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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
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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 $8,510.

25th percentile
$3k
Median
$8,510
75th percentile
$28k
90th percentile
$76k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,067 organizations across 4,067 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.