The Steven And Ilene Berman Family Foundation
- Assets
- $4.2m
- Revenue
- $238.1k
- Investments
- $4.1m
- Employees
- 0
- Location
- Gwynedd Valley, PA
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 26-0005599
Organization Overview
The Steven And Ilene Berman Family Foundation is located in Gwynedd Valley, PA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Steven And Ilene Berman Family Foundation 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, Steven And Ilene Berman Family Foundation generated $238.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $422.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Steven And Ilene Berman Family Foundation has awarded 479 individual grants totaling $4,644,572. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Berman Managing Trustee | 0 | $0 | |
Ilene Berman Managing Trustee | 0 | $0 | |
Steven Berman Managing Trustee | 0 | $0 | |
Ilene Berman Managing Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $197,615 |
| Interest on Savings | $45 |
| Dividends & Interest | $5,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,796 |
| Capital Gain Net Income | $34,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $238,135 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $187 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,605 |
| Total operating and administrative expenses | $6,353 |
| Contributions, gifts, grants paid | $416,502 |
| Total expenses and disbursements | $422,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,661 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,199,593 |
| 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 | $14,915 |
| Total liabilities | $14,915 |
Grants Awarded
Over the last fiscal year, The Steven And Ilene Berman Family Foundation has awarded $833,004 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
AIM ACADEMY PURPOSE: CHARITABLE FUNCTION | $3,000 |
ABINGTON FRIENDS PURPOSE: CHARITABLE FUNCTION | $1,000 |
ALLIANCE PURPOSE: CHARITABLE FUNCTION | $3,000 |
AMERICAN ASSOCIATION FOR CANCER RESEARCH PURPOSE: CHARITABLE FUNCTION | $260 |
ATLANTIC CITY HOLOCAUST MEMORIAL PURPOSE: CHARITABLE FUNCTION | $100 |
B'NAI ABRAHAM CHABAD PURPOSE: CHARITABLE FUNCTION | $1,854 |