Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
The Edward Lowe Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)58220 Decatur Road
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Cassopolis, MI49031
A Employer identification number

38-2679673
B Telephone number (see instructions)

(269) 445-4200
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$123,298,909J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 34,450
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,560 5,560 5,560
4 Dividends and interest from securities... 2,391,226 2,468,625 2,391,226
5a Gross rents............ 54,350 54,350 54,350
b Net rental income or (loss) 54,350
6a Net gain or (loss) from sale of assets not on line 10 686,561
b Gross sales price for all assets on line 6a 22,123,435
7 Capital gain net income (from Part IV, line 2)... 686,561
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,071,426 0 1,071,426
12 Total. Add lines 1 through 11........ 4,243,573 3,215,096 3,522,562
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 641,373 100,000 0 541,335
14 Other employee salaries and wages...... 2,624,805 23,717 467,640 2,142,409
15 Pension plans, employee benefits....... 1,061,471 8,029 153,227 895,308
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
76,420 0 0 64,484
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
46,180 23,090 0 20,990
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,022,877 324,563 417,162 269,174
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
52,754 3,525 0 12,668
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
427,808 0 0
20 Occupancy.............. 28,487 0 0 28,487
21 Travel, conferences, and meetings....... 55,225 9 23,997 31,382
22 Printing and publications.......... 10,740 0 0 10,769
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
792,022 61,830 51,957 718,761
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,840,162 544,763 1,113,983 4,735,767
25 Contributions, gifts, grants paid....... 23,215 23,215
26 Total expenses and disbursements. Add lines 24 and 25 6,863,377 544,763 1,113,983 4,758,982
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,619,804
b Net investment income (if negative, enter -0-) 2,670,333
c Adjusted net income (if negative, enter -0-)... 2,408,579
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 5,699,742 6,641,268 6,641,268
3 Accounts receivable right arrow70,089
Less: allowance for doubtful accounts right arrow   36,615 70,089 70,089
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 65,120 43,030 43,030
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 53,762,982 Click to see attachment
List of Attached Documents:
// Content
58,635,039 		58,635,039
c Investments—corporate bonds (attach schedule)....... 42,696,784 Click to see attachment
List of Attached Documents:
// Content
44,751,804 		44,751,804
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,707,327 Click to see attachment
List of Attached Documents:
// Content
4,278,124 		4,278,124
14 Land, buildings, and equipment: basis right arrow16,748,305
Less: accumulated depreciation (attach schedule) right arrow7,955,275 9,021,266 Click to see attachment
List of Attached Documents:
// Content
8,793,030 		8,793,030
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
122,499 		Click to see attachment
List of Attached Documents:
// Content
86,525 		Click to see attachment
List of Attached Documents:
// Content
86,525
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 116,112,335 123,298,909 123,298,909
Liabilities 17 Accounts payable and accrued expenses.......... 620,942 602,233
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
167,580 		Click to see attachment
List of Attached Documents:
// Content
304,149
23 Total liabilities (add lines 17 through 22)......... 788,522 906,382
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 115,323,813 122,392,527
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 115,323,813 122,392,527
30 Total liabilities and net assets/fund balances (see instructions). 116,112,335 123,298,909
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
115,323,813
2
Enter amount from Part I, line 27a .....................
2
-2,619,804
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
9,825,087
4
Add lines 1, 2, and 3 ..........................
4
122,529,096
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
136,569
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
122,392,527
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a   P    
b   P    
c   P    
d   P    
e CIBC P 2023-01-01 2023-12-31
CIBC P    
NORTHERN MANAGED P    
DAG VENTURES P    
A G REALTY P    
QVT OVERSEAS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       0
b       0
c       0
d       0
e 1,771,701   2,129,235 -357,534
20,343,641   19,261,135 1,082,506
30     30
0   24 -24
0   46,480 -46,480
8,063     8,063
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 0
b     0 0
c     0 0
d     0 0
e     0 -357,534
    0 1,082,506
    0 30
    0 -24
    0 -46,480
    0 8,063
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 686,561
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -357,534
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 37,118
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 37,118
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 37,118
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 122,583
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 122,583
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 85,465
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow85,465 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.edwardlowe.org
14
The books are in care ofright arrowDonald R Bauters Telephone no.right arrow (269) 445-4200

Located atright arrow58220 Decatur RdCassopolisMI ZIP+4right arrow490310008
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DARLENE LOWE CHAIRMAN EMERITUS
3.000 		25,000 0 0
58220 Decatur Road
Cassopolis,MI49031
DANIEL J WYANT CHAIRMAN OF THE BOARD
40.000 		236,516 40,276 0
58220 Decatur Road
Cassopolis,MI49031
JOHN PYCIK TRUSTEE
3.000 		28,000 0 0
58220 Decatur Road
Cassopolis,MI49031
MONICA WYANT TRUSTEE
3.000 		30,000 0 0
58220 Decatur Road
Cassopolis,MI49031
PAUL BOWLES TRUSTEE
3.000 		29,000 0 1,641
58220 Decatur Road
Cassopolis,MI49031
PETER PAIRITZ TRUSTEE
3.000 		31,000 0 0
58220 Decatur Road
Cassopolis,MI49031
DONALD R BAUTERS TREASURER
32.000 		139,772 38,382 0
58220 Decatur Road
Cassopolis,MI49031
KATHY BROWNING SECRETARY
32.000 		105,905 35,994 0
58220 Decatur Road
Cassopolis,MI49031
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
MATHEW JAMES DIRECTOR OF FINANCE
40.000 		123,477 29,770 0
58220 Decatur Road
Cassopolis,MI49031
COLLEEN KILLEN-ROBERTS V.P. OF EPREN
40.000 		174,228 31,270 0
58220 Decatur Road
Cassopolis,MI49031
PAUL BATESON GM OF EXT RELATIONS
40.000 		136,533 31,814 0
58220 Decatur Road
Cassopolis,MI49031
CHRIS RYBACK DIRECTOR OF IT
40.000 		112,814 34,971 0
58220 Decatur Road
Cassopolis,MI49031
TJ BECKER COMMUNICATION MGR
40.000 		113,133 34,869 0
58220 Decatur Road
Cassopolis,MI49031
Total number of other employees paid over $50,000...................right arrow 19
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CIBC PRIVATE WEALTH MANAGEMENT INVESTING 226,852
181 W Madison St
CHICAGO,IL60602
JOHN PYCIK INVESTING 97,666
58220 Decatur Rd
Cassopolis,IN49031
PERKINS COIE LEGAL 76,420
PO BOX 24643
SEATTLE,WA98124
UPRIVER GIS LLC CONSULTING 61,999
1970 BRIDGEWOOD DR
ORANGE PARK,FL32065
NOMIS PROJECT MANAGEMENT CONSULTING 61,243
101 ANTHONY LANE
STEVENSVILLE,MD21666
Total number of others receiving over $50,000 for professional services.............right arrow2
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 Educational Activities - See Supplemental Information 2,485,784
2 CONSERVATION & PRESERVATION ACTIVITIES - See Supplemental Information 1,568,005
3 INFORMATION & TECHNOLOGY SERVICES - See Supplemental Information 1,240,039
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE  
2  
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
0
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
103,288,525
b
Average of monthly cash balances.......................
1b
6,170,505
c
Fair market value of all other assets (see instructions)................
1c
199,644
d
Total (add lines 1a, b, and c).........................
1d
109,658,674
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
109,658,674
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,644,880
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
108,013,794
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,400,690
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
4,758,982
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
199,571
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,958,553
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
2,408,579 2,038,955 2,638,184 1,794,637 8,880,355
b 85% (0.85) of line 2a ......... 2,047,292 1,733,112 2,242,456 1,525,441 7,548,302
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		4,958,553 5,155,328 5,112,710 5,057,592 20,284,183
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		23,215 12,455 22,456 92,250 150,376
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		4,935,338 5,142,873 5,090,254 4,965,342 20,133,807
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		3,600,460 3,769,893 4,153,352 3,636,003 15,159,708
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

MICHIGAN CELEBRATES SMALL BUSINESS

120 N WASHINGTON SQ SUITE 1000
LANSING,MI48933 		NONE PC GENERAL SUPPORT 10,000

CASS COUNTY FAIR ASSOCIATION

PO BOX 56
CASSOPOLIS,MI49031 		NONE PC GENERAL SUPPORT 1,000

CASS KICKSTART TO CAREERS

PO BOX 63
CASSOPOLIS,MI49031 		NONE PC GENERAL SUPPORT 1,000

HELPING HANDS OF CASS COUNTY

PO BOX 221
CASSOPOLIS,MI49031 		NONE PC GENERAL SUPPORT 1,000

HEART OF THE LAKES

PO BOX 1128
BAY CITY,MI48706 		NONE PC GENERAL SUPPORT 750

MISCELLANEOUS - 500 AND UNDER

AVAILABLE UPON REQUEST
SOUTHWEST,MI49031 		NONE PC GENERAL SUPPORT 9,465
Total .................................right arrow 3a 23,215
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aINFORMATION SERVICES         653,238
bEDUCATIONAL ACTIVITIES         418,188
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 5,560  
4 Dividends and interest from securities ....     14 2,468,625  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 54,350  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 686,561  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPARTNERSHIP INCOME TAXED ON 990T 		901101 -77,399 18    
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -77,399 3,215,096 1,071,426
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,209,123
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1a INCOME RECEIVED FROM SIG (SYSTEM FOR INTEGRATED GROWTH)
1b PROGRAM SERVICE REVENUE FOR PROVIDING FACILITIES AND INFORMATION FOR THE CONDUCT OF EXEMPT ACTIVITIES
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
Yes
 
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
1b(6) 399 SMALL BUSINESS ASSOCIATION OF MICHIGAN MEMBERSHIP DUES
1b(6) 440 INDIANA CPA SOCIETY MEMBERSHIP DUES
1b(6) 340 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS MEMBERSHIP DUES
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
The Edward Lowe Foundation
 
Employer identification number

38-2679673
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
The Edward Lowe Foundation
  		Employer identification number
38-2679673
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
BARBARA STANKOWSKI
 
505 HARBOR APPROACH
 
JOHNSON CITY, TN37601

$ 30,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
The Edward Lowe Foundation
  		Employer identification number

38-2679673
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
The Edward Lowe Foundation
  		Employer identification number

38-2679673
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CROWE 46,180 23,090   20,990

TY 2023 AllOthProgRltdInvestmentsSch
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category Amount
NONE  

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
            427,808      

TY 2023 GeneralExplanationAttachment
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Identifier Return Reference Explanation
OTHER EXPENSES Form 990-PF, Part I, Line 23 AMOUNTS LISTED UNDER NET INVESTMENT INCOME FOR THE FOLLOWING DESCRIPTIONS ARE PARTIALLY LIMITED TO RENTAL INCOME FROM PROPERTY USED FOR CHARITABLE PURPOSES: EMPLOYEE RELATIONS GASOLINE & OIL GENERAL INSURANCE LICENSES MAINTENANCE PROPERTY EXPENSE SUPPLIES TELEPHONE TRASH HAULING UTILITIES WORKMANS COMPENSATION DUES LUNCHEONS & MEETINGS POSTAGE SUBSCRIPTIONS MISCELLANEOUS
LINE 3 AND 4 Form 990-PF, Part VI, Section B Line 1a3 DARLENE LOWE, DAN WYANT, MONICA WYANT AND DOUGLAS WYANT ARE DISQUALIFIED PERSONS WITH RESPECT TO THE FOUNDATION. DARLENE LOWE RECEIVED COMPENSATION IN HER ROLE AS CHAIRMAN EMERITUS, DAN WYANT AS CHAIRMAN OF THE BOARD AND PRESIDENT AND MONICA AS A TRUSTEE OF THE BOARD. DOUGLAS WYANT WAS COMPENSATED FOR SERVICES. DARLENE LOWE PROVIDES OFFICE SPACE WITHOUT CHARGE TO THE FOUNDATION. ALL TRUSTEES ARE DISQUALIFIED PERSONS AND RECEIVE TRUSTEE FEES. CERTAIN TRUSTEES ARE ALSO COMPENSATED FOR OTHER SERVICES WHICH THEY RENDER TO THE FOUNDATION WHICH ARE UNRELATED TO THEIR ROLE AS TRUSTEES.
LINE 1 Form 990-PF, Part VIII-A EDUCATIONAL ACTIVITIES - THE FOUNDATION CONDUCTS EDUCATIONAL PROGRAMS AT ITS FACILITY IN CASSOPOLIS, MICHIGAN AS WELL AS OTHER LOCATIONS THROUGHOUT THE COUNTRY. THESE PROGRAMS ARE INTENDED TO EDUCATE AND PROVIDE TRAINING TO GROUPS OF INDIVIDUALS TO IMPROVE THEIR CAPABILITIES, SKILLS AND KNOWLEDGE ABOUT THE OPERATION OF ENTREPRENEURIAL BUSINESSES. THESE PROGRAMS ARE CONDUCTED USING AN APPROACH KNOWN AS "PEER LEARNING." THE FOUNDATION BELIEVES THAT SECOND STAGE ENTREPRENEURS CAN LEARN BEST FROM EACH OTHER THROUGH A FORMAL STRUCTURE OF PEER NETWORKING AND EDUCATIONAL PROGRAMMING REFERRED TO AS PEERSPECTIVES. FOUNDATION PERSONNEL OR OTHERS ENGAGED BY THE FOUNDATION FACILITATE THESE PROGRAMS. THE FOUNDATION EDUCATES COMMUNITIES, REGIONS AND STATES ABOUT THE VITAL ROLE ENTREPRENEURSHIP PLAYS IN ECONOMIC GROWTH. THE FOUNDATION CONDUCTS RESEARCH AND PROVIDES RESEARCH TOOLS TO THE PUBLIC, AS WELL AS RECOGNITION AND PEER LEARNING PROGRAMS THAT FOCUS ON SECOND STAGE COMPANIES, THOSE THAT HAVE MOVED BEYOND THE STARTUP PHASE AND SEEK SIGNIFICANT, STEADY GROWTH. RECOGNIZING THE IMPORTANT ROLE THAT STATE AND REGIONAL GOVERNMENTS PLAY IN BUILDING ENTREPRENEURSHIP DRIVEN ECONOMIES, THE FOUNDATION HAS ESTABLISHED RELATIONSHIPS WITH A NUMBER OF GOVERNMENT ENTITIES TO DELIVER ITS PROGRAMS. SUCH COLLABORATIONS HAVE ALLOWED THE FOUNDATION TO ASSIST THESE GOVERNMENTAL AGENCIES, THEREBY LESSENING THE BURDENS OF GOVERNMENT.
LINE 2 Form 990-PF, Part VIII-A CONSERVATION AND PRESERVATION - ONE OF THE KEY COMPONENTS OF THE FOUNDATION'S MISSION IS TO CONSERVE THE NATURAL ENVIRONMENT THROUGH OWNERSHIP AND MAINTENANCE OF ECOLOGICALLY SIGNIFICANT SCENIC AREAS AND HISTORIC STRUCTURES. THE FOUNDATION FULFILLS THIS MISSION BY PROTECTING, PRESERVING AND INVOLVING THE ENVIRONMENT AT THE FOUNDATION'S HEADQUARTERS IN CASSOPOLIS, MICHIGAN. UTILIZING BEST CONSERVATION PRACTICES, THE FOUNDATION PROVIDES EXAMPLES AND DEMONSTRATIONS TO PROMOTE LAND, WATER AND ENVIRONMENTAL STEWARDSHIP. THE FOUNDATION WORKS WITH A VARIETY OF NATIONAL, STATE AND LOCAL CONSERVATION AND ENVIRONMENTAL GROUPS TO HELP CARRY OUT THIS MISSION.
LINE 3 Form 990-PF, Part VIII-A INFORMATION & TECHNOLOGY SERVICES - THE FOUNDATION HAS DEVELOPED EDUCATIONAL PROGRAM CONTENT AND MATERIALS AND DISTRIBUTES THESE MATERIALS AND CONTENT BOTH IN PRINT AND ELECTRONIC CHANNELS. MUCH OF THIS CONTENT FOCUSES ON PRACTICAL ADVICE AND CASE STUDIES, OFTEN FROM OTHER ENTREPRENEURS-CONSISTENT WITH THE "PEER LEARNING" APPROACH USED IN ITS EDUCATIONAL AND OTHER PROGRAMS AND IS PROVIDED FREE OF CHARGE. THE FOUNDATION ALSO HAS DEVELOPED PROPRIETARY INFRASTRUCTURE THAT MANAGES AND DELIVERS ITS RESEARCH DATA. THE FOUNDATION ALSO HAS DEVELOPED AND MAINTAINS VARIOUS WEB BASED COMMUNICATION TOOLS TO EDUCATE ITS AUDIENCE AND THE GENERAL PUBLIC ABOUT THE IMPORTANCE OF ENTREPRENEURSHIP.

TY 2023 InvestmentsCorpBondsSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Name of Bond End of Year Book Value End of Year Fair Market Value
CIBC (VARIOUS PUBLICLY TRADED BONDS) 44,751,804 44,751,804

TY 2023 InvestmentsCorpStockSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Name of Stock End of Year Book Value End of Year Fair Market Value
CIBC (VARIOUS PUBLICLY TRADED STOCKS) 47,323,604 47,323,604
I SHARES CORE SMALL CAP ETF 4,568,150 4,568,150
FIDELITY INTL INDEX FUND 6,743,285 6,743,285

TY 2023 InvestmentsOtherSchedule2
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
QVT OVERSEAS FMV 25,368 25,368
A G REALTY VIII FMV 268,935 268,935
DAG VENTURES FMV 3,556 3,556
BARCLAYS BK PLC ETN + FMV 3,980,265 3,980,265

TY 2023 LandEtcSchedule2
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 1,694,518 0 1,694,518 1,694,518
BUILDINGS 11,699,846 5,187,932 6,511,914 6,511,914
EQUIPMENT 1,983,163 1,710,522 272,641 272,641
OTHER 1,370,778 1,056,821 313,957 313,957


TY 2023 LegalFeesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PERKINS COIE 76,420     64,484


TY 2023 OtherAssetsSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
EXCISE TAX RECEIVABLE 122,499 86,525 86,525


TY 2023 OtherDecreasesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Amount
INCREASE IN DEFERRED EXCISE TAX LIABILITY 136,569


TY 2023 OtherExpensesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING 753 0 521 232
BANK CHARGES 1,216 0 0 1,216
BOOKS, TAPES, VIDEOS 114 0 0 114
DUES 2,173 8 276 1,889
EMPLOYEE RELATIONS 31,447 12 0 31,435
GASOLINE & OIL 31,143 6,173 0 23,878
GENERAL INSURANCE 184,969 6,868 0 178,101
GROUNDS MAINTENANCE 26,907 276 0 26,630
LICENSES 4,844 215 0 4,629
MISCELLANEOUS 4,640 0 2,514 2,126
POSTAGE 4,432 3 635 3,795
PROGRAM PRODUCTION 36,686 0 475 36,162
PROPERTY EXPENSE 160,646 3,731 0 156,516
REIMBURSED EXP - CONSULTANTS 5,829 7 0 7,054
SEEDS AND PLANTS 3,255 69 0 3,186
SOFTWARE, HARDWARE, COMP MAINT 42,549 125 2,209 40,094
SPONSORSHIP 0 0 0 0
SUBSCRIPTIONS 1,387 0 0 1,387
SUPPLIES 43,815 819 691 41,852
TELEPHONE 10,754 353 1,388 9,013
UTILITIES 111,649 15 0 110,485
VENDOR DISCOUNT -658 0 0 -657
WILDLIFE AND WOODLAND MANAGEMENT 7,710 0 0 7,710
WORKMANS COMPENSATION 33,206 600 692 31,914
DAG VENTURES 1,402 1,402 1,402 0
AG REALTY 41,154 41,154 41,154 0


TY 2023 OtherIncomeSchedule2
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INFORMATION SERVICES 653,238   653,238
EDUCATIONAL ACTIVITIES 418,188   418,188


TY 2023 OtherIncreasesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Amount
MARKET INCREASE IN INVESTMENTS FOR 2023 9,825,087


TY 2023 OtherLiabilitiesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED EXCISE TAX 167,580 304,149


TY 2023 OtherProfessionalFeesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CIBC 226,852 226,852 0 0
JACK PYCIK 97,666 97,666 0 0
UPRIVERGIS, LLC 61,999 0 42,914 19,085
NOMIS PROJECT MANAGEMENT 61,242 0 42,391 18,852
DENNIS P BLANCHETTE 60,477 0 41,861 18,616
INFLECTION POINT LEADERS 60,000 0 41,531 18,469
BRAND STATE U 42,135 0 29,165 12,970
INDIANA TRUST 40,543 0 0 40,085
NEW MEDIA MINDS LLC 37,854 0 26,202 11,652
AMY CELL, LLC 37,019 0 25,623 11,395
KEMPTON RESEARCH & PLANN 31,318 0 21,678 9,640
ARMAND POBLETE 29,235 0 0 29,235
JOLEE MARTIN 20,398 0 14,119 6,279
CHANCO GROWTH SERVICES L 20,346 0 14,083 6,263
O'BOYLE BUSINESS CONSULT 19,852 0 13,741 6,111
RED ADMIRAL VENTURES LLC 16,608 0 11,496 5,112
SALES ADVISORS OF FLORID 15,767 0 10,914 4,854
LAGNIAPPE GLOBAL COMMODI 15,720 0 10,881 4,839
HANNAH METEVIA 12,500 0 8,652 3,848
REBECCA L MOORE CPA 12,309 0 8,520 3,789
ACCESS/ INFORMATION, INC 12,266 0 8,490 3,776
CONTINUOUS SYNERGY, LLC 11,689 0 8,091 3,598
FISHER, TILTON & VANN, I 10,185 0 7,050 3,135
SOUTHWEST MI LAND CONVER 8,680 0 0 8,680
INNOVATRACK, LLC 7,875 0 5,451 2,424
BRAND RUSSO 7,350 0 5,087 2,263
TAMMIE SWEET 5,418 0 3,750 1,668
TIMM DIGITAL MARKETING, 5,251 0 3,635 1,616
MB MENTORS 4,500 0 3,115 1,385
CAMRON GNASS 2,905 0 2,011 894
FRANK LAPIERRE 2,809 0 1,944 865
EGOLF FOREST MANAGEMENT 2,800 0 0 2,800
TMARTIN LTD. 2,000 0 1,384 616
LAUNCH POINT LABS 1,705 0 1,180 525
BUSNIESS ESSENTIAL SKILL 1,405 0 972 433
PHARUS GROUP, LLC 1,050 0 727 323
DON YODER 1,035 32 0 1,003
OTHER $1,000 AND UNDER 14,114 13 504 2,076


TY 2023 TaxesSchedule
Name:
The Edward Lowe Foundation
EIN:
38-2679673
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROPERTY 16,530 3,275   12,668
FEDERAL 35,974      
STATE UBIT 250 250