Robert & Elizabeth Lowe Family Foundation
- Assets
- $4.1m
- Revenue
- $211.3k
- Investments
- $3.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 95-4359864
Organization Overview
Robert & Elizabeth Lowe Family Foundation is located in Los Angeles, CA. The organization was established in 1992. 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. Robert & Elizabeth Lowe 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, Robert & Elizabeth Lowe Family Foundation generated $211.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $227.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert & Elizabeth Lowe Family Foundation has awarded 287 individual grants totaling $1,421,225. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Lowe President | 1 | $0 | |
Elizabeth H Lowe Secretary | 1 | $0 | |
Robert J Lowe Jr Vice Pres. | 1 | $0 | |
Michael H Lowe Vice Pres. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,869 |
| Dividends & Interest | $102,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,644 |
| Capital Gain Net Income | $80,315 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,640 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,640 |
| Total operating and administrative expenses | $36,167 |
| Contributions, gifts, grants paid | $191,314 |
| Total expenses and disbursements | $227,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,989 |
| 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 | $4,072,017 |
| 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, Robert & Elizabeth Lowe Family Foundation has awarded $191,314 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
KENT SCHOOL PURPOSE: GENERAL SUPPORT TO THE KENT ANNUAL FUND PROGRAMS INCLUDING TO STRENGTHEN EDUCATIONAL EXPERIENCES OF STUDENTS. | $2,500 |
AMERICAN HEART ASSOCIATION PURPOSE: TO FUND PUBLIC EDUCATION OF HEART AND STROKE DISEASE INCLUDING HIGH RISK FACTORS. | $2,000 |
LEVEL-UP LA PURPOSE: TO SUPPORT STUDENTS AND TEACHERS IN LOS ANGELES SCHOOLS. | $2,500 |
HARVARD WESTLAKE SCHOOL PURPOSE: TO SUPPORT THE "OPPORTUNITY OF A LIFETIME" CAMPAIGN FOR THE ENDOWED FUND. | $2,500 |
HEAL THE BAY PURPOSE: SUPPORT ENVIROMENTAL ORGANZIATION FOR IMPROVEMENT OF COASTAL WATER. | $5,000 |
EISENHOWER HEALTH PURPOSE: MEDICAL CENTER COMMUNITY SUPPORT. | $2,500 |