Lowes Foundation
Lowes Foundation is a public charity based in Mooresville, North Carolina. Founded in 1957, it is an independent 501(c)(3) organization founded by Lowe’s Companies, Inc. The foundation supports efforts to close the skilled trades labor gap in the United States.
Lowes Foundation at a glance
In short: Lowes Foundation gave $18.5M across 35 grants in 2025 (avg $527K), top state North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $18,452,150
- -7.9% vs 2024
- Grants made (2025)
- 35
- -2.8% vs 2024
- Average grant
- $527,204
- -5.2% vs 2024
- Median grant
- $500,000
- Total assets
- $18,775,075
- +15.2% vs 2024
- Primary geography
- North Carolina (12% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Lowes Foundation
- Review Cycle
- The foundation’s website says the Gable Grants application period opens in March for community and technical colleges, in August for community-based nonprofits by invitation, and in September for national nonprofits by invitation.
- Deadline
- The foundation’s website says the Gable Grants application period opens in March for community and technical colleges,…
- Contact
Mailing address: 1000 Lowes Blvd, Mooresville, NC 28117-8520
Phone: (704) 880-0058
Website: https://lowesfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Lowes Foundation
Who Lowes Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Central Piedmont Community College Foundation ($1.0M). Together the top 10 received $9.3M.
Grant Size Distribution
102 grants across all recorded years
The most common grant size was in the $500K–1M range: 30 grants of 102 (29%).
Geographic Focus
Where this funder awards grants
The foundation describes its Gable Grants work as taking place across the United States. Its eligibility materials specify that applicants must be based in the United States.
Grant Distribution by State
Share of 2025 grant dollars across all 35 itemized grants.
States
Cities
How Lowes Foundation gives
Estimate from itemized grant lists in IRS Form 990 filings (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 2020 to 2025, annual grant giving ranged from $707K (2020) to $20.0M (2024). In 2025 it made 35 grants totaling $18.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Piedmont Community College Foundation Charlotte, NC | Given grants for mission | $1,000,000 |
| Goodwill Industries International Rockville, MD | Given grants for mission | $1,000,000 |
| Maricopa County Community College District Foundation Tempe, AZ | Given grants for mission | $1,000,000 |
| Midlands Technical College Foundation Columbia, SC | Given grants for mission | $1,000,000 |
| Wiregrass Georgia Technical College Foundation Fitzgerald, GA | Given grants for mission | $1,000,000 |
| The National Center for Construction Education and Research Alachua, FL | Given grants for mission | $1,000,000 |
| Sleep In Heavenly Peace Pocatello, ID | Given grants for mission | $916,150 |
| Baton Rouge Community College Foundation Inc Baton Rouge, LA | Given grants for mission | $850,000 |
| Trade Institute of Pittsburgh Pittsburgh, PA | Given grants for mission | $800,000 |
| Alaska Works Partnership Inc Anchorage, AK | Given grants for mission | $700,000 |
Ready to take the next step with Lowes Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation’s 2024 filing also states that Lowe’s Companies, Inc. provides payroll and benefit services and pays some expenses directly. For the fiscal year ended January 31, 2025, payroll, benefits, and other expense reimbursements to Lowe’s Companies, Inc. totaled $1,980,871.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $18,775,075 | $25,271,969 | $22,777,025 | $18,452,150 | 35 | $799,442 |
| 2024 | $16,296,593 | $19,566,102 | $22,793,917 | $20,030,000 | 36 | $678,008 |
| 2023 | $18,802,670 | $15,875,960 | $2,489,474 | $2,225,000 | 7 | $55,808 |
| 2022 | $8,794,184 | $2,155,365 | $4,642,232 | $4,358,000 | 11 | — |
| 2021 | $10,537,051 | $10,106,970 | $8,372,856 | $8,118,901 | 13 | — |
| 2020 | $5,298,937 | $4,876,039 | $1,090,486 | $707,150 | 4 | $17,015 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to develop a community of skilled tradespeople who can build and revitalize homes, neighborhoods, and infrastructure for the future. Its website says the Gable Grants program supports skilled trades education and workforce development.
The foundation’s 2024 filing describes funding for community and technical colleges, community-based organizations, and national nonprofits to support this mission. It also reports support for one community improvement organization providing basic necessities to children in need.
Examples of grantees illustrate the range of organizations supported. Sleep in Heavenly Peace says its mission is to provide handmade, fully furnished beds to children in need. SkillsUSA describes its work as leadership development and career-focused education for people preparing for trade, technical, and skilled service occupations. She Built This City says it builds pathways to skilled-trades careers for youth, women, and marginalized communities. These are the grantees’ descriptions of their own missions.
Grantmaking
In 2024, the foundation reported 36 grants totaling $20,030,000. The available filing data does not specify a typical grant size. Selected 2024 grants included $1,425,000 to Sleep in Heavenly Peace; $1,000,000 each to Local Initiatives Support Corporation, SkillsUSA, Columbus Technical College Foundation, She Built This City, and Goodwill Industries International; $930,000 to The Master’s Apprentice; and $825,000 to West Virginia Women Work. Its 2025 filing, the latest on this page, reports 35 grants totaling $18.5 million.
The Gable Grants program supports community and technical colleges and nonprofit organizations working to recruit, train, and prepare job-ready tradespeople. The foundation’s 2026 eligibility guidelines require applicants to offer sustainable, scalable skilled-trades education for adults or youth ages 16 and up, with emphasis on specified trades including construction, electrical, HVAC, plumbing, and facilities or property maintenance. Programs must recruit, train, and prepare participants, with the guidelines naming groups including women, people of color, rural residents, and people who are justice-involved or participating in second-chance programs.
Eligible community and technical colleges may apply directly if they meet the stated public-institution, degree, and accreditation criteria. Community-based and national nonprofits apply by invitation only and must meet the applicable 501(c)(3) and program-delivery requirements. Applications are submitted through the foundation’s online portal. The application summary describes the form as informational and directs applicants to use the official application for current requirements.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Janice Dupre as Chair; David R Green as Trustee Treasurer; Margi Vagell as SVP Vice Chairman; Erica Irvin as Secretary; and David Shoop, Jason Rutherford, Donna Neale, Brad Hardy, Steffani McLean, and Gerado Soto Aycinena as trustees.
Lowes Foundation is led by Janice Dupre, Chair on every filing since 2021; 6 of 20 officers listed in 2025 are compensated.
Officers on the 2025 filing
Janice Dupre
Chair
On filings since 2021
3 hrs/week
No compensation reported
Elizabeth Conway
Director
On filings since 2024
40 hrs/week
$172K (2024) → $185K (2025)
David R Green
Trustee Treasurer
Treasurer → Trustee & Treasurer, 2022
Trustee & Treasurer → Trustee Treasurer, 2024
On filings since 2020
3 hrs/week
No compensation reported
Jason Rutherford
Trustee
On filings since 2021
1 hr/week
No compensation reported
Donna Neale
Trustee
On filings since 2022
1 hr/week
No compensation reported
Gerado Soto Aycinena
Trustee
On filings since 2023
1 hr/week
No compensation reported
Kyle Guenther
Trustee
On filings since 2023
1 hr/week
No compensation reported
Steffani McLean
Trustee
On filings since 2023
1 hr/week
No compensation reported
David Shoop
Trustee
On filings since 2024
1 hr/week
No compensation reported
Brad Hardy
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jana Barresi
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Javi Cano
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Nick Masi
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Lauren Norman
Senior Manager
On filings since 2024
40 hrs/week
$104K (2024) → $135K (2025)
Ashley Schroeder
Manager
New on the 2025 filing
40 hrs/week
$118K (2025)
Delaney Osterday
Manager
New on the 2025 filing
40 hrs/week
$112K (2025)
Diana Castaneda
Manager
New on the 2025 filing
40 hrs/week
$119K (2025)
Sebastian Hale
Manager
New on the 2025 filing
40 hrs/week
$118K (2025)
Margi Vagell
Senior Vice President Vice Chairman
Senior Vice President & Vice Chairman → Senior Vice President Vice Chairman, 2024
On filings since 2020
3 hrs/week
No compensation reported
Erica Irvin
Secretary
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (10)
- Former: Bill Ellison (2020–2024) — Secretary
- Former: Alvin Ferrouillet (2022–2024) — Trustee
- Former: Denise Hill (2023–2024) — Trustee
- Former: Sandy Felton (2020–2023) — Trustee
- Former: Vincent Scalese (2020–2023) — Trustee
- Former: Ben Boyd (2022–2023) — Trustee
- Former: Mike Tumillo (2020–2021) — Trustee
- Former: Calvin Adams (2020) — Trustee
- Former: Janice Little (2020) — Trustee
- Former: Jennifer Weber (2020) — Chairman & President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $185K, to Elizabeth Conway (Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Lowes Foundation
How much does Lowes Foundation give each year?
Lowes Foundation gave $18.5M across 35 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $20.0M across 36 grants.
What is Lowes Foundation's typical grant size?
Lowes Foundation's median grant in 2025 was $500,000, and its average grant was $527,204, across 35 grants on its 2025 IRS Form 990.
Where does Lowes Foundation give grants?
Lowes Foundation's top state is North Carolina, with 12% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Maryland (9%) and Florida (8%). The most frequent recipient cities were Charlotte, NC (2 grants) and New York, NY (2 grants).
Does Lowes Foundation give general operating support?
Not in 2025: none of the 35 grants with a stated purpose on Lowes Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Given grants for mission" (35 grants).
Who are Lowes Foundation's largest grantees?
Lowes Foundation's largest 2025 grantees include Central Piedmont Community College Foundation ($1,000,000), Goodwill Industries International ($1,000,000) and Maricopa County Community College District Foundation ($1,000,000), according to its 2025 IRS Form 990. Together they received 16% of its itemized 2025 grant dollars.
How large is Lowes Foundation?
Lowes Foundation reported $18.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $25.3M.
What does Lowes Foundation fund?
The foundation’s stated mission is to develop a community of skilled tradespeople who can build and revitalize homes, neighborhoods, and infrastructure for the future. Its website says the Gable Grants program supports skilled trades education and workforce development. See mission & focus areas ↑
How do I apply for a grant from Lowes Foundation?
Lowes Foundation has no public application process in the sources Grantable reviewed. Check lowesfoundation.org for current guidelines, or contact the foundation directly before submitting a request.
What is Lowes Foundation's EIN?
Lowes Foundation's EIN (Employer Identification Number) is 56-6061689. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 15, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 25, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 15, 2025)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Lowes Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Lowes Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/lowes-foundation-morg_0dc1863027c042a9a872acfaab9407c8
BibTeX
@misc{grantable_566061689_2026,
author = {{Grantable}},
title = {{Lowes Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lowes-foundation-morg_0dc1863027c042a9a872acfaab9407c8},
note = {Accessed 2026-10-11. 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 Lowes 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.
Lowes Foundation down — hundreds of funders to go?