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Filing year 2023

THE KAREN AND HERBERT LOTMAN FOUNDATION

Bryn Mawr, Pennsylvania·EIN 22-2429821·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$150k
Total assets
$1.5M
Total expenses
$292k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2023. THE KAREN AND HERBERT LOTMAN FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Ass't Secret

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$290k

Itemized grants

12

Median grant

$12k

RecipientLocationPurposeAmount
THE PHILLY SEREVICEAWARDSBRUN MAWR, PACONTRIBUTION$65k
JDRFPHILADELPHIA, PACONTRIBUTION$60k
THE PHILADELPHIA FOUNDATIONPHILADELPHIA, PACONTRIBUTION$50k
PHILADELPHIA RONALD MCDONALD HOUSEPHILADELPHIA, PACONTRIBUTION$50k
MAIN LINE ART CENTERHAVERFORD, PACONTRIBUTION$20k
CATERING BY DESIGNPHILADELPHIA, PACONTRIBUTION$13k
SAY THE STUTTERING ASSOC FOR THE YOUNGNEW YORK, NYCONTRIBUTION$10k
WILD PROJECT PRODUCTIONNEW YORK, NYCONTRIBUTION$10k
ST MARK'S CHIRCHPHILADELPHIA, PACONTRIBUTION$5k
MAIN LINE HEART CENTERWYNNEWOOD, PACONTRIBUTION$5k
THE BARNES FOUNDATIONPHILADELPHIA, PACONTRIBUTION$1k
METROPOLITAN OPERANEW YORK, NYCONTRIBUTION$250
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE KAREN AND HERBERT LOTMAN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$160k
$385k
2022
$150k
$292k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Pennsylvania

THE KAREN AND HERBERT LOTMAN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Pennsylvania earns a median of $8,508.

25th percentile
$3k
Median
$8,508
75th percentile
$28k
90th percentile
$76k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,068 organizations across 4,068 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Pennsylvania
FAQ

Common questions about THE KAREN AND HERBERT LOTMAN FOUNDATION

What are THE KAREN AND HERBERT LOTMAN FOUNDATION's revenue and expenses?

In 2023, THE KAREN AND HERBERT LOTMAN FOUNDATION reported $150k in total revenue and $292k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.