2025-07-24T20:59:41-04:00 2024-12-31 550912340 CABALLERO FIERMAN LLERENA & GARCIA LLP 8950 SW 74 COURT STE 1210 MIAMI FL 33156 990 2024-01-01 810652266 THE SUNDARI FOUNDATION INC SUND 3056131573 529 W 41ST STREET 468 MIAMI BEACH FL 33140 CONSTANCE COLLINS PRESIDENT 3056131573 2025-07-21 true ENRIQUE LLERENA CPA P00916033 3056627272 2025-07-24 2024 2025-03-06 01:10:19Z CONSTANCE COLLINS 217 NW 15TH STREET MIAMI FL 33136 19232400 false X WWW.LOTUSHOUSE.ORG X 2004 FL THE FOUNDATION IS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING PROVIDING RELIEF TO HOMELESS, POOR, DISTRESSED, AND DISADVANTAGED WOMEN AND CHILDREN. 35 35 173 3012 0 17044273 18758062 208826 145200 137127 159915 69073 166680 17459299 19229857 0 0 8393859 8750172 0 113753 7914996 8776806 16308855 17526978 1150444 1702879 12996073 18567229 312995 3678198 12683078 14889031 X OUR MISSION IS TO IMPROVE THE LIVES OF HOMELESS WOMEN, YOUTH, AND CHILDREN BY PROVIDING SANCTUARY, SUPPORT, EDUCATION, TOOLS, AND RESOURCES THAT EMPOWER THEM TO IMPROVE THE QUALITY OF THEIR LIVES ON EVERY LEVEL, ACHIEVE GREATER SELF SUFFICIENCY, AND BUILD SAFE, SECURE LIVES. IF THEIR DREAMS COME TRUE, WE ENRICH OUR COMMUNITY WITH THE FRUIT OF THEIR POTENTIAL REALIZED. TO SUPPORT OUR MISSION WE ALSO ADVOCATE ON BEHALF OF HOMELESS WOMEN, YOUTH, AND CHILDREN TO RAISE AWARENESS OF THEIR SPECIAL NEEDS. THE ORGNIZATION INSPIRES INNOVATIVE HOLISTIC SOLUTIONS THAT TRULY BREAK THE CYCLE OF CHILDHOOD ABUSE, DOMESTIC VIOLENCE AND HOMELESSNESS, AND ADVANCE RESEARCH AND ENLIGHTENED SOCIAL POLICIES FOR GREATER UNDERSTANDING, SOCIAL INCLUSION AND RESOURCES FOR HOMELESS WOMEN AND CHILDREN. OUR VISION IS THAT EVERY HOMELESS WOMAN, YOUTH, AND CHILD WILL HAVE THE OPPORTUNITY TO HEAL, LEARN AND GROW, BUILD THE FOUNDATION FOR A BRIGHTER FUTURE, AND BLOSSOM AS TO WHO THEY ARE TRULY MEANT TO BE. false false 12944094 OPERATION OF RESIDENTIAL FACILITY AND RESOURCE CENTER, KNOWN AS LOTUS HOUSE WOMEN'S SHELTER, PROVIDING FREE SHELTER, HOLISTIC SUPPORT SERVICES AND ACCESS TO WIDE RANGE OF COMMUNITY RESOURCES FOR HOMELESS WOMEN AND CHILDREN, INCLUDING: FOOD, CLOTHING, COUNSELING, JOB READINESS TRAINING AND EDUCATIONAL WORKSHOPS, ACCESS TO MEDICAL AND MENTAL HEALTH TREATMENT, PRE- NATAL CARE, BIRTHING AND PARENTING CLASSES, INFANT SUPPLIES, AND A HOST OF ENRICHMENT ACTIVITIES. THE FOUNDATION SERVICES INCLUDE: 365,000 NUTRITIOUS MEALS SERVED ANNUALLY 190,000 SHELTER BED NIGHTS ANNUALLY 525+ WOMEN, YOUTH, AND CHILDREN SHELTERED NIGHTLY 300+ NEWBORNS WHO CALL LOTUS HOUSE THEIR FIRST HOME AND COUNTING 85% SUCCESSFULLY EXITING THE SHELTER SYSTEM 16,000+ HEALTH CARE APPOINTMENTS AND REFERRALS MADE ANNUALLY 250,000+ DIAPERS PROVIDED TO INFANTS AND TODDLERS ANNUALLY IN 2023, 1,439+ WOMEN, YOUTH, AND CHILDREN WERE SHELTERED IN OUR FACILITIES. AFTER ITS INITIAL FORMATION, THE FOUNDATION CONCENTRATED ITS EFFORTS ON PROVIDING RELIEF TO HOMELESS, POOR, DISTRESSED AND DISADVANTAGED WOMEN AND CHILDREN. IT ESTABLISHED LOTUS HOUSE AS A PROTOTYPE WOMEN'S RESOURCE CENTER AND EMERGENCY SHELTER FACILITY. 4164589 145200 THROUGH ITS WHOLLY OWNED SUBSIDIARY LOTUS HOUSE THRIFT LLC, THE FOUNDATION HAS ESTABLISHED A WORK PROGRAM AND COMMUNITY OUTREACH THRIFT SHOP, BENEFITING LOTUS HOUSE WOMEN'S SHELTER, PROVIDING JOB TRAINING, CLOTHING AND FURNISHINGS FOR HOMELESS, POOR, DISTRESSED, AND DISADVANTAGED WOMEN IN THE FURTHERANCE OF THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSES. 17108683 true true false true false false false false false false true false false false true true false true false false false false false false true false false false false false false false false false false false false false true false false false true true false false false true 87 0 true 173 true false false false false false false false false false false false false X 35 35 false false false false false false false true true false true true true true true true true true true true false FL NY X X CONSTANCE COLLINS 3056131573 217 NW 15TH STREET MIAMI FL 33136 X BEATRICE GONZALEZ EMPLOYEE 40.00 X 130000 0 540 ISABELLA DELL' OCA EXECUTIVE DI 40.00 X 130000 0 540 STEPHANIE PADRO EMPLOYEE 40.00 X 115000 0 540 SHANA COX EMPLOYEE 40.00 X 115000 0 512 DONNA MACDONALD EMPLOYEE 40.00 X 110000 0 0 RAI JOHNSON NON-VOTING A 1.00 X 75000 0 28 SHARONEE DELVANTE NON-VOTING A 1.00 X 61731 0 540 RONIDE BLANC NON-VOTING A 1.00 X 60000 0 540 CAROLE JORDAN NON-VOTING A 1.00 X 60000 0 540 MONYIA KNIGHTS NON-VOTING A 1.00 X 57500 0 540 LENORA FELDER NON-VOTING A 1.00 X 16234 0 0 CONSTANCE COLLINS PRESIDENT 15.00 X X 0 0 33 KIM ABREU TREASURER & 1.00 X X 0 0 0 SETH CASSEL DIRECTOR 1.00 X 0 0 0 ANASTASIA COUSINS SECRETARY & 1.00 X X 0 0 0 GISELLE DEVERA DIRECTOR 1.00 X 0 0 0 DWAYNE ROBINSON ESQ DIRECTOR 1.00 X 0 0 0 EVELYN GREER ESQ DIRECTOR 1.00 X 0 0 0 JOHN SUMBERG ESQ DIRECTOR 1.00 X X 0 0 0 RACHEL WAGNER FURST ESQ DIRECTOR 1.00 X 0 0 0 SHEILA ORETSKY ESQ DIRECTOR 1.00 X 0 0 0 TAMU FOURIE DIRECTOR 1.00 X 0 0 0 JULIE GRIMES DIRECTOR 1.00 X 0 0 0 TIFFANY ZIENTZ HECKLER DIRECTOR 1.00 X 0 0 0 ZAFREEN JAFFERY DIRECTOR 1.00 X 0 0 0 CHRISTINA KOLBJORNSEN EMPLOYEE 1.00 X 0 0 0 COBI LAZCANO DIRECTOR 1.00 X 0 0 0 JULIE LOTSPEICH DIRECTOR 1.00 X 0 0 0 MARTIN MARGULIES DIRECTOR 1.00 X 0 0 0 ADRIENE MCCOY VICE PRESIDE 1.00 X 0 0 0 MARIA R MILLARES DIRECTOR 1.00 X 0 0 0 MIROSLAV MISHA MLADENOVIC DIRECTOR 1.00 X 0 0 0 GLADYS MONTES DIRECTOR 1.00 X 0 0 0 NAT MOORE DIRECTOR 1.00 X 0 0 0 CRISTINA REAL DIRECTOR 1.00 X 0 0 0 TOMAS REGALADO DIRECTOR 1.00 X 0 0 0 NENA RICH DIRECTOR 1.00 X 0 0 0 DANA RITZCOVAN DIRECTOR 1.00 X 0 0 0 STEPHEN ROSS EMPLOYEE 1.00 X 0 0 0 MARK SCHARNITZ DIRECTOR 1.00 X 0 0 0 TADD SCHWARTZ DIRECTOR 1.00 X 0 0 0 TRACY SLAVENS DIRECTOR 1.00 X 0 0 0 MARK TAMIS DIRECTOR 1.00 X 0 0 0 TINA VAN DER VEN EMPLOYEE 1.00 X 0 0 0 ANTONIA WRIGHT DIRECTOR 1.00 X 0 0 0 FAITH XENOS DIRECTOR 1.00 X 0 0 0 930465 4353 6 false false false UNITED HEALTHCARE PO BOX 1459 MINNEAPOLIS MINNEAPOLIS MN 55440 HEALTH INSURANC 759170 GORDON FOOD SALES PO BOX 88029 CHICAGO IL 606801029 FOOD SERVICE 378453 FPL GENERAL MAIL FACILITY MIAMI FL 33188 POWER & LIGHT 191454 AMAZON 440 TERRY AVE NORTH SEATTLE WA 98109 SHELTER SUPPLY 184510 MAKE IT COUNT 4141 NAUTILUS DRIVE 7G MIAMI BEACH FL 33140 CONTROLLER 143300 5 371441 100000 7403380 10883241 4251739 18758062 THRIFT SHOP SALES 453310 145200 145200 145200 162458 162458 2543 -2543 -2543 -2543 371441 MISCELANEOUS REVENUE 154363 154363 ACCRUED INCOME 12317 12317 166680 19229857 309337 162458 8750172 8698796 25688 25688 46235 46235 213775 213775 88065 88065 388498 369654 18844 402242 402242 51152 51152 118707 118707 507121 507121 SUPPLIES - SPECIAL NEEDS 3326880 3326880 SUPPORTIVE SERVICES 1804845 1804845 DONATED GOODS 924814 924814 FOOD AND MEALS 589632 589632 314840 314840 17526978 17108683 304542 113753 10432902 12880372 1783834 1701906 212921 247291 1112758 712166 465769 400592 91019 78350 3253532 9628 5186 12996073 18567229 298374 424666 14621 3253532 312995 3678198 X 12683078 14889031 12683078 14889031 12996073 18567229 X 1702879 503074 X false true X true true true X 14119760 13893083 14591910 17044273 18758062 78407088 14119760 13893083 14591910 17044273 18758062 78407088 24031078 54376010 18902 40751 48492 137127 162458 407730 95121 6800 16537 118458 78933276 1238965 0.68890 0.69870 X PART II, LINE 10 OTHER INCOME 118,458 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18752 18752 17508226 17526978 1000000 250000 5000 1000000 1005000 1507500 25000 18752 43752 1250 250000 251250 376875 25000 25000 SCHEDULE C, PART II-A THE SUNDARI FOUNDATION INC. DID NOT INCUR LOBBYING EXPENDITURES FOR SCH C PART II-A IN THE PREVIOUS TWO YEARS. 95000 13656 81344 38221 19358 18863 611334 461682 149652 368203 217470 150733 400592 OPERATING LEASE LIABILITIES 3253532 3253532 X 20164012 503074 428538 931612 19232400 -2543 -2543 19229857 17958059 428538 428538 17529521 -2543 -2543 17526978 SCHEDULE D, PAGE 3, PART X THE FOUNDATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2024 OR 2023. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. THE FOUNDATIONS POLICY IS TO CLASSIFY INCOME TAX- RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. SCHEDULE D, PAGE 4, PART XI, LINE 4B LOSS IN FIXED ASSET DISPOSSAL -2,543 SCHEDULE D, PAGE 4, PART XII, LINE 4B LOSS IN FIXED ASSET DISPOSSAL -2,543 FUNDRAISING 371441 371441 371441 371441 X 3569146 FMV X 192758 192758 FMV X SHELTER SUPPLIE 489835 489835 FMV false false false FORM 990 - ORGANIZATION'S MISSION OUR MISSION IS TO IMPROVE THE LIVES OF HOMELESS WOMEN, YOUTH, AND CHILDREN BY PROVIDING SANCTUARY, SUPPORT, EDUCATION, TOOLS, AND RESOURCES THAT EMPOWER THEM TO IMPROVE THE QUALITY OF THEIR LIVES ON EVERY LEVEL, ACHIEVE GREATER SELF SUFFICIENCY, AND BUILD SAFE, SECURE LIVES. IF THEIR DREAMS COME TRUE, WE ENRICH OUR COMMUNITY WITH THE FRUIT OF THEIR POTENTIAL REALIZED. TO SUPPORT OUR MISSION WE ALSO ADVOCATE ON BEHALF OF HOMELESS WOMEN, YOUTH, AND CHILDREN TO RAISE AWARENESS OF THEIR SPECIAL NEEDS. THE ORGNIZATION INSPIRES INNOVATIVE HOLISTIC SOLUTIONS THAT TRULY BREAK THE CYCLE OF CHILDHOOD ABUSE, DOMESTIC VIOLENCE AND HOMELESSNESS, AND ADVANCE RESEARCH AND ENLIGHTENED SOCIAL POLICIES FOR GREATER UNDERSTANDING, SOCIAL INCLUSION AND RESOURCES FOR HOMELESS WOMEN AND CHILDREN. OUR VISION IS THAT EVERY HOMELESS WOMAN, YOUTH, AND CHILD WILL HAVE THE OPPORTUNITY TO HEAL, LEARN AND GROW, BUILD THE FOUNDATION FOR A BRIGHTER FUTURE, AND BLOSSOM AS TO WHO THEY ARE TRULY MEANT TO BE. FORM 990, PAGE 2, PART III, LINE 4A OPERATION OF RESIDENTIAL FACILITY AND RESOURCE CENTER, KNOWN AS LOTUS HOUSE WOMEN'S SHELTER, PROVIDING FREE SHELTER, HOLISTIC SUPPORT SERVICES AND ACCESS TO WIDE RANGE OF COMMUNITY RESOURCES FOR HOMELESS WOMEN AND CHILDREN, INCLUDING: FOOD, CLOTHING, COUNSELING, JOB READINESS TRAINING AND EDUCATIONAL WORKSHOPS, ACCESS TO MEDICAL AND MENTAL HEALTH TREATMENT, PRE- NATAL CARE, BIRTHING AND PARENTING CLASSES, INFANT SUPPLIES, AND A HOST OF ENRICHMENT ACTIVITIES. THE FOUNDATION SERVICES INCLUDE: 365,000 NUTRITIOUS MEALS SERVED ANNUALLY 190,000 SHELTER BED NIGHTS ANNUALLY 525+ WOMEN, YOUTH, AND CHILDREN SHELTERED NIGHTLY 300+ NEWBORNS WHO CALL LOTUS HOUSE THEIR FIRST HOME AND COUNTING 85% SUCCESSFULLY EXITING THE SHELTER SYSTEM 16,000+ HEALTH CARE APPOINTMENTS AND REFERRALS MADE ANNUALLY 250,000+ DIAPERS PROVIDED TO INFANTS AND TODDLERS ANNUALLY IN 2023, 1,439+ WOMEN, YOUTH, AND CHILDREN WERE SHELTERED IN OUR FACILITIES. AFTER ITS INITIAL FORMATION, THE FOUNDATION CONCENTRATED ITS EFFORTS ON PROVIDING RELIEF TO HOMELESS, POOR, DISTRESSED AND DISADVANTAGED WOMEN AND CHILDREN. IT ESTABLISHED LOTUS HOUSE AS A PROTOTYPE WOMEN'S RESOURCE CENTER AND EMERGENCY SHELTER FACILITY. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT OF FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND COMMENTS, PRIOR TO FILING, IN ADDITION TO BEING REVIEWED AND APPROVED BY THE PRESIDENT OF THE FOUNDATION. FORM 990, PAGE 6, PART VI, LINE 12C NO OFFICER OR EMPLOYEE SHALL SOLICIT OR ACCEPT ANY GIFT, GRATUITY, FAVOR, COMPENSATION, OR ANYTHING OF VALUE, IN CASH OR IN-KIND, FROM ANY EXISTING OR PROSPECTIVE CONTRACTOR OR RECIPIENT OR BENEFICIARY OF EXPENDITURES OF THE FUND, EXCEPT FOR A GIFT THAT IS AN UNSOLICITED ITEM OF NOMINAL VALUE OR AS OTHERWISE MAY BE FULLY DISCLOSED TO AND EXPRESSLY APPROVED BY THE BOARD. NO OFFICER, EMPLOYEE OR AGENT MAY PARTICIPATE IN THE SELECTION, AWARD OR ADMINISTRATION OF A CONTRACT SUPPORTED BY GRANT PROGRAM FUNDS FROM GOVERNMENTAL SOURCES IF A REAL OR APPARENT CONFLICT OF INTEREST WOULD BE INVOLVED. SUCH A CONFLICT MAY ARISE WHEN ANY OF THE FOLLOWING HAS A FINANCIAL OR OTHER INTEREST IN THE FIRM SELECTED FOR THE AWARD: AN EMPLOYEE, OFFICER OR AGENT OF THE FUND; ANY MEMBER OF AN EMPLOYEE'S, OFFICER'S OR AGENT'S IMMEDIATE FAMILY; AND EMPLOYEE'S, AGENT'S OR OFFICER'S PARTNER; OR AN ORGANIZATION WHICH EMPLOYS OR IS ABOUT TO EMPLOY ANY OF THE PARTIES IN THE PRECEDING SECTIONS. FORM 990, PAGE 6, PART VI, LINE 15A SPECIAL PROCEDURES ARE IN PLACE FOR BOARD REVIEW IF THERE SHOULD BE A COMPENSATION LEVEL FOR AN EMPLOYEE EXCEEDING 125,000. COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND SUBJECT TO BOARD APPROVAL ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15B SPECIAL PROCEDURES ARE IN PLACE FOR BOARD REVIEW IF THERE SHOULD BE A COMPENSATION LEVEL FOR AN EMPLOYEE EXCEEDING 150,000. COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND SUBJECT TO BOARD APPROVAL ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS OWN WEBSITE. THIS INFORMATION IS ALSO POSTED ON GUIDESTAR'S WEBSITE. FORM 990, PART XI, LINE 9 LOSS IN FIXED ASSET DISPOSSAL 2,543 LOSS IN FIXED ASSET DISPOSSAL -2,543 LOTUS HOUSE THRIFT LLC 2040 NW 7TH AVENUE MIAMI FL 33127 352385390 DONATIONS FL 3907104 49823 THE SUNDAR LOTUS WELLNESS CENTER LLC 217 NW 15TH STREET MIAMI FL 33136 273438250 HEALTH CLI FL 4092 THE SUNDAR LOTUS ENDOWMENT FUND INC 3921 ALTON ROAD 468 MIAMI FL 33140 920233563 NON-PROFIT FL 501C3 12B NA false LOTUS SUPPORTING FOUDATION INC 3921 ALTON ROAD 170 MIAMI FL 33140 810783068 NON-PROFIT FL 501C3 12B NA false false false true false false false false false false false true false false false false false false false false LOTUS ENDOWMENT FUND INC K 231215 BUILDING LEASE LOTUS ENDOWMENT FUND INC C 100000 FMV, CASH SCHEDULE R SCHEDULE R, PART V, LINE K IN DECEMBER 2007, THE FOUNDATION EXECUTED A LEASE FOR DONATED FACILITIES WITH LOTUS ENDOWMENT FUND, INC. (THE ENDOWMENT) FOR A PERIOD OF FIFTY (50) YEARS WITH AUTOMATIC ONE-YEAR RENEWALS AFTER THE INITIAL TERM FOR 1 PER YEAR. THE LEASE AGREEMENT WAS AMENDED ON AUGUST 2010, FEBRUARY 2011, DECEMBER 2012, APRIL 2013, DECEMBER 2013, DECEMBER 2015 AND JANUARY 2016 TO ADD ADDITIONAL FACILITIES. IN SEPTEMBER 2016, THE ENDOWMENT TRANSFERRED LAND TO LOTUS VILLAGE DEVELOPMENT WHICH CONSISTED OF ELEVEN PARCELS OF PROPERTY NOW BEARING THE CONSOLIDATED ADDRESS OF 217 NW 15TH STREET, MIAMI FL. FOR THE PURPOSE OF DEVELOPING THE CONSTRUCTION AND DEVELOPMENT OF COMPREHENSIVE HOMELESS SERVICES FACILITY TOGETHER WITH HEALTH CLINIC AND THE CHILDCARE CENTER. UPON REMOVAL OF THE ELEVEN PARCELS OF LAND FOR THE REDEVELOPMENT, TWO PROPERTIES REMAINED UNDER THE ORIGINAL LEASE FOR USE BY THE FOUNDATION: 2040 NW 7TH AVENUE AND 420 NW 35TH STREET (REMAINING PROPERTIES). ON SEPTEMBER 16, 2016 THE AFOREMENTIONED LEASE FOR THE FACILITY WAS TERMINATED AS TO THE TRANSFER PROPERTIES AND A NEW LEASE WAS ENTERED INTO IN CONNECTION WITH THE NEW MARKET TAX CREDIT FINANCING BETWEEN LOTUS VILLAGE DEVELOPMENT LLC AS LESSOR AND SUNDARI FOUNDATION AS LESSEE. THE FOUNDATION HAS RECORDED AN IN-KIND CONTRIBUTION AND RENT EXPENSE OF 231,215 AND 262,086 FOR THE USE OF THE FACILITIES UNDER THE LEASE AGREEMENT FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, RESPECTIVELY. THIS AMOUNT APPROXIMATES THE FAIR MARKET VALUE OF RENT EXPENSE. IN OCTOBER 2021, LOTUS ENDOWMENT FUND, INC. AMENDED ITS EXISTING MASTER LEASE WITH THE FOUNDATION, INC. FOR A NEW PARCEL OF VACANT LAND LOCATED AT 233-235 NW 14TH TERRACE, MIAMI, WHICH WAS SUBSEQUENTLY TRANSFERRED IN JANUARY 2022 BY THE ENDOWMENT TO ITS WHOLLY OWNED SUBSIDIARY, LOTUS VILLAGE II, LLC. UPON TRANSFER IT WAS RELEASED FROM THE ORIGINAL MASTER LEASE AND LOTUS VILLAGE II, LLC ENTERED INTO A NEW MASTER LEASE OF THE SAME PARCEL OF LAND AND ADDITIONAL PARCELS OF LAND IN JANUARY-APRIL 2022, SUBJECT TO A PURCHASE MONEY MORTGAGE IN FAVOR OF LOTUS ENDOWMENT, FOR THE PROSPECTIVE DEVELOPMENT OF THE CHILDREN'S VILLAGE AT LOTUS VILLAGE, A PLANNED CHILDREN'S RESOURCE CENTER, LOCATED AT 205, 211, 213, 219, 225, AND 233-35 NW 14TH TERRACE AND 1460 NW 2ND AVENUE, MIAMI. THE PROPERTIES ARE USED BY THE FOUNDATION FOR VARIOUS ACTIVITIES BUT REMAINS IN DEVELOPMENT AT THIS TIME BY LOTUS VILLAGE II, LLC. NO RENT IS DUE UNTIL SUCH TIME AS THE FOUNDATION TAKES OCCUPANCY OF THE NEW CHILDREN'S VILLAGE. IN APRIL 2023, THE MASTER LEASE FROM LOTUS VILLAGE II, LLC TO THE FOUNDATION WAS AMENDED AND RESTATED TO FACILITATE THE DEVELOPMENT OF THE CHILDREN'S VILLAGE AS PART OF THE NEW MARKET TAX CREDIT FINANCING FOR THE DEVELOPMENT. IN MAY 2024 THROUGH AUGUST 2024, LOTUS VILLAGE III, LLC, A SUBSIDIARY OF LOTUS ENDOWMENT, INC., ENTERED INTO A MASTER LEASE WITH THE FOUNDATION FOR SEVERAL PARCELS OF LAND IN CLOSE PROXIMITY TO LOTUS VILLAGE. THE PROPERTIES ARE USED BY THE FOUNDATION FOR VARIOUS ACTIVITIES, PENDING POSSIBLE FUTURE DEVELOPMENT. NO RENT IS DUE UNTIL SUCH TIME AS THE FOUNDATION TAKES OCCUPANCY. THE SUNDARI FOUNDATION INC. DID NOT INCUR LOBBYING EXPENDITURES FOR SCH C PART II-A IN THE PREVIOUS TWO YEARS.