Lopud Foundation Inc

NEW YORK, NY EIN: 87-4052660

Lopud Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $689K. Net investment income was $957K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+506.5% YoY

Annual Giving

$689K

+588.8% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$230K

+129.6% YoY

Under IRS private-foundation payout rules, Lopud Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Lopud Foundation Inc

Based on IRS filings

Lopud Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $689K. Net investment income was $957K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New Haven

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$925K$2M$3M$4M2021202220232024
Metric202420232022
Total Assets$1,945,059$320,723$340,554
Revenue$3,365,051$81,549$554
Expenses$782,627$101,380$1,810,000
Qualifying Distributions$782,557$101,380
Net Investment Income$956,833$5,039$554
Distributable Amount$14,386$14,224$27,886

Giving Over Time

Total grant dollars and number of grants per year

$0$453K$905K$1M$2M0 grants20211 grants20221 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

LOPUD FOUNDATION$557KLOPUD FOUNDATION$100KYALE UNIVERSITY$32K

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K2$100–250K$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lopud Foundation ($556,605), Lopud Foundation ($100,000), Yale University ($32,238).

RecipientPurposeAmount
LOPUD FOUNDATION THE PURPOSE OF THE GRANT IS (I) THE PURCHASE AND MAINTENANCE OF A PROPERTY LOCATED AT CADASTRAL PARCEL NUMBER 430, CADASTRAL MUNICIPALITY OF LOPUD IN CROATIA, WHICH THE GRANTEE WILL USE EXCLUSIVELY TO CARRY ON ACTIVITIES AND PROGRAMS THAT PROMOTE CULTURAL LIFE ON LOPUD AND (II) TO EXPAND ITS ARTIST RETREAT PROGRAM BY PROVIDING ACCOMMODATIONS FOR THE ARTISTS$556,605
LOPUD FOUNDATION THE PURPOSE OF THE GRANT IS TO HOST RETREATS FOR PAINTERS, MUSICIANS, SCULPTORS, WRITERS AND OTHER ARTISTS, WHICH ALLOW THE ARTISTS TO FOCUS ON THEIR WORK AND IMPROVE OR ENHANCE THEIR ARTISTIC SKILL.$100,000
YALE UNIVERSITY NEW HAVEN, CTSTEVEN HARRIS AND LUCIEN REES-ROBERTS SCHOLARSHIP FUND$32,238

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LUCIEN REES-ROBERTSDIRECTOR0.5
GLENN STEVEN HARRISDIRECTOR0.5
DAVID ELWELLDIRECTOR (THRU 05/03/2024)0.05
DR KAREN HARRISDIRECTOR (FROM 05/03/2024)0.05

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lopud Foundation Inc?

Lopud Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. It holds $1.9M in total assets as of 2024.

How large is Lopud Foundation Inc?

As of 2024, Lopud Foundation Inc holds $1.9M in total assets with $3.4M in annual revenue. It awarded 3 grants totaling $689K in 2024.

Where does Lopud Foundation Inc operate?

Lopud Foundation Inc has awarded grants in Connecticut.

What size grants does Lopud Foundation Inc award?

In 2024, Lopud Foundation Inc awarded 3 grants totaling $689K — an average of about $230K per grant, based on its IRS Form 990 filings.

How much is Lopud Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lopud Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lopud Foundation Inc's EIN?

Lopud Foundation Inc's EIN (Employer Identification Number) is 87-4052660. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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