Elmer S Lowe & Christine Lowe Mem Tr

RALEIGH, NC EIN: 56-6285792

Elmer S Lowe & Christine Lowe Mem Tr is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grants totaling $112K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-0.4% YoY

Annual Giving

$112K

-5.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$112K

-5.1% YoY

Under IRS private-foundation payout rules, Elmer S Lowe & Christine Lowe Mem Tr reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About Elmer S Lowe & Christine Lowe Mem Tr

Based on IRS filings

Elmer S Lowe & Christine Lowe Mem Tr is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grants totaling $112K. Net investment income was $102K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

North Wilkesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$133K$200K$266K20202021202220232024
Metric202420232022
Total Assets$2,190,341$2,199,148$2,383,701
Revenue$138,323$-33,196$110,577
Expenses$147,396$151,048$175,005
Qualifying Distributions$111,672$117,710$135,872
Net Investment Income$102,180$26,650$74,414
Distributable Amount$121,635$111,672$117,710

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$102K$136K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

WRMC HOSPITAL OPERATING …$112K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wrmc Hospital Operating Corp ($111,672).

RecipientPurposeAmount
WRMC HOSPITAL OPERATING CORP NORTH WILKESBORO, NCGENERAL NEEDS OF HOSPITAL$111,672

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FIRST CITIZENS BANKTRUSTEE$34K

From 2024 filing

NameTitleHoursCompensation
FIRST CITIZENS BANKTRUSTEE40$33,892

Frequently Asked Questions

How large is Elmer S Lowe & Christine Lowe Mem Tr?

As of 2024, Elmer S Lowe & Christine Lowe Mem Tr holds $2.2M in total assets with $138K in annual revenue. It awarded 1 grants totaling $112K in 2024.

Where does Elmer S Lowe & Christine Lowe Mem Tr operate?

Elmer S Lowe & Christine Lowe Mem Tr has awarded grants in North Carolina.

What size grants does Elmer S Lowe & Christine Lowe Mem Tr award?

In 2024, Elmer S Lowe & Christine Lowe Mem Tr awarded 1 grants totaling $112K — an average of about $112K per grant, based on its IRS Form 990 filings.

How much is Elmer S Lowe & Christine Lowe Mem Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Elmer S Lowe & Christine Lowe Mem Tr reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Elmer S Lowe & Christine Lowe Mem Tr's EIN?

Elmer S Lowe & Christine Lowe Mem Tr's EIN (Employer Identification Number) is 56-6285792. 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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