0 | |
Leslie Ann Edwards Trustee | 0.1 | $0 | |
David Schwendeman Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $61,584 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $11,270 |
Capital Gain Net Income | $11,270 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $72,854 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,524 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $12,144 |
Total operating and administrative expenses | $17,192 |
Contributions, gifts, grants paid | $120,000 |
Total expenses and disbursements | $137,192 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,880 |
Savings and temporary cash investments | $0 |
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 | $1,780,662 |
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 | $40 |
Total liabilities | $40 |
Over the last fiscal year, M Lowell Edwards Foundation has awarded $120,000 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
AAUW NEVADA COUNTY BRANCH PURPOSE: GENERAL SUPPORT | $6,000 |
OREGON HEALTH SCIENCE UNIVERSITY PURPOSE: GENERAL SUPPORT | $45,000 |
NEWBY PTA PURPOSE: GENERAL SUPPORT | $3,000 |
SEE YA LATER FOUNDATION PURPOSE: GENERAL SUPPORT | $7,000 |
UC DAVIS HEALTH SCIENCES DEVELOPMEN PURPOSE: GENERAL SUPPORT | $12,000 |
HOMEWARD BOUND PETS PURPOSE: GENERAL SUPPORT | $3,000 |