The Lerman Family Foundation
The Lerman Family Foundation is a private foundation focused on Arts and culture, based in Philadelphia, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.0M in total assets. In 2025, it awarded 3 grants totaling $324K. Net investment income was $221K.
Key facts about The Lerman Family Foundation
In short: The Lerman Family Foundation gave $324K across 3 grants in 2025 (avg $108K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 51-0169039
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $324,016
- Grants made (2025)
- 3
- Average grant
- $108,005
- Median grant
- $20,000
- Total assets
- $6,040,858
- Primary geography
- New York (93% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.0M
-1.4% YoY
Annual Giving
$324K
+7.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$108K
+7.5% YoY
Under IRS private-foundation payout rules, The Lerman Family Foundation reported a distributable amount of $366K for 2025 — the minimum it must pay out in qualifying distributions.
How The Lerman Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $301K (2024) to $326K (2023). In 2025 it made 3 grants totaling $324K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Jewish Communal Fund ($302K). Together the top 3 received $324K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 12 grants of 18 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Communal Fund New York, NY | General Support | $302,216 |
| David Lerman & Shelley Wallock - Donor Advised Fund Philadelphia, PA | General Support | $20,000 |
| Chevra Kadisha of Alliance Vineland, NJ | General Support | $1,800 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,040,858 | $6,127,738 | $6,775,531 |
| Revenue | $310,303 | $-173,909 | $338,121 |
| Expenses | $444,350 | $468,682 | $547,737 |
| Qualifying Distributions | $354,687 | $330,455 | $358,524 |
| Net Investment Income | $220,640 | — | $141,695 |
| Distributable Amount | $365,830 | $351,179 | $334,444 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
The Lerman Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Lerman
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Jeanette Lerman Neubauer
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Lerman Family Foundation
How much does The Lerman Family Foundation give each year?
The Lerman Family Foundation gave $324K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $301K across 3 grants.
What is The Lerman Family Foundation's typical grant size?
The Lerman Family Foundation's median grant in 2025 was $20,000, and its average grant was $108,005, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Lerman Family Foundation give grants?
The Lerman Family Foundation gives mostly in New York: 93% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (6%).
Does The Lerman Family Foundation give general operating support?
Yes: 100% of The Lerman Family Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Lerman Family Foundation?
The Lerman Family Foundation reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $366K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Lerman Family Foundation?
The Lerman Family Foundation is a private foundation focused on Arts and culture, based in Philadelphia, PA. It holds $6.0M in total assets as of 2025.
What is The Lerman Family Foundation's EIN?
The Lerman Family Foundation's EIN (Employer Identification Number) is 51-0169039. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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