Best Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OVIEDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $554K in total assets. In 2024, it awarded 1 grants totaling $1K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$554K
+52.6% YoY
Annual Giving
$1K
-97.5% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$1K
-89.9% YoY
Under IRS private-foundation payout rules, Best Family Foundation Inc reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
About Best Family Foundation Inc
Based on IRS filings
Best Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OVIEDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $554K in total assets. In 2024, it awarded 1 grants totaling $1K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $553,577 | $362,882 | $324,992 |
| Revenue | $195,118 | $158,205 | $123,354 |
| Expenses | $4,423 | $43,921 | $47,757 |
| Qualifying Distributions | $1,000 | $39,461 | $46,510 |
| Net Investment Income | $8,600 | $7,880 | $37,059 |
| Distributable Amount | $29,496 | $20,547 | $17,204 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Lukes Lutheran Church and School ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Lukes Lutheran Church and School Oviedo, FL | For religious and educational purposes | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William R Lowman Jr | Director Secretary Treasurer | 12 | — |
| Suzanne Lowman | Director President | 12 | — |
| Tyler Lowman | Director | 12 | — |
| Emma Lowman | Director | 12 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Best Family Foundation Inc?
Best Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OVIEDO, FL. It holds $554K in total assets as of 2024.
How large is Best Family Foundation Inc?
As of 2024, Best Family Foundation Inc holds $554K in total assets with $195K in annual revenue. It awarded 1 grants totaling $1K in 2024.
Where does Best Family Foundation Inc operate?
Best Family Foundation Inc has awarded grants in Florida, North Carolina, Tennessee.
What size grants does Best Family Foundation Inc award?
In 2024, Best Family Foundation Inc awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Best Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Best Family Foundation Inc reported a distributable amount of $29K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Best Family Foundation Inc's EIN?
Best Family Foundation Inc's EIN (Employer Identification Number) is 46-4346245. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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