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EIN 47-2052113

Lowell Observatory Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Flagstaff
State
Arizona
Year formed
2014
Most recent tax filings
2022-12-01
NTEE code, primary
U30: Physical Sciences, Earth Sciences Research, Services
Description
The Lowell Observatory Foundation sustains and enhances the Observatory's mission by perpetually generating financial support. It was established to help donors achieve their long-term endowment goals and manage short-term targeted donations to support the Observatory's mission in perpetuity. The Foundation accepts gifts for endowed funds and manages them for the support of the Observatory's general operations and growth of the endowed funds. In 2022, several significant gifts were received by the Foundation.
Total revenues
$587,737
2022
Total expenses
$379,919
2022
Total assets
$9,574,343
2022
Num. employees
0
2022

Program areas at Lowell Observatory Foundation

The Lowell Observatory Foundation (lof) accepts gifts for endowed funds and manages the funds for the support of the Observatory's general operations and the growth of the endowed funds. In 2022, the Foundation received several significant gifts. These include $100,000 to supplement the godo endowed fund and a gift to create the percival Lowell postdoctoral fellowship fund. We also received an estate pledge that created the william g. tifft endowed fund for extragalactic and cosmological research. The funds will be delivered in 2023. While market trends drove the lof's endowment corpus values down in 2022, $550,000 in new gifts and pledge payments helped to offset the downturn.

Grants made by Lowell Observatory Foundation

GranteeGrant descriptionAmount
Lowell ObservatoryOperational Support$310,812

Who funds Lowell Observatory Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lowell ObservatoryTo Fund An Endowment$38,164
Targovnik Family FoundationGeneral Fund$3,000
AmazonSmile FoundationGeneral Support$17

Personnel at Lowell Observatory Foundation

NameTitleCompensation
Anne LabruzzoChief Financial Officer$0
Lisa ActorExecutive Director$0
Bruce KosaveachPhilanthropy Manager$0
Stephen RiggsDevelopment Manager
Donna WeistropBoard Chairman$0
...and 4 more key personnel

Financials for Lowell Observatory Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$505,724
Program services$0
Investment income and dividends$195,390
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-113,377
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$587,737

Form 990s for Lowell Observatory Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-17990View PDF
2021-122022-06-16990View PDF
2020-122021-07-22990View PDF
2019-122020-08-25990View PDF
2018-122019-09-27990View PDF
...and 4 more Form 990s
Data update history
September 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 26, 2023
Updated personnel
Identified 1 new personnel
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $38,164 from Lowell Observatory
August 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $539,611 from Lowell Observatory
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technologyArts, cultural, and humanities
Characteristics
Provides grantsConducts researchEndowed supportTax deductible donationsNo full-time employees
General information
Address
1400 W Mars Hill Rd
Flagstaff, AZ 86001
Metro area
Flagstaff, AZ
County
Coconino County, AZ
Website URL
foundation.lowell.edu/ 
Phone
(928) 774-3358
IRS details
EIN
47-2052113
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U30: Physical Sciences, Earth Sciences Research, Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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