Public Charity

LOTUS ENDOWMENT FUND INC

Based in MIAMI BEACH, FL, LOTUS ENDOWMENT FUND INC operates as a Public Charity. The organization reported $4.2M in revenue, $1.9M in expenses, $107.4M in total assets for fiscal year 2024. Imperigo tracks 39 reported grant relationships connected to this organization totaling approximately $6.8M.

EIN: 920233563 MIAMI BEACH, FL Single Organization Support NTEE: L11 Latest filing: 2024
Total Revenue$4.2M
Total Expenses$1.9M
Total Assets$107.4M
Grant Records39
Funding Total$6.8M
Filing Years2019–2024

Mission

THE LOTUS ENDOWMENT FUND, INC. IS A 501(C)(3) SUPPORTING FOUNDATION FOR THE SUNDARI FOUNDATION, INC. AND ITS INITIATIVES, INCLUDING THE LOTUS HOUSE WOMEN'S SHELTER. THE ENDOWMENT FUND WAS FORMED TO SECURE THE FINANCIAL STABILITY AND LONG-TERM VIABILITY OF THE SUNDARI FOUNDATION, SO THE LOTUS HOUSE WILL SERVE AS A RESOURCE FOR WOMEN, CHILDREN AND YOUTH IN NEED FOR GENERATIONS TO COME. PART III, LINE 1 LOTUS ENDOWMENT FUND, INC. OWNS THE FACILITIES LOCATED AT 2040 NW 7TH AVE, MIAMI, FL 33127 AND 420 NW 35TH STREET, MIAMI, FL 33127 AND LEASES SUCH FACILITIES TO THE SUNDARI FOUNDATION, INC. PURSUANT TO A 50 YEAR LEASE AT AN ANNUAL RENT OF 1 PER YEAR. FOR 2024, THE ANNUAL RENTAL VALUE OF SUCH FACILITIES WAS APPROXIMATELY 219,000. LOTUS VILLAGE II, LLC, A WHOLLY OWNED SUBSIDIARY OF LOTUS ENDOWMENT FUND, INC., OWNS THE VACANT LAND LOCATED AT 219 NW 14TH TERRACE, MIAMI FLORIDA AND LEASES SUCH LAND TO THE SUNDARI FOUNDATION, INC. THERE IS NO RENT OR VALUE ATTRIBUTED TO SUCH LEASED LAND. IT IS P

Where $100 goes at Lotus Endowment Fund Inc

How Lotus Endowment Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$13 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $87 for programs

$87
The Lotus Endowment Fund, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Angela Whitman
DIRECTOR Anita Broad
PRESIDENT & Constance Collins
DIRECTOR Debra Wechsler
VP & DIRECTO John Sumberg
SECTY, TREAS Julie Lotspeich

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$4,090,025 11 grants
General Support
$2,047,954 24 grants
Housing & Homelessness
$500,000 2 grants
Health & Medicine
$25,000 1 grant
Unspecified
$150,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.2M $1.9M $107.4M
2023 $13.2M $2.1M $101.7M
2022 $9.2M $1.8M $68.8M
2020 $1.9M $1.6M $43.2M
2019 $1.1M $1.8M $42.2M

Between 2019 and 2024, reported annual revenue grew from $1.1M to $4.2M (+290%), with total assets most recently reported at $107.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LOTUS ENDOWMENT FUND INC

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