Elaine and Jeffrey Lovell Foundation
The Elaine and Jeffrey Lovell Foundation is a private foundation based in Wilmington, Delaware. Its 2025 grants supported organizations including the University of Colorado Foundation, Vero Beach Museum of Art, Vail Valley Foundation, and Vilar Performing Arts Center.
Elaine and Jeffrey Lovell Foundation at a glance
In short: Elaine and Jeffrey Lovell Foundation gave $958K across 34 grants in 2025 (avg $28K), mostly in Colorado. 29% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $957,500
- +173.6% vs 2024
- Grants made (2025)
- 34
- +21.4% vs 2024
- Average grant
- $28,162
- +125.3% vs 2024
- Median grant
- $5,000
- Total assets
- $5,916,599
- -1.1% vs 2024
- New grantees (estimate)
- 29% first-time grantees (8 of 28, 2025)
- Primary geography
- Colorado (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Elaine and Jeffrey Lovell Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Elaine and Jeffrey Lovell Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Colorado Foundation ($750K across 4 grants). Together the top 10 received $910K.
Grant Size Distribution
99 grants across all recorded years
The most common grant size was under $50K: 88 grants of 99 (89%).
Geographic Focus
Where this funder awards grants
In 2025, Colorado recipients received 84% of grant dollars and Florida recipients received 10%. Texas received 2%, while California and Arizona each received 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 34 itemized grants.
States
Cities
Is Elaine and Jeffrey Lovell Foundation open to new grantees?
29%
first-time grantees, 2025
In 2025, 8 of 28 grantees (29%) were first-time recipients. First grants averaged $5K; repeat grants $46K. How we count
Medians: $5K first-time, $5K repeat.
- 71% of 2025 grantees were also funded in 2024. Method
- Giving grew 473% from 2022 to 2025. Method
- In 2025 it paid out 332% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $167K (2022) to $958K (2025). In 2025 it made 34 grants totaling $958K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado Foundation Denver, CO | Women's Basketball Excellence Fund and Golden Buffalo Scholarship Fund | $250,000 |
| University of Colorado Foundation Denver, CO | Women's Basketball Excellence and Golden Buffalo Scholarship Fund | $250,000 |
| University of Colorado Foundation Denver, CO | Athletic Director's Discretionary Fund | $150,000 |
| University of Colorado Foundation Denver, CO | Athletic Director Discretionary Fund | $100,000 |
| Vero Beach Museum of Art Inc Vero Beach, FL | Capital Campaign | $50,000 |
| Vail Valley Foundation Inc Avon, CO | General & Unrestricted | $15,000 |
| First Liberty Institute Plano, TX | General & Unrestricted | $12,500 |
| Vilar Performing Arts Center Inc Avon, CO | General & Unrestricted | $12,000 |
| Childcare Resources of Indian River Inc Vero Beach, FL | General & Unrestricted | $10,000 |
| Indian River Hospital Foundation Inc Vero Beach, FL | General & Unrestricted | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,916,599 | $994,979 | $1,062,555 | $957,500 | 34 | $981,221 | $720,040 | $295,421 |
| 2024 | $5,984,175 | $2,068,548 | $425,723 | $350,000 | 28 | $373,303 | $1,530,034 | $236,314 |
| 2023 | $4,341,350 | $565,212 | $316,446 | $249,000 | 21 | $271,810 | $479,276 | $199,518 |
| 2022 | $4,092,584 | $-1,409,456 | $240,740 | $167,000 | 16 | $190,388 | $677,943 | $202,700 |
| 2021 | $5,742,780 | $5,742,780 | — | — | — | — | — | $16,831 |
Under IRS private-foundation payout rules, Elaine and Jeffrey Lovell Foundation reported a distributable amount of $295K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for university funds, a museum capital campaign, and organizations whose work includes arts, athletics, education, and religious-liberty legal services. The University of Colorado Foundation describes its role as receiving, managing, and investing philanthropic gifts for the benefit of the university. Vail Valley Foundation says it works to enhance quality of life in the Vail Valley through arts, athletics, and education. First Liberty Institute describes its work as providing pro bono legal services to advance and defend religious liberty. Vilar Performing Arts Center says it promotes awareness and appreciation of the arts through performances and public education.
Grantmaking
In 2025, the foundation awarded $957,500 across 34 grants. Grants ranged from $1,000 to $250,000, with a median of $5,000. The largest listed awards were four grants to the University of Colorado Foundation: $250,000 for the Women’s Basketball Excellence Fund and Golden Buffalo Scholarship Fund; $250,000 for Women’s Basketball Excellence and the Golden Buffalo Scholarship Fund; $150,000 for the Athletic Director’s Discretionary Fund; and $100,000 for the Athletic Director Discretionary Fund. Other notable grants included $50,000 to Vero Beach Museum of Art for its capital campaign, $15,000 to Vail Valley Foundation for general and unrestricted purposes, $12,500 to First Liberty Institute for general and unrestricted purposes, and $12,000 to Vilar Performing Arts Center for general and unrestricted purposes.
The foundation awarded $350,000 across 28 grants in 2024 and $249,000 across 21 grants in 2023.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Elaine W. Lovell as secretary and vice president, and Jeffrey D. Lovell as director, president, and treasurer.
Elaine and Jeffrey Lovell Foundation is led by Jeffrey D Lovell, Director, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey D Lovell
Director, President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Elaine W Lovell
Secretary & Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Elaine and Jeffrey Lovell Foundation
How much does Elaine and Jeffrey Lovell Foundation give each year?
Elaine and Jeffrey Lovell Foundation gave $958K across 34 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $350K across 28 grants.
What is Elaine and Jeffrey Lovell Foundation's typical grant size?
Elaine and Jeffrey Lovell Foundation's median grant in 2025 was $5,000, and its average grant was $28,162, across 34 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Elaine and Jeffrey Lovell Foundation that year got $5K on average.
Where does Elaine and Jeffrey Lovell Foundation give grants?
Elaine and Jeffrey Lovell Foundation gives mostly in Colorado: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (10%). The most frequent recipient cities were Vero Beach, FL (5 grants), Denver, CO (4 grants), Avon, CO (4 grants) and Los Angeles, CA (2 grants).
Does Elaine and Jeffrey Lovell Foundation give general operating support?
Yes: 65% of Elaine and Jeffrey Lovell Foundation's 2025 grants with a stated purpose (22 of 34) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Charitable Event" (3 grants).
Who are Elaine and Jeffrey Lovell Foundation's largest grantees?
Elaine and Jeffrey Lovell Foundation's largest 2025 grantees include University of Colorado Foundation ($750,000 across 4 grants), Vero Beach Museum of Art Inc ($60,000 across 2 grants) and Vilar Performing Arts Center Inc ($27,000 across 3 grants), according to its 2025 IRS Form 990-PF. Together they received 87% of its itemized 2025 grant dollars.
How large is Elaine and Jeffrey Lovell Foundation?
Elaine and Jeffrey Lovell Foundation reported $5.9M in total assets on its 2025 IRS Form 990-PF. It paid out $981K in qualifying distributions that year, against a required minimum of $295K (roughly 5% of its investment assets).
What does Elaine and Jeffrey Lovell Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for university funds, a museum capital campaign, and organizations whose work includes arts, athletics, education, and religious-liberty legal services. See mission & focus areas ↑
How do I apply for a grant from Elaine and Jeffrey Lovell Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Elaine and Jeffrey Lovell Foundation's EIN?
Elaine and Jeffrey Lovell Foundation's EIN (Employer Identification Number) is 87-3947251. IRS Form 990 filing data is available on this page for 2021–2025.
Does Elaine and Jeffrey Lovell Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 11, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 27, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 24, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Elaine and Jeffrey Lovell Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/elaine-and-jeffrey-lovell-foundation-morg_7437bcdcd5b540ab868a80733978b8e3
BibTeX
@misc{grantable_873947251_2026,
author = {{Grantable}},
title = {{Elaine and Jeffrey Lovell Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/elaine-and-jeffrey-lovell-foundation-morg_7437bcdcd5b540ab868a80733978b8e3},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Elaine and Jeffrey Lovell Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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