The Ark Foundation

Foundation · Grantmaker Miami Beach, FL EIN: 30-0256823

The Ark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami Beach, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 2 grants totaling $75K. Net investment income was $81K.

Key facts about The Ark Foundation

EIN: 30-0256823
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $75,000
Grants made (2024): 2
Average grant: $37,500
Median grant: $37,500
Total assets: $2,869,439
Primary geography: Pennsylvania (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How The Ark Foundation gives

Giving fell 37% from 2021 to 2024. Method
In 2024 it paid out 57% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Ark Foundation

How to evaluate The Ark Foundation as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+14.5% YoY

Annual Giving

$75K

-55.9% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$38K

-33.8% YoY

Under IRS private-foundation payout rules, The Ark Foundation reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ark Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $75K (100%)

Share of all 2 itemized 2024 grant dollars.

States

Maryland Pennsylvania

Cities

GettysburgHersheyBaltimoreNew Oxford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,869,439	$2,507,020	$2,210,836
Revenue	$84,154	$67,147	$54,612
Expenses	$80,474	$177,401	$128,312
Qualifying Distributions	$75,863	$172,257	$125,239
Net Investment Income	$80,544	$62,253	$52,289
Distributable Amount	$133,099	$114,210	$116,508

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Project Gettysburg-Leon ($65,000), Penn State College of Medicine ($10,000).

Recipient	Purpose	Amount
PROJECT GETTYSBURG-LEON Gettysburg, PA	GENERAL/NO RESTRICTION	$65,000
PENN STATE COLLEGE OF MEDICINE Hershey, PA	GENERAL/NO RESTRICTION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Bailey Lowenthal	President & Treasurer	1	—
Justina Lowenthal	Vice President	1	—
Matthew Lowenthal	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Ark Foundation?

The Ark Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Miami Beach, FL. It holds $2.9M in total assets as of 2024.

How large is The Ark Foundation?

As of 2024, The Ark Foundation holds $2.9M in total assets with $84K in annual revenue. It awarded 2 grants totaling $75K in 2024.

Where does The Ark Foundation operate?

The Ark Foundation has awarded grants in Maryland, Pennsylvania.

What size grants does The Ark Foundation award?

In 2024, The Ark Foundation awarded 2 grants totaling $75K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is The Ark Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ark Foundation reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.