EIN 04-3401997

Greater Lowell Community Foundation

Name: Greater Lowell Community Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Lowell

State

Massachusetts

Year formed

1997

Most recent tax filings

2023-12-01

NTEE code, primary

T31: Community Foundations

Description

The Greater Lowell Community Foundation enhances community well-being through strategic philanthropy, distributing grants and scholarships to local nonprofits and students.

Total revenues

$8,510,011

2023

Total expenses

$7,200,108

2023

Total assets

$61,872,454

2023

Num. employees

2023

Program areas at Greater Lowell Community Foundation

Distributing grants to local non-profit agencies and scholarships to area students in accordance with our mission to improve the quality of life in the Greater Lowell Community.

Grants made by Greater Lowell Community Foundation

Grantee	Grant description	Grant year	Amount
Catie's Closet	General Support	2023-12	$228,767
University of Massachusetts	General Support	2023-12	$190,159
Coalition for a Better Acre (CBA)	General Support, Diy	2023-12	$152,383
...and 78 more grants made totalling $2,782,709

Who funds Greater Lowell Community Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Klarman Family Foundation	2023-12	Massachusetts Community Grants: To Support Current Community Needs for Fiscal Years 2022 and 2023	$100,000
Charities Aid Foundation of America	2023-04	Charitable Donation	$72,670
Community Foundation of North Central Massachusetts	2023-06	Environmental	$59,728
...and 11 more grants received

Personnel at Greater Lowell Community Foundation

Name	Title	Compensation	Date of data
James F. Linnehan Jr., Esq.	President and Chief Executive Officer	$181,048	2024-12-26
Jennifer Aradhya	Vice President for Marketing , Programs + Strategy	$134,586	2024-12-26
Howard Amidon	Vice President for Philanthropy	$116,958	2024-12-26
Fatima Palermo	Scholarship Coordinator and Office Manager		2024-12-26
Maria Papandreou	Grants Manager		2024-12-26
...and 7 more key personnel

Financials for Greater Lowell Community Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$6,542,371	$7,964,468	-17.9%
Program services	$0	$0	-
Investment income and dividends	$1,003,986	$787,127	27.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$978,963	$674,951	45%
Net income from fundraising events	$-15,309	$-15,309	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$8,510,011	$9,411,237	-9.6%

Form 990s for Greater Lowell Community Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-05-14	990	View PDF
2022-12	2023-05-11	990	View PDF
2021-12	2022-05-05	990	View PDF
2020-12	2021-05-21	990	View PDF
2019-12	2020-09-25	990	View PDF
...and 10 more Form 990s

Organizations like Greater Lowell Community Foundation

Organization	Type	Location	Revenue
Pinebelt Foundation	501(c)(3)	Hattiesburg, MS	$5,581,238
Bay Area Community Foundation	501(c)(3)	Bay City, MI	$3,886,280
East Tennessee Foundation (ETF)	501(c)(3)	Knoxville, TN	$25,934,976
Fremont Area Community Foundation	501(c)(3)	Fremont, MI	$14,863,634
Jackson Community Foundation / Monica Moser President	501(c)(3)	Jackson, MI	$5,471,863
The Community Foundation San Luis Obispo County (SLOCCF)	501(c)(3)	San Luis Obispo, CA	$3,221,396
LaGrange County Community Foundation	501(c)(3)	Lagrange, IN	$2,964,720
Chautauqua Region Community Foundation	501(c)(3)	Jamestown, NY	$12,003,854
Community Foundation of Western Pennsylvania and Eastern Ohio	501(c)(3)	Sharon, PA	$18,135,472
Community Foundation of the Virgin Islands (CFVI)	501(c)(3)	Saint Thomas, VI	$4,268,383

Data update history

December 26, 2024

Updated personnel

Identified 3 new personnel

December 25, 2024

Received grants

Identified 1 new grant, including a grant for $100,000 from Klarman Family Foundation

September 21, 2024

Received grants

Identified 2 new grant, including a grant for $10,000 from Leominster Credit Union

August 20, 2024

Posted financials

Added Form 990 for fiscal year 2023

August 9, 2024

Updated personnel

Identified 1 new personnel

Nonprofit Types

Grantmaking organizationsCommunity foundationsCharities

Issues

EducationCommunity improvement

Characteristics

Operates donor advised fundsProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations

General information

Address: 100 Merrimack St; Lowell, MA 01852
Metro area: Boston-Cambridge-Newton, MA-NH
County: Middlesex County, MA
Website URL: glcfoundation.org/
Phone: (978) 970-1600
Facebook page: GLCFoundation
Twitter profile: @glcfoundation

IRS details

EIN: 04-3401997
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1997
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T31: Community Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Greater Lowell Community Foundation

Program areas at Greater Lowell Community Foundation

Grants made by Greater Lowell Community Foundation

Who funds Greater Lowell Community Foundation

Personnel at Greater Lowell Community Foundation

Financials for Greater Lowell Community Foundation

Form 990s for Greater Lowell Community Foundation

Organizations like Greater Lowell Community Foundation

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