Jim B Lemon Foundation Inc

Private foundation · Grantmaker Verona, WI EIN: 92-2515532

Jim B Lemon Foundation Inc is a private foundation, based in Verona, WI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $38K in total assets. In 2024, it awarded 1 grant totaling $205K. Net investment income was $1K.

Key facts about Jim B Lemon Foundation Inc

In short: Jim B Lemon Foundation Inc gave $205K across 1 grant in 2024 (avg $205K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.

EIN
92-2515532
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$205,200
Grants made (2024)
1
Average grant
$205,200
Median grant
$205,200
Total assets
$37,903
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38K

-66.3% YoY

Annual Giving

$205K

+294.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$205K

+294.6% YoY

Under IRS private-foundation payout rules, Jim B Lemon Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

How Jim B Lemon Foundation Inc gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Madison

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $52K (2023) to $205K (2024). In 2024 it made 1 grant totaling $205K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

University of Wisconsin Foundation: $205KUniversity of WisconsinFoundation$205K

The largest 2024 recipient was University of Wisconsin Foundation ($205K).

Grant Size Distribution

2 grants across all recorded years

<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Wisconsin Foundation Madison, WI$195,200 to uw carbone cancer center innovation fund and $10,000 to pancreatic cancer research greatest need fund$205,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2023 2024
Metric20242023
Total Assets$37,903$112,348
Revenue$209,715$243,153
Expenses$284,177$130,805
Qualifying Distributions$284,175$130,805
Net Investment Income$1,326$178
Distributable Amount$4,396$3,912

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Jim B Lemon Foundation Inc is led by Kathryn Lemon, President & Treasurer on every filing since 2023; none of the 11 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kathryn Lemon

    President & Treasurer

    On filings since 2023

    8 hrs/week

    No compensation reported

  • Christopher Tierney

    Chairman

    On filings since 2023

    1 hr/week

    No compensation reported

  • Brent Conwell

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • James Caulkins

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • James Imhoff

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Josh Pelletter

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Mark Meloy

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Michael Oliphant

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Val Fernandez

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jane Tereba

    Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kyle Pitzner

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Jim B Lemon Foundation Inc

How much does Jim B Lemon Foundation Inc give each year?

Jim B Lemon Foundation Inc gave $205K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 1 grant.

How large is Jim B Lemon Foundation Inc?

Jim B Lemon Foundation Inc reported $38K in total assets on its 2024 IRS Form 990-PF. It paid out $284K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does Jim B Lemon Foundation Inc operate?

Jim B Lemon Foundation Inc has awarded grants in Wisconsin.

What is Jim B Lemon Foundation Inc's EIN?

Jim B Lemon Foundation Inc's EIN (Employer Identification Number) is 92-2515532. IRS Form 990 filing data is available on this page for 2023–2024.

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

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