Lernihan-schramm Foundation
Lernihan-schramm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 5 grants totaling $123K. Net investment income was $90K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-1.3% YoY
Annual Giving
$123K
+0.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$25K
+0.0% YoY
Under IRS private-foundation payout rules, Lernihan-schramm Foundation reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.
About Lernihan-schramm Foundation
Based on IRS filings
Lernihan-schramm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 5 grants totaling $123K. Net investment income was $90K.
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 | $2,347,839 | $2,379,662 | $2,397,785 |
| Revenue | $123,054 | $137,591 | $82,110 |
| Expenses | $154,877 | $155,714 | $161,491 |
| Qualifying Distributions | $125,363 | $125,000 | $127,000 |
| Net Investment Income | $90,434 | $43,259 | $46,619 |
| Distributable Amount | $118,670 | $124,460 | $122,013 |
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
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Oasis- a Haven for Women and Children ($31,000), Backpacks for Life Inc ($26,000), Maryknoll Sisters of St Dominic ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BACKPACKS FOR LIFE INC JERSEY CITY, NY | CHARITABLE | $26,000 |
| EVA'S VILLAGE PATERSON, NJ | CHARITABLE | $22,000 |
| KILLA WASI FOUNDATION SPRINGFIELD, MO | CHARITABLE | $20,000 |
| MARYKNOLL SISTERS OF ST DOMINIC OSSING, NY | CHARITABLE | $24,000 |
| OASIS- A HAVEN FOR WOMEN AND CHILDREN PATERSON, NJ | CHARITABLE | $31,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY J SCHRAMM | TRUSTEE | 3 | — |
| JACQUELYN M HONCULADA | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lernihan-schramm Foundation?
Lernihan-schramm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAYNE, NJ. It holds $2.3M in total assets as of 2024.
How large is Lernihan-schramm Foundation?
As of 2024, Lernihan-schramm Foundation holds $2.3M in total assets with $123K in annual revenue. It awarded 5 grants totaling $123K in 2024.
Where does Lernihan-schramm Foundation operate?
Lernihan-schramm Foundation has awarded grants in Missouri, New Jersey, New York.
What size grants does Lernihan-schramm Foundation award?
In 2024, Lernihan-schramm Foundation awarded 5 grants totaling $123K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Lernihan-schramm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lernihan-schramm Foundation reported a distributable amount of $119K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lernihan-schramm Foundation's EIN?
Lernihan-schramm Foundation's EIN (Employer Identification Number) is 27-6212857. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.