Karen And Herbert Lotman Foundation

Bryn Mawr, PA
Tax-exempt since Oct. 1983
EIN: 22-2429821

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$150k (2024)

Expenses

$292k (2024)

Total Assets

$1.49M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Nov.
2024

Revenue

$150,330

Expenses

$291,502

Net Income

-$141,172

Net Assets

$1,490,487

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$55	0.0%
Dividends	$45,804	30.5%
Sales of Assets	$104,642	69.6%
Other Income	-$171

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$289,986	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,490,487
Total Liabilities	$0
Net Assets	$1,490,487

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secret)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on April 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Nov.
2023

Revenue

$160,390

Expenses

$384,640

Net Income

-$224,250

Net Assets

$1,532,985

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,059	0.7%
Dividends	$44,064	27.5%
Sales of Assets	$115,048	71.7%
Other Income	$219	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$383,202	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,532,985
Total Liabilities	$0
Net Assets	$1,532,985

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Assist. Sec.)	$0	$0
Jeffery Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on March 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Nov.
2022

Revenue

$259,699

Expenses

$1,072,469

Net Income

-$812,770

Net Assets

$1,688,913

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$108	0.0%
Dividends	$50,081	19.3%
Sales of Assets	$209,510	80.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,071,150	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,688,913
Total Liabilities	$0
Net Assets	$1,688,913

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Assist. Sec.)	$0	$0
Jeffery Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on July 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Nov.
2020

Revenue

$145,678

Expenses

$244,046

Net Income

-$98,368

Net Assets

$3,071,847

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$571	0.4%
Dividends	$64,000	43.9%
Sales of Assets	$81,100	55.7%
Other Income	$7	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$241,125	98.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,071,848
Total Liabilities	$1
Net Assets	$3,071,847

Compensation

Key Employees and Officers	Compensation	Other
Kearen Lotman (President)	$0	$0
George Ginader (Ass't Secret)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on Jan. 27, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Nov.
2019

Revenue

$93,843

Expenses

$16,692

Net Income

$77,151

Net Assets

$2,996,081

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6	0.0%
Dividends	$72,236	77.0%
Sales of Assets	$21,601	23.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,950	83.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,996,082
Total Liabilities	$1
Net Assets	$2,996,081

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secr/T)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on Feb. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Nov.
2018

Revenue

$124,129

Expenses

$5,881

Net Income

$118,248

Net Assets

$2,689,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$96	0.1%
Dividends	$65,540	52.8%
Sales of Assets	$58,493	47.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,300	56.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,689,853
Total Liabilities	$0
Net Assets	$2,689,853

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secr/T)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on March 9, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Nov.
2017

Revenue

$65,131

Expenses

$300,842

Net Income

-$235,711

Net Assets

$2,690,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$158	0.2%
Dividends	$62,097	95.3%
Sales of Assets	$2,668	4.1%
Other Income	$208	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$298,400	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,690,801
Total Liabilities	$101
Net Assets	$2,690,700

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secr/T)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on Feb. 3, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Nov.
2016

Revenue

$141,278

Expenses

$370,330

Net Income

-$229,052

Net Assets

$2,620,326

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$920	0.7%
Dividends	$56,090	39.7%
Sales of Assets	$84,268	59.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$367,830	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,620,527
Total Liabilities	$201
Net Assets	$2,620,326

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secr/T)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on Feb. 10, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Nov.
2015

Revenue

$403,758

Expenses

$1,421,360

Net Income

-$1,017,602

Net Assets

$2,905,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$35	0.0%
Dividends	$92,085	22.8%
Sales of Assets	$311,638	77.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,418,615	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,105,436
Total Liabilities	$200,000
Net Assets	$2,905,436

Compensation

Key Employees and Officers	Compensation	Other
Karen Lotman (President)	$0	$0
George Ginader (Ass't Secr/T)	$0	$0
Jeffrey Lotman (Treasurer)	$0	$0
Shelly Lotman Fisher (Secretary)	$0	$0

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990-PF

Filed on Feb. 8, 2016

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Nov.
2014

Revenue

$309,150

Expenses

$1,021,057

Net Income

-$711,907

Net Assets

$4,320,011

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$183	0.1%
Dividends	$124,483	40.3%
Sales of Assets	$184,367	59.6%
Other Income	$117	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,014,899	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,530,011
Total Liabilities	$210,000
Net Assets	$4,320,011

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2013

Revenue

$173,328

Expenses

$661,313

Net Income

-$487,985

Net Assets

$4,940,055

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$333	0.2%
Dividends	$159,416	92.0%
Sales of Assets	$11,180	6.5%
Other Income	$2,399	1.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$650,643	98.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,361,346
Total Liabilities	$421,291
Net Assets	$4,940,055

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2012

Revenue

-$41,746

Expenses

$3,497,095

Net Income

-$3,538,841

Net Assets

$4,516,698

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$955
Dividends	$182,464
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,237,415	64.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,766,698
Total Liabilities	$1,250,000
Net Assets	$4,516,698

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2011

Revenue

$4,965,760

Expenses

$1,720,343

Net Income

$3,245,417

Net Assets

$7,067,500

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,235,074	85.3%
Interest Revenue	$46,766	0.9%
Dividends	$120,852	2.4%
Sales of Assets	$563,068	11.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,702,186	98.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,067,500
Total Liabilities	$0
Net Assets	$7,067,500

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Updated June 30, 2025

Karen And Herbert Lotman Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $150k (2024)

Expenses $292k (2024)

Total Assets $1.49M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Nov. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Nov. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Nov. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Nov. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Nov. 2011

Extracted Financial Data

Revenue

$150k (2024)

Expenses

$292k (2024)

Total Assets

$1.49M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Nov.
2024

Fiscal Year Ending Nov.
2023

Fiscal Year Ending Nov.
2022

Fiscal Year Ending Nov.
2020

Fiscal Year Ending Nov.
2019

Fiscal Year Ending Nov.
2018

Fiscal Year Ending Nov.
2017

Fiscal Year Ending Nov.
2016

Fiscal Year Ending Nov.
2015

Fiscal Year Ending Nov.
2014

Fiscal Year Ending Nov.
2013

Fiscal Year Ending Nov.
2012

Fiscal Year Ending Nov.
2011

Fiscal Year Ending Nov.
2010

Fiscal Year Ending Nov.
2009

Fiscal Year Ending Nov.
2008

Fiscal Year Ending Nov.
2007

Fiscal Year Ending Nov.
2006

Fiscal Year Ending Nov.
2005

Fiscal Year Ending Nov.
2004

Fiscal Year Ending Nov.
2003

Fiscal Year Ending Nov.
2002

Fiscal Year Ending Nov.
2001