Bershad Foundation Inc
- Assets
- $267.8k
- Revenue
- $8.3k
- Investments
- $260.0k
- Employees
- 0
- Location
- University Park, FL
- Founding
- 07/1965
- Data as of
- 12/2022
- EIN
- 13-6181437
Organization Overview
Bershad Foundation Inc is located in University Park, FL. The organization was established in 1965. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bershad 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 12/2022, Bershad Foundation Inc generated $8.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
JFCS 2688 FRUITVILLE RD SARASOTA, FL 34236
MEMORIAL SLOAN KETTERING P.. BOX 5028 HAGERTOWN, MD 21741
THE JEWISH FEDERATION 580 MICINTOSH ROAD SARASOTA, FL. 34232 JFGE 1011 21ST E BRADENTON, FL 34208 AMERICAN HEART ASSOC P.O. BOX 78851 PHOENIX, AZ 85062-9912
ADL 5295 TOWN CENTER RD 300 BOCA RATON, FL 33486
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Bershad Sachs President | 0 | $0 | |
Staci H Bachman Sec /treas | 0 | $0 | |
Jill Novak Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $5,834 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,433 |
| Capital Gain Net Income | $3,577 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,268 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $1,212 |
| Total operating and administrative expenses | $1,837 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $18,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,741 |
| Savings and temporary cash investments | $0 |
| 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 | $260,024 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $267,765 |
| 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 | $467 |
| Total liabilities | $467 |
Grants Awarded
Over the last fiscal year, Bershad Foundation Inc has awarded $16,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE JEWISH FEDERATION PURPOSE: UNRESTIRCTED | $2,000 |
MEMORIAL SLOAN KETTERING PURPOSE: UNRESTRICTED | $4,000 |
AMERICAN HEART ASSOC PURPOSE: UNRESTRICTED | $2,000 |
JFCS PURPOSE: UNRESTICTED | $5,000 |
JFGE PURPOSE: UNRESTRICTED | $2,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: UNRESTRICTED | $1,500 |