Philanthropic 50: Ted and Annette Lerner

by Editorial

“If you live, work or play in the greater Washington area, chances are you are in a Lerner building,” stated Bisnow magazine to introduce a recent interview with real estate developer Theodore Lerner, president of Lerner Enterprises and head of the family that includes son Mark D.

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Lerner and daughters Marla Lerner Tanenbaum and Debra Lerner Cohen.

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At 92, Ted Lerner is still the managing principal owner of the company that developed Wheaton Plaza, Washington Square, much of Tysons Corner and the Washington Nationals baseball team.

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The main source of the Lerners’ philanthropy is the Annette M. and Theodore N. Lerner Family Foundation. Its recent activity has included $5 million for a new fitness and recreation building at George Washington University, alma mater of Ted Lerner, his son and one of his daughters; Children’s National Hospital; the U.S. Holocaust Memorial Museum; and Jerusalem’s Hebrew University, recipient of a million gift for a new stadium.

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Lerner Enterprises is on hold to build a new headquarters for the F.B.I. once Congress funds it.

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