Arthur J & Mary C Lerman Charitable

LOUISVILLE, KY EIN: 61-1108075

Arthur J & Mary C Lerman Charitable is a private foundation, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 6 grants totaling $134K. Net investment income was $159K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

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

About Arthur J & Mary C Lerman Charitable

Based on IRS filings

Arthur J & Mary C Lerman Charitable is a private foundation, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 6 grants totaling $134K. Net investment income was $159K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

LouisvilleMundeleinNew YorkNewportPalm Beach

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

31 grants across all recorded years

26<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & 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

Related Funders

Similar funders by location and focus area

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

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