← All Profiles
RL

Randolph Lerner

OhioFinance

AIProfile Summary

Randolph Lerner is a U.S. billionaire from Ohio, born in 1962, with an estimated net worth of ~$1.2B RTB. The data identifies him with finance, but it does not provide additional details on how he built his wealth.

Business & SEC Activity

The available data does not include SEC filings, company holdings, or transaction records, so no business summary can be drawn from the provided sources.

Philanthropy

Three Lerner Foundation filings for tax year 2023 show combined grants paid of $2,011,173 and combined total assets of $5,598,024 ProPublica 990. The largest foundation listed is the Ohio-based Lerner Foundation in Richmond Hts, which reported $1,792,955 in grants paid, $3,028,691 in assets, and $1,733,319 in revenue; the other two foundations reported smaller grant totals ProPublica 990.

Political Activity

FEC records show 4 contributions totaling $5,000 between 2001-04-05 and 2003-07-24 FEC. The largest recipient was VOINOVICH FOR SENATE COMMITTEE at $4,000, followed by FRIENDS OF PHIL GRAMM at $1,000; the party breakdown lists $1,000 to Republicans and $4,000 as unknown FEC.

In the News

No validated news articles were returned in the provided dataset NewsAPI.

AI-generated summary from gdelt, propublica_990, fec, rtb 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

residenceCleveland, Ohio

990Philanthropy

$5.6MFoundation Assets
$2.0MGrants Paid
3Foundations
Lerner FoundationMinneapolis, MN
Assets: $1.6MRevenue: $342KGrants: $144KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Lerner FoundationRichmond Hts, OH
Assets: $3.0MRevenue: $1.7MGrants: $1.8MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Lerner FoundationIslandia, NY
Private grantmaking foundation (IRS NTEE T20)
Assets: $968KRevenue: $48KGrants: $74KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$5KTotal Contributed
4Contributions
2001–2003Date Range

By Party

Unknown
$4K
REP
$1K

Top Recipients

VOINOVICH FOR SENATE COMMITTEE$4K
FRIENDS OF PHIL GRAMM$1K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

C
40.9
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
23%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
75%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Randolph Lerner — Public Benefit Score C (41) | Billionaire Army