THE LOWELL OBSERVATORY FOUNDATION (LOF) ACCEPTS GIFTS FOR ENDOWED FUNDS AND MANAGES THE FUNDS FOR THE SUPPORT OF THE OBSERVATORY'S GENERAL OPERATIONS AND THE GROWTH OF THE ENDOWED FUNDS. IN 2022, THE FOUNDATION RECEIVED SEVERAL SIGNIFICANT GIFTS. THESE INCLUDE $100,000 TO SUPPLEMENT THE GODO ENDOWED FUND AND A GIFT TO CREATE THE PERCIVAL LOWELL POSTDOCTORAL FELLOWSHIP FUND. WE ALSO RECEIVED AN ESTATE PLEDGE THAT CREATED THE WILLIAM G. TIFFT ENDOWED FUND FOR EXTRAGALACTIC AND COSMOLOGICAL RESEARCH. THE FUNDS WILL BE DELIVERED IN 2023. WHILE MARKET TRENDS DROVE THE LOF'S ENDOWMENT CORPUS VALUES DOWN IN 2022, $550,000 IN NEW GIFTS AND PLEDGE PAYMENTS HELPED TO OFFSET THE DOWNTURN.
