//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Karen And Herbert Lotman Foundation is a private corporation based in BRYN MAWR, PA. The foundation received its IRS ruling in 1983. It holds total assets of $1.5M. Annual income is reported at $154K. Total assets have decreased from $7.1M in 2010 to $1.5M in 2022. The foundation is governed by 4 officers and trustees. Direct contributions to qualified charities (see schedule). Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Pennsylvania and California. According to available records, Karen And Herbert Lotman Foundation has made 35 grants totaling $2.8M, with a median grant of $11K. Annual giving has grown from $238K in 2020 to $380K in 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 16 grants. Individual grants have ranged from $500 to $775K, with an average award of $79K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, Illinois, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$22K
Largest Grant
$100K
Based on 11 grants from the most recent 990-PF filing.
Direct contributions to qualified charities (see schedule)
Direct contributions to qualified charities (see schedule). Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in PA, NY, IL.
Karen And Herbert Lotman Foundation has distributed a total of $2.8M across 35 grants. The median grant size is $11K, with an average of $79K. Individual grants have ranged from $500 to $775K.
The application deadline is AUGUST 31ST OF EACH YEAR.
Karen And Herbert Lotman Foundation is headquartered in BRYN MAWR, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffery Lotman | TREASURER | $0 | $0 | N/A |
| Shelly Lotman Fisher | SECRETARY | $0 | $0 | N/A |
| Karen Lotman | PRESIDENT | $0 | $0 | N/A |
| George Ginader | ASSIST. SEC. | $0 | $0 | N/A |
Total Giving
$385K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$380K
Contributions
N/A
Net Investment Income
$44K
Distribution Amount
$80K
Total Grants
35
Total Giving
$2.8M
Average Grant
$79K
Median Grant
$11K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Philadelphia FoundationCONTRIBUTION | Philadelphia, PA | $140K | 2023 |
| JdrfCONTRIBUTION | King Of Prussia, PA | $188K | 2023 |
| Main Line Art CenterCONTRIBUTION | Haverford, PA | $20K | 2023 |
| Philly Service AwardsCONTRIBUTION | Bryn Mawr, PA | $15K | 2023 |
| National Ms SocietyCONTRIBUTION | Maple Glen, PA | $5K | 2023 |
| St Mark'S ChurchCONTRIBUTION | Philadelphia, PA | $5K | 2023 |
| Main Line Heart CenterCONTRIBUTION | Wynnewood, PA | $5K | 2023 |
| SayCONTRIBUTION | New York, NY | $3K | 2023 |
| RmhcCONTRIBUTION | Philadelphia, PA | $775K | 2022 |
| The Philadelphia FoundationCONTRIBUTION | Philadelphia, PA | $50K | 2020 |
| Frog Commisary - Rmh DinnerCONTRIBUTION | Philadelphia, PA | $27K | 2020 |
| Rmhc IncCONTRIBUTION | Chicago, IL | $20K | 2020 |
| Infinity Caterers - Rmh TurkeysCONTRIBUTION | Philadelphia, PA | $6K | 2020 |
| Archer School For GirlsCONTRIBUTION | Los Angeles, CA | $3K | 2020 |
| Crossroads SchoolCONTRIBUTION | Santa Monica, CA | $1K | 2020 |