Arthur J & Mary C Lerman Charitable

LOUISVILLE, KY EIN: 61-1108075

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$1.7M

+1.2% YoY

Annual Giving

$134K

+24.5% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$22K

-17.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$88K$175K$263K$350K202020212022202320242025
Metric202520242023
Total Assets$1,734,628$1,713,663$1,726,620
Revenue$223,618$176,294$-59,216
Expenses$202,653$189,251$166,412
Qualifying Distributions$137,967$111,366$110,940
Net Investment Income$159,109$98,409$8,031
Distributable Amount$158,046$137,967$111,366

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$67K$101K$134K6 grants20206 grants20218 grants20227 grants20234 grants20246 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

CARMEL CATHOLIC HIGH SCH…$60KPALM BEACH DAY ACADEMY$50KLOUISVILLE ORCHESTRA$10KSPEED ART MUSEUM$7KSAINT LEONARD CATHOLIC C…$6KTHE QUEENS DAUGHTERS$1K

Grant Size Distribution

37 grants across all recorded years

32<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Arthur J & Mary C Lerman Charitable fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
MARY C LERMANPRESIDENT4
ROBERT FRANK CORNELLDIRECTOR
JOSEPH EDWARD CORNELLDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

LouisvilleMundeleinNew YorkNewportPalm Beach

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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