Emanuel & Pauline A Lerner Foundation
- Assets
- $0.0
- Revenue
- $332.3k
- Investments
- $3.6m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 11/2007
- Data as of
- 12/2020
- EIN
- 20-8797462
Organization Overview
Emanuel & Pauline A Lerner Foundation is located in Portland, ME. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emanuel & Pauline A Lerner Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Emanuel & Pauline A Lerner Foundation generated $332.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.0%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Emanuel & Pauline A Lerner Foundation has awarded 74 individual grants totaling $3,066,854. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN RESPONSE TO THE SIGNIFICANT FINANCIAL HARDSHIP THE COVID-19 PANDEMIC HAD ON THE ECONOMY IN 2020 THE FOUNDATION ACTED QUICKLY TO PROVIDE NEED-BASED SUPPORT TO SEVERAL FAMILIES THAT ARE SUPPORTED BY THE VARIOUS ORGANIZATIONS LISTED IN PART XV. THE FOUNDATION'S SUPPORT HELP TO WITH THE COST OF NECESSARY FOOD AND ITEMS FOR SEVERAL FAMILIES IN CRITICAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin M Cinelli Executive Director | 40 | $118,759 | |
Eliot R Cutler President | 5 | $25,000 | |
Melanie S Cutler MD Director | 1 | $0 | |
Catharine Biddle PHD Director | 1 | $0 | |
Justin Schair Director | 1 | $0 | |
Krystal Williams Director (part Year) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,200 |
| Interest on Savings | $32 |
| Dividends & Interest | $103,141 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,641 |
| Total Revenue | $332,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $196,739 |
| Pension plans, employee benefits | $52,178 |
| Depreciation | $590 |
| Occupancy | $22,582 |
| Travel, conferences, and meetings | $3,338 |
| Printing and publications | $602 |
| Total operating and administrative expenses | $515,423 |
| Contributions, gifts, grants paid | $580,776 |
| Total expenses and disbursements | $1,096,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,602 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,546,117 |
| Other assets | $1,706 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Emanuel & Pauline A Lerner Foundation has awarded $610,466 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MAINE SEACOAST MISSION PURPOSE: FUNDING SUPPORT FOR THE EDGE PROGRAM; ASPIRATIONS INCUBATOR PROGRAM | $138,691 |
Wiscasset, ME PURPOSE: ASPIRATIONS INCUBATOR PROGRAM | $123,946 |
UNIVERSITY OF MAINE PURPOSE: FUNDING SUPPORT FOR THE BRYANT POND 4-H CAMP AND LEARNING CENTER; ASPIRATIONS INCUBATOR PROGRAM | $109,022 |
OLD-TOWN ORONO YMCA PURPOSE: ASPIRATIONS INCUBATOR PROGRAM | $94,903 |
Belfast, ME PURPOSE: ASPIRATIONS INCUBATOR PROGRAM | $89,904 |
Biddefrord, ME PURPOSE: ASPIRATIONS INCUBATOR PROGRAM | $54,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J Blair And Tena Frank Foundation Portland, ME | $25,306,261 | -$7,590,090 |
Emanuel & Pauline A Lerner Foundation Portland, ME | $0 | $332,272 |
Partners In Island Education Inc Vinalhaven, ME | $1,266,224 | $277,237 |
Katharine A Heberton Charitable Tr Bedford, NH | $1,871,068 | $278,472 |
Patriarchs Club Harmony, ME | $471,065 | $0 |
Lakes Region Community Services Foundation Laconia, NH | $439,493 | $81,792 |
New Hampshire Troopers Foundation Inc Concord, NH | $137,314 | $0 |
Austin17house Raymond, NH | $44,806 | $0 |
Seed Moon Foundation Portland, ME | $464,931 | $102,653 |
Emerson And Ruth Mccourt Charitable Tr Fbo Nhctc & Keene State Portsmouth, NH | $1,439,903 | $39,311 |
Responsible Recycling Charitable Foundation Rochester, NH | $20,809 | $0 |
Sunny Bunch Family Foundation Inc Cape Elizabeth, ME | $920,964 | $41,610 |