NOTICE FOR 2011 DISCRETIONARY GRANTS

The Foundation will be accepting applications through June 1 for discretionary grants to be made in 2011. The Foundation estimates that approximately $1.492 million will be available for distribution to charitable beneficiaries during 2011. Forty percent (40%) of the amount to be distributed, approximately $597,000, 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 2011:
Grant Type No. Of Grants Amount of Each Grant
First Tier 2 $100,000
Second Tier 4 $50,000
Third Tier 10 $19,707
The exact amount available for distribution in 2011 will be determined after the Foundation's audited financial statements for the year ended December 31, 2010, 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 3:00 p.m. Monday, Tuesday and Thursday.

Jane K. Lowe Foundation Announces 2011 Grant Amounts

In 2011, 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 $500,212.65
Randolph School 71,458.95
Vanderbilt University 71,458.95
Agnes Scott College 71,458.95
Girls Incorporated 71,458.95
Huntsville Boys Club 71,458.95
For 2011, the Jane K. Lowe Charitable Foundation received 93 formal requests for discretionary grants. The total amount available for discretionary grants was $571,671.60, and the total amount requested was in excess of $4.8 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 2011.

Based upon a consideration of the grant applications, the Trustees have decided to award the following discretionary grants for 2011 (a more detailed description of the grant awards is attached):

First Tier  
$100,000 Habitat for Humanity
$100,000

Burritt Museum Association, Inc.

 
Second Tier  
$50,000 Huntsville Museum of Art
$50,000 Arthritis Foundation, Inc.
$50,000 Leadership Huntsville-Madison County
$50,000 University of Alabama in Huntsville
 
Third Tier  
$17,167.16 Merrimack Academy for the Performing Arts, Inc.
$17,167.16 The Arts Council, Inc.
$17,167.16 Alabama Mountains, Rivers and Valleys Resource
Conservation and Development Council, Inc.
$17,167.16 Huntsville Chamber Music Guild
$17,167.16 Huntsville Literary Association
$17,167.16 First Stop, Inc.
$17,167.16 Independent Musical Productions, Inc.
$17,167.16 Therapy Partners, Inc.
$17,167.16 The Community Mediation Foundation
$17,167.16 The Salvation Army



Those organizations which were not awarded a grant for 2011 are encouraged to submit a request for discretionary grants to be awarded in 2012. 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 and Thursday
9:00 a.m. - 3:00 p.m.
(256) 536-1231.