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EIN 06-1281494

LGT Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lake Success
State
New York
Year formed
1991
Most recent tax filings
2024-07-01
NTEE code, primary
T20: Private Foundations
Description
The LGT Foundation is a private foundation located in Lake Success, NY. It primarily funds to be used for emergency relief assistance to artists in need, in support of the lenore tawney: mirror of the universe, in support of public programming (to include free admission days), and for general operating support. Grantees include Cerf and others. Last year, it made 10 grants.
Total revenues
$769,854
2024
Total expenses
$1,135,641
2024
Total assets
$8,023,495
2024
Num. employees
0
2024

Grants made by LGT Foundation

GranteeGrant descriptionAmount
Metropolitan Museum of ArtContribution To "the Met" of the Value of "the Bride",linen,feathers,wood,1962 By Lenore Tawney in A Bargain Sale Entered Into on 1/4/24,where the Contributed Portion of the FMV for the Item Exceeds $150,000, the Amount Paid By "the Met".$200,000
Metropolitan Museum of ArtContribution To "the Met" of the Value of "shrouded River",linen,wood, Metal, 1966 By Lenore Tawney in A Bargain Sale Entered Into on 1/5/24,where the Contributed Portion of the FMV for the Item Exceeds $150,000, the Amount Paid By "the Met".$200,000
Madison Square Park ConservancyFor MSPC'S 20th Anniversary Art Program.$60,000
...and 5 more grants made

Personnel at LGT Foundation

NameTitleCompensation
Kathleen ManganExecutive Director and Secretary$140,000
Ellyn A SosinTreasurer$0
Paul J SmithPresident$0

Financials for LGT Foundation

RevenuesFYE 07/2024
Total grants, contributions, etc.$0
Investment income and dividends$141,003
Net rental income$0
Net gain from sale of non-inventory assets$628,851
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$769,854

Form 990s for LGT Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-072024-12-19990PFView PDF
2023-072024-02-01990PFView PDF
2022-072022-12-21990PFView PDF
2021-072021-12-14990PFView PDF
2020-072021-06-15990PFView PDF
...and 9 more Form 990s
Data update history
June 4, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 29, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 7, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
C/O Sosin Kriegel-3000 Marcus Ave 2
Lake Success, NY 11042
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Nassau County, NY
Website URL
lenoretawney.org/ 
Phone
(212) 570-4600
IRS details
EIN
06-1281494
Fiscal year end
July
Taxreturn type
Form 990-PF
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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