Greater Lowell Community Foundation

Lowell, MA, 01852 (978) 970-1600 Est. 1997 EIN 04-3401997
T31 - Community Foundations 990 - Public charity return 501(c)(3)
www.glcfoundation.org

Mission

THE MISSION OF THE GREATER LOWELL COMMUNITY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE IN THE AREA. THE FOUNDATION IS A COMMUNITY RESOURCE, WHICH ATTRACTS FUNDS, DISTRIBUTES GRANTS, AND SERVES AS A CATALYST AND LEADER AMONG FUNDERS, AGENCIES AND INDIVIDUALS TO ADDRESS IDENTIFIED AND EMERGENT NEEDS. THE COMMUNITY FOUNDATION IS A PROFESSIONAL, COMPASSIONATE STEWARD OF DONOR FUNDS AND BUILDS UPON THE CREATIVE VISION OF ITS FOUNDERS AND THE COMMUNITY. IT PROMOTES AND ENCOURAGES THE ROLE OF PHILANTHROPY IN IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES IT SERVES.

Giving Portfolio

Total Grants
634
Total Giving
$21.0M
Recipients
622
Years Active
2018 - 2025
Avg grant: $32,431 Median: $15,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2025110$3.9M $35K2879
202489$2.8M $31K1968
202394$3.3M $35K2964
202279$2.2M $28K1958
2021100$3.5M $35K2277
2020105$3.8M $36K6735
201857$1.5M $26K570

Sectors Funded

Human Services
115
Arts, Culture & Humanities
54
Education
45
Youth Development
36
Housing & Shelter
34
Health Care
33
Food, Agriculture & Nutrition
31
Environment
24
and 13 more sectors

Top States

Massachusetts
609
Virginia
6
Maine
4
Florida
3
New Hampshire
3
District of Columbia
3
New York
2
Washington
1
and 1 more states

Grantee Size Profile

$1M - $5M
193
$100K - $500K
81
$500K - $1M
60
$5M - $10M
57
$10M - $50M
56
Over $50M
46
Under $100K
30

Top Grantees

Page 1 of 3
$1.1M
MA - 6 grants
$448K
$413K
GRANTS LESS 5000
- 2 grants
$408K
MA - 3 grants
$393K
MA - 4 grants
$385K

Grants Awarded · 584 grants

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Financials

Total Revenue
$8,814,269
Total Expenses
$7,354,074
Net Assets
$61,831,273
10 employees 112 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
8.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.1%
Expenses ↑ 13.6%
Revenue Sources
Contributions 70.3% Investment 29.7%
Expense Breakdown
Program 90.5% Management 4.8% Fundraising 4.8%

Officers & Trustees (25)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$8,814,269 ↑$7,354,074$61,831,273
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$7,589,018 ↓$6,474,219$57,651,365
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$8,510,011 ↓$7,200,108$50,785,103
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$9,411,237 ↑$5,650,735$44,119,485
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$8,473,367 ↑$6,202,854$49,166,179
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$8,402,571 ↑$6,003,528$44,117,874
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$6,297,765 $3,726,538$31,073,665

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EIN: 04-3401997 · Source: IRS Form 990 e-file data