LGT Foundation
LGT Foundation is a private foundation based in Garden City, New York, that supports the visual arts, with a focus on craft media, including fiber art. Its stated aim is to expand public access to and knowledge about the visual arts and support learning opportunities for emerging artists.
LGT Foundation at a glance
In short: LGT Foundation gave $671K across 10 grants in 2025 (avg $67K), top state Vermont. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $670,750
- -0.2% vs 2024
- Grants made (2025)
- 10
- +0.0% vs 2024
- Average grant
- $67,075
- -0.2% vs 2024
- Median grant
- $25,125
- Total assets
- $8,365,410
- +4.3% vs 2024
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2025; small sample)
- Primary geography
- Vermont (30% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to LGT Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation makes grants to preselected charitable organizations and does not accept unsolicited requests. Its website states that grants are made on an invitational basis to organizations exempt under Section 501(c)(3).
- Contact
Mailing address: C/O Sosin Kriegel-575 Stewart Ave 5, Garden City, NY 11530
Phone: (212) 570-4600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who LGT Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cerf ($200K). Together the top 10 received $671K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 49 grants of 66 (74%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars went to recipients in Vermont (30%), Maine (27%), North Carolina (21%), Ohio (8%), and New York (6%). The listed grants also included recipients in Michigan, Texas, New Mexico, and Washington, DC.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is LGT Foundation open to new grantees?
30%
first-time grantees, 2025
In 2025, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $71K; repeat grants $65K. How we count
Medians: $53K first-time, $15K repeat.
- 30% of 2025 grantees were also funded in 2024. Method
- Giving fell 59% from 2022 to 2025. Method
- In 2025 it paid out 212% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $307K (2023) to $1.7M (2022). In 2025 it made 10 grants totaling $671K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cerf Brattleboro, VT | To be used for emergency relief assistance to artists in need | $200,000 |
| Haystack Mountain School of Crafts Deer Isle, ME | Provided only for the transcription and documentation of the Summer Conference. | $184,000 |
| Penland School of Crafts Penland, NC | Addition to existing scholarship endowment and RES Restricted Hurricane Helene Revenue 50-4204 | $140,000 |
| Toledo Museum of Art Toledo, OH | Gift of Lenore Tawney (1907-2007) "Udjat", 1968, mixed media, 2 3/8 x 7 1/4 x 5 1/4 in. | $52,500 |
| Madison Square Park Conservancy New York, NY | In support of the 2025 commission, Larry Bell's "Improvisations in the Park". | $30,000 |
| Ox-Bow School of Art Artists Reside Saugutuck, MI | To support scholarships for three mature, women identifying artists to participate in Ox-Bow's 2025 Longform residency program. | $20,250 |
| Museum of Fine Arts -Houston Houston, TX | In support of the presentation and programming for "Toshiko Takaezu: Worlds Within". | $15,000 |
| ArtTable Inc New York, NY | In support of ArtTable's Summer Fellowship in the Visual Arts Profession program. | $12,000 |
| Surface Design Association Albuquerque, NM | In support of its 2025-2027 Artist in the Residence Program. | $12,000 |
| Aspen Institute Washington, DC | In Support of the 2024 DEAI Leadership Annual Appeal for the AEF Consortium Advancing Next-Gen BIPOC Leaders of the Visual Arts. | $5,000 |
Ready to take the next step with LGT Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,365,410 | $1,461,543 | $1,148,628 | $670,750 | 10 | $1,030,023 | $1,359,964 | $486,823 |
| 2024 | $8,023,495 | $769,854 | $1,135,641 | $672,000 | 10 | $1,032,461 | $680,731 | $443,910 |
| 2023 | $8,012,315 | $821,340 | $693,329 | $307,000 | 8 | $589,024 | $740,847 | $394,427 |
| 2022 | $7,914,129 | $1,492,023 | $2,033,774 | $1,652,600 | 23 | $1,934,434 | $1,403,252 | $445,536 |
| 2021 | $8,123,903 | $794,170 | $1,741,128 | $1,379,008 | 15 | — | $708,646 | $414,755 |
| 2019 | $8,170,394 | $505,859 | $1,637,352 | $1,207,490 | 13 | — | $435,780 | $342,863 |
Under IRS private-foundation payout rules, LGT Foundation reported a distributable amount of $487K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to support the visual arts, particularly craft media such as fiber art. Its grantmaking is by invitation to organizations exempt under Section 501(c)(3); it does not make grants to individuals.
The 2025 grants show support for emergency relief for artists, craft-school programming and scholarships, museum presentations and acquisitions, and visual-arts professional development. Among its grantees, Haystack Mountain School of Crafts describes its mission as teaching fine craftsmanship and supporting research and development in the crafts. Surface Design Association says it promotes awareness and appreciation of textile-inspired art and design through member-supported benefits including publications, exhibitions, and conferences. ArtTable describes itself as a professional organization advancing women’s and nonbinary people’s leadership in the visual arts.
Grantmaking
In 2025, the foundation reported 10 grants totaling $670,750. Grants ranged from $5,000 to $200,000, with a median of $25,125.
The largest reported grants included $200,000 to CERF for emergency relief assistance to artists in need; $184,000 to Haystack Mountain School of Crafts for transcription and documentation of its Summer Conference; and $140,000 to Penland School of Crafts for an addition to its existing scholarship endowment and restricted Hurricane Helene revenue. Other grants included $52,500 to the Toledo Museum of Art for Lenore Tawney’s *Udjat*; $30,000 to Madison Square Park Conservancy in support of Larry Bell’s 2025 park commission; and $15,000 to the Museum of Fine Arts, Houston, for the presentation and programming of *Toshiko Takaezu: Worlds Within*.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Janice Gordon as President, Kathleen Mangan as Executive Director/Secretary, and Ellyn A. Sosin as Treasurer.
LGT Foundation is led by Kathleen Mangan, Executive Director & Secretary on every filing since 2019; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kathleen Mangan
Executive Director & Secretary
On filings since 2019
40 hrs/week
$120K (2019) → $175K (2025)
Janice Gordon
President
Director → President, 2021
On filings since 2019
1 hr/week
No compensation reported
Ellyn A Sosin
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: Paul J. Smith (2019) — President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $175K, to Kathleen Mangan (Exec Dir/Secy).
Frequently asked questions about LGT Foundation
How much does LGT Foundation give each year?
LGT Foundation gave $671K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $672K across 10 grants.
What is LGT Foundation's typical grant size?
LGT Foundation's median grant in 2025 was $25,125, and its average grant was $67,075, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from LGT Foundation that year got $71K on average.
Where does LGT Foundation give grants?
LGT Foundation's top state is Vermont, with 30% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Maine (27%) and North Carolina (21%). The most frequent recipient cities were New York, NY (2 grants).
Does LGT Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on LGT Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are LGT Foundation's largest grantees?
LGT Foundation's largest 2025 grantees include Cerf ($200,000), Haystack Mountain School of Crafts ($184,000) and Penland School of Crafts ($140,000), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.
How large is LGT Foundation?
LGT Foundation reported $8.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $487K (roughly 5% of its investment assets).
What does LGT Foundation fund?
The foundation’s stated mission is to support the visual arts, particularly craft media such as fiber art. Its grantmaking is by invitation to organizations exempt under Section 501(c)(3); it does not make grants to individuals. See mission & focus areas ↑
How do I apply for a grant from LGT Foundation?
The foundation makes grants to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is LGT Foundation's EIN?
LGT Foundation's EIN (Employer Identification Number) is 06-1281494. IRS Form 990 filing data is available on this page for 2019–2025.
Does LGT Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 13, 2020)
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). LGT Foundation funder profile. GrantGraph. Retrieved November 5, 2026, from https://grantable.co/funders/lgt-foundation-morg_d9311f83b7c94c318a6ec6eb946bcf73
BibTeX
@misc{grantable_061281494_2026,
author = {{Grantable}},
title = {{LGT Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lgt-foundation-morg_d9311f83b7c94c318a6ec6eb946bcf73},
note = {Accessed 2026-11-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from LGT Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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