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LOTUS ENDOWMENT FUND INC

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Public nonprofit record

LOTUS ENDOWMENT FUND INC

EIN 92-0233563 · Single Organization Support (L11)

What they do

THE LOTUS ENDOWMENT FUND, INC. is A 501(C)(3) SUPPORTING FOUNDATION for THE SUNDARI FOUNDATION, INC. and ITS INITIATIVES, INCLUDING THE LOTUS HOUSE WOMENS 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

Money

Financial picture

Tax year 2024
Revenue$4,216,570
Expenses$1,919,903
Assets$107,409,587
Income$4,216,570
Contributions$2,034,636
Grants given$2,428,230
Average grant$404,705
Management$299,398
Stocks and bonds$7,703,928
Accounting fees$67,345

About this charity

Recognized since
January 2008
Location
3921 ALTON ROAD 470, MIAMI BEACH, FL 33140
County
Miami-Dade
In care of
CONSTANCE COLLINS
Primary officer
CONSTANCE COLLINS, PRESIDENT & DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CABALLERO FIERMAN LLERENA & GARCIA LLP
NTEE classification
Single Organization Support (L11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
17
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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