Karen Lerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+119.1% YoY
Annual Giving
$89K
-29.2% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$18K
-43.4% YoY
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.
About Karen Lerner Family Foundation
Based on IRS filings
Karen Lerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,265,336 | $577,588 | $714,311 |
| Revenue | $701,097 | $19,191 | $18,351 |
| Expenses | $94,922 | $130,914 | $17,246 |
| Qualifying Distributions | $88,500 | $125,000 | $10,500 |
| Net Investment Income | $694,675 | $19,191 | $18,351 |
| Distributable Amount | $54,701 | $57,157 | $59,244 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Ohio State University ($50,000), Child Mind Institiute ($25,000), Emotions Matter ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PLOWSHARE FARM GREENFIELD, NH | SOCIAL DEVELOPMENT | $1,000 |
| 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 |
| THE OHIO STATE UNIVERSITY COLUMBUS, OH | VETERINARY TRAINING FUND | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN LERNER | PRESIDENT | 5 | — |
| ASHLEY OLDEN | SEC/TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karen Lerner Family Foundation?
Karen Lerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $1.3M in total assets as of 2024.
How large is Karen Lerner Family Foundation?
As of 2024, Karen Lerner Family Foundation holds $1.3M in total assets with $701K in annual revenue. It awarded 5 grants totaling $89K in 2024.
Where does Karen Lerner Family Foundation operate?
Karen Lerner Family Foundation has awarded grants in Illinois, New Hampshire, New York, Ohio, Pennsylvania.
What size grants does Karen Lerner Family Foundation award?
In 2024, Karen Lerner Family Foundation awarded 5 grants totaling $89K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Karen Lerner Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen Lerner Family Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Karen Lerner Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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