NOTICE FOR 2017 DISCRETIONARY GRANTS

The Foundation will be accepting applications through June 1 for discretionary grants to be made in 2017. The Foundation estimates that approximately $1.537 million will be available for distribution to charitable beneficiaries during 2017. Forty percent (40%) of the amount to be distributed, approximately $615,080, will be distributed to charitable organizations selected by the Trustees in accordance with grant procedures adopted by the Foundation.

The Trustees estimate that the following amounts will be available for distribution in 2017:

Grant Type No. Of Grants Amount of Each Grant
First Tier 2 $100,000
Second Tier 5 $50,000
Third Tier 10 $17,248
The exact amount available for distribution in 2017 will be determined after the Foundation's audited financial statements for the year ended December 31, 2016, are prepared.

If you have any questions regarding the grant procedures or any other matters, please contact the Foundation office which is staffed from 9:00 a.m. until 12:30 p.m. Monday, Tuesday, Wednesday and Thursday.

Jane K. Lowe Foundation Announces 2017 Grant Amounts

In 2017, the Trustees of the Foundation made a distribution to the named beneficiaries of the Foundation, as follows:
Named Beneficiaries Distribution
 
The University of Alabama in Birmingham $531,954.16
Randolph School 75,993.45
Vanderbilt University 75,993.45
Agnes Scott College 75,993.45
Girls Incorporated 75,993.45
Huntsville Boys Club 75,993.45
For 2017, the Jane K. Lowe Charitable Foundation received 112 formal requests for discretionary grants. The total amount available for discretionary grants was $607,947.00, and the total amount requested was in excess of $5.268 million. All of the grant applications were for beneficial projects and programs making the selection of recipients difficult. The Trustees appreciate the interest shown by the charitable organizations that submitted grant applications. A total of 16 grants were awarded for the year 2017.

Based upon a consideration of the grant applications, the Trustees have decided to award the following discretionary grants for 2017 (a more detailed description of the grant awards is attached):

First Tier  
$100,000 Huntsville Hospital Foundation
$100,000

Huntsville Museum of Art

 
Second Tier  
$50,000 Village of Promise
$50,000 Merrimack Academy for the Performing Arts
$50,000 Second Mile
$50,000 University of Alabama in Huntsville
 
Third Tier  
$20,794.76 New Hope Children's Clinic
$20,794.76 Salvation Army
$20,794.76 Alabama Wildlife Federation
$20,794.76 Huntsville Symphony Orchestra
$20,794.76 Huntsville Chamber Music Guild
$20,794.76 Christian Women's Job Corp.
$20,794.76 Greater Huntsville Humane Society
$20,794.76 Big Brothers Big Sisters
$20,794.76 Community Free Clinic
$20,794.76 Global Ties Alabama



Those organizations which were not awarded a grant for 2017 are encouraged to submit a request for discretionary grants to be awarded in 2018. The fact that an organization's grant request was not acted upon favorably should not influence the decision to request a future grant.

Questions and inquiries regarding the grant procedures or any other matters should be made to the Foundation office:

Monday, Tuesday, Wednesday and Thursday
9:00 a.m. - 12:30 p.m.
(256) 536-1231.