Lemon-Aide Fund

Foundation · Grantmaker Nashville, TN EIN: 83-4067269

Lemon-Aide Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 9 grants totaling $699K. Net investment income was $8K.

Key facts about Lemon-Aide Fund

EIN
83-4067269
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$699,164
Grants made (2024)
9
Average grant
$77,685
Median grant
$30,011
Primary geography
Tennessee (63% of itemized 2024 grant dollars)

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

Who Lemon-Aide Fund funds

By grant dollars, the top recipient states for Lemon-Aide Fund's 9 itemized 2024 grants were Tennessee (63%) and Ohio (37%). The most frequent recipient cities were Nashville, TN (5 grants) and Cincinnati, OH (2 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Organizational Activities" (9 grants).

How Lemon-Aide Fund gives

  • Giving grew 774% from 2021 to 2024. Method
  • In 2023 it paid out 360% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Lemon-Aide Fund

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$699K

+292.9% YoY

Grant Count

9

+80.0% YoY

Avg Grant Size

$78K

+118.3% YoY

About Lemon-Aide Fund

Based on IRS filings

Lemon-Aide Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 9 grants totaling $699K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 9 itemized 2024 grant dollars.

Cities

NashvilleCincinnatiClarksvilleNashvillleSrpingfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets—$802,488$1,165,783
Revenue$13,893$18,706$16,906
Expenses$704,559$179,064$69,088
Qualifying Distributions$699,164$177,964$68,502
Net Investment Income$8,498$17,606$16,320
Distributable Amount—$49,375$63,779

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K1 grants20202 grants20214 grants20225 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Nashville Public Library: $297KNashville Public Library$297KFidelity Charitable: $257K across 2 grantsFidelity Charitable$257K · 2 grantsAdventure Science Museum: $49KAdventure Science Museum$49KOasis Center: $30KOasis Center$30KNashville Public Radio: $20KNashville Public Radio$20KNashville Children's Theatre: $20KNashville Children's Theatre$20KGateway STEM: $16KGateway STEM$16KMontessori Academy: $10KMontessori Academy$10K

Grant Size Distribution

21 grants across all recorded years

18<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Nashville Public Library ($296,600), Fidelity Charitable ($257,340 across 2 grants), Adventure Science Museum ($49,005).

RecipientPurposeAmount
NASHVILLE PUBLIC LIBRARY Nashville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$296,600
FIDELITY CHARITABLE Cincinnati, OHTO SUPPORT ORGANIZATIONAL ACTIVITIES$220,000
ADVENTURE SCIENCE MUSEUM Nashville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$49,005
FIDELITY CHARITABLE Cincinnati, OHTO SUPPORT ORGANIZATIONAL ACTIVITIES$37,340
OASIS CENTER Nashville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$30,011
NASHVILLE PUBLIC RADIO Nashville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$20,101
NASHVILLE CHILDREN'S THEATRE Nashville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$20,007
GATEWAY STEM Srpingfield, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$16,100
MONTESSORI ACADEMY Clarksville, TNTO SUPPORT ORGANIZATIONAL ACTIVITIES$10,000

Leadership & Key People

Officers and directors from IRS filings

Lemon-Aide Fund is led by Alan Krantz, President since 2021 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alan Krantz

    President

    Director & President → President, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • John Teselle

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tom Teller

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sara Derks

    Secretary

    Director & Secretary → Secretary, 2021

    On filings since 2020

    3 hrs/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.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lemon-Aide Fund?

Lemon-Aide Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. It holds — in total assets as of 2024.

Where does Lemon-Aide Fund operate?

Lemon-Aide Fund has awarded grants in Ohio, Tennessee.

What size grants does Lemon-Aide Fund award?

In 2024, Lemon-Aide Fund awarded 9 grants totaling $699K — an average of about $78K per grant, based on its IRS Form 990 filings.

What is Lemon-Aide Fund's EIN?

Lemon-Aide Fund's EIN (Employer Identification Number) is 83-4067269. IRS Form 990 filing data is available on this page for 2020–2024.

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

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