EIN 94-6125408

Lowell Alumni Association

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
1981
Most recent tax filings
2022-06-01
NTEE code, primary
Description
The Lowell Alumni Association maintains and enhances relationships to serve and support alumni, students, school, and the Lowell community. The LAA awards scholarships to graduating seniors through a review process conducted by the Scholarship Committee. They also provide grants through the Grant Committee twice a year for projects that supplement academic and extracurricular programs at Lowell High School.
Total revenues
$1,098,988
2022
Total expenses
$1,514,230
2022
Total assets
$6,494,922
2022
Num. employees
1
2022

Program areas at Lowell Alumni Association

Budget Crisis Funding - In response to severe budget cuts at Lowell High School imposed by the San Francisco Unified School District (SFUSD) that threatened the reduction or elimination of many critical academic programs and student support services (counseling, library access, etc.), the Lowell Alumni Association provided $553,727 in supplemental funds to the SFUSD to offset a significant portion of the threatened budget cuts. This emergency grant was funded largely from our long-standing reserve fund. The Lowell PTSA contributed an additional $300,000 to this effort.
Grants Program/Designated Gifts - Twice each year, we solicit grant requests from Lowell faculty, staff and coaches to fund projects that supplement Lowell High School's academic and extracurricular programs. Our Grant Committee evaluates the requests and makes funding recommendations to the LAA Board of Directors for their review and approval.Thanks to our annual grants program and generous designated gifts we have received, we were able to fund a wide variety of projects during fiscal year 2021-22 including support for Lowell's Robotics team ($45,507); upgraded technology for the newly-renovated school library ($27,857); Lowell Science Research Program ($12,500); JROTC program ($9,911); new digital pianos ($6,240); and California Poets in the Schools program ($5,400).Additionally, we have expanded our efforts to make important student events accessible to all students by sponsoring the senior picnic to make it free to all students ($16,778); providing yearbooks to seniors with financial need ($8,500); and subsidizing tickets to the junior prom, senior boat dance and senior prom ($13,481).
Scholarships/Awards - In April of each year, the Lowell Alumni Association solicits applications for our college scholarship program from graduating seniors. Our Scholarship Committee then reviews those applications, conducts interviews and makes final selections of recipients in May. Although scholarship awards are announced in May, we dont pay college scholarships until recipients enroll in college and provide us with proof of enrollment. Given our June 30 fiscal year-end, that means we award scholarships in one fiscal year but actually make payment in the next year. Our past practice was to report scholarships in the fiscal year payment was made, but our auditor has recommended that we report scholarships in the fiscal year they are awarded and then show those amounts as accounts payable. Fiscal year 2021-22 marks our first year of using that process, which means our scholarship expenses are roughly double the normal amount because this years total includes scholarships awarded in May 2021 (but paid out during fiscal year 2021-22) as well as scholarships awarded in May 2022.We awarded 113 college scholarships amounting to more than $230,000 in May 2021 and another 102 college scholarships totaling over $250,000 in May 2022. We also provided over $7,000 in Advanced Placement exam fee subsidies to 60 students with financial need in May 2022 and special academic awards (Vicki Chin Writing Award and Ivan Barker Math Award) totaling $5,000 to six students in May 2022.

Who funds Lowell Alumni Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Network for GoodUnrestricted$125,433
Schwab Charitable FundEducation$63,400
Quach-Kuo Family FoundationTo Support the Purpose and Operations of Lowell Alumni Association$50,000
...and 11 more grants received

Personnel at Lowell Alumni Association

NameTitleCompensation
Fanny ChenVice President Planning and Development / Director$0
John CrittendenDirector$0
Mike UgawaVice President , Planning and Development$0
Terence AbadExecutive Director$79,045
Kate LazarusPresident$0
...and 6 more key personnel

Financials for Lowell Alumni Association

RevenuesFYE 06/2022
Total grants, contributions, etc.$623,773
Program services$11,220
Investment income and dividends$325,272
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$133,802
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$121
Miscellaneous revenues$4,800
Total revenues$1,098,988

Form 990s for Lowell Alumni Association

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-25990View PDF
2019-062020-09-29990View PDF
2018-062019-08-16990View PDF
2017-062018-11-15990View PDF
...and 9 more Form 990s
Data update history
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 8 new personnel
June 26, 2023
Updated personnel
Identified 12 new personnel
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Floyd Family Foundation
July 28, 2022
Received grants
Identified 1 new grant, including a grant for $6,500 from American Endowment Foundation
Nonprofit Types
Civic / social organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsEndowed supportProvides scholarshipsTax deductible donations
General information
Address
PO Box 320009
San Francisco, CA 94132
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
lowellalumni.org/ 
Phone
(415) 759-7830
IRS details
EIN
94-6125408
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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