The@jane K Lowe Charitable Foundation
- Assets
- $25.9m
- Revenue
- $1.3m
- Investments
- $25.6m
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 63-6203439
Organization Overview
The@jane K Lowe Charitable Foundation is located in Huntsville, AL. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@jane K Lowe Charitable 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, The@jane K Lowe Charitable Foundation generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@jane K Lowe Charitable Foundation has awarded 228 individual grants totaling $19,681,518. 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 |
|---|---|---|---|
Wf Sanders Jr Trustee | 4 | $50,000 | |
Richard J Smith Trustee | 10 | $50,000 | |
John R Wynn Trustee | 4 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $339,880 |
| Dividends & Interest | $542,741 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $368,684 |
| Capital Gain Net Income | $368,684 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,251,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,393 |
| Depreciation | $406 |
| Occupancy | $1,500 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,517 |
| Total operating and administrative expenses | $228,200 |
| Contributions, gifts, grants paid | $1,501,500 |
| Total expenses and disbursements | $1,729,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $243,697 |
| 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 | $10,131 |
| Net Investments - land, buildings, equipment | $15,780 |
| Investments—mortgage loans | $0 |
| Investments—other | $25,611,090 |
| Net Land, buildings, and equipment | $609 |
| Other assets | $0 |
| Total assets | $25,881,307 |
| 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@jane K Lowe Charitable Foundation has awarded $2,346,230 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY BALLET ASSOCIATION PURPOSE: FUNDING TO SUPPORT AND EXPAND THE DISCOVER DANCE OUTREACH AND EDUCATION PROGRAMS. | $15,060 |
AGNES SCOTT COLLEGE PURPOSE: EDUCATION | $75,075 |
COMMUNITY FOUNDATION OF GREATER DECATUR PURPOSE: FUNDING TO BE USED IN FURTHERANCE OF THEIR CHARITABLE MANDATE. | $15,060 |
COMMUNITY FREE CLINIC PURPOSE: FUNDING FOR SUPPORT OF THE PHARMACEUTICAL FUND TO PURCHASE LIFE-SUSTAINING PHARMACEUTICALS & MEDICAL SUPPLIES. | $15,060 |
COMMUNITY FREE DENTAL CLINIC PURPOSE: FUNDING TO SUPPORT THE PURCHASE OF A WHEELCHAIR RECLINER FOR PATIENTS CONFINED TO A WHEELCHAIR. | $15,060 |
FOOD BANK OF NORTH ALABAMA PURPOSE: FUNDING TO SUPPORT THE "FOOD IS THE FOCUS. PEOPLE ARE THE WHY" INITIATIVE TO ASSIST IN THE CONSTRUCTION AND EQUIPPING OF A DISTRIBUTION CENTER THAT WILL MORE THAN DOUBLE THE CAPACITY TO ACCEPT AND DISTRIBUTE FOOD TO FAMILIES AND INDIVIDUALS WHO ARE FOOD INSECURE. | $100,000 |