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Also known as: FOUNDATION INC
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Michael And Carol Lowenstein Foundation Inc. is a private corporation based in GREENWICH, CT. The foundation received its IRS ruling in 2009. The principal officer is Michael Lowenstein. It holds total assets of $73.8M. Annual income is reported at $34.1M. Total assets have grown from $20.7M in 2010 to $54.7M in 2023. The foundation is governed by 4 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 2016 to 2023. The foundation primarily funds organizations in New York and Pennsylvania. According to available records, Michael And Carol Lowenstein Foundation Inc. has made 81 grants totaling $11.2M, with a median grant of $10K. Annual giving has grown from $1.9M in 2020 to $2.8M in 2023. Grantmaking activity was highest in 2022 with $4.9M distributed across 34 grants. Individual grants have ranged from $1K to $2.1M, with an average award of $138K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Massachusetts, which account for 89% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$13K
Average Grant
$94K
Largest Grant
$1.3M
Based on 20 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.
Michael And Carol Lowenstein Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in NY, PA, MA.
Michael And Carol Lowenstein Foundation Inc. has distributed a total of $11.2M across 81 grants. The median grant size is $10K, with an average of $138K. Individual grants have ranged from $1K to $2.1M.
Michael And Carol Lowenstein Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Michael And Carol Lowenstein Foundation Inc. is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael B Lowenstein | DIRECTOR | $0 | $0 | N/A |
| Jeffery Lowenstein | DIRECTOR | $0 | $0 | N/A |
| Gino Labruzzo | SECRETARY | $0 | $0 | N/A |
| Li Dick | ASSISTANT SECRETARY | $0 | $0 | N/A |
Total Giving
$2.8M
Total Assets
$54.7M
Fair Market Value
N/A
Net Worth
$54.7M
Grants Paid
N/A
Contributions
$42K
Net Investment Income
$2.8M
Distribution Amount
$2.7M
Total Grants
81
Total Giving
$11.2M
Average Grant
$138K
Median Grant
$10K
Unique Recipients
42
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Communal FundGENERAL | New York, NY | $2.1M | 2023 |
| Uja-Federation Of New YorkGENERAL | New York, NY | $260K | 2023 |
| Brothers For LifeGENERAL | Seattle, WA | $104K | 2023 |
| Moving TraditionsGENERAL | Elkins Park, PA | $100K | 2023 |
| Broad Institute IncGENERAL | Cambridge, MA | $100K | 2023 |
| American Jewish Joint Distribution CommitteeGENERAL | New York, NY | $25K | 2023 |
| American Jewish CommitteeGENERAL | New York, NY | $25K | 2023 |
| Larchmont TempleGENERAL | Larchmont, NY | $16K | 2023 |
| Candlelighters Of New York City IncGENERAL | New York, NY | $15K | 2023 |
| Us Soccer FederationGENERAL | Chicago, IL | $5K | 2023 |
| The Public TheaterGENERAL | New York, NY | $5K | 2023 |
| Whitney Museum Of American ArtGENERAL | New York, NY | $5K | 2023 |
| Entertainment Community FundGENERAL | New York, NY | $3K | 2023 |
| Selfhelp Community Services Foundation IncGENERAL | New York, NY | $2K | 2023 |
| Weill Medical CollegeGENERAL | New York, NY | $100K | 2022 |
| Facing History & OurselvesGENERAL | Brookline, MA | $100K | 2022 |
| Westchester Jewish Community ServicesGENERAL | White Plains, NY | $6K | 2022 |
| Pan-Massachusetts ChallengeGENERAL | Needham, MA | $5K | 2022 |
| Pediatric Cancer Research FoundationGENERAL | Irvine, CA | $5K | 2022 |
| Trustees Of The University Of PennsylvaniaGENERAL | Philadelphia, PA | $5K | 2022 |
| Temple Shaaray TefilaGENERAL | Bedford Corners, NY | $3K | 2022 |
| New York PresbyterianGENERAL | New York, NY | $1K | 2022 |
| The Summer CampGENERAL | Bridgton, ME | $1K | 2022 |
| Nys Troopers Pba Signal 30 Fund IncGENERAL | Albany, NY | $1K | 2022 |
| Museum Of Jewish HeritageGENERAL | New York, NY | $479K | 2021 |