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Lerner Family Foundation Inc. is a private corporation based in SALISBURY, NC. The foundation received its IRS ruling in 1992. It holds total assets of $5.7M. Annual income is reported at $2.4M. According to available records, Lerner Family Foundation Inc. has made 5 grants totaling $1.3M, with a median grant of $250K. Annual giving has grown from $247K in 2020 to $340K in 2023. Grantmaking activity was highest in 2022 with $500K distributed across 2 grants. Individual grants have ranged from $247K to $340K, with an average award of $267K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Lerner Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NC.
Lerner Family Foundation Inc. has distributed a total of $1.3M across 5 grants. The median grant size is $250K, with an average of $267K. Individual grants have ranged from $247K to $340K.
Lerner Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lerner Family Foundation Inc. is headquartered in SALISBURY, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carly Korman | DIRECTOR | $0 | $0 | $0 |
| Richard Lerner | PRES./TREA./ | $0 | $0 | $0 |
| Amanda Lerner | SECRETARY/DI | $0 | $0 | $0 |
| Dena Lerner | DIRECTOR | $0 | $0 | $0 |
| Marly Lerner | DIRECTOR | $0 | $0 | $0 |
Total Giving
$418K
Total Assets
$5.4M
Fair Market Value
$6.7M
Net Worth
$5.4M
Grants Paid
$340K
Contributions
$0
Net Investment Income
$99K
Distribution Amount
$342K
Total: $4.5M
Total Grants
5
Total Giving
$1.3M
Average Grant
$267K
Median Grant
$250K
Unique Recipients
1
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleOPERATING SUPPORT | See Schedule Attached, NC | $340K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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