Karen And Herbert Lotman Foundation
- Assets
- $0.0
- Revenue
- $145.7k
- Investments
- $3.0m
- Employees
- 0
- Location
- West Conshohocken, PA
- Founding
- 10/1983
- Data as of
- 11/2020
- EIN
- 22-2429821
Organization Overview
Karen And Herbert Lotman Foundation is located in West Conshohocken, PA. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karen And Herbert Lotman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2020, Karen And Herbert Lotman Foundation generated $145.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $244.0k during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karen And Herbert Lotman Foundation has awarded 27 individual grants totaling $1,901,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CONTRIBUTIONS TO QUALIFIED CHARITIES (SEE SCHEDULE)
DIRECT CONTRIBUTIONS TO QUALIFIED CHARITIES (SEE SCHEDULE)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Ginader Ass't Secret | 0 | $0 | |
Jeffrey Lotman Treasurer | 0 | $0 | |
Shelly Lotman Fisher Secretary | 0 | $0 | |
Kearen Lotman President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $571 |
| Dividends & Interest | $64,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $7 |
| Total Revenue | $145,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $6,221 |
| Contributions, gifts, grants paid | $237,825 |
| Total expenses and disbursements | $244,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karen And Herbert Lotman Foundation has awarded $475,650 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
JDRF PURPOSE: CONTRIBUTION | $100,000 |
JDRF PURPOSE: CONTRIBUTION | $100,000 |
Philadelphia, PA PURPOSE: CONTRIBUTION | $50,000 |
Philadelphia, PA PURPOSE: CONTRIBUTION | $50,000 |
FROG COMMISARY - RMH DINNER PURPOSE: CONTRIBUTION | $27,050 |
FROG COMMISARY - RMH DINNER PURPOSE: CONTRIBUTION | $27,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |