﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-17T12:57:41-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>R&amp;A CPAS PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4542 E CAMP LOWELL DR STE 100</AddressLine1Txt>
        <CityNm>TUCSON</CityNm>
        <StateAbbreviationCd>AZ</StateAbbreviationCd>
        <ZIPCd>85712</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>880906964</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>J DAVID LOWELL FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% R &amp; A CPAS</InCareOfNm>
      <BusinessNameControlTxt>JDAV</BusinessNameControlTxt>
      <PhoneNum>5204658953</PhoneNum>
      <USAddress>
        <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
        <CityNm>TUCSON</CityNm>
        <StateAbbreviationCd>AZ</StateAbbreviationCd>
        <ZIPCd>85718</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Glenton Lowell</PersonNm>
      <PersonTitleTxt>Executive Director</PersonTitleTxt>
      <PhoneNum>5204658953</PhoneNum>
      <SignatureDt>2025-07-31</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Adam Foard CPA</PreparerPersonNm>
      <PTIN>P01619927</PTIN>
      <PhoneNum>5208814900</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="16">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2738056</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>2392101</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>2144</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>2144</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>16593</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>16593</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>2566840</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2699969</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>2566840</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>4977678</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>2585577</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>71923</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>71923</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSch">10123</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>10123</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">18947</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>18947</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">1293</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>634</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>659</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">5662</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>5662</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSch">50</DeprecAndDpltnRevAndExpnssAmt>
        <TravConfMeetingRevAndExpnssAmt>100</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>100</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="AmortizationSchedule OtherExpensesSch">2214</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>2214</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>110312</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>634</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>109628</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>85000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>85000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>195312</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>634</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>194628</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>4782366</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>2584943</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>1535</CashBOYAmt>
        <CashEOYFMVAmt>193580</CashEOYFMVAmt>
        <SavAndTempCashInvstEOYFMVAmt>1768072</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>773429</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="OthNoteLoanRcvblLong">773429</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>773429</OtherNtsAndLoansRcvblEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>3025</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>50</LandBldgEquipAccumDeprecAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSch2">2975</LandEOYAmt>
        <LandEOYFMVAmt>2975</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSch">22542</OtherAssetsBOYAmt>
        <TotalAssetsBOYAmt>24077</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>776404</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2738056</TotalAssetsEOYFMVAmt>
        <LoansFromOfficersBOYAmt>3852</LoansFromOfficersBOYAmt>
        <LoansFromOfficersEOYAmt referenceDocumentId="LoansFromOfficersSch">3852</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableBOYAmt>50000</MortgagesAndNotesPayableBOYAmt>
        <MortgagesAndNotesPayableEOYAmt referenceDocumentId="MortAndNotesPayblSch">239763</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabSch">822</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>53852</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>244437</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>-29775</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2493619</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>-29775</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2493619</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>24077</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2738056</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>-29775</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>4782366</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4752591</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSch">2258972</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2493619</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TESLA INC COM</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2014-12-08</AcquiredDt>
          <SoldDt>2024-12-16</SoldDt>
          <GrossSalesPriceAmt>2699969</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>133129</CostOrOtherBasisAmt>
          <GainOrLossAmt>2566840</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2566840</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>2566840</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>35931</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>35931</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>35931</TaxBasedOnInvestmentIncomeAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>46000</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>46000</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>2016</EsPenaltyAmt>
        <OverpaymentAmt>8053</OverpaymentAmt>
        <AppliedToESTaxAmt>8053</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>AZ</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>https://jdl-foundation.com/</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>R &amp; A CPAS</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>5208814900</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>4542 E CAMP LOWELL STE 100</AddressLine1Txt>
          <CityNm>TUCSON</CityNm>
          <StateAbbreviationCd>AZ</StateAbbreviationCd>
          <ZIPCd>85712</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>true</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOUGLAS LOWELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85718</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELIZABETH LOWELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85718</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY / Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WILLIAM LOWELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85718</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Glenton Lowell</PersonNm>
          <USAddress>
            <AddressLine1Txt>2814 W IRONWOOD RIDGE RD</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85745</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>71923</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>TUCSON VELODROME INC - LOAN FOR CONSTRUCTION OF VELODROME</Description1Txt>
        <Expenses1Amt>773357</Expenses1Amt>
        <TotalAmt>773357</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>319324</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>492330</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>811654</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>811654</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>12175</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>799479</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>39974</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>39974</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>35931</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>35931</TotalTaxAmt>
        <DistributableBeforeAdjAmt>4043</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>4043</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>4043</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>194628</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>773357</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>967985</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>4043</DistributableAsAdjustedAmt>
        <PriorYear1Yr>2022</PriorYear1Yr>
        <PriorYear2Yr>2021</PriorYear2Yr>
        <PriorYear3Yr>2020</PriorYear3Yr>
        <ExcessDistributionCyovYr1Amt>29182</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>29182</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>967985</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>4043</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>963942</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>993124</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>993124</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear1Amt>29182</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>963942</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Glenton D Lowell</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85718</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5204658953</RecipientPhoneNum>
          <RecipientEmailAddressTxt>JDLFOUNDATIONDIRECTOR@GMAIL.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>A LETTER OF INQUIRY, A COMPLETED GRANT APPLICATION AND A SITE VISIT WILL BE REQUIRED OF GRANT APPLICANTS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PECK CANYON REHAB INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85718</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Too Young To Wed</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1112 MAIN STREET FIRST FLOOR</AddressLine1Txt>
            <CityNm>PEEKSKILL</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10566</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Support</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Pima Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4905C E BROADWAY BLVD STE 246</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85709</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>J. DAVID LOWELL SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Sepsis Alliance</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3180 UNIVERSITY AVE STE 310</AddressLine1Txt>
            <CityNm>SAN DIEGO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>2024 SEPSIS ALLIANCE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>St Andrew's Childrens Clinic</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>75 W CALLE DE LAS TIENDAS 129B</AddressLine1Txt>
            <CityNm>GREEN VALLEY</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85614</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Corazon Inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1505 E 17th St</AddressLine1Txt>
            <CityNm>SANTA ANA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92705</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT MISSION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>85000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2144</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>16593</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2566840</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2585577</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2585577</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Douglas Lowell</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>5066 N PLACITA CHOLULA</AddressLine1Txt>
          <CityNm>TUCSON</CityNm>
          <StateAbbreviationCd>AZ</StateAbbreviationCd>
          <ZIPCd>85718</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1203679</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>William Lowell</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>16310 LAKE SHORE DR</AddressLine1Txt>
          <CityNm>CALDWELL</CityNm>
          <StateAbbreviationCd>ID</StateAbbreviationCd>
          <ZIPCd>83607</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1188422</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>4,999 SHARES OF TESLA INC</NoncashPropertyDesc>
        <FairMarketValueAmt>1203679</FairMarketValueAmt>
        <ReceivedDt>2024-10-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>4,999 SHARES OF TESLA INC</NoncashPropertyDesc>
        <FairMarketValueAmt>1188422</FairMarketValueAmt>
        <ReceivedDt>2024-10-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>18947</Amt>
        <DisbursementsCharitablePrpsAmt>18947</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AmortizationSchedule documentId="AmortizationSchedule">
      <AmortizationScheduleDetail>
        <AmortizedExpensesDesc>WEBSITE DEVELOPMEN</AmortizedExpensesDesc>
        <AcquiredCompletedOrExpendedDt>2024-09-26</AcquiredCompletedOrExpendedDt>
        <AmortizedAmt>3025</AmortizedAmt>
        <AmortizationPeriodRt>15.0</AmortizationPeriodRt>
        <CurrentYearAmortizationAmt>50</CurrentYearAmortizationAmt>
        <TotalAmortizationAmt>50</TotalAmortizationAmt>
      </AmortizationScheduleDetail>
    </AmortizationSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <LandEtcSchedule2 documentId="LandEtcSch2">
      <LandEtcGrp>
        <CategoryOrItemTxt>WEBSITE DEVELOPMEN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3025</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>50</AccumulatedDepreciationAmt>
        <BookValueAmt>2975</BookValueAmt>
        <EOYFMVAmt>2975</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL</CategoryTxt>
        <LegalFeesAmt>10123</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>10123</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <LoansFromOfficersSchedule documentId="LoansFromOfficersSch">
      <LoansFromOfficerGrp>
        <LenderPersonNm>DOUGLAS LOWELL</LenderPersonNm>
        <LoanOriginalAmt>3852</LoanOriginalAmt>
        <BalanceDueAmt>3852</BalanceDueAmt>
        <NoteDt>2023-01</NoteDt>
        <LoanMaturityDt>2025-12</LoanMaturityDt>
        <RepaymentTermsTxt>NONE</RepaymentTermsTxt>
        <InterestRt>0.</InterestRt>
        <SecurityProvidedBorrowerTxt>NONE</SecurityProvidedBorrowerTxt>
        <LoanPurposeTxt>STARTUP COSTS / OPEN ACCOUNT</LoanPurposeTxt>
        <LenderConsiderationDesc>CASH</LenderConsiderationDesc>
      </LoansFromOfficerGrp>
    </LoansFromOfficersSchedule>
    <MortgagesAndNotesPayableSch documentId="MortAndNotesPayblSch">
      <NotePayableGrp>
        <LenderNameGrp>
          <PersonNm>DOUGLAS LOWELL</PersonNm>
        </LenderNameGrp>
        <LoanOriginalAmt>50000</LoanOriginalAmt>
        <NoteDt>2023-04</NoteDt>
        <LoanMaturityDt>2024-04</LoanMaturityDt>
        <RepaymentTermsTxt>IN FULL</RepaymentTermsTxt>
        <InterestRt>0.</InterestRt>
        <SecurityProvidedBorrowerTxt>NONE</SecurityProvidedBorrowerTxt>
        <LoanPurposeTxt>STARTUP COSTS</LoanPurposeTxt>
        <LenderConsiderationDesc>CASH</LenderConsiderationDesc>
      </NotePayableGrp>
      <NotePayableGrp>
        <LenderNameGrp>
          <PersonNm>LOWELL FAMILY LP</PersonNm>
        </LenderNameGrp>
        <LoanOriginalAmt>239763</LoanOriginalAmt>
        <BalanceDueAmt>239763</BalanceDueAmt>
        <NoteDt>2024-01</NoteDt>
        <LoanMaturityDt>2025-03</LoanMaturityDt>
        <RepaymentTermsTxt>IN FULL</RepaymentTermsTxt>
        <InterestRt>0.</InterestRt>
        <SecurityProvidedBorrowerTxt>NONE</SecurityProvidedBorrowerTxt>
        <LenderConsiderationDesc>CASH</LenderConsiderationDesc>
      </NotePayableGrp>
    </MortgagesAndNotesPayableSch>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>TUCSON VELODROME STARTUP COSTS</Desc>
        <BOYBookValueAmt>22542</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>NET UNREALIZED LOSS</Desc>
        <Amt>2258972</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>72</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>72</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>128</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>128</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROFESSIONAL DEVELOPMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>814</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>814</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BUSINESS LICENSES &amp; PERMITS</Desc>
        <RevenueAndExpensesPerBooksAmt>35</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>35</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEMBERSHIP FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1165</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1165</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL LIABILITIES</Desc>
        <EOYBookValueAmt>822</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="OthNoteLoanRcvblLong">
      <OtherNotesLoansRcvblLongGrp>
        <BorrowerNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>TUCSON VELODROME INC</BusinessNameLine1Txt>
          </BusinessName>
        </BorrowerNameGrp>
        <LoanOriginalAmt>773357</LoanOriginalAmt>
        <BalanceDueAmt>773357</BalanceDueAmt>
        <NoteDt>2024-06</NoteDt>
        <LoanMaturityDt>2029-06</LoanMaturityDt>
        <RepaymentTermsTxt>IN FULL</RepaymentTermsTxt>
        <InterestRt>3.</InterestRt>
        <SecurityProvidedBorrowerTxt>NONE</SecurityProvidedBorrowerTxt>
        <LoanPurposeTxt>CONSTRUCTION OF TUCSON VELODROME FACILITES</LoanPurposeTxt>
        <LenderConsiderationDesc>CASH 0</LenderConsiderationDesc>
      </OtherNotesLoansRcvblLongGrp>
      <OtherNotesLoansRcvblLongGrp>
        <BorrowerNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>PECK CANYON REHAB INC</BusinessNameLine1Txt>
          </BusinessName>
        </BorrowerNameGrp>
        <LoanOriginalAmt>72</LoanOriginalAmt>
        <BalanceDueAmt>72</BalanceDueAmt>
        <NoteDt>2024-12</NoteDt>
        <LoanMaturityDt>2025-12</LoanMaturityDt>
        <RepaymentTermsTxt>IN FULL</RepaymentTermsTxt>
        <InterestRt>0.</InterestRt>
        <SecurityProvidedBorrowerTxt>NONE</SecurityProvidedBorrowerTxt>
        <LoanPurposeTxt>STARTUP COSTS</LoanPurposeTxt>
        <LenderConsiderationDesc>CASH 0</LenderConsiderationDesc>
      </OtherNotesLoansRcvblLongGrp>
    </OtherNotesLoansRcvblLongSch>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTANT FEES</CategoryTxt>
        <Amt>659</Amt>
        <DisbursementsCharitablePrpsAmt>659</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISOR FEES</CategoryTxt>
        <Amt>634</Amt>
        <NetInvestmentIncomeAmt>634</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAX</CategoryTxt>
        <Amt>5662</Amt>
        <DisbursementsCharitablePrpsAmt>5662</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>