Ora T & Dessie H Lower Memorial Scholarship

CHICAGO, IL EIN: 23-7311043

Ora T & Dessie H Lower Memorial Scholarship is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $691K in total assets. In 2025, it awarded 23 grants totaling $44K. Net investment income was $51K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$691K

+0.3% YoY

Annual Giving

$44K

-5.2% YoY

Grant Count

23

-23.3% YoY

Avg Grant Size

$2K

+23.6% YoY

About Ora T & Dessie H Lower Memorial Scholarship

Based on IRS filings

Ora T & Dessie H Lower Memorial Scholarship is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $691K in total assets. In 2025, it awarded 23 grants totaling $44K. Net investment income was $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AngolaBloomingtonBourbonnaisCincinnatiColombusCommerceCrawfordsvilleDaytonEast LansingEugeneEvansvilleFlemingsburgFort WayneFranklinGreenfieldHamiltonHanoverIndianapolisLexingtonLima

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$54K$73K202020212022202320242025
Metric202520242023
Total Assets$690,728$688,783$703,216
Revenue$61,501$46,321$25,946
Expenses$62,532$63,625$62,059
Qualifying Distributions$51,444$53,006$50,345
Net Investment Income$51,155$34,366$15,353
Distributable Amount$53,487$49,144$53,095

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$46K26 grants202027 grants202130 grants202234 grants202330 grants202423 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

MEGAN ADKINS$2KMORGAN ADKINS$2KDONNA FRAZIER$2KMORGAN BEARD$2KTREVOR HUNTER$2KSAMUEL STERRETT$2KKEITH BACON$2KLOGAN BEARD$2KBRILEY MUNCHEL$2KABIGAIL SLOAN$2K

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
DR JOHN E WILLIAMSCOMMITTEE2
MICHELLE WALLSCOMMITTEE2

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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