J DAVID LOWELL FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- J DAVID LOWELL FOUNDATION INC (EIN 88-0906964)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202533219349104713
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Amortization Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Loans From Officers Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T12:57:41-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R&A CPAS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4542 E CAMP LOWELL DR STE 100 | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 880906964 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | J DAVID LOWELL FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % R & A CPAS | InCareOfNm |
| Business Name Control | JDAV | BusinessNameControlTxt |
| Phone | 5204658953 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5066 N PLACITA CHOLULA | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85718 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Glenton Lowell | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 5204658953 | PhoneNum |
| Signature | 2025-07-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Adam Foard CPA | PreparerPersonNm |
| PTIN | P01619927 | PTIN |
| Phone | 5208814900 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,738,056 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $2,392,101 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,144 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,144 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $16,593 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $16,593 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,566,840 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,699,969 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,566,840 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,977,678 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,585,577 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $71,923 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $71,923 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $10,123 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $10,123 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,947 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $18,947 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,293 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $634 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $659 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $5,662 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $5,662 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $50 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $100 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $100 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,214 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $2,214 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,312 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $634 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $109,628 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $85,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $85,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $195,312 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $634 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $194,628 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,782,366 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,584,943 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,535 | CashBOYAmt |
| Cash EOYFMV | $193,580 | CashEOYFMVAmt |
| Sav And Temp Cash Invst EOYFMV | $1,768,072 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $773,429 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl EOY | $773,429 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $773,429 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,025 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $50 | LandBldgEquipAccumDeprecAmt |
| Land EOY | $2,975 | LandEOYAmt |
| Land EOYFMV | $2,975 | LandEOYFMVAmt |
| Other Assets BOY | $22,542 | OtherAssetsBOYAmt |
| Total Assets BOY | $24,077 | TotalAssetsBOYAmt |
| Total Assets EOY | $776,404 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,738,056 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $3,852 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $3,852 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $50,000 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $239,763 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities EOY | $822 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $53,852 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $244,437 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | -$29,775 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,493,619 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$29,775 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,493,619 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,077 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,738,056 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$29,775 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,782,366 | ExcessRevenueOverExpensesAmt |
| Subtotal | $4,752,591 | SubtotalAmt |
| Other Decreases | $2,258,972 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,493,619 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | TESLA INC COM | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Acquired | 2014-12-08 | AcquiredDt |
| Sold | 2024-12-16 | SoldDt |
| Gross Sales Price | $2,699,969 | GrossSalesPriceAmt |
| Cost Or Other Basis | $133,129 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,566,840 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,566,840 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,566,840 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,931 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,931 | SubtotalAmt |
| Tax Based On Investment Income | $35,931 | TaxBasedOnInvestmentIncomeAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $46,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $46,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $2,016 | EsPenaltyAmt |
| Overpayment | $8,053 | OverpaymentAmt |
| Applied To ES Tax | $8,053 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | https://jdl-foundation.com/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | R & A CPAS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5208814900 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4542 E CAMP LOWELL STE 100 | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | Yes (true) | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DOUGLAS LOWELL | ||||||||
| 5066 N PLACITA CHOLULA | TUCSON | AZ | 85718 | PRESIDENT | 10.0 | $0 | $0 | $0 |
| ELIZABETH LOWELL | ||||||||
| 5066 N PLACITA CHOLULA | TUCSON | AZ | 85718 | SECRETARY / Treasurer | 10.0 | $0 | $0 | $0 |
| WILLIAM LOWELL | ||||||||
| 5066 N PLACITA CHOLULA | TUCSON | AZ | 85718 | Vice President | 5.0 | $0 | $0 | $0 |
| Glenton Lowell | ||||||||
| 2814 W IRONWOOD RIDGE RD | TUCSON | AZ | 85745 | EXECUTIVE DIRECTOR | 40.0 | $71,923 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | TUCSON VELODROME INC - LOAN FOR CONSTRUCTION OF VELODROME | Description1Txt |
| Expenses1 | $773,357 | Expenses1Amt |
| Total | $773,357 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $319,324 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $492,330 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $811,654 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $811,654 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,175 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $799,479 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $39,974 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $39,974 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,931 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,931 | TotalTaxAmt |
| Distributable Before Adj | $4,043 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,043 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,043 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $194,628 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $773,357 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $967,985 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,043 | DistributableAsAdjustedAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $29,182 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $29,182 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $967,985 | QualifyingDistributionsAmt |
| Applied To Current Year | $4,043 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $963,942 | RemainingDistriFromCorpusAmt |
| Total Corpus | $993,124 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $993,124 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $29,182 | ExcessFromYear1Amt |
| Excess From Current Year | $963,942 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Glenton D Lowell | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5066 N PLACITA CHOLULA | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5204658953 | RecipientPhoneNum |
| Recipient Email Address | JDLFOUNDATIONDIRECTOR@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | A LETTER OF INQUIRY, A COMPLETED GRANT APPLICATION AND A SITE VISIT WILL BE REQUIRED OF GRANT APPLICANTS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PECK CANYON REHAB INC | |||||||
| 5066 N PLACITA CHOLULA | TUCSON | AZ | 85718 | NONE | PC | SUPPORT | $20,000 |
| Too Young To Wed | |||||||
| 1112 MAIN STREET FIRST FLOOR | PEEKSKILL | NY | 10566 | NONE | PC | Support | $5,000 |
| Pima Foundation | |||||||
| 4905C E BROADWAY BLVD STE 246 | TUCSON | AZ | 85709 | NONE | PC | J. DAVID LOWELL SCHOLARSHIP | $30,000 |
| Sepsis Alliance | |||||||
| 3180 UNIVERSITY AVE STE 310 | SAN DIEGO | CA | 92104 | NONE | PC | 2024 SEPSIS ALLIANCE | $10,000 |
| St Andrew's Childrens Clinic | |||||||
| 75 W CALLE DE LAS TIENDAS 129B | GREEN VALLEY | AZ | 85614 | NONE | PC | SUPPORT | $10,000 |
| Corazon Inc | |||||||
| 1505 E 17th St | SANTA ANA | CA | 92705 | NONE | PC | SUPPORT MISSION | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $85,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,144 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,593 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,566,840 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,585,577 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,585,577 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Douglas Lowell | |||||||
| 1 | 5066 N PLACITA CHOLULA | TUCSON | AZ | 85718 | $1,203,679 | Yes (X) | Yes (X) |
| William Lowell | |||||||
| 2 | 16310 LAKE SHORE DR | CALDWELL | ID | 83607 | $1,188,422 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 4,999 SHARES OF TESLA INC | $1,203,679 | 2024-10-25 |
| 2 | 4,999 SHARES OF TESLA INC | $1,188,422 | 2024-10-25 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $18,947 | Amt |
| Disbursements Charitable Prps | $18,947 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | WEBSITE DEVELOPMEN | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2024-09-26 | AcquiredCompletedOrExpendedDt |
| Amortized | $3,025 | AmortizedAmt |
| Amortization Period | 15.0 | AmortizationPeriodRt |
| Current Year Amortization | $50 | CurrentYearAmortizationAmt |
| Total Amortization | $50 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WEBSITE DEVELOPMEN | CategoryOrItemTxt |
| Cost Or Other Basis | $3,025 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $50 | AccumulatedDepreciationAmt |
| Book Value | $2,975 | BookValueAmt |
| EOYFMV | $2,975 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $10,123 | LegalFeesAmt |
| Disbursements Charitable Prps | $10,123 | DisbursementsCharitablePrpsAmt |
Loans From Officers Schedule LoansFromOfficersSchedule
Loans From Officer LoansFromOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lender Person | DOUGLAS LOWELL | LenderPersonNm |
| Loan Original | $3,852 | LoanOriginalAmt |
| Balance Due | $3,852 | BalanceDueAmt |
| Note | 2023-01 | NoteDt |
| Loan Maturity | 2025-12 | LoanMaturityDt |
| Repayment Terms | NONE | RepaymentTermsTxt |
| Interest | 0. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | STARTUP COSTS / OPEN ACCOUNT | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp (2 entries)
| Loan OriginalLoanOriginalAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc | Balance DueBalanceDueAmt |
|---|---|---|---|---|---|---|---|---|
| DOUGLAS LOWELL | ||||||||
| $50,000 | 2023-04 | 2024-04 | IN FULL | 0. | NONE | STARTUP COSTS | CASH | |
| LOWELL FAMILY LP | ||||||||
| $239,763 | 2024-01 | 2025-03 | IN FULL | 0. | NONE | CASH | $239,763 | |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUCSON VELODROME STARTUP COSTS | Desc |
| BOY Book Value | $22,542 | BOYBookValueAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET UNREALIZED LOSS | Desc |
| Amt | $2,258,972 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| BANK CHARGES | $72 | $72 |
| OFFICE EXPENSES | $128 | $128 |
| PROFESSIONAL DEVELOPMENT | $814 | $814 |
| BUSINESS LICENSES & PERMITS | $35 | $35 |
| MEMBERSHIP FEES | $1,165 | $1,165 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| EOY Book Value | $822 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (2 entries)
| Loan OriginalLoanOriginalAmt | Balance DueBalanceDueAmt | NoteNoteDt | Loan MaturityLoanMaturityDt | Repayment TermsRepaymentTermsTxt | InterestInterestRt | Security Provided BorrowerSecurityProvidedBorrowerTxt | Loan PurposeLoanPurposeTxt | Lender ConsiderationLenderConsiderationDesc |
|---|---|---|---|---|---|---|---|---|
| TUCSON VELODROME INC | ||||||||
| $773,357 | $773,357 | 2024-06 | 2029-06 | IN FULL | 3. | NONE | CONSTRUCTION OF TUCSON VELODROME FACILITES | CASH 0 |
| PECK CANYON REHAB INC | ||||||||
| $72 | $72 | 2024-12 | 2025-12 | IN FULL | 0. | NONE | STARTUP COSTS | CASH 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| CONSULTANT FEES | $659 | $659 | |
| ADVISOR FEES | $634 | $634 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAX | CategoryTxt |
| Amt | $5,662 | Amt |
| Disbursements Charitable Prps | $5,662 | DisbursementsCharitablePrpsAmt |
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