2021-07-22T14:23:05-05:00 2020-12-31 860683059 BEACHFLEISCHMAN PC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2020-01-01 472052113 LOWELL OBSERVATORY FOUNDATION LOWE 9287743358 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 DONNA WEISTROP BOARD CHAIRMAN 9287743358 2021-07-20 1 DONNA WEISTROP 999009999 MONICA A VERA CPA P01456278 5203214600 2021-07-20 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DONNA WEISTROP 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 4776974 0 X FOUNDATION.LOWELL.EDU X 2014 AZ TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION BY GENERATING PERPETUAL FINANCIAL SUPPORT. 9 8 0 10 0 0 699109 2312462 0 0 81351 -117727 0 0 780460 2194735 1009235 198195 0 0 0 0 0 0 9527 49440 59151 1058675 257346 -278215 1937389 6705300 9679419 0 104054 6705300 9575365 THE FOUNDATION WAS ESTABLISHED TO HELP DONORS ACHIEVE THEIR LONG-TERM ENDOWMENT GOALS AND MANAGE SHORT-TERM TARGETED DONATIONS TO LOWELL OBSERVATORY IN ORDER TO SUPPORT THE OBSERVATORY'S MISSION IN PERPETUITY. 0 0 198195 198195 LOWELL OBSERVATORY FOUNDATION MANAGES THE ENDOWMENT FUNDS FOR LOWELL OBSERVATORY. IN 2020 THE FOUNDATION TRANSFERRED $198,195 OF INVESTMENT EARNINGS TO THE OBSERVATORY IN ORDER TO SUPPORT GENERAL OPERATIONS. ONE HIGHLIGHT OF THE 2020 FISCAL YEAR WAS THE RECEIPT OF $325,000 FOR THE NATIVE AMERICAN ASTRONOMY OUTREACH PROGRAM ENDOWMENT. INVESTMENT EARNINGS FROM THIS FUND WILL BE USED TO SUPPORT SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) LEARNING AMONG NATIVE AMERICAN ELEMENTARY AND HIGH SCHOOL STUDENTS AND TO ENCOURAGE THEM TO CONSIDER SCIENCE AND TECHNOLOGY AS A CAREER PATH. THANKS IN PART TO A $1,800,000 REALIZED BEQUEST, THE LOWELL OBSERVATORY FOUNDATION RESERVE FUND WAS ESTABLISHED FOR GIFTS TO THE FOUNDATION THAT ARE COMPLETELY UNRESTRICTED. 198195 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X X ANNE LABRUZZO 9282333239 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 ANN T ACTOR EXECUTIVE DIRECTOR 2.00 38.00 X 0 153475 16706 ANNE LABRUZZO DEPUTY DIRECTOR FOR ADMINISTRATION 2.00 38.00 X 0 146692 17383 W LOWELL PUTNAM TRUSTEE 2.00 32.00 X 0 23 8623 STEPHEN W BROWN TRUSTEE 2.00 X 0 0 0 DAVID D CHASE TRUSTEE 2.00 X 0 0 0 VIRGINIA G GIOVALE TRUSTEE 2.00 X 0 0 0 TERI KELLEY TRUSTEE 2.00 X 0 0 0 JOHN MENKE TRUSTEE 2.00 X 0 0 0 GEORGE PUTNAM III TRUSTEE 2.00 X 0 0 0 W DAVID CONNELL BOARD CHAIR THRU MAY 2.00 X X 0 0 0 DONNA WEISTROP BOARD CHAIR AS OF JUNE 2.00 X X 0 0 0 JOHN RADWAY BOARD VICE-CHAIR 2.00 X X 0 0 0 0 300190 42712 0 0 1 0 0 53300 2259162 991966 2312462 146788 146788 2317724 2582239 -264515 -264515 -264515 2194735 0 0 -117727 198195 198195 3600 3600 44054 44054 67 67 1903 1903 LICENSES AND FEES 9527 9527 257346 198195 49624 9527 110465 180289 2883296 740333 519467 549803 3191052 8208994 1020 0 6705300 9679419 0 104054 0 104054 X 24882 2046942 6680418 7528423 6705300 9575365 6705300 9679419 1937389 932676 0 X 0 1 X 1 0 X X 1 LOWELL OBSERVATORY 860098918 7 1 198195 0 1 198195 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5912722 2278596 760521 175186 44054 8732599 5064600 65031 983515 163237 37187 5912722 5118816 467872 -319708 166105 36275 5064600 3288078 1476056 466533 82526 29325 5118816 2075218 1254991 181391 109006 94516 20000 3288078 0.23850 0.76150 0.00000 0 0 0 DUE TO RELATED PARTY 104054 104054 X PART V, LINE 4: A MAJORITY OF THE ENDOWMENT FUNDS ARE HELD IN PERPETUITY FOR THE BENEFIT OF LOWELL OBSERVATORY. PART X, LINE 2: THE FOLLOWING DISCLOSURE IS RELATED TO THE COMBINED FINANCIAL STATEMENTS OF THE LOWELL OBSERVATORY, TRUST U/W OF PERCIVAL LOWELL, AND THE LOWELL OBSERVATORY FOUNDATION: THE OBSERVATORY, THE FOUNDATION, AND THE TRUST ARE EXEMPT FROM INCOME TAXES UNDER BOTH INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND ARIZONA INCOME TAX LAWS. THE OBSERVATORY IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(1). THE FOUNDATION AND THE TRUST ARE EACH CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(3) AS A SUPPORTING ORGANIZATION OF THE OBSERVATORY. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, HOWEVER, MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME (UBTI). FROM TIME TO TIME, THE ORGANIZATION MAY BE SUBJECT TO PENALTIES AND INTEREST ASSESSED BY VARIOUS TAXING AUTHORITIES, WHICH ARE CLASSIFIED AS GENERAL AND ADMINISTRATIVE EXPENSES IF THEY OCCUR. 0 LOWELL OBSERVATORY 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 860098918 501(C)(3) 198195 OPERATIONAL SUPPORT 1 0 PART I, LINE 2: THE FOUNDATION EXISTS WITH THE SOLE PURPOSE OF SUPPORTING LOWELL OBSERVATORY, THEREFORE SELECTION CRITERIA AND ELIGIBILITY REQUIREMENTS ARE NOT APPLICABLE. SUBSTANTIATION FOR THE AMOUNTS OF GRANTS ARE KEPT WITHIN LOWELL'S INTERNAL ACCOUNTING DEPARTMENT. 0 0 0 0 0 0 0 0 0 ANN T ACTOR EXECUTIVE DIRECTOR 0 153475 0 0 0 0 0 7750 0 8956 0 170181 0 0 ANNE LABRUZZO DEPUTY DIRECTOR FOR ADMINISTRATION 0 146692 0 0 0 0 0 7700 0 9683 0 164075 0 0 X 4 991966 TRANSACTION VALUE 0 1 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF INSTANCES THAT A DONATION OCCURRED. PART I, LINE 32B: PUBLICLY TRADED SECURITIES ARE DEPOSITED INTO AN INVESTMENT ACCOUNT OWNED BY THE FOUNDATION. THE SECURITIES ARE SOLD BY A BROKER SHORTLY AFTER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES WILL CONSIST OF A MINIMUM OF SEVEN MEMBERS AND UP TO A MAXIMUM OF FIFTEEN MEMBERS. ONE OF THE MEMBERS SHALL BE THE SOLE TRUSTEE OF THE LOWELL OBSERVATORY WHO SHALL ALWAYS BE A TRUSTEE OF THE FOUNDATION. THE REMAINING TRUSTEES MAKING UP THE FOUNDATION BOARD OF TRUSTEES HAVE ALL BEEN SELECTED BY NOMINATION OF THE EXECUTIVE COMMITTEE OF THE ADVISORY BOARD OF LOWELL OBSERVATORY AND APPROVED BY A MAJORITY VOTE OF THE ADVISORY BOARD OF LOWELL OBSERVATORY AT ITS ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT WILL BE FIRST REVIEWED BY THE DEPUTY DIRECTOR FOR ADMINISTRATION (DDA) FOR THE OBSERVATORY FOR ACCURACY. ONCE IT HAS BEEN DEEMED ACCURATE BY THE DDA IT WILL BE FORWARDED TO THE LOWELL OBSERVATORY AUDIT COMMITTEE AND THE FOUNDATION BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENTS. AFTER ANY QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED IT WILL BE APPROVED AND A FINAL COPY WILL BE SIGNED BY THE BOARD CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 12C EACH OF THE FOUNDATION TRUSTEES CERTIFY IN WRITING ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE PROVISIONS OF THE FOUNDATION'S CONFLICTS OF INTEREST POLICY. THE FOUNDATION BELIEVES THAT THIS PROVIDES REASONABLE ADDITIONAL PROTECTION AGAINST PROHIBITED TRANSACTIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THESE DOCUMENTS WILL BE POSTED ON THE FOUNDATION WEBSITE AND THE FORM 990 WILL BE AVAILABLE ON CHARITY NAVIGATOR AND GUIDESTAR. LOWELL OBSERVATORY 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 860098918 ASTRONOMICAL RESEARCH AND EDUCATION AZ 501(C)(3) LINE 7 TRUST UW OF PERCIVAL LOWELL 0 PERCIVAL LOWELL TRUST UW 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 042007327 CHARITABLE TRUST F/B/O LOWELL OBSERVATORY AZ 501(C)(3) LINE 12B, II LOWELL OBSERVATORY 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0