2026-07-28T18:36:39-05:00 2025-12-31 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2025-01-01 472052113 LOWELL OBSERVATORY FOUNDATION LOWE 9287743358 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 ANNE LABRUZZO CFO 9287743358 2026-07-28 1 MONICA A VERA CPA P01456278 5203214600 2026-07-28 2025 2025-03-06 01:10:19Z MARJORIE MCCLANAHAN 1400 W MARS HILL ROAD FLAGSTAFF AZ 860014470 6361773 0 X FOUNDATION.LOWELL.EDU X 2014 AZ TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION BY GENERATING PERPETUAL FINANCIAL SUPPORT. 10 9 0 9 0 0 692614 555334 0 0 867010 1321269 0 0 1559624 1876603 385201 5511530 0 0 0 0 0 0 11617 78225 71022 463426 5582552 1096198 -3705949 15249410 11143496 0 0 15249410 11143496 TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION OF RESEARCH AND EDUCATION BY GENERATING PERPETUAL FINANCIAL SUPPORT. 0 0 5511530 5511530 THE LOWELL OBSERVATORY FOUNDATION (LOF) ACCEPTS GIFTS FOR ENDOWED FUNDS AND MANAGES THE FUNDS TO SUPPORT THE OBSERVATORY'S GENERAL OPERATIONS AND THE GROWTH OF THE ENDOWED FUNDS. IN 2025, THE FOUNDATION RECEIVED SEVERAL GENEROUS GIFTS, INCLUDING $319,000 TO SUSTAIN THE OBSERVATORY'S LIBRARY AND ARCHIVES. THE FOUNDATION ALSO RECEIVED AN ADDITIONAL $100,000 TO GROW THE COSMOLOGY RESEARCH ENDOWMENT. AS IN PAST YEARS, WE ALSO RECEIVED A NUMBER OF CONTRIBUTIONS TO GROW THE ADC ENDOWMENT. GIVEN UNCERTAIN MARKET TRENDS AND GLOBAL CONFLICTS, THE NEW GIFTS TO THE FOUNDATION IN 2025 WILL HELP GUARD AGAINST POTENTIAL CORRECTIONS OR DOWNTURNS IN 2026. 5511530 1 1 0 0 0 0 0 0 0 1 0 0 0 1 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 10 9 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 LOGAN BAYER TRUSTEE 2.00 X 0 0 0 CAMILLE BIBLES TRUSTEE 2.00 X 0 0 0 PATRICIA BOWDLER TRUSTEE 2.00 X 0 0 0 DAVID D CHASE TRUSTEE 2.00 X 0 0 0 W DAVID CONNELL TRUSTEE 2.00 X 0 0 0 NEIL GAVIN TRUSTEE 2.00 X 0 0 0 W LOWELL PUTNAM TRUSTEE 2.00 32.00 X 0 12 21057 DONNA WEISTROP TRUSTEE 2.00 X 0 0 0 MARJORIE MCCLANAHAN BOARD CHAIR 2.00 X X 0 0 0 GEORGE PUTNAM III BOARD VICE-CHAIR 2.00 X X 0 0 0 LESLIE CURRIE EXECUTIVE DIRECTOR 2.00 38.00 X 0 190704 25367 ANNE LABRUZZO CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 182124 23148 0 372840 69572 0 0 1 0 0 555334 555334 192742 192742 5613697 4485170 1128527 1128527 1128527 1876603 0 0 1321269 5511530 5511530 8950 8950 48270 48270 216 216 1969 1969 LICENSES AND FEES 11617 11617 5582552 5511530 59405 11617 186366 313382 792031 456862 360000 350000 8976948 7061960 4934065 2961292 15249410 11143496 0 0 X 2150591 194734 13098819 10948762 15249410 11143496 15249410 11143496 -3705949 -399965 0 X 0 1 X 1 0 X X 1 LOWELL OBSERVATORY 860098918 7 1 5511530 0 1 5511530 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 14981757 555311 844936 5511530 129493 10740981 13736083 671148 1036207 461681 14981757 9340302 3530000 1240187 330214 44192 13736083 10508109 604748 -1425624 294403 52528 9340302 8732599 866064 1221110 259809 51855 10508109 0.01305 0.98695 0 0 0 DUE FROM LOWELL OBSERVATORY 2961292 2961292 X PART V, LINE 4: A MAJORITY OF THE FOUNDATION'S ASSETS ARE ENDOWMENT FUNDS 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) 5511530 0 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 LESLIE CURRIE EXECUTIVE DIRECTOR 0 190704 0 0 0 0 0 9674 0 15693 0 216071 0 0 ANNE LABRUZZO CHIEF FINANCIAL OFFICER 0 182124 0 0 0 0 0 9239 0 13909 0 205272 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 SHALL BE CONSIDERED BY THE EXECUTIVE COMMITTEE FOR APPOINTMENT OR REAPPOINTMENT AFTER RECEIVING THE NOMINATION FROM THE LOWELL OBSERVATORY FOUNDATION BOARD. ONCE APPROVED BY THE EXECUTIVE COMMITTEE, THE SUCCESSOR TRUSTEES' APPOINTMENT SHALL BE SUBJECT TO THE APPROVAL OF A MAJORITY VOTE BY THE ADVISORY BOARD OF THE LOWELL OBSERVATORY PRESENT AT ITS ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT WILL BE FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER (CFO) FOR THE OBSERVATORY FOR ACCURACY. ONCE IT HAS BEEN DEEMED ACCURATE BY THE CFO, 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, THE 990 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 CERTIFIES IN WRITING ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE PROVISIONS OF THE FOUNDATION'S CONFLICTS OF INTEREST POLICY. A COPY OF THIS POLICY IS LOCATED AT: HTTP://FOUNDATION.LOWELL.EDU/WP-CONTENT/UPLOADS/SITES/2/2023/01/POLICY-CONF ICT-OF-INTEREST-02-2016.PDF. 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 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0