2023-08-17T17:22:56-05:00 2022-12-31 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2022-01-01 042007327 PERCIVAL LOWELL TRUST UW PERC 9287743358 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 W LOWELL PUTNAM TRUSTEE 9287743358 2023-08-15 1 W LOWELL PUTNAM 999009999 1 MONICA A VERA CPA P01456278 5203214600 2023-08-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z W LOWELL PUTNAM 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 8293336 0 X N/A X 1916 AZ A TRUST ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY. 1 0 0 0 0 0 3500000 419544 0 0 2116982 542530 33 1252 5617015 963326 0 0 0 0 0 0 0 0 0 72074 93730 72074 93730 5544941 869596 33671520 32234175 0 1515424 33671520 30718751 A TRUST ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY. 0 0 THE TRUST WAS ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY TO PROVIDE FUNDING TO CONDUCT ASTRONOMICAL RESEARCH AND SPONSOR EDUCATIONAL PROGRAMS RELATED TO ASTRONOMY. 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 X X ANNE LABRUZZO 9282333239 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 PUTNAM W LOWELL TRUSTEE 2.00 32.00 X X 0 6 12486 LABRUZZO ANNE CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 156024 21843 0 156030 34329 0 0 1 0 0 419544 179253 419544 383294 383294 7489246 7330010 159236 159236 159236 MISCELLANEOUS 900099 1252 1252 1252 963326 1252 0 542530 11100 11100 66479 66479 12121 12121 3082 3082 LICENSES AND FEES 948 948 93730 0 93730 0 572246 976165 2900000 0 18146808 17715590 12052466 13542420 33671520 32234175 0 8578 0 1506846 0 1515424 X 2900000 -1515425 30771520 32234176 33671520 30718751 33671520 32234175 869596 -3822365 0 X 0 1 X 1 0 X X 1 LOWELL OBSERVATORY 860098918 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33671520 419544 -3278583 93731 30718750 27582910 3500000 2660684 72074 33671520 25084617 2572641 74348 27582910 21493670 644390 3026659 80102 25084617 28452867 -1462158 5400000 97039 21493670 0.00000 0.00000 1.00000 0 0 0 LOAN RECEIVABLE - LOWELL OBSERVATORY 13542420 13542420 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR SUPPORT OF LOWELL OBSERVATORY AND FOR REINVESTMENT. PART X, LINE 2: THE FOLLOWING DISCLOSURE IS RELATED TO THE COMBINED FINANCIAL STATEMENTS OF THE LOWELL OBSERVATORY, TRUST U/W OF PERCIVAL LOWELL, AND THE LOWELL OBSERVATORY FOUNDATION: THE OBSERVATORY, THE FOUNDATION, AND THE TRUST ARE EXEMPT FROM INCOME TAXES UNDER BOTH INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND ARIZONA INCOME TAX LAWS. THE OBSERVATORY IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(1). THE FOUNDATION AND THE TRUST ARE EACH CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER IRC SECTION 509(A)(3) AS A SUPPORTING ORGANIZATION OF THE OBSERVATORY. INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, HOWEVER, MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME (UBTI). FROM TIME TO TIME, THE ORGANIZATION MAY BE SUBJECT TO PENALTIES AND INTEREST ASSESSED BY VARIOUS TAXING AUTHORITIES, WHICH ARE CLASSIFIED AS GENERAL AND ADMINISTRATIVE EXPENSES IF THEY OCCUR. SCHEDULE D, PART V, LINE 1C, COLUMN A CALCULATION OF CURRENT YEAR INVESTMENT GAINS/(LOSSES): NET UNREALIZED LOSSES: -3,822,365 NET REALIZED GAINS: 159,236 INTEREST INCOME: 7,148 DIVIDEND INCOME: 376,146 MISCELLANEOUS INCOME: 1,252 NET INVESTMENT LOSS: -3,278,583 0 0 0 0 0 0 0 0 0 LABRUZZO ANNE CHIEF FINANCIAL OFFICER 0 156024 0 0 0 0 0 8200 0 13643 0 177867 0 0 X 2 179253 TRANSACTION VALUE 0 0 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF INSTANCES THAT A DONATION OCCURRED. PART I, LINE 32B: PUBLICLY TRADED SECURITIES ARE DEPOSITED INTO AN INVESTMENT ACCOUNT OWNED BY THE OBSERVATORY. THE SECURITIES ARE SOLD BY A BROKER SHORTLY AFTER. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE TRUSTEE IS RESPONSIBLE FOR NAMING THE SUCCESSOR TRUSTEE. FORM 990, PART VI, SECTION A, LINE 8A THE SOLE TRUSTEE WILL RECORD ACTIONS UNDERTAKEN FROM TIME TO TIME AS NEEDED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE SOLE TRUSTEE/GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 DRAFT WILL BE FIRST REVIEWED BY THE CHIEF FINANCIAL OFFICER (CFO) FOR THE OBSERVATORY FOR ACCURACY. ONCE IT HAS BEEN DEEMED ACCURATE BY THE CFO, IT WILL BE FORWARDED TO THE SOLE TRUSTEE AND AUDIT COMMITTEE FOR THEIR REVIEW AND COMMENTS. AFTER ANY QUESTIONS AND COMMENTS HAVE BEEN ADDRESSED, THE 990 WILL BE APPROVED AND A FINAL COPY WILL BE SIGNED BY THE SOLE TRUSTEE. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST IS GOVERNED BY THE WILL OF PERCIVAL LOWELL AND EXISTS EXCLUSIVELY FOR THE BENEFIT OF LOWELL OBSERVATORY. WHEN REQUESTED, DOCUMENTS REGARDING THE TRUST ARE PROVIDED BY THE LOWELL OBSERVATORY BUSINESS OFFICE. THE 990 IS ALSO AVAILABLE ON CHARITY NAVIGATOR AND GUIDESTAR. LOWELL OBSERVATORY 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 860098918 ASTRONOMICAL RESEARCH AND EDUCATION AZ 501(C)(3) LINE 7 TRUST UW OF PERCIVAL LOWELL 1 LOWELL OBSERVATORY FOUNDATION 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 472052113 FOUNDATION F/B/O LOWELL OBSERVATORY AZ 501(C)(3) LINE 12B, II N/A 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 LOWELL OBSERVATORY D 13542420 END OF YEAR BALANCE