Lotz Family Foundation
- Assets
- $623.6k
- Revenue
- $57.3k
- Investments
- $607.8k
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-1590575
Organization Overview
Lotz Family Foundation is located in Fort Lauderdale, FL. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lotz Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lotz Family Foundation generated $57.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.6%) each year. All expenses for the organization totaled $160.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lotz Family Foundation has awarded 30 individual grants totaling $203,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip A Lotz Trustee | 1 | $0 | |
Wendy D Lotz Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $19,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,749 |
| Capital Gain Net Income | $37,749 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,439 |
| Total operating and administrative expenses | $12,414 |
| Contributions, gifts, grants paid | $147,700 |
| Total expenses and disbursements | $160,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,601 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $523,373 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $139 |
| Total assets | $623,563 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lotz Family Foundation has awarded $147,700 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: TO IMPROVE THE QUALITY OF COMPETITIVE SAILING IN THE UNITED STATES THROUGH YOUTH DEVELOPMENT | $50,000 |
Newport, RI PURPOSE: TO PROMOTE AND OPERATE AFFORDABLE PUBLIC SAILING INSTRUCTION AND RENTAL PROGRAMS, AND TO CREATE OPPORTUNITIES TO ATTRACT NEW INDIVIDUALS TO THE SPORT OF SAILING. | $22,200 |
New York, NY PURPOSE: TO RAISE FUNDS TO MAINTAIN AND PRESERVE THE EXTERIOR AND FUNDAMENTAL INTERIOR SUPPORING STRUCTURES OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS OWNED IN NEW YORK CITY AND NEWPORT RI, TO SUPPORT HISTORICAL PRESERVATION IN THE AREAS IN WHICH THESE PROPERTIES ARE LOCATED, AND TO FOSTER APPRECIATION FOR THE WORKS OF THE ARCHITECTS. | $20,000 |
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PURPOSE: TO FUND HIGHER EDUCATION PROGRAMS | $15,000 |
Middletown, RI PURPOSE: TO PRESERVE AND STEWARD THE AQUIDNECK ISLAND'S OPEN SPACES FOR LASTING BENEFIT OF THE COMMUNITY WHILE CONNECTING WITH THE LAND THAT DEFINES THE ISLAND'S NATURAL CHARACTER. | $10,000 |
Newport, RI PURPOSE: TO PROVIDE HEALTHCARE AND SERVICES TO THE PUBLIC | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |