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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 $6.2M. Annual income is reported at $2.9M. Total assets have grown from $3.8M in 2010 to $5.4M in 2022. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. 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.
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.
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 |
|---|---|---|---|---|
| Dena Lerner | DIRECTOR | $0 | $0 | N/A |
| Marly Lerner | DIRECTOR | $0 | $0 | N/A |
| Carly Korman | DIRECTOR | $0 | $0 | N/A |
| Richard Lerner | PRES./TREA./ | $0 | $0 | N/A |
| Amanda Lerner | SECRETARY/DI | $0 | $0 | N/A |
Total Giving
$418K
Total Assets
$5.4M
Fair Market Value
$6.7M
Net Worth
$5.4M
Grants Paid
$340K
Contributions
N/A
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 |