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Lehman Foundation

Tax-deductible

Sidney, OH501(c)(3)Since 1974Education EIN 31-0928867Revenue $296K in FY2025Latest return filed May 15, 2026

On file with the IRSlehmancatholic.com2400 Saint Marys Ave, 45365-9396 · Sidney, OHTax-exempt since Jul 1979Publicly supported — 509(a)(2)

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Lehman high school Foundation supports the students and the Lehman community through engagement and development to secure the school's financial future.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 15 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $143K a year · 45% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
38 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
Looks good: 38.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$60K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$296K
+97% vs prior year
Spent
$127K
To programs
83%
Net assets
$3.6M
By yearFY2021–FY2025
Revenue
$296K
FY2025▲ +97%
Tap a bar for its year
Revenue by fiscal year
FY2021$316K
FY2022$183K
FY2023$651K
FY2024$150K
FY2025$296K
Expenses
$127K
FY2025▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2021$174K
FY2022$348K
FY2023$73K
FY2024$159K
FY2025$127K
Net assets
$3.6M
FY2025▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2021$3.1M
FY2022$2.5M
FY2023$2.8M
FY2024$3.1M
FY2025$3.6M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $106K Management & general 17% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Larry Elsner
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Dan Freytag
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeff Hemm
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Lehman Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports students and community through engagement and development for the school's financial future.

Questions for Lehman Foundation

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2 programs · $106K · in their own filed words · FY2024
01

Development expenses incurred by lehman high school

$63Kprogram expense
02

Scholarships are granted to economically disadvantaged students attending lehman high school. Participating students submit applications annually which are processed and evaluated by a third-party evaluation service. Qualifying applications are then reviewed and approved by the fund's administrator for final scholarship participation.

$43Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Paypal Charitable Giving FundFY2021$17K
Total grants receivedfrom 1 funder$17K
Grants paid · 10 grants · $771K · 2020–2024
Lehman High SchoolFY2024$62,936
Unitemized GrantFY2024$42,600
Unitemized GrantFY2023$73,250
Lehman High SchoolFY2023$64,176
Unitemized GrantFY2022$32,940
Lehman High SchoolFY2022$18,617
Lehman High SchoolFY2021$286,989
Unitemized GrantFY2021$39,000
Lehman High SchoolFY2020$120,055
Unitemized GrantFY2020$30,000

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$296K
Ln 12
Gifts and grantsLn 1h$236K
Investment incomeLn 3$60K
Money outPt IX
$127K
Ln 25
Programscol B$106K
Managementcol C$21K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$404K
Total assetsLn 16$3.7M
LiabilitiesLn 26$60K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$236K
Noncash giftsLn 1g$33K
Investment incomeLn 3$60K
Gains on assetsLn 7$1K
Total revenueLn 12$296K
Assets in detailPt X, end of year
CashLn 1$236K
SavingsLn 2$168K
Cash and savings togetherLn 1–2$404K
InvestmentsLn 11–13$3.1M
Other assetsLn 15$28K
Total assetsLn 16$3.7M
LiabilitiesLn 26$60K
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$33K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$303K$404K
InvestmentsLn 11–13$2.6M$3.1M
Total assetsLn 16$3.1M$3.7M
LiabilitiesLn 26$25K$60K
Net assetsLn 32$3.1M$3.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$63K$63K
Grants to domestic individualsLn 2$43K$43K
Accounting feesLn 11c$1K$1K
Investment management feesLn 11f$19K$19K
InsuranceLn 23$768$768
Other expenses (24a–d)Ln 24$463$463
Total functional expensesLn 25$127K$106K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 15, 2026 $296K$127K$170K$3.6M 990 PDF
FY2024Filed with the IRS May 15, 2025 $150K$159K−$9K$3.1M 990 PDF
FY2023Filed with the IRS Apr 30, 2024 $651K$73K$578K$2.8M 990 PDF
FY2022Filed with the IRS May 15, 2023 $183K$348K−$165K$2.5M 990 PDF
FY2021Filed with the IRS Jul 13, 2022 $316K$174K$142K$3.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $296,379 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $58,701$236,396
I-9 Program service revenue$0
I-10 Investment incomePrior year $91,365$59,983
I-11 Other revenue$0
I-12 Total revenuePrior year $150,066$296,379
I-13 Grants and similar amounts paidPrior year $137,426$105,536
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $21,627$21,155
I-18 Total expensesPrior year $159,053$126,691
I-19 Revenue less expensesPrior year −$8,987$169,688
Part VI · Governance 12 of 12 board members independent, 3 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $296,379 across 6 lines filed
VIII-1f All other contributions, gifts and grants$236,396
VIII-1g Noncash contributions (included above)$33,472
VIII-1h Total contributions, gifts and grants$236,396
VIII-3 Investment incomeRelated to mission $58,507$58,507
VIII-7 Net gain or loss on sales of assetsRelated to mission $1,476$1,476
VIII-12 Total revenueRelated to mission $59,983$296,379
Part IX · Statement of functional expenses $126,691 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $62,936$62,936
IX-2 Grants to domestic individualsPrograms $42,600$42,600
IX-11c Accounting feesManagement $1,000$1,000
IX-11f Investment management feesManagement $18,924$18,924
IX-23 InsuranceManagement $768$768
IX-24 Other expenses (24a–d)Management $463$463
IX-25 Total functional expensesPrograms $105,536 · Management $21,155 · Fundraising $0$126,691
Part X · Balance sheet $3,664,494 assets, 12 lines filed
Asset lines not itemized here account for $90,195; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $17,483$235,943
X-2 Savings and temporary cash investmentsStart of year $285,221$167,638
X-11 Publicly traded securitiesStart of year $2,562,384$3,142,779
X-15 Other assets$27,939
X-16 Total assetsStart of year $3,138,563$3,664,494
X-17 Accounts payable and accrued expenses$39,998
X-25 Other liabilitiesStart of year $25,000$20,000
X-26 Total liabilitiesStart of year $25,000$59,998
X-27 Net assets without donor restrictionsStart of year $467,160$383,606
X-28 Net assets with donor restrictionsStart of year $2,646,403$3,220,890
X-32 Total net assets or fund balancesStart of year $3,113,563$3,604,496
X-33 Total liabilities and net assetsStart of year $3,138,563$3,664,494
Part XI · Reconciliation of net assets $3,604,496 net assets at year end
XI-1 Total revenue$296,379
XI-2 Total expenses$126,691
XI-3 Revenue less expenses$169,688
XI-4 Net assets at start of year$3,113,563
XI-5 Net unrealized gains (losses) on investments$321,245
XI-10 Net assets at end of year$3,604,496

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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