Lermitage Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953873924 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lermitage Foundation?

The Lermitage Foundation is a 501(c)(3) nonprofit organization, committed to supporting children's charities. They accomplish this by directly distributing all their available funds to qualified, tax-exempt charitable organizations. Although the exact number of individuals benefiting from their contributions cannot be determined, it's evident that their mission is centered around contributing to the betterment of children's lives. All expenses incurred by the foundation are directly related to its functioning, ensuring that every penny goes towards achieving its objective. The Lermitage Foundation serves as a dedicated resource for channeling funds towards charitable causes aimed at improving the lives of children.


Official website here: www.lermitagefoundation.org

Is Lermitage Foundation legitimate?

Lermitage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lermitage Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.lermitagefoundation.org

What is the mission statement of Lermitage Foundation?

The Lermitage Foundation, being a 501(c)(3) nonprofit organization, is committed to raising funds for children's charities. All its available funds are directly distributed to eligible charities, though the exact number of beneficiaries cannot be precisely determined. The foundation's expenses are solely dedicated to its operational activities, ensuring that all donations are utilized effectively for their intended purpose. The Lermitage Foundation serves as a philanthropic entity, channeling resources towards charities that prioritize the welfare of children.


Official website here: www.lermitagefoundation.org

Who is the CEO of Lermitage Foundation?

Renee L Cherniak is the Executive Director of Lermitage Foundation.


Official website here: www.lermitagefoundation.org

What is the revenue of Lermitage Foundation?

Lermitage Foundation's revenue in 2023 was $36,401.


Official website here: www.lermitagefoundation.org

Who are the executives of Lermitage Foundation and what are their salaries?


Here are 3 key members and their salaries:


Renee L Cherniak (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Severyn Ashkenazy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lermitagefoundation.org

Where can I find the form 990EZ for Lermitage Foundation?

Lermitage Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.lermitagefoundation.org

Learn more at the official website: www.lermitagefoundation.org

Mission Statement of Lermitage Foundation

The Lermitage Foundation, as a 501(c)(3) organization, is dedicated to supporting children's charities. Its primary goal is to raise funds that are then directly distributed to eligible nonprofit entities. The foundation ensures that all available funds are utilized, though it's not possible to estimate the exact number of individuals benefiting from these contributions. All expenses incurred by the foundation are directly tied to its operational functions, highlighting its commitment to efficiency and transparency. The Lermitage Foundation serves as a crucial source of financial aid for various children's charities, contributing to their mission of uplifting and supporting young lives.

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Impact




August, 2024

Lermitage Foundation's impact is focused on raising funds for children's charities. The Foundation ensures that all available funds are distributed directly to 501(c)(3) entities, making a tangible difference in the lives of children in need. By prioritizing the efficient allocation of resources and maintaining transparency in its operations, Lermitage Foundation plays a vital role in supporting and improving the well-being of children served by various charitable organizations.




This information is meant to be a general summary of Lermitage Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$36,401 (2023)
Expenses
$31,374 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $36,401

Assets and Liabilities:

  • Total Assets: $11,891
  • Total Liabilities: $0
  • Net Assets: $11,891

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Organization Details

Principal Officer

Renee L Cherniak

Main Address

11724 GWYNNE LANE, LOS ANGELES, CA, 90077

NTEE Category

Code: T30 - Philanthropy

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