Organizations Filed Purposes:
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.
TO SUSTAIN AND ENHANCE LOWELL OBSERVATORY'S MISSION OF RESEARCH AND EDUCATION BY GENERATING PERPETUAL FINANCIAL SUPPORT.
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.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Anne Labruzzo | DEPUTY DIRECTOR FOR ADMINISTRATION | 2 | $0 |
| Anne T Actor | EXECUTIVE DIRECTOR | 2 | $0 |
| John A Radway Jr | BOARD VICE-CHAIR | 2 | $0 |
| W David Connell | BOARD CHAIR | 2 | $0 |
| Donna Weistrop | TRUSTEE | 2 | $0 |
| W Lowell Putnam | TRUSTEE | 2 | $0 |
| John Menke | TRUSTEE | 2 | $0 |
| Virginia G Giovale | TRUSTEE | 2 | $0 |
| David D Chase | TRUSTEE | 2 | $0 |
| Stephen W Brown | TRUSTEE | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202041789349301619_public.xml