Elaine and Jeffrey Lovell Foundation
Elaine and Jeffrey Lovell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 28 grants totaling $350K. Net investment income was $1.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
+37.8% YoY
Annual Giving
$350K
+40.6% YoY
Grant Count
28
+33.3% YoY
Avg Grant Size
$13K
+5.4% YoY
Under IRS private-foundation payout rules, Elaine and Jeffrey Lovell Foundation reported a distributable amount of $236K for 2024 — the minimum it must pay out in qualifying distributions.
About Elaine and Jeffrey Lovell Foundation
Based on IRS filings
Elaine and Jeffrey Lovell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 28 grants totaling $350K. Net investment income was $1.5M.
Focus Areas
Ready to take the next step with Elaine and Jeffrey Lovell Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,984,175 | $4,341,350 | $4,092,584 |
| Revenue | $2,068,548 | $565,212 | $-1,409,456 |
| Expenses | $425,723 | $316,446 | $240,740 |
| Qualifying Distributions | $373,303 | $271,810 | $190,388 |
| Net Investment Income | $1,530,034 | $479,276 | $677,943 |
| Distributable Amount | $236,314 | $199,518 | $202,700 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 5430 Foundation ($100,000), University of Colorado Foundation ($100,000), Vail Health Services Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 5430 FOUNDATION VAN NUYS, CA | General & Unrestricted | $100,000 |
| BEAVER CREEK CHAPEL ENDOWMENT FOUNDATION EAGLE, CO | General & Unrestricted | $1,000 |
| BUCKNELL UNIVERSITY LEWISBURG, PA | Men's Water Polo Program | $1,000 |
| FIRST LIBERTY INSTITUTE PLANO, TX | General & Unrestricted | $10,000 |
| FOLDS OF HONOR FOUNDATION TULSA, OK | General & Unrestricted | $5,000 |
| INDIAN RIVER HOSPITAL FOUNDATION INC VERO BEACH, FL | General & Unrestricted | $10,000 |
| JOHN'S ISLAND FOUNDATION INC INDIAN RIVER SHORES, FL | General & Unrestricted | $1,000 |
| JOHNS ISLAND COMMUNITY SERVICE LEAGUE VERO BEACH, FL | General & Unrestricted | $6,000 |
| LIFE TRAINING INSTITUTE NEWNAN, GA | General & Unrestricted | $2,500 |
| PATH VALLEY HISTORICAL SOCIETY INCORPORATED SPRING RUN, PA | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elaine W Lovell | Sec, VP | 1 | — |
| Jeffrey D Lovell | Dir, Pres, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Elaine and Jeffrey Lovell Foundation?
Elaine and Jeffrey Lovell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $6.0M in total assets as of 2024.
How large is Elaine and Jeffrey Lovell Foundation?
As of 2024, Elaine and Jeffrey Lovell Foundation holds $6.0M in total assets with $2.1M in annual revenue. It awarded 28 grants totaling $350K in 2024.
Where does Elaine and Jeffrey Lovell Foundation operate?
Elaine and Jeffrey Lovell Foundation has awarded grants in California, Colorado, Florida, Georgia, Iowa, North Carolina, New York, Oklahoma, Pennsylvania, Texas, Virginia.
What size grants does Elaine and Jeffrey Lovell Foundation award?
In 2024, Elaine and Jeffrey Lovell Foundation awarded 28 grants totaling $350K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Elaine and Jeffrey Lovell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Elaine and Jeffrey Lovell Foundation reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Elaine and Jeffrey Lovell Foundation's EIN?
Elaine and Jeffrey Lovell Foundation's EIN (Employer Identification Number) is 87-3947251. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Elaine and Jeffrey Lovell Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Elaine and Jeffrey Lovell Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Elaine and Jeffrey Lovell Foundation to a real strategy.