Civic Intelligence

Lowe'S Charitable and Educational Foundation

990 • Fiscal year 2014 • EIN 56-6061689

Feb 01, 2013 to Jan 31, 2014 • Filed on Jun 27, 2014

Organization ProfileN/A
1000 Lowes Blvd28117

(704) 758-2009

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

2.28x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

96th percentile

2.17x

Higher debt load relative to revenue than 96% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Net Margin

1st percentile

-324%

Higher net margin than 1% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Asset Growth

1st percentile

-81%

Faster asset growth than 1% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-72%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,621,312

Down $7,008,665 (-81%) from 2013

Net Assets

Down

-$2,078,506

Down $5,533,006 (-160%) from 2013

Liabilities

Down

$3,699,818

Down $1,475,659 (-29%) from 2013

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin1st percentile

Revenue

$1,706,187

No earlier filing loaded for comparison.

Expenses

Down

$7,237,421

Down $5,267,077 (-42%) from 2013

Net Income

-$5,531,234

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2011: $22,907,678Liabilities 2011: $10,532,300Net Assets 2011: $12,375,3782011Assets 2012: $24,014,821Liabilities 2012: $9,822,901Net Assets 2012: $14,191,9202012Assets 2013: $8,629,977Liabilities 2013: $5,175,477Net Assets 2013: $3,454,5002013Assets 2014: $1,621,312Liabilities 2014: $3,699,818Net Assets 2014: -$2,078,5062014Assets 2015: $1,012,450Liabilities 2015: $1,258,544Net Assets 2015: -$246,0942015Assets 2016: $1,470,842Liabilities 2016: $1,362,845Net Assets 2016: $107,9972016Assets 2017: $610,835Liabilities 2017: $125,264Net Assets 2017: $485,5712017Assets 2018: $1,875,666Liabilities 2018: $258,449Net Assets 2018: $1,617,2172018Assets 2019: $1,513,384Liabilities 2019: $0Net Assets 2019: $1,513,3842019Assets 2020: $5,298,937Liabilities 2020: $0Net Assets 2020: $5,298,9372020Assets 2021: $10,537,051Liabilities 2021: $3,504,000Net Assets 2021: $7,033,0512021Assets 2022: $8,794,184Liabilities 2022: $4,248,000Net Assets 2022: $4,546,1842022Assets 2023: $18,802,670Liabilities 2023: $870,000Net Assets 2023: $17,932,6702023Assets 2024: $16,296,593Liabilities 2024: $1,650,113Net Assets 2024: $14,646,4802024Assets 2025: $18,775,075Liabilities 2025: $1,633,651Net Assets 2025: $17,141,4242025

Highlighted filing

2014

Assets$1,621,312
Liabilities$3,699,818
Net Assets-$2,078,506
Open 2014 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $23,486,8142011Revenue 2012: $21,174,219Expenses 2012: $19,357,368Net Income 2012: $1,816,8512012Expenses 2013: $12,504,4982013Revenue 2014: $1,706,187Expenses 2014: $7,237,421Net Income 2014: -$5,531,2342014Revenue 2015: $7,926,234Expenses 2015: $6,092,210Net Income 2015: $1,834,0242015Revenue 2016: $6,371,858Expenses 2016: $5,522,143Net Income 2016: $849,7152016Revenue 2017: $2,954,949Expenses 2017: $2,577,375Net Income 2017: $377,5742017Revenue 2018: $3,152,712Expenses 2018: $2,030,016Net Income 2018: $1,122,6962018Revenue 2019: $3,095,831Expenses 2019: $3,199,664Net Income 2019: -$103,8332019Revenue 2020: $4,876,039Expenses 2020: $1,090,486Net Income 2020: $3,785,5532020Revenue 2021: $10,106,970Expenses 2021: $8,372,856Net Income 2021: $1,734,1142021Revenue 2022: $2,155,365Expenses 2022: $4,642,232Net Income 2022: -$2,486,8672022Revenue 2023: $15,875,960Expenses 2023: $2,489,474Net Income 2023: $13,386,4862023Revenue 2024: $19,566,102Expenses 2024: $22,793,917Net Income 2024: -$3,227,8152024Revenue 2025: $25,271,969Expenses 2025: $22,777,025Net Income 2025: $2,494,9442025

Highlighted filing

2014

Revenue$1,706,187
Expenses$7,237,421
Net Income-$5,531,234
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2013 to Jan 31, 2014
Signed
Jun 27, 2014
Return Version
2013v3.1
Gross Receipts
$1,896,410
Mission and Program Overview

Mission

The Organization's purpose is to provide funding for

The Organization's purpose is to provide funding for nonprofit organizations and public agencies that have the greatest impact on K-12 public education and community improvement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,264,249$1,576,337▼ $6,687,912
Pledges and Grants Receivable$344,353$44,975▼ $299,378
Prepaid Expenses and Deferred Charges$21,375--
Total Assets$8,629,977$1,621,312▼ $7,008,665
Liabilities
Grants Payable$5,175,477$3,699,818▼ $1,475,659
Total Liabilities$5,175,477$3,699,818▼ $1,475,659
Net Assets / Fund Balance
Unrestricted Net Assets$3,454,500$-2,078,506▼ $5,533,006
Total Net Assets Fund Balance$3,454,500$-2,078,506▼ $5,533,006
Total Liabilities and Net Assets / Fund Balance$8,629,977$1,621,312▼ $7,008,665
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Marshall a CroomPresident
Gaither M Keener JrVice President
Maureen K AusuraVice President
N Brian PeaceVice President
Lisa WickerTrustee
Rick DamronTrustee
Ricki BargerTrustee
Hannah H KimSecretary
David R GreenTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
PTO Today IncAdmin of grant programs-$152,962
Revenue and Support

Revenue Composition

Contributions and Grants
$1,705,958
Program Service Revenue
$229
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,531,234

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table317$116,334Fair Market Value (FMV)
Other Non Cash Contri Table317$73,889Fair Market Value (FMV)
Total Noncash Contributions634$190,223-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,032,024
Other Expenses$205,397
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,854,524--$6,854,524
Fees for Services Management$204,337$0$0$204,337
Foreign Grants$177,500--$177,500
Other Expenses$201$0$0$201
Total Functional Expenses$7,237,421$0$0$7,237,421
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---See Attached$4,738,309

International Summary

Offices
0
Employees
0
Spending
$177,500

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServicesCommunity Imp.00$177,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$190,223
Fundraising Gross Income$190,223
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$1,421,276$190,223$73,889$116,334
Total Events$1,421,276$190,223$190,223-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
56-6061689
Phone
7047582009

Signing Officer

Name
David R Green
Title
Treasurer
Phone
7047582009
Signed
2014-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David R Green
Formed
1957
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
50

Preparer

Preparer
David R Green
Phone
7047993188
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is reviewed by multiple volunteer CPAs for accuracy”

Pt VI, Line 19

“All governing documents and financial statements are”

Pt VI, Line 19

“available to the public upon request”

Pt XI

“Foreign currency adjustment: -1772”

Pt XII, Line 1

“Organization changed from cash to accrual method in 2010”

Pt VI, Line 12C

“All directors, officers and committee members annually”

Pt VI, Line 12C

“certify compliance with the organization's policy.”

Pt VI, Line 15A

“See statement below”

Pt VI, Line 15B

“The Organization's compensation policy states that no”

Pt VI, Line 15B

“trustee, or officer shall be compensated for”

Pt VI, Line 15B

“serving in their capacity as as a trustee or officer.”

Pt VI, Line 2

“Trustees and officers are employees of Lowe's Companies,”

Pt VI, Line 2

“Inc.”

Pt VI, Line 4

“The original bylaws created in 1957 were updated in 2013.”

Pt VI, Line 4

“The primary change related to corporate officers. The”

Pt VI, Line 4

“offices of Chairman of the Board of Directors, Vice Chairman,”

Pt VI, Line 4

“Chief Legal Officer, Executive Vice President, and Senior”

Pt VI, Line 4

“Vice President were added. The offices of President,”

Pt VI, Line 4

“Treasurer, and Secretary remain. The office of Vice President”

Pt VI, Line 4

“was removed. Duties and responsibilities for each office”

Pt VI, Line 4

“were created or updated as necessary.”

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt08264249
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01576337
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0Description: Foreign Currency Translation
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt12010: 13040.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt22013: 229.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc1Pt II Line 10
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc2Pt II Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01421276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01436227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020853684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022250800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017324398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt063286385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023640
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030828
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt057005
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0229
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013040
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013269
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87280
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.87030
IRS990ScheduleA/PublicSupportTotal170Amt055300550
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt07985835
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01421276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01436227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020853684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022250800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017324398
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt063286385
IRS990ScheduleA/TotalSupportAmt063356659
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0177500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Community Imp.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Various
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0177500
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES IS THE SAME AS THE ONES USED WITHIN THE COUNTRY. LOWE'S CHARITABLE AND EDUCATIONAL FOUNDATION UTILIZES VOLUNTEERS TO OVERSEE ITS ON-LINE APPLICATION PROCESS FOR DETERMINING GRASS ROOT COMMUNITY AND SCHOOL PROJECTS THAT BEST ACCENTUATE THE ORGANIZATION'S MISSION - PROVIDING IMPACTFUL SUPPORT TO LOCAL COMMUNITIES. THE FOUNDATION IS OVERSEEN BY A BOARD OF TRUSTEES THAT ARE REPRESENTATIVES OF LOWE'S COMP
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0177500
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01231053
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01231053
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0190223
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01421276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01421276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0190223
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0190223
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Swing For Charity
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt073889
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt073889
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0116334
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0116334
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt04738309
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0See Attached
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/City0See Attached Schedule
IRS990ScheduleI/RecipientTable/USAddress/State0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode028117
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation requires an eligibility test for all applications
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1requesting assistance. This test is used to determine if the applicant
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt2meets the Organizations stated guidelines found on its Website.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt3The organization seeks out applicants which best further its commitment to support
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt4grassroots community and school projects as well as allow it to enhance its relationship
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt5with various charitable organizations.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt6All applications are submitted on-line and reveiwed by volunteers
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt7who determine which agencies or nonprofit organizations best meet
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt8the aforementioned mantra. The Foundation is overseen by a board
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt9of trustees consisting of representatives from Lowe's Companies,
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt10Inc. who work in various roles within that Company whereby supplying
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt11diversity of thought, leadership and experience to further enhance
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt12the Foundation's work.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc12Pt I Line 2
IRS990ScheduleI/Total501c3OrgCnt0148
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0317
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt1317
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Food/Entertainment
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Golf/Awards
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0116334
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt173889
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Lowe's Compaies, Inc. provides goods and services to the
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt1Organization for its Swing for Charity events. These
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt2noncash items are provided at no cost to the Organization.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc025, 26, 27
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc125, 26, 27
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc225, 26, 27
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is reviewed by multiple volunteer CPAs for accuracy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents and financial statements are
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Foreign currency adjustment: -1772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Organization changed from cash to accrual method in 2010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All directors, officers and committee members annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6certify compliance with the organization's policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7See statement below
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Organization's compensation policy states that no
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9trustee, or officer shall be compensated for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10serving in their capacity as as a trustee or officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Trustees and officers are employees of Lowe's Companies,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13The original bylaws created in 1957 were updated in 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14The primary change related to corporate officers. The
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15offices of Chairman of the Board of Directors, Vice Chairman,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Chief Legal Officer, Executive Vice President, and Senior
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Vice President were added. The offices of President,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Treasurer, and Secretary remain. The office of Vice President
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19was removed. Duties and responsibilities for each office
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20were created or updated as necessary.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,621,312
Liabilities
$3,699,818
Net assets
-$2,078,506
Revenue
$1,706,187
Expenses
$7,237,421
Net income
-$5,531,234
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$1.63$17.1$25.3$22.8$2.49
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$1.65$14.6$19.6$22.8$3.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$0.87$17.9$15.9$2.49$13.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.79$4.25$4.55$2.16$4.64$2.49
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$3.50$7.03$10.1$8.37$1.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.00$5.30$4.88$1.09$3.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$3.10$3.20$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.26$1.62$3.15$2.03$1.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.13$0.49$2.95$2.58$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$1.36$0.11$6.37$5.52$0.85
2015Detailed filing. Detailed filing data is available for this year.$1.01$1.26$0.25$7.93$6.09$1.83
2014Detailed filing. Detailed filing data is available for this year.$1.62$3.70$2.08$1.71$7.24$5.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.63$5.18$3.45$12.5
2012Summary only. Only limited summary data is available for this year.$24.0$9.82$14.2$21.2$19.4$1.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$10.5$12.4$23.5