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Lowrance Family Foundation is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2000. The principal officer is Fred T Lowrance. It holds total assets of $349K. Annual income is reported at $627K. Total assets have grown from $130K in 2011 to $378K in 2023. The foundation is governed by 7 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 2020 to 2023. The foundation primarily funds organizations in North Carolina and Tennessee. According to available records, Lowrance Family Foundation has made 25 grants totaling $795K, with a median grant of $10K. Annual giving has grown from $127K in 2020 to $518K in 2022. Individual grants have ranged from $1K to $125K, with an average award of $32K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Carolina, Tennessee, Virginia, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$37K
Largest Grant
$125K
Based on 7 grants from the most recent 990-PF filing.
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.
Lowrance Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NC, TN, VA.
Lowrance Family Foundation has distributed a total of $795K across 25 grants. The median grant size is $10K, with an average of $32K. Individual grants have ranged from $1K to $125K.
Lowrance Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lowrance Family Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shannon L Allen | VICE PRESIDENT | $0 | $0 | N/A |
| Fred Lowrance | PRESIDENT/SEC/TREASURER | $0 | $0 | N/A |
| Fred Lowrance Jr | VICE PRESIDENT | $0 | $0 | N/A |
| B Marc Allen | DIRECTOR | $0 | $0 | N/A |
| Sallie L Fitton | VICE PRESIDENT | $0 | $0 | N/A |
| Hontas M Lowrance | DIRECTOR | $0 | $0 | N/A |
| Michael G Fitton | DIRECTOR | $0 | $0 | N/A |
Total Giving
$356K
Total Assets
$378K
Fair Market Value
$592K
Net Worth
$378K
Grants Paid
$348K
Contributions
$3K
Net Investment Income
$130K
Distribution Amount
$31K
Total Grants
25
Total Giving
$795K
Average Grant
$32K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Center For Community TransitionsGENERAL PURPOSE SUPPORT | Charlotte, NC | $125K | 2022 |
| Myers Park Presbyterian ChurchGENERAL PURPOSE SUPPORT | Charlotte, NC | $85K | 2022 |
| Make-A-Wish Central & Western North CarolinaGENERAL PURPOSE SUPPORT | Charlotte, NC | $30K | 2022 |
| Opera CarolinaGENERAL PURPOSE SUPPORT | Charlotte, NC | $10K | 2022 |
| Bright BlessingsGENERAL PURPOSE SUPPORT | Matthews, NC | $5K | 2022 |
| Preston Taylor MinistriesGENERAL PURPOSE SUPPORT | Nashville, TN | $3K | 2022 |
| Friends Of Warner ParksGENERAL PURPOSE SUPPORT | Nashville, TN | $1K | 2022 |
| One Voice FellowshipGENERAL PURPOSE SUPPORT | Falls Church, VA | $10K | 2021 |
| Make A WishGENERAL PURPOSE SUPPORT | Phoenix, AZ | $6K | 2020 |
| Center For Community FoundationGENERAL PURPOSE SUPPORT | Charlotte, NC | $2K | 2020 |
| New Beginnings Treatment CenterGENERAL PURPOSE SUPPORT | Charlotte, NC | $2K | 2020 |