Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Karen Lerner Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2019. The principal officer is Karen Lerner. It holds total assets of $1.3M. Annual income is reported at $1.2M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Karen Lerner Family Foundation has made 11 grants totaling $201K, with a median grant of $10K. Annual giving has decreased from $45K in 2020 to $11K in 2022. Grantmaking activity was highest in 2021 with $145K distributed across 5 grants. Individual grants have ranged from $500 to $100K, with an average award of $18K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and Pennsylvania and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$25K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Karen Lerner Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NY, PA, IL.
Karen Lerner Family Foundation has distributed a total of $201K across 11 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $500 to $100K.
Karen Lerner Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karen Lerner Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashley Olden | SEC/TREASURER | $0 | $0 | N/A |
| Karen Lerner | PRESIDENT | $0 | $0 | N/A |
Total Giving
$131K
Total Assets
$578K
Fair Market Value
$1.2M
Net Worth
$578K
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$57K
Total: N/A
Total Grants
11
Total Giving
$201K
Average Grant
$18K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Animal Medical CenterCARE FOR COMPANION ANIMALS | New York, NY | $10K | 2022 |
| Alzheimers AssociationRESEARCH FOR MENTALLY ILL | Chicago, IL | $500 | 2022 |
| Emotions MatterSUPPORT FOR PERSONS WITH BODERLINE DISORDER | Garden City, NY | $100K | 2021 |
| Childmind CenterMENTAL HEALTH AND LEARNING DISABILITES IN CHILDREN | New York, NY | $25K | 2021 |
| American Association For Suicide PreventionSUICIDE PREVENTION | New York, NY | $5K | 2021 |
| Camphill FoundationCOMMUNITY SUPPORT | Uwchland, PA | $5K | 2021 |