The Lester Fund Inc
The Lester Fund Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. In 2024, it made $3K in qualifying distributions.
The Lester Fund Inc at a glance
- Qualifying distributions (2024)
- $2,587
- Expenses (2024)
- $2,587
- +93.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Lester Fund Inc funds
How this funder distributes its grants
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Lester Fund Inc gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $5K (2022) to $51K (2020). In 2022 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NYC Employment and Training Coalition New York, NY | Operating Support | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | — | — | $2,587 | — | — | $2,587 | $64 |
| 2023 | $2,587 | — | $1,340 | — | — | — | $160 |
| 2022 | $3,927 | $10,000 | $11,463 | $5,000 | 1 | $11,463 | $229 |
| 2021 | $5,390 | — | $34,510 | $30,000 | 1 | $34,510 | $1,115 |
| 2020 | $39,900 | — | $65,934 | $50,750 | 4 | — | $3,574 |
Under IRS private-foundation payout rules, The Lester Fund Inc reported a distributable amount of $64 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Lester Fund Inc is led by Bonnie Potter, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bonnie Potter
President & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Tina Potter
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Lester Fund Inc
Where does The Lester Fund Inc operate?
The Lester Fund Inc has awarded grants in New York, Virginia.
How much is The Lester Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lester Fund Inc reported a distributable amount of $64 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lester Fund Inc's EIN?
The Lester Fund Inc's EIN (Employer Identification Number) is 26-3909321. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Lester Fund Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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