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Elaine And Jeffrey Lovell Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2024. The principal officer is Foundation Source. It holds total assets of $6M. Annual income is reported at $8M. Total assets have decreased from $5.7M in 2021 to $4.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Elaine And Jeffrey Lovell Foundation has made 53 grants totaling $583K, with a median grant of $5K. Annual giving has decreased from $334K in 2022 to $249K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $11K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Colorado, Florida, Oklahoma, which account for 72% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Elaine And Jeffrey Lovell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in CO, FL, OK.
Elaine And Jeffrey Lovell Foundation has distributed a total of $583K across 53 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $100K.
Elaine And Jeffrey Lovell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elaine And Jeffrey Lovell Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elaine W Lovell | Sec, VP | $0 | $0 | N/A |
| Jeffrey D Lovell | Dir, Pres, Treas | $0 | $0 | N/A |
Total Giving
$316K
Total Assets
$4.3M
Fair Market Value
$4.7M
Net Worth
$4.3M
Grants Paid
$249K
Contributions
$438K
Net Investment Income
$479K
Distribution Amount
$200K
Total Grants
53
Total Giving
$583K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
22
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Colorado FoundationAthletic Director's Discretionary Fund | Denver, CO | $100K | 2023 |
| Vail Health Services FoundationGeneral & Unrestricted | Vail, CO | $50K | 2023 |
| Vail Valley Foundation IncGeneral & Unrestricted | Avon, CO | $10K | 2023 |
| Indian River Hospital Foundation IncGeneral & Unrestricted | Vero Beach, FL | $10K | 2023 |
| The Learning Alliance IncGeneral & Unrestricted | Vero Beach, FL | $10K | 2023 |
| Vero Beach Museum Of Art Incgeneral & unrestricted | Vero Beach, FL | $10K | 2023 |
| Vilar Performing Arts Center IncGeneral & Unrestricted | Avon, CO | $10K | 2023 |
| First Liberty InstituteGeneral & Unrestricted | Plano, TX | $10K | 2023 |
| Vail Veterans Foundation IncGeneral & Unrestricted | Vail, CO | $5K | 2023 |
| Wounded Warrior Project Long Term Support TrGeneral & Unrestricted | Jacksonville, FL | $5K | 2023 |
| Small Champions IncGeneral & Unrestricted | Vail, CO | $5K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGeneral & Unrestricted | Staten Island, NY | $5K | 2023 |
| Folds Of Honor FoundationGeneral & Unrestricted | Tulsa, OK | $5K | 2023 |
| Samaritan Center Of The Rockies IncGeneral & Unrestricted | Edwards, CO | $3K | 2023 |
| Life Training InstituteGeneral & Unrestricted | Newnan, GA | $3K | 2023 |
| Westcoast Sports Associates IncGeneral & Unrestricted | Los Angeles, CA | $3K | 2023 |
| John'S Island Foundation IncGeneral & Unrestricted | Indian River Shores, FL | $3K | 2023 |
| Sigma Nu Educational Foundation IncGeneral & Unrestricted | Lexington, VA | $1K | 2023 |
| Beaver Creek Chapel Endowment FoundationGeneral & Unrestricted | Eagle, CO | $1K | 2023 |
| Bucknell UniversityBison Club Men's Water Polo Program | Lewisburg, PA | $1K | 2023 |
| Peninsula Committee Childrens HospitalCharitable Event | Pls Vrds Est, CA | $1K | 2023 |
| Samaritans PurseGeneral & Unrestricted | Boone, NC | $3K | 2022 |