Lebermann Foundation

Private foundation · Grantmaker Victoria, TX EIN: 27-0941196

Lebermann Foundation is a private foundation, based in Victoria, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $16.1M in total assets. In 2025, it awarded 4 grants totaling $1.1M. Net investment income was $889K.

Key facts about Lebermann Foundation

In short: Lebermann Foundation gave $1.1M across 4 grants in 2025 (avg $268K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
27-0941196
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,070,000
Grants made (2025)
4
Average grant
$267,500
Median grant
$150,000
Total assets
$16,123,673
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$16.1M

-1.2% YoY

Annual Giving

$1.1M

+17.6% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$268K

+47.0% YoY

Under IRS private-foundation payout rules, Lebermann Foundation reported a distributable amount of $1.0M for 2025 — the minimum it must pay out in qualifying distributions.

How Lebermann Foundation gives

  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out 104% of 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 2025 grant dollars across all 4 itemized grants.

States

Cities

AustinMarfa

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M9 grants2020 8 grants2021 6 grants2022 4 grants2023 5 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $840K (2020) to $1.1M (2025). In 2025 it made 4 grants totaling $1.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Austin Community Foundation: $695KAustin Community Foundation$695KLBJ Foundation: $200KLBJ Foundation$200KUniv of TX Austin - Enhance Lowell H Lebermann Endowed CHR-Dell Medical Sch: $100KUniv of TX Austin - EnhanceLowell H Lebermann Endowed…$100KThe University of Texas at Austin - the Annette Strauss Institute: $75KThe University of Texas atAustin - the Annette Strauss…$75K

The largest 2025 recipient was Austin Community Foundation ($695K). Together the top 4 received $1.1M.

Grant Size Distribution

27 grants across all recorded years

3<$50K6$50–100K14$100–250K2$250–500K2$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 14 grants of 27 (52%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Austin Community Foundation Austin, TXSupport General Operations - Program Support$695,000
LBJ Foundation Austin, TXSupport endowment which will ensure the continuation of educational programs$200,000
Univ of TX Austin - Enhance Lowell H Lebermann Endowed CHR-Dell Medical Sch Austin, TXSupport the school to ensure it becomes a world-class academic medical center$100,000
The University of Texas at Austin - the Annette Strauss Institute Austin, TXSupport the Annette Strauss Institute for Civic Life$75,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$16,123,673$16,312,218$16,173,085
Revenue$956,992$1,117,654$759,683
Expenses$1,145,537$978,521$1,014,041
Qualifying Distributions$1,075,954$915,666$955,602
Net Investment Income$888,554$1,052,176$696,963
Distributable Amount$1,033,457$980,099$902,191

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 18, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Lebermann Foundation is led by Virginia Drake Lebermann, Chairman & President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Virginia Drake Lebermann

    Chairman & President

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Clarke Heidrick

    Secretary

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Sandy Gottesman

    Treasurer

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Cynthia Keever (2020–2024) — Treasurer

Data from IRS Form 990 filings, 2020–2025. "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 Lebermann Foundation

How much does Lebermann Foundation give each year?

Lebermann Foundation gave $1.1M across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $910K across 5 grants.

What is Lebermann Foundation's typical grant size?

Lebermann Foundation's median grant in 2025 was $150,000, and its average grant was $267,500, across 4 grants on its 2025 IRS Form 990-PF.

Where does Lebermann Foundation give grants?

Lebermann Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Austin, TX (4 grants).

Does Lebermann Foundation give general operating support?

Yes: 25% of Lebermann Foundation's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Lebermann Foundation?

Lebermann Foundation reported $16.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets).

What is Lebermann Foundation's EIN?

Lebermann Foundation's EIN (Employer Identification Number) is 27-0941196. IRS Form 990 filing data is available on this page for 2020–2025.

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

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