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Lgt Foundation is a private corporation based in LAKE SUCCESS, NY. The foundation received its IRS ruling in 1991. The principal officer is Sosin Kriegel. It holds total assets of $8.4M. Annual income is reported at $4.1M. Total assets have grown from $5.5M in 2010 to $8M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in New York. According to available records, Lgt Foundation has made 41 grants totaling $2.6M, with a median grant of $16K. Annual giving has decreased from $1.7M in 2022 to $672K in 2024. Individual grants have ranged from $5K to $1.1M, with an average award of $64K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Wisconsin, New York, Arkansas, which account for 54% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$72K
Largest Grant
$1.1M
Based on 23 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lgt Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in WI, NY, AR.
Lgt Foundation has distributed a total of $2.6M across 41 grants. The median grant size is $16K, with an average of $64K. Individual grants have ranged from $5K to $1.1M.
Lgt Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lgt Foundation is headquartered in LAKE SUCCESS, NY. While based in NY, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathleen Mangan | Exec Dir/Secy | $121K | $20K | $141K |
| Janice Gordon | President | $0 | $0 | N/A |
| Ellyn A Sosin | TREASURER | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$8M
Fair Market Value
$12.3M
Net Worth
$8M
Grants Paid
$672K
Contributions
N/A
Net Investment Income
$681K
Distribution Amount
$444K
Total: $5.4M
Total Grants
41
Total Giving
$2.6M
Average Grant
$64K
Median Grant
$16K
Unique Recipients
31
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Waterfall ArtsIn support of th Belfast Area High School Glassblowing Elective at Waterfall Arts | Belfast, ME | $10K | 2022 |
| The Metropolitan Museum Of ArtContribution to "The Met" of the value of "The Bride",Linen,Feathers,Wood,1962 by Lenore Tawney in a bargain sale entered into on 1/4/24,where the contributed portion of the FMV for the item exceeds $150,000, the amount paid by "The Met". | New York, NY | $200K | 2024 |
| Madison Square Park ConservancyFor MSPC's 20th Anniversary Art Program. | New York, NY | $60K | 2024 |
| Rhode Island School Of Designto fund an endowment in perpetuity for the purpose of providing student financial aid/tuition assistance in the form of a merit based scholarship. | Providence, RI | $50K | 2024 |
| Cranbrook Academy Of ArtEstablishment of new endowed scholarship fund | Bloomfield Hills, MI | $50K | 2024 |
| Maryland Institute College Of ArtAddition to existing scholarship endowment for the purpose of providing student financial aid/tutiion assistance in the form of a merit scholarship. | Baltimore, MD | $50K | 2024 |
| School Of The Art Institute Of ChicagoTo further fund endowment to be held in perpetuity. | Chicago, IL | $25K | 2024 |
| Smithsonian American Art MuseumProvided for Subversive, Skilled, Sublime: Fiber Art by Women. | Washington, DC | $20K | 2024 |
| Arttable IncIn support of ArtTable's Summer Fellowship in the Visual Arts Profession program. | New York, NY | $12K | 2024 |
| Aspen InstituteIn Support of the 2024 DEAI Leadership Annual Appeal for the AEF Consortium Advancing Next-Gen BIPOC Leaders of the Visual Arts. | Washington, DC | $5K | 2024 |
| Bard Graduate CenterFor the purpose of providing student financial aid/tuition assistance in the form of a scholarship to one or more students at BGC. | New York, NY | $115K | 2023 |
| John Michael Kohler Arts CenterTo support reprinting the monograph, Lenore Tawney: "Mirror of the UniverseX and support the Fellowship to enable JMKAC to fund two fellows in 2023 and two fellows in 2025. | Sheboygan, WI | $60K | 2023 |
| Isami Noguchi Foundation Garden MusIn support of Toshiko Takaezu(exhibition and monograph). | Long Island City, NY | $50K | 2023 |
| Cooper Hewitt Design MuseumIn support of Design, Texture, Color: Dorothy Liebes and the Textiles of American Modernism | New York, NY | $25K | 2023 |
| Aldrich Contemp Art MuseumIn support of the catalogue to be published in conjuction with the Museum's 2023 Hangama Amiri exhibition. | Ridgefield, CT | $10K | 2023 |
| Crystal Bridges3 works of art-Lenore Tawney donated to permanent collection | Bentonville, AR | $275K | 2022 |
| Museum Of Fine Arts - Houston1 work of Art-Lenore Tawney Watercolor & Collage donated to permanent collection | Houston, TX | $75K | 2022 |
| CerfTo be used for emergency relief assistance to artists in need | Montpelier, VT | $35K | 2022 |
| Solomon Rguggenheim Museum FdtnIn support of a site-specific Quipu and exhibition of related works by Cecilia Vicuna at the Guggenheim Museum in 2022 | New York, NY | $20K | 2022 |
| Craft In AmericaIn support of the exhibition: "Building the Essential: Ferne Jacobs" | Los Angeles, CA | $20K | 2022 |
| Fuller Craft MuseumIn support of the 2022 Marilyn Pappas Retrospective Exhibition Catalogue | Brockton, MA | $18K | 2022 |
| Urban GlassIn support of four Studio Residents (Full Resident Cohort) | Brooklyn, NY | $16K | 2022 |
| Socrates Sculpture ParkIn support of a 2022 commissioned artwork by Maren Hassinger | Long Island City, NY | $15K | 2022 |
| Philadelphia Museum Of ArtIn support of the exhibition, "Emma Amos: Color Odyssey" | Philadelphia, PA | $15K | 2022 |
| American Friendsofnat'LmuseumswedenLenore Tawney Collage 1983 - donated to permanent collection | Stockholm | $15K | 2022 |
| Greenwich HouseResidency and Fellowship Program | New York, NY | $14K | 2022 |
| Arkansas Museum Of ArtIn support of a site specific installation by Anne Lindberg in Museum's new galleries | Little Rock, AR | $10K | 2022 |
| Everson MuseumIn support of educational programming accompanying the 2022 Dawn Williams Boyd Solo exhibition | Syracuse, NY | $10K | 2022 |
| Wisconsin Museum Of QuiltsIn support of "Thread Count: Contemporary Fiber Art and Math" | Cedarburg, WI | $5K | 2022 |
| Museum Of Fine Arts -HoustonIn support of "Olga de Amaral: To Weave a Rock" | Houston, TX | $5K | 2022 |
| Fiberarts Guild Of PittsburghIn support of the exhibition catalogue for Fiberart International 2022 | Pittsburgh, PA | $5K | 2022 |