Totals
- Total revenue
- $1,559,624
- Total expenses
- $463,426
- Contributions and grants received
- $692,614
- Grants paid
- $385,201
- Program service revenue
- $0
- Investment income
- $867,010
- Other revenue
- $0
- Total assets, end of year
- $15,249,410
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $15,249,410
- Program services expenses (Part IX)
- $385,201
- Management and general expenses
- $69,308
- Fundraising expenses
- $8,917
- Program service expenses (Part III)
- $385,201
Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$692,614
-
1g · Noncash contributions included above
$550,811
-
3 · Investment income
total $237,122 · excluded $237,122
-
7a · Gross sales of assets other than inventory
securities $6,274,539
-
7b · Less cost or other basis and sales expenses
securities $5,571,425 · other assets $73,226
-
7c · Gain or loss
securities $703,114 · other assets -$73,226
-
7d · Net gain or loss
total $629,888 · excluded $629,888
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $385,201 · program services $385,201
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
11f · Fees: investment management
total $54,194 · management and general $54,194
-
13 · Office expenses
total $238 · management and general $238
-
23 · Insurance
total $2,876 · management and general $2,876
-
24a · Other expenses: LICENSES AND FEES
total $8,917 · fundraising $8,917
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $154,411 · end of year $186,366
-
2 · Savings and temporary cash investments
beginning of year $427,322 · end of year $792,031
-
3 · Pledges and grants receivable
beginning of year $2,350,000 · end of year $360,000
-
11 · Investments: publicly traded securities
beginning of year $10,085,112 · end of year $8,976,948
-
15 · Other assets
beginning of year $963,925 · end of year $4,934,065
-
27 · Net assets without donor restrictions
beginning of year $2,135,968 · end of year $2,150,591
-
28 · Net assets with donor restrictions
beginning of year $11,844,802 · end of year $13,098,819
Mission and programs · 2024
Mission
TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION OF RESEARCH AND EDUCATION BY GENERATING PERPETUAL FINANCIAL SUPPORT.
Activities or mission (Part I)
TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION BY GENERATING PERPETUAL FINANCIAL SUPPORT.
-
THE LOWELL OBSERVATORY FOUNDATION (LOF) ACCEPTS GIFTS FOR ENDOWED FUNDS AND MANAGES THE FUNDS TO SUPPORT THE OBSERVATORY'S GENERAL OPERATIONS AND THE GROWTH OF THE ENDOWED FUNDS. IN 2024, THE FOUNDATION RECEIVED SEVERAL GENEROUS GIFTS. ONE EXAMPLE IS THE $525,000 FROM HENRY FLIEGEL TO BUILD UP THE PERCIVAL LOWELL POST DOCTORAL FELLOWSHIP ENDOWMENT. IN ADDITION, WE RECEIVED A NUMBER OF CONTRIBUTIONS TO GROW THE ADC ENDOWMENT. WITH UNCERTAIN MARKET TRENDS, THE NEW GIFTS TO THE FOUNDATION IN 2024 WILL GUARD AGAINST ANY POTENTIAL CORRECTIONS OR DOWNTURNS IN 2025.
Expenses $385,201 · Grants $385,201
As filed on the 2024 return.
Listed in Part VII
-
Logan BayerLOGAN BAYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Camille BiblesCAMILLE BIBLES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Patricia BowdlerPATRICIA BOWDLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephen W BrownSTEPHEN W BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David D ChaseDAVID D CHASE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
W David ConnellW DAVID CONNELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Neil GavinNEIL GAVIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Virginia G GiovaleVIRGINIA G GIOVALE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
W Lowell PutnamW LOWELL PUTNAM
TRUSTEE
- Total calculated
- $18,684
- From this org
- $0
- From related orgs
- $6
- Other
- $18,678
- Hours/week
- 2 + 32 related
-
Donna WeistropDONNA WEISTROP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Marjorie McClanahanMARJORIE MCCLANAHAN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
George Putnam IIIGEORGE PUTNAM III
BOARD VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Leslie CurrieLESLIE CURRIE
EXECUTIVE DIRECTOR
- Total calculated
- $204,171
- From this org
- $0
- From related orgs
- $188,531
- Other
- $15,640
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $171,156 related
- Bonus
- $0
- Other
- $0 + $17,375 related
- Deferred
- $0 + $4,700 related
- Nontaxable benefits
- $0 + $10,940 related
- Filer's total
- $0 + $204,171 related
-
Anne LabruzzoANNE LABRUZZO
CHIEF FINANCIAL OFFICER
- Total calculated
- $198,721
- From this org
- $0
- From related orgs
- $176,555
- Other
- $22,166
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $176,555 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,977 related
- Nontaxable benefits
- $0 + $13,189 related
- Filer's total
- $0 + $198,721 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$385,201
OPERATIONAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · ASTRONOMICAL RESEARCH AND EDUCATION · AZ
Directly controlled by TRUST UW OF PERCIVAL LOWELL
-
501(C)(3) · CHARITABLE TRUST F/B/O LOWELL OBSERVATORY · AZ
Directly controlled by LOWELL OBSERVATORY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202512269349301716
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