David And Lura Lovell Foundation
- Assets
- $3.2m
- Revenue
- $201.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 01/1994
- Data as of
- 12/2023
- EIN
- 34-1733685
Organization Overview
David And Lura Lovell Foundation is located in Tucson, AZ. The organization was established in 1994. 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. David And Lura Lovell 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, David And Lura Lovell Foundation generated $201.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (48.9%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, David And Lura Lovell Foundation has awarded 375 individual grants totaling $35,265,702. 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 |
|---|---|---|---|
Ann W Lovell President | 3 | $0 | |
Marty Cohen Trustee | 0 | $0 | |
Kendra Moushey Trustee | 0 | $0 | |
John Amoroso Executive Di | 40 | $194,010 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rossetti Consulting Group | 12/30/21 | $114,704 |
William Blair Llc | 12/30/21 | $82,670 |
Impact Partners Film Services Llc | 12/30/21 | $53,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $200,117 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,250 |
| Total Revenue | $201,367 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $194,010 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $42,526 |
| Interest | $0 |
| Taxes | $5,460 |
| Depreciation | $8,886 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $21,030 |
| Printing and publications | $0 |
| Other expenses | $160,694 |
| Total operating and administrative expenses | $682,992 |
| Contributions, gifts, grants paid | $3,254,499 |
| Total expenses and disbursements | $3,937,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,655,760 |
| 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 | $250,000 |
| 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 | $268,920 |
| Other assets | $15,090 |
| Total assets | $3,189,770 |
| 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, David And Lura Lovell Foundation has awarded $5,139,256 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE TO TURN INC PURPOSE: MATCHING GRANT | $500 |
ACADEMIC CONSORTIUM FOR INTEGRATIVE PURPOSE: INTEGRATIVE HEALTH AND WELLNESS | $10,500 |
BAY VIEW ASSOCIATION PURPOSE: MATCHING GRANT | $3,000 |
ACT ONE PURPOSE: YOUTH ACCESS TO ARTS | $100,000 |
BLACK SWAMP CONSERVANCY PURPOSE: MATCHING GRANT | $2,000 |
CATHOLIC COMMUNITY SERVICES OF SOUT PURPOSE: INCLUSION DIVERSITY EQUITY AND ACCES | $15,000 |