2020-06-26T19:38:02-05:00 2019-12-31 860683059 BEACHFLEISCHMAN PC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2019-01-01 472052113 LOWELL OBSERVATORY FOUNDATION LOWE 9287743358 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 W DAVID CONNELL BOARD CHAIRMAN 9287743358 2020-06-24 1 KELLY L MELTZER CPA P00633511 5203214600 2020-06-24 64.128.200.66 2020-06-24 16:25:03 US P 831E826C62864234AA24579993024585E6A4408D 8151160917A1933FA5D691061814F6F7876C19D7 2019 2020-09-23 17:36:50Z W DAVID CONNELL 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 806982 0 X FOUNDATION.LOWELL.EDU X 2014 AZ TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION OF RESEARCH AND EDUCATION BY GENERATING PERPETUAL FINANCIAL SUPPORT. 8 7 0 7 0 0 1234620 699109 0 0 120395 81351 0 0 1355015 780460 171529 1009235 0 0 0 0 0 0 4548 52016 49440 223545 1058675 1131470 -278215 6023503 6705300 0 0 6023503 6705300 X 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 1009235 1009235 LOWELL OBSERVATORY FOUNDATION MANAGES THE ENDOWMENT FUNDS FOR LOWELL OBSERVATORY. IN 2019 THE FOUNDATION TRANSFERRED $220,000 OF INVESTMENT EARNINGS TO THE OBSERVATORY IN ORDER TO SUPPORT GENERAL OPERATIONS. IT ALSO TRANSFERRED DONATED REAL ESTATE VALUED AT $748,000 TO THE OBSERVATORY SO IT COULD BE USED IN PART FOR LODGING FACILITIES AND THE REMAINDER TO BE SOLD IN 2020.IN 2019 THE FOUNDATION RECEIVED A $300,000 PLEDGE FOR THE GODO ENDOWMENT FUND THAT ASSURES THAT THE GIOVALE OPEN DECK OBSERVATORY WILL CONTINUE TO PROVIDE A HIGH-QUALITY EDUCATIONAL EXPERIENCE FOR LOWELL OBSERVATORY GUESTS. SUPPORT FROM THIS FUND PROVIDES FOR THE CARE AND MAINTENANCE OF THE GODO STRUCTURES, TELESCOPES, AND EXHIBITS. THIS PLEDGE WILL BE PAID IN INSTALLMENTS DURING 2022 THROUGH 2024. THE FOUNDATION ALSO RECEIVED A $250,000 PLEDGE FOR THE HISTORIC PRESERVATION FUND THAT SUPPORTS IN PERPETUITY THE PRESERVATION OF LOWELL OBSERVATORY'S RICH COLLECTION OF HISTORIC PAPERS, CORRESPONDENCE, RESEARCH MATERIALS, AND INSTRUMENTS THROUGH THE EFFORTS OF THE PUTNAM COLLECTION CENTER STAFF AND VOLUNTEERS. THIS PLEDGE IS EXPECTED TO BE FULFILLED IN 2021. IN ADDITION TO THESE PLEDGES $81,000 WAS RECEIVED IN VARIOUS DONATIONS TO ITS EXISTING ENDOWMENT FUNDS AND $49,000 IN UNRESTRICTED GIFTS. 1009235 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 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 8 7 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 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 JOHN MENKE TRUSTEE 2.00 X 0 0 0 W LOWELL PUTNAM TRUSTEE 2.00 32.00 X 0 71 8567 DONNA WEISTROP TRUSTEE 2.00 X 0 0 0 W DAVID CONNELL BOARD CHAIR 2.00 X X 0 0 0 JOHN A RADWAY JR BOARD VICE-CHAIR 2.00 X X 0 0 0 ANNE T ACTOR EXECUTIVE DIRECTOR 2.00 36.00 X 0 147724 16300 ANNE LABRUZZO DEPUTY DIRECTOR FOR ADMINISTRATION 2.00 38.00 X 0 139113 17045 0 286908 41912 0 0 1 0 0 52374 646735 699109 107873 107873 26522 -26522 -26522 -26522 780460 0 0 81351 1009235 1009235 712 712 5100 5100 37187 37187 48 48 1893 1893 LICENSES AND FEES 4500 4500 1058675 1009235 44892 4548 59957 110465 2245355 2883296 1700 519467 748546 2967945 3191052 1020 6023503 6705300 0 0 X 805203 24882 5218300 6680418 6023503 6705300 6023503 6705300 -278215 960012 0 X 0 1 X 1 0 X X 1 LOWELL OBSERVATORY 860098918 7 1 1009235 0 1 1009235 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 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 2282857 -207639 2075218 0.00000 1.00000 0.00000 0 0 0 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) 260689 748546 BOOK VALUE HOUSE AND LAND ENDOWMENT EARNINGS/GENERAL 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 ANNE T ACTOR EXECUTIVE DIRECTOR 0 147724 0 0 0 0 0 7472 0 8828 0 164024 0 0 ANNE LABRUZZO DEPUTY DIRECTOR FOR ADMINISTRATION 0 139113 0 0 0 0 0 7510 0 9535 0 156158 0 0 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 0 1 0 0 0 0