Louis C Lerner Foundation

BOCA RATON, FL EIN: 04-6282473

Louis C Lerner Foundation is a private foundation, based in BOCA RATON, FL. IRS filing data is available for 2020. As of 2020, the organization holds $222K in total assets. In 2020, it awarded 4 grants totaling $4K. Net investment income was $5K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$222K

Annual Giving

$4K

Grant Count

Avg Grant Size

$1K

Under IRS private-foundation payout rules, Louis C Lerner Foundation reported a distributable amount of $9K for 2020 — the minimum it must pay out in qualifying distributions.

About Louis C Lerner Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $1K (25%)

Florida $1K (25%)

Kentucky $1K (25%)

Texas $1K (25%)

States

Arizona Florida Kentucky Texas

Cities

AuburnBoca RatonFredrickburgPrescott

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	$222,416
Revenue	$4,859
Expenses	$10,248
Qualifying Distributions	—
Net Investment Income	$4,859
Distributable Amount	$8,800

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2020

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Admiral Nimitz Foundation ($1,000), Auburn Historical Society ($1,000), Estonian Relief Committee ($1,000).

Recipient	Purpose	Amount
ADMIRAL NIMITZ FOUNDATION FREDRICKBURG, TX	DEDICATED TO TELLING STORY OF WW-2	$1,000
AUBURN HISTORICAL SOCIETY AUBURN, KY	PROMOTE EDC & CUL TO RESIDENTS COMM	$1,000
ESTONIAN RELIEF COMMITTEE BOCA RATON, FL	ASSIST /HELP POOR & NEEDY	$1,000
SALVATION ARMY PRESCOTT AZ PRESCOTT, AZ	TO HELP THE NEEDY	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
DEZIE R LERNER	TRUSTEE	—	—
RSCIMINO	TRUSTEE	—	—

Frequently Asked Questions

How large is Louis C Lerner Foundation?

As of 2020, Louis C Lerner Foundation holds $222K in total assets with $5K in annual revenue. It awarded 4 grants totaling $4K in 2020.

Where does Louis C Lerner Foundation operate?

Louis C Lerner Foundation has awarded grants in Arizona, Florida, Kentucky, Texas.

What size grants does Louis C Lerner Foundation award?

In 2020, Louis C Lerner Foundation awarded 4 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Louis C Lerner Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Louis C Lerner Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.