Bergstein Family Foundation
- Assets
- $1.7m
- Revenue
- $19.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Glencoe, IL
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 27-3008211
Organization Overview
Bergstein Family Foundation is located in Glencoe, IL. The organization was established in 2010. 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. Bergstein 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, Bergstein Family Foundation generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $109.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bergstein Family Foundation has awarded 57 individual grants totaling $602,150. 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 |
|---|---|---|---|
Adam Bergstein Director | 1 | $0 | |
Seth Bergstein Director | 1 | $0 | |
Alisa Bergstein Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $19,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,817 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,175 |
| Total Revenue | $19,531 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,561 |
| Total operating and administrative expenses | $18,156 |
| Contributions, gifts, grants paid | $90,800 |
| Total expenses and disbursements | $108,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,672 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $545 |
| 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 | $1,654,595 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bergstein Family Foundation has awarded $90,800 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHEMISTRY OF LIFE PROCESSES INSTITUTE PURPOSE: GENERAL SUPPORT | $2,000 |
CRADLES TO CRAYONS PURPOSE: GENERAL SUPPORT | $5,000 |
INSTITUTE OF INTERNATIONAL EDUCATION PURPOSE: GENERAL SUPPORT | $10,000 |
JEWISH BOARD OF CHILDREN & FAMILY SERVICES PURPOSE: GENERAL SUPPORT | $10,000 |
NORTHWESTERN UNIVERSITY FEINBURG SCHOOL OF MEDICINE PURPOSE: GENERAL SUPPORT | $30,000 |
KHAN LAB SCHOOL PURPOSE: GENERAL SUPPORT | $2,500 |