Annette M And Theodore N Lerner Family Foundation Inc
- Assets
- $273.9k
- Revenue
- $532.3k
- Investments
- $250.0k
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 01/1988
- Data as of
- 12/2023
- EIN
- 52-1528436
Organization Overview
Annette M And Theodore N Lerner Family Foundation Inc is located in Rockville, MD. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Annette M And Theodore N Lerner Family Foundation Inc 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 12/2023, Annette M And Theodore N Lerner Family Foundation Inc generated $532.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Annette M And Theodore N Lerner Family Foundation Inc has awarded 615 individual grants totaling $30,285,530. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marla L Tanenbaum President & Director | 8 | $2,420 | |
Mark D Lerner V. Pres. & Director | 2 | $0 | |
Debra L Cohen Sec. & Director | 2 | $0 | |
Annette M Lerner Treas. & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $550,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$31,363 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $532,289 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,420 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,575 |
| Contributions, gifts, grants paid | $1,102,680 |
| Total expenses and disbursements | $1,106,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,905 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $250,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $273,905 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Annette M And Theodore N Lerner Family Foundation Inc has awarded $1,479,347 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
A WIDER CIRCLE INC PURPOSE: GENERAL OPERATING SUPPORT - HELP INDIVIDUALS & FAMILIES TO RISE OUT OF POVERTY | $20,000 |
ALS ASSOCIATION THE PURPOSE: PROVIDE SUPPORT TO DISCERN NEEDS AND COORDINATE SERVICES FOR PEOPLE WITH ALS AND THEIR FAMILIES | $15,000 |
ALZHEIMER'S ASSOCIATION (NATIONAL CAPITAL AREA CHAPTER) PURPOSE: PROVIDE VITAL CARE AND SUPPORT PROGRAMS FOR PEOPLE AFFECTED BY ALZHEIMER'S | $1,000 |
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE INC PURPOSE: SUPPORT THE WEIZMANN INSTITUTE'S CRUCIAL MISSION: SCIENCE FOR THE BENEFIT OF HUMANITY | $10,000 |
AMERICAN FRIENDS OF NATAL INC PURPOSE: SUPPORT AND STRENGTHEN NATAL'S IMPORTANT WORK, PROVIDING VITAL ASSISTANCE TO ISRAELIS | $20,000 |
AMERICAN FRIENDS OF SHEBA MEDICAL CENTER PURPOSE: CONTRIBUTION TO THE GAZA WAR EMERGENCY CAMPAIGN - SUPPORT SHEBA MEDICAL CENTER IN ISRAEL | $10,000 |