Malcomb & Beth Lowenstein Foundation
- Assets
- $1.5m
- Revenue
- $86.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 05/1964
- Data as of
- 12/2023
- EIN
- 38-6092530
Organization Overview
Malcomb & Beth Lowenstein Foundation is located in Bloomfield Hills, MI. The organization was established in 1964. 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. Malcomb & Beth 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 12/2023, Malcomb & Beth Lowenstein Foundation generated $86.9k 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 (5.6%) each year. All expenses for the organization totaled $158.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Malcomb & Beth Lowenstein Foundation has awarded 464 individual grants totaling $853,258. 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 |
|---|---|---|---|
Connie Lowenstein Colman Treasurer / Director | 2 | $0 | |
Betsy Lowenstein Feld President / Director | 2 | $0 | |
Raymond Lambert Secretary | 2 | $0 | |
Dr James M Feld Vice President / Director | 2 | $0 | |
James A Colman Vice President / Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $288 |
| Dividends & Interest | $49,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,960 |
| Capital Gain Net Income | $36,960 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,507 |
| Total operating and administrative expenses | $47,657 |
| Contributions, gifts, grants paid | $110,610 |
| Total expenses and disbursements | $158,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,865 |
| 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 | $1,239,125 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,532,261 |
| 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, Malcomb & Beth Lowenstein Foundation has awarded $110,610 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
ALL OF US FOUNDATION - INST FOR FIREARM INJURY PREVENTION PURPOSE: TO PROVIDE FUNDS FOR HEALTH ISSUES RESEARCH | $2,500 |
AM CANCER SOCIETY - RELAY FOR LIFE PURPOSE: TO PROVIDE FUNDS FOR CANCER RESEACH | $100 |
AMERICAN CANCER SOCIETY PURPOSE: TO PROVIDE MEDICAL RESEARCH AND FINANCIAL ASSISTANCE | $50 |
AMERICAN RED CROSS PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS IN NEED | $200 |
BABY QUEST PURPOSE: TO PROVIDE FUNDS FOR INFERTILITY ASSISTANCE | $150 |
AMNESTY INTERNATIONAL PURPOSE: TO PROVIDE ASSISTANCE IN INTERNATIONAL HUMAN RIGHTS EFFORTS | $100 |