2025-08-21T14:20:25-05:00 2024-12-31 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2024-01-01 042007327 PERCIVAL LOWELL TRUST UW PERC 9287743358 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 W LOWELL PUTNAM TRUSTEE 9287743358 2025-08-13 1 1 MONICA A VERA CPA P01456278 5203214600 2025-08-13 2024 2025-03-06 01:10:19Z W LOWELL PUTNAM 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 13676658 0 X N/A X 1916 AZ A TRUST ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY. 1 0 0 0 0 0 178767 0 0 0 587585 2771923 0 1141 766352 2773064 166638 282184 0 0 0 0 0 0 0 283361 530230 449999 812414 316353 1960650 37590223 41767382 4228410 6864431 33361813 34902951 A TRUST ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY. 0 0 514228 282184 THE TRUST WAS ESTABLISHED FOR THE BENEFIT OF LOWELL OBSERVATORY TO PROVIDE FUNDING TO CONDUCT ASTRONOMICAL RESEARCH AND SPONSOR EDUCATIONAL PROGRAMS RELATED TO ASTRONOMY. 514228 1 0 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 1 0 1 0 0 0 0 0 0 0 0 0 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 18678 LABRUZZO ANNE CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 176555 22166 0 176561 40844 0 0 1 0 0 361599 361599 13313918 10903594 2410324 2410324 2410324 MISCELLANEOUS REVENUE 900099 1141 1141 1141 2773064 1141 0 2771923 282184 282184 8600 8600 57287 57287 464087 232044 232043 LICENSES AND FEES 256 256 812414 514228 298186 0 489166 1426962 18913659 14399480 18187398 25940940 37590223 41767382 40042 36063 4188368 6828368 4228410 6864431 X 15226679 31973780 18135134 2929171 33361813 34902951 37590223 41767382 1960650 -419512 0 X 0 1 X 1 0 X X 1 LOWELL OBSERVATORY 860098918 7 1 282184 0 1 282184 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33361813 2353552 282184 530230 34902951 30718750 178767 2914295 166637 283362 33361813 33671520 419544 -3278583 93731 30718750 27582910 3500000 2660684 72074 33671520 25084617 2572641 74348 27582910 0.91610 0.00000 0.08390 0 0 0 LOAN RECEIVABLE - LOWELL OBSERVATORY 25940940 25940940 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 LOSS: (419,681) NET REALIZED GAINS: 2,410,324 INTEREST INCOME: 44,308 DIVIDEND INCOME: 317,291 NET INVESTMENT GAIN: 2,353,552 0 LOWELL OBSERVATORY 1400 W MARS HILL ROAD FLAGSTAFF AZ 86001 860098918 501(C)(3) 282184 0 OPERATIONAL SUPPORT 1 0 PART I, LINE 2: THE TRUST EXISTS WITH THE SOLE PURPOSE OF SUPPORTING LOWELL OBSERVATORY, THEREFORE SELECTION CRITERIA AND ELEGIBILITY REQUIREMENTS ARE NOT APPLICABLE. SUBSTANTIATION FOR THE AMOUNTS OF GRANTS ARE KEPT WITHIN LOWELL'S INTERNAL ACCOUNTING DEPARTMENT. 0 0 0 0 0 0 0 0 0 LABRUZZO ANNE CHIEF FINANCIAL OFFICER 0 176555 0 0 0 0 0 8977 0 13189 0 198721 0 0 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 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 LOWELL OBSERVATORY D 25940940 END OF YEAR BALANCE LOWELL OBSERVATORY B 282184 CASH TRANSFERRED