The Lerman Family Foundation

Private foundation · Grantmaker Philadelphia, PA EIN: 51-0169039
Arts and cultureMuseumsEducationHigher educationPhilanthropy

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

4states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

New YorkPhiladelphiaVinelandWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K4 grants2021 4 grants2022 4 grants2023 3 grants2024 3 grants2025

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

Jewish Communal Fund: $302KJewish Communal Fund$302KDavid Lerman & Shelley Wallock - Donor Advised Fund: $20KDavid Lerman & Shelley Wallock- Donor Advised Fund$20KChevra Kadisha of Alliance: $2KChevra Kadisha of Alliance$2K

The largest 2025 recipient was Jewish Communal Fund ($302K). Together the top 3 received $324K.

Grant Size Distribution

18 grants across all recorded years

12<$50K$50–100K2$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 18 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish Communal Fund New York, NYGeneral Support$302,216
David Lerman & Shelley Wallock - Donor Advised Fund Philadelphia, PAGeneral Support$20,000
Chevra Kadisha of Alliance Vineland, NJGeneral Support$1,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2021 2022 2023 2024 2025
Metric202520242023
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

  1. 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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