GREATER LOWELL COMMUNITY FOUNDATION INC

EIN 043401997 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2024.

← All sponsors
DAF assets
$16.49M
at fiscal year end
Grants out
$1.08M
from DAF accounts
Contributions in
$1.30M
received into DAFs
Payout rate
6.6%
median is 12.5%
Accounts
79
funds held at year end
Average account
$209K
assets per fund

At 6.6%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$7.5M
FY2019
$8.4M
FY2020
$9.8M
FY2021
$11.6M
FY2022
$14.6M
FY2023
$16.5M
FY2024

Grants paid by year

$399K
FY2019
$369K
FY2020
$395K
FY2021
$650K
FY2022
$885K
FY2023
$1.1M
FY2024

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 479 grant lines totalling $15.3M across 2019–2024 — $32K per line.

$69K of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Community Teamwork Inc 1EIN 042382027 MA$1.2M
Merrimack Repertory Theatre Inc (EIN 042664784 MA$672K
Lowell Community Health Center IncEIN 042881348 MA$620K
Coalition For A Better Acre Inc (EIN 042760272 MA$605K
International Institute Of New England IncEIN 042104325 MA$558K
Boys & Girls of Greater LowelEIN 042104396 MA$519K
United Teen Equality CenterEIN 383669532 MA$509K
Catie'S Closet IncEIN 272531953 MA$482K
Lowell Catholic High SchoolEIN 042563657 MA$452K
University Of MassachusettsEIN 043167352 MA$444K
Lowell Art AssociationEIN 042428837 MA$402K
New England Quilt MuseumEIN 042971424 MA$390K
Merrimack Valley Food Bank IncEIN 223241609 MA$334K
The Cambodian Mutual Assistance Association of Greater Lowell IncEIN 222553560 MA$258K
Umass LowellEIN 046013152 MA$247K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2024, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.