The David & Elaine Lozier Foundation
- Assets
- $29.5m
- Revenue
- $1.2m
- Investments
- $1.9m
- Employees
- 0
- Location
- Lynden, WA
- Founding
- Data as of
- 12/2021
- EIN
- 82-3663203
Organization Overview
The David & Elaine Lozier Foundation is located in Lynden, WA. 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. David & Elaine Lozier 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 12/2021, David & Elaine Lozier Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David & Elaine Lozier Foundation has awarded 69 individual grants totaling $1,999,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION STARTED IN DECEMBER 2017 TO PROVIDE SUPPORT TO VARIOUS NONPROFIT ORGANIZATIONS WORLD-WIDE WITH NEEDS FALLING WITHIN THE BOUNDS OF CHARITABLE, RELIGIOUS AND EDUCATIONAL AND WHOSE PURPOSES REFLECT THE MORAL AND FINANCIAL VIEWPOINTS THAT THE LOZIER'S HAVE HELD TO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lozier Director | 1 | $0 | |
Elaine Lozier Director | 1 | $0 | |
Leilani Lozier Salinas Treasurer | 4 | $0 | |
Suzanne Sisco Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,086,050 |
| Capital Gain Net Income | $1,086,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,157,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70,293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $90,804 |
| Contributions, gifts, grants paid | $1,474,500 |
| Total expenses and disbursements | $1,565,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,443,466 |
| Savings and temporary cash investments | $87,991 |
| 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 | $29,457,578 |
| 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 David & Elaine Lozier Foundation has awarded $1,474,500 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE PURPOSE: IN SUPPORT OF RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. THE FOUNDATION HAS ADVISORY PRIVILEGES. | $500,000 |
BILLY GRAHAM ASSOCIATION PURPOSE: SUPPORT FOR INTERNATIONAL EVANGELISM | $100,000 |
KIDSTOWN INTERNATIONAL INC PURPOSE: SUPPORT MARGINALIZED CHILDREN AND THEIR EDUCATION IN ROMANIA, INDIA, AND NEPAL | $55,000 |
Bellingham, WA PURPOSE: SUPPORT HOMELESS PEOPLE AND EVANGELICAL MISSION | $55,000 |
Charlotte, NC PURPOSE: SUPPORT EDUCATION FOR CHRISTIANS AND JEWS AND PROVIDE EMERGENCY RELIEF | $50,000 |
BREAD OF LIFE MISSION PURPOSE: SUPPORT HOMELESS PEOPLE AND EVANGELICAL MISSION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |