Lerner Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 31 grants totaling $126K. Net investment income was $117K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+28.1% YoY
Annual Giving
$126K
-11.6% YoY
Grant Count
31
-27.9% YoY
Avg Grant Size
$4K
+22.6% YoY
Under IRS private-foundation payout rules, Lerner Foundation reported a distributable amount of $190K for 2024 — the minimum it must pay out in qualifying distributions.
About Lerner Foundation
Based on IRS filings
Lerner Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 31 grants totaling $126K. Net investment income was $117K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,051,225 | $1,601,376 | $1,404,422 |
| Revenue | $587,894 | $342,215 | $366,089 |
| Expenses | $139,282 | $146,261 | $120,480 |
| Qualifying Distributions | $131,264 | $143,932 | $118,813 |
| Net Investment Income | $117,118 | $82,846 | $160,487 |
| Distributable Amount | $190,450 | $145,294 | $139,915 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
193 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Minnesota Foundation ($50,000), Minneapolis Jewish Federation ($20,000), Jewish Family and Children's Services ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADATH JESHURUN CONGREGATION MINNETONKA, MN | GENERAL CHARITABLE PURPOSES | $3,898 |
| AMERICAN FRIENDS OF THE HEBREW NEW YORK, NY | GENERAL CHARITABLE PURPOSES | $1,000 |
| AMERICAN JEWISH COMMITTEE PHILADELPHIA, PA | GENERAL CHARITABLE PURPOSES | $2,000 |
| ANDERSON CENTER RED WING, MN | GENERAL CHARITABLE PURPOSES | $250 |
| BOOKS FOR AFRICA ST PAUL, MN | ACADEMIC PURPOSES | $5,500 |
| HABONIM DROR FOUNDATION MONROVIA, CA | GENERAL CHARITABLE PURPOSES | $1,500 |
| HERLZ CAMP FOUNDATION ST LOUIS PARK, MN | GENERAL CHARITABLE PURPOSES | $500 |
| HIGHLIGHTS FOUNDATION HONESDALE, PA | ACADEMIC PURPOSES | $2,250 |
| HILLEL INTERNATIONAL WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $540 |
| JEWISH FAMILY AND CHILDREN'S SERVICES ST PAUL, MN | GENERAL CHARITABLE PURPOSES | $11,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRY LERNER | PRESIDENT | 0.1 | — |
| MIA LERNER POSADA | VICE PRESIDENT, SECRETARY | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lerner Foundation?
Lerner Foundation is a private foundation focused on Education, based in MINNEAPOLIS, MN. It holds $2.1M in total assets as of 2024.
How large is Lerner Foundation?
As of 2024, Lerner Foundation holds $2.1M in total assets with $588K in annual revenue. It awarded 31 grants totaling $126K in 2024.
Where does Lerner Foundation operate?
Lerner Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New York, Pennsylvania, Washington, Wisconsin.
What size grants does Lerner Foundation award?
In 2024, Lerner Foundation awarded 31 grants totaling $126K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Lerner Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lerner Foundation reported a distributable amount of $190K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lerner Foundation's EIN?
Lerner Foundation's EIN (Employer Identification Number) is 23-7032703. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lerner 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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