Karen Lerner Family Foundation
Karen Lerner Family Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $89K. Net investment income was $695K.
Karen Lerner Family Foundation at a glance
In short: Karen Lerner Family Foundation gave $89K across 5 grants in 2024 (avg $18K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $88,500
- -29.2% vs 2023
- Grants made (2024)
- 5
- +25.0% vs 2023
- Average grant
- $17,700
- -43.4% vs 2023
- Median grant
- $10,000
- Total assets
- $1,265,336
- +119.1% vs 2023
- Primary geography
- Ohio (56% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Karen Lerner Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was The Ohio State University ($50K). Together the top 5 received $89K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 16 grants of 20 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Karen Lerner Family Foundation gives
- Giving fell 39% from 2021 to 2024. Method
- In 2024 it paid out 162% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11K (2022) to $145K (2021). In 2024 it made 5 grants totaling $89K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Ohio State University Columbus, OH | Veterinary Training Fund | $50,000 |
| Child Mind Institiute New York, NY | Help Treat Adolescent Mental Health | $25,000 |
| Emotions Matter Garden City, NY | Peer programs and education for people suffering with boderline personality disorders | $10,000 |
| Camphill Foundation Uwchland, PA | Initiative for Socail Change | $2,500 |
| Plowshare Farm Greenfield, NH | Social Development | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,265,336 | $701,097 | $94,922 | $88,500 | 5 | $88,500 | $694,675 | $54,701 |
| 2023 | $577,588 | $19,191 | $130,914 | $125,000 | 4 | $125,000 | $19,191 | $57,157 |
| 2022 | $714,311 | $18,351 | $17,246 | $10,500 | 2 | $10,500 | $18,351 | $59,244 |
| 2021 | $713,206 | $16,991 | $149,794 | $145,000 | 5 | $145,000 | $16,991 | $70,875 |
| 2020 | $848,846 | $207,511 | $53,065 | $45,000 | 4 | — | $199,924 | $52,985 |
Under IRS private-foundation payout rules, Karen Lerner Family Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Karen Lerner Family Foundation is led by Karen Lerner, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Karen Lerner
President
On filings since 2020
5 hrs/week
No compensation reported
Ashley Olden
Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Karen Lerner Family Foundation
How much does Karen Lerner Family Foundation give each year?
Karen Lerner Family Foundation gave $89K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $125K across 4 grants.
What is Karen Lerner Family Foundation's typical grant size?
Karen Lerner Family Foundation's median grant in 2024 was $10,000, and its average grant was $17,700, across 5 grants on its 2024 IRS Form 990-PF.
Where does Karen Lerner Family Foundation give grants?
Karen Lerner Family Foundation gives mostly in Ohio: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (40%).
Does Karen Lerner Family Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Karen Lerner Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Karen Lerner Family Foundation's largest grantees?
Karen Lerner Family Foundation's largest 2024 grantees include The Ohio State University ($50,000), Child Mind Institiute ($25,000) and Emotions Matter ($10,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is Karen Lerner Family Foundation?
Karen Lerner Family Foundation reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $89K in qualifying distributions that year, against a required minimum of $55K (roughly 5% of its investment assets).
What is Karen Lerner Family Foundation's EIN?
Karen Lerner Family Foundation's EIN (Employer Identification Number) is 83-4394495. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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