Lotz Family Foundation

Private foundation · Grantmaker Fort Lauderdale, FL EIN: 26-1590575

The Lotz Family Foundation is a private foundation based in Fort Lauderdale, Florida. Its 2024 filing reports grants to organizations in several states, including support for sailing, health care, environmental stewardship, education, and community services.

Key facts about Lotz Family Foundation

In short: Lotz Family Foundation gave $66K across 14 grants in 2024 (avg $5K), top state Rhode Island. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
26-1590575
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$65,500
Grants made (2024)
14
Average grant
$4,679
Median grant
$2,000
New grantees (estimate)
21% first-time grantees (3 of 14, 2024)
Total assets
$481,702
Primary geography
Rhode Island (48% of itemized 2024 grant dollars)
How to apply
Submit a written request. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$482K

-2.5% YoY

Annual Giving

$66K

-22.4% YoY

Grant Count

14

-17.6% YoY

Avg Grant Size

$5K

-5.7% YoY

Under IRS private-foundation payout rules, Lotz Family Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

Is Lotz Family Foundation open to new grantees?

21%

first-time grantees, 2024

In 2024, 3 of 14 grantees (21%) were first-time recipients. First grants averaged $2K; repeat grants $5K. How we count

Medians: $1K first-time, $2K repeat.

  • 71% of 2024 grantees were also funded in 2023. Method
  • Giving fell 56% from 2021 to 2024. Method
  • In 2024 it paid out 195% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations whose stated work includes public sailing programs, health care, environmental protection, marine history, higher education, and services for people with disabilities.

For example, Sail Newport says its mission is to promote affordable public sailing instruction and rentals and attract new sailors. Save the Bay says it works to protect, restore, and improve the ecological health of the Narragansett Bay region. Sail to Prevail describes its program as therapeutic sailing for children and adults with disabilities.

Grantmaking

In filing year 2024, the foundation reported 14 grants totaling $65,500. Grant amounts ranged from $500 to $25,000, with a median of $2,000.

Review Cycle

, and reports no restrictions on awards.

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Geographic Focus

Where this funder awards grants

The 2024 grants went to recipients in Rhode Island (48% of grant dollars), Minnesota (38%), New York (8%), Massachusetts (3%), and California (3%).

Grant Distribution by State

11states

Share of 2024 grant dollars across all 14 itemized grants.

Cities

NewportBristolFt LauderdaleBabson ParkSan FranciscoMiddletownNew YorkPhiladelphiaProvidenceMiamiMinneapolisBostonBrooklineCos CobCranstonDenverEast TroyNew LondonOyster BaySunrise

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K16 grants2020 14 grants2021 15 grants2022 17 grants2023 14 grants2024

From 2020 to 2024, annual grant giving ranged from $56K (2020) to $148K (2021). In 2024 it made 14 grants totaling $66K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Bella Mente Quantum Racing Association: $25KBella Mente Quantum RacingAssociation$25KNewport Hospital Foundation: $10KNewport Hospital Foundation$10KSail Newport: $10KSail Newport$10KWindward Mark Sailing Foundation: $5KWindward Mark SailingFoundation$5KHerreshoff Marine Museum: $3KHerreshoff Marine Museum$3KSave the Bay: $3KSave the Bay$3KBabson College: $2KBabson College$2KChinese Imersion School PTA: $2KChinese Imersion School PTA$2KLime Rock Foundation: $2KLime Rock Foundation$2KAquidneck Land Trust: $1KAquidneck Land Trust$1K

The largest 2024 recipient was Bella Mente Quantum Racing Association ($25K). Together the top 10 received $62K.

Grant Size Distribution

76 grants across all recorded years

75<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 76 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bella Mente Quantum Racing Association Minneapolis, MNTo improve the quality of competition saling in the united states, thruogh youth development$25,000
Newport Hospital Foundation Newport, RITo Provide Healthcare and Services to the Public$10,000
Sail Newport Newport, RITo promote and operate affordable public sailing instruction and rental programs, and to create opportunities to attract new sailors to the sport.$10,000
Windward Mark Sailing Foundation Oyster Bay, NYTo Educate and Train Elite Athletes$5,000
Herreshoff Marine Museum Bristol, RITo assist in the education and inspiration of the public through presentations of the history and innovative work of the heffeshoff manufacturing company and the America's cup competition$2,500
Save the Bay Providence, RITo protect and improve narragansett bay, and inspire environmental stewardship among those who live in and vist the narragansett bay region$2,500
Babson College Babson Park, MATo fund higher education programsto fund higher education programs$2,000
Chinese Imersion School PTA San Francisco, CATo Provide Funds for Student Enrichment Programs$2,000
Lime Rock Foundation Newport, RITo provide funds for the purpose of restoring, maintaining, and preserving the historically and architecturally significant bulidings, the ilyc club house, and the supporting marine elements$2,000
Aquidneck Land Trust Middletown, RITo preserve and steward aquidneck island's open spaces for lasting benefit of the community, while connecting with the land that defines the island's natural character$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $481,702 $72,938 $85,376 $65,500
2023 $494,123 $50,884 $91,810 $84,375
2022 $535,030 $37,213 $124,381 $106,900
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$481,702$494,123$535,030
Revenue$72,938$50,884$37,213
Expenses$85,376$91,810$124,381
Qualifying Distributions$74,933$88,092$118,626
Net Investment Income$62,495$47,166$25,487
Distributable Amount$38,406$36,458$40,194

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Philip A. Lotz and Wendy D. Lotz as trustees.

Lotz Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Philip A. Lotz

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Wendy D. Lotz

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Philip A Wendy D Lotz
Mailing address: 3055 Harbor Drive Unit 803, Ft Lauderdale, FL 33316
Phone: (203) 570-2865

Frequently asked questions about Lotz Family Foundation

How much does Lotz Family Foundation give each year?

Lotz Family Foundation gave $66K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $84K across 17 grants.

What is Lotz Family Foundation's typical grant size?

Lotz Family Foundation's median grant in 2024 was $2,000, and its average grant was $4,679, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lotz Family Foundation that year got $2K on average.

Where does Lotz Family Foundation give grants?

Lotz Family Foundation's top state is Rhode Island, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Minnesota (38%) and New York (8%). The most frequent recipient cities were Newport, RI (7 grants).

Does Lotz Family Foundation give general operating support?

Not in 2024: none of the 14 grants with a stated purpose on Lotz Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Lotz Family Foundation's largest grantees?

Lotz Family Foundation's largest 2024 grantees include Bella Mente Quantum Racing Association ($25,000), Newport Hospital Foundation ($10,000) and Sail Newport ($10,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.

How large is Lotz Family Foundation?

Lotz Family Foundation reported $482K in total assets on its 2024 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).

What does Lotz Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations whose stated work includes public sailing programs, health care, environmental protection, marine history, higher education, and services for people with disabilities. See mission & focus areas ↑

How do I apply for a grant from Lotz Family Foundation?

Submit a written request. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Lotz Family Foundation's EIN?

Lotz Family Foundation's EIN (Employer Identification Number) is 26-1590575. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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