Public Charity

THE LOTOS FOUNDATION INC

THE LOTOS FOUNDATION INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $323K in revenue, $218K in expenses, $1.2M in total assets. 17 publicly reported grants to this organization, totaling roughly $220K, appear in IRS filings.

EIN: 311706276 NEW YORK, NY Historical Organizations NTEE: A80 Latest filing: 2025
Total Revenue$323K
Total Expenses$218K
Total Assets$1.2M
Grant Records17
Funding Total$220K
Filing Years2021–2025

Mission

SEE SCHEDULE O.THE LOTOS FOUNDATION, INC. (THE "FOUNDATION") IS A PUBLIC CHARITY ORGANIZATION THAT WAS INCORPORATED IN 1999 IN THE STATE OF NEW YORK. THE PURPOSE OF THE FOUNDATION IS TO PROMOTE AND DEVELOP LITERATURE, ART, SCULPTURE, MUSIC, ARCHITECTURE, JOURNALISM, DRAMA, SCIENCE AND THE LEARNED PROFESSIONS, ENCOURAGING AUTHORS, STUDENTS OF THE MUSICAL, DRAMATIC AND LEARNED PROFESSIONS IN THEIR WORK, GRANTING SCHOLARSHIPS, AND THROUGH OTHER MEANS AS MAY BE DETERMINED FROM TIME TO TIME, MAINTAINING ARCHIVES AND ANY SIMILAR RESOURCES, AS WELL AS ENGAGING IN OTHER WORTHWHILE ACTIVITIES THAT MAY BE DETERMINED FROM TIME TO TIME. AMONG THE FOUNDATION'S CHARITABLE MISSIONS AND TAX-EXEMPT PURPOSES IS THE PRESERVATION AND MAINTENANCE OF THE ARCHITECTURAL INTEGRITY AND DESIGN OF THE PUBLICLY VISIBLE FACADE OF THE LANDMARKED BUILDING LOCATED AT FIVE EAST SIXTY-SIXTH STREET.

Where $100 goes at The Lotos Foundation Inc

How The Lotos Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$13 Management running the organization
$3 Fundraising raising the next dollar

Inside the $84 for programs

$55
Grant scholarships to promote and develop literature, art, sculpture, music, architecture, journalism, drama and science to students
66% of program spending
$29
The preservation and maintenance of the architectural integrity and design of the publicly visible facade of the landmarked building located at five east sixty-sixth street
34% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Amanda Allen Mcgowan
TREASURER Bruce E Baldinger
BOARD MEMBER James J Fishman
BOARD MEMBER Mark L Lampl
BOARD MEMBER Mary A Susnjara
BOARD MEMBER Max W Schapiro

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$146,320 10 grants
Arts & Culture
$74,100 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $323K $218K $1.2M
2024 $403K $177K $1.1M
2023 $203K $157K $867K
2022 $233K $170K $787K
2021 $251K $279K $1.0M

Between 2021 and 2025, reported annual revenue grew from $251K to $323K (+29%), with total assets most recently reported at $1.2M.

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

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