The Lemon Foundation

ARLINGTON, VA EIN: 52-1176430

The Lemon Foundation is a private foundation, based in ARLINGTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.1M in total assets. In 2024, it awarded 1 grants totaling $921K. Net investment income was $2.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.1M

+14.6% YoY

Annual Giving

$921K

-1.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$921K

-1.3% YoY

Under IRS private-foundation payout rules, The Lemon Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

About The Lemon Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $3.9M (100%)

States

Virginia

Cities

Alexandria

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,056,950	$14,888,459	$14,663,519
Revenue	$3,074,852	$1,185,262	$1,070,394
Expenses	$950,361	$955,323	$977,349
Qualifying Distributions	$924,352	$936,570	$947,974
Net Investment Income	$2,065,379	$1,181,509	$1,067,569
Distributable Amount	$1,081,604	$927,881	$929,958

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($920,522).

Recipient	Purpose	Amount
SEE ATTACHED ALEXANDRIA, VA	SEE ATTACHED	$920,522

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES H LEMON JR	PRESIDENT	1	—
ASHLEY LEMON SHAW	VICE PRESIDENT	1	—
ELIZABETH PITZER	DIRECTOR	1	—

Frequently Asked Questions

How large is The Lemon Foundation?

As of 2024, The Lemon Foundation holds $17.1M in total assets with $3.1M in annual revenue. It awarded 1 grants totaling $921K in 2024.

Where does The Lemon Foundation operate?

The Lemon Foundation has awarded grants in Virginia.

What size grants does The Lemon Foundation award?

In 2024, The Lemon Foundation awarded 1 grants totaling $921K — an average of about $921K per grant, based on its IRS Form 990 filings.

How much is The Lemon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lemon Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.