The Lowe's Foundation is an independent 501(c)(3) public charity established in 1957 and based in Mooresville, North Carolina. The foundation is dedicated to closing the skilled trades labor gap across the United States by developing a community of skilled tradespeople who can build and revitalize homes, neighborhoods, and infrastructure.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$18.8M
+15.2% YoY
Revenue
$25.3M
+29.2% YoY
Net Investment Income
$799K
+17.9% YoY
Expenses
$22.8M
-0.1% YoY
Mission & Focus Areas
The foundation's mission is to develop a community of skilled tradespeople who can build and revitalize homes, neighborhoods, and infrastructure for the future. Primary funding priorities include:
- Skilled trade education and workforce development
- Safe and affordable housing
- K-12 public education
- Community improvement
The foundation provides funding to nonprofit organizations, public agencies, community and technical colleges, community-based organizations, and national nonprofits that align with these priorities.
Grantmaking
Applications are submitted through an online portal at www.lowes.com/foundation. Contact information for inquiries: Foundation@lowes.com or 704-880-0058.
Grant Range
$100,000–$1,000,000
How to Apply
Applications are submitted through an online portal at www.lowes.com/foundation. Contact information for inquiries: Foundation@lowes.com or 704-880-0058.
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Geographic Focus
Where this funder awards grants
The foundation funds programs nationally across the United States, with particular activity in North Carolina, Georgia, and Arizona.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending January 2025:
- Total Assets: $18,775,075
- Total Revenue: $25,271,969
- Total Expenses: $22,777,025
- Total Giving: $17,825,150
Historical Context: Since its inception, the foundation has awarded approximately $263 million for community projects and programs.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,775,075 | $16,296,593 | $18,802,670 |
| Revenue | $25,271,969 | $19,566,102 | $15,875,960 |
| Expenses | $22,777,025 | $22,793,917 | $2,489,474 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $799,442 | $678,008 | $55,808 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Janice Dupre | Chair | 3 | — |
| David R Green | Trustee Treasurer | 3 | — |
| David Shoop | Trustee | 1 | — |
| Margi Vagell | SVP Vice Chairman | 3 | — |
| Erica Irvin | Secretary | 2 | — |
| Jason Rutherford | Trustee | 1 | — |
| Donna Neale | Trustee | 1 | — |
| Brad Hardy | Trustee | 1 | — |
| Steffani McLean | Trustee | 1 | — |
| Gerado Soto Aycinena | Trustee | 1 | — |
| Kyle Guenther | Trustee | 1 | — |
| Jana Barresi | Trustee | 1 | — |
| Elizabeth Conway | Director | 40 | $184,715 |
| Lauren Norman | Sr Manager | 40 | $134,862 |
| Diana Castaneda | Manager | 40 | $118,630 |
| Sebastian Hale | Manager | 40 | $117,680 |
| Ashley Schroeder | Manager | 40 | $117,654 |
| Delaney Osterday | Manager | 40 | $111,692 |
| Javi Cano | Trustee | 1 | — |
| Nick Masi | Trustee | 1 | — |
Recent News & Activity
Recent developments and announcements
The Lowe's Foundation has demonstrated significant recent grant activity in skilled trades workforce development:
Lowe's Foundation Invests Over $10 Million in Nonprofits to Expand ...Invested over $10 million in nonprofits to expand and scale skilled trades training programs
Lowe's Foundation Invests Over $10 Million in Nonprofits to Expand ...Invested $9 million in grants for skilled trades via nonprofits
Lowe's Foundation Invests Over $10 Million in Nonprofits to Expand ...Awarded $500,000 to Blue Ridge Community College for skilled trades workforce development
Lowe\u2019s Foundation Commits $10M to Skilled Trades Training | Roofing\As of July 2025, the foundation's investment in solving the skilled trades labor shortage has grown to $43 million
Lowe\u2019s Foundation Commits $10M to Skilled Trades Training | Roofing\Recent grant recipients include Central Piedmont Community College Foundation ($1,000,000) and Wiregrass Georgia Technical College Foundation, among others supporting skilled trades education and training.
Lowe\u2019s Foundation Commits $10M to Skilled Trades Training | Roofing\Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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