Overview
What is The Lotos Foundation Inc?
The Lotos Foundation Inc, established in New York, is a public charity organization with a primary mission to foster literature, art, sculpture, music, architecture, journalism, drama, and science. They achieve this by granting scholarships to aspiring individuals in these fields, maintaining archives, and engaging in various worthwhile activities. Additionally, The Lotos Foundation Inc is dedicated to preserving and maintaining the architectural integrity and design of the landmarked building located at 5 East 66th Street in New York City.
Official website here: www.lotosfoundation.org
Is The Lotos Foundation Inc legitimate?
The Lotos Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lotos Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.lotosfoundation.org
What is the mission statement of The Lotos Foundation Inc?
The Lotos Foundation Inc, established in 1999, is a public charity organization with a mission to foster and develop literature, art, sculpture, music, architecture, journalism, drama, and science. They achieve this by granting scholarships to promising individuals in these fields. Additionally, the foundation maintains archives and resources related to these disciplines. The organization also engages in other worthwhile activities and, as part of its charitable missions, preserves and maintains the architectural integrity and design of a landmarked building. The Lotos Foundation Inc supports authors and students in the musical, dramatic, and learned professions, encouraging their work and providing resources for their advancement.
Official website here: www.lotosfoundation.org
What is the revenue of The Lotos Foundation Inc?
The Lotos Foundation Inc's revenue in 2024 was $402,791.
Official website here: www.lotosfoundation.org
Who are the executives of The Lotos Foundation Inc and what are their salaries?
There 20 volunteers at The Lotos Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.lotosfoundation.org
Where can I find the form 990 for The Lotos Foundation Inc?
The Lotos Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lotosfoundation.org
Learn more at the official website: www.lotosfoundation.org
Mission Statement of The Lotos Foundation Inc
The Lotos Foundation Inc, established in 1999, is a public charity organization with a mission to foster and advance literature, art, sculpture, music, architecture, journalism, drama, and science. The foundation aims to encourage and support authors, students, and professionals in these fields, providing scholarships and grants as means to achieve its objectives. Additionally, The Lotos Foundation Inc maintains archives and resources related to these disciplines and engages in various worthwhile activities as needed. One of its notable charitable missions is the preservation and maintenance of the architectural integrity and design of a landmarked building, located at Five East Sixty-Sixth Street. The foundation's activities are not limited to these areas and may expand to include other worthy endeavors as time progresses.
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Impact
October, 2024
The Lotos Foundation Inc has a significant impact on the cultural and artistic landscape by promoting and developing various forms of literature, art, music, architecture, journalism, and science. Through its scholarship grants, the foundation supports aspiring artists, writers, and students, helping to nurture their talents and encourage their contributions to the creative community. This support not only fosters individual growth but also enriches the broader cultural dialogue.
Additionally, the foundation is dedicated to preserving the architectural integrity of its landmark building in New York City, further enhancing the aesthetic and historical value of the area. By maintaining this architectural heritage, The Lotos Foundation Inc not only safeguards a piece of history but also ensures that future generations can appreciate and learn from the artistic achievements of the past. Overall, The Lotos Foundation plays a vital role in advancing the arts and sciences while fostering a deeper appreciation for cultural heritage.
This information is meant to be a general summary of The Lotos Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $24,513
- Gross Receipts: $1,240,090
Assets and Liabilities:
- Total Assets: $786,717
- Total Liabilities: $1,800
- Net Assets: $784,917
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Organization Details
Founding Year
1999
Principal Officer
Robert H Elman
Website
www.lotosfoundation.orgNTEE Category
Code: A80 - Arts
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