The Lovett Foundation

WINSTONSALEM, NC EIN: 56-1795876

The Lovett Foundation is a private foundation, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 23 grants totaling $75K. Net investment income was $198K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+8.6% YoY

Annual Giving

$75K

-2.2% YoY

Grant Count

23

+0.0% YoY

Avg Grant Size

$3K

-2.2% YoY

About The Lovett Foundation

Based on IRS filings

The Lovett Foundation is a private foundation, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 23 grants totaling $75K. Net investment income was $198K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlbermarleAshevilleBrevardBurlingtonBurnsvilleCarrboroCharlotteCumberlandDes MoinesDurhamGeismerGreensboroHampsteadHendersonvilleJacksonJacksonvilleLaguna NiguelLenoir CityLexingtonMoore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66K$132K$199K$265K20202021202220232024
Metric202420232022
Total Assets$1,512,159$1,392,672$1,403,025
Revenue$224,769$93,793$-68,866
Expenses$104,734$103,704$120,312
Qualifying Distributions$74,790$76,498$87,459
Net Investment Income$197,924$68,805$56,445
Distributable Amount$78,246$73,894$75,690

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$87K23 grants202022 grants202129 grants202223 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOOKMARKS$10KCITY WITH DWELLINGS$5KWAKE FOREST UNIVERSITY$5KTRANSPLANTING TRADITIONS…$4KIMPRINTS CASES$4KLEAD GIRLS OF NC$4KLEARNING TOGETHER$3KOUT AT THE MOVIES$3KHEART MATH TUTORING$3KTHE DWELLING$3K

Grant Size Distribution

120 grants across all recorded years

120<$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 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES C LOVETTPRESIDENT0.5
JANICE T LOVETTDIRECTOR0.5
KARL DOUGLAS VASSTREASURER0.5
MARK BLAKEMANDIRECTOR0.5
LISA NEWHAMDIRECTOR0.5
STEPHANIE LOVETTDIRECTOR0.5
SANDRA ADAMSDIRECTOR0.5
E JORDAN FLOWERSDIRECTOR0.5
LUCY C LOVETTDIRECTOR0.5

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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