Berlin Family Educational Foundation
- Assets
- $1.3m
- Revenue
- $674.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Auburn Twp, OH
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 34-1817284
Organization Overview
Berlin Family Educational Foundation is located in Auburn Twp, OH. The organization was established in 1996. 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. Berlin Family Educational 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, Berlin Family Educational Foundation generated $674.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $221.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Berlin Family Educational Foundation has awarded 57 individual grants totaling $168,153. 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 |
|---|---|---|---|
Thomas G Berlin President | 0.5 | $6,500 | |
Joy R Berlin Treasurer | 0.5 | $0 | |
Jill Berlin Desantis Trustee/co Exec.dir. | 0.5 | $0 | |
Dean Desantis Advisory Bd | 0.5 | $0 | |
Scott T Berlin Secretary | 0.5 | $0 | |
Jennifer Berlin Advisory Bd | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,100 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $399,114 |
| Capital Gain Net Income | $399,114 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $153,057 |
| Total Revenue | $674,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,041 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,630 |
| Taxes | $4,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $52,414 |
| Printing and publications | $0 |
| Other expenses | $12,291 |
| Total operating and administrative expenses | $174,038 |
| Contributions, gifts, grants paid | $47,133 |
| Total expenses and disbursements | $221,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$125,576 |
| 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 | $242,679 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,339,206 |
| 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, Berlin Family Educational Foundation has awarded $47,133 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE WOODCOCK PURPOSE: SCHOLARSHIP | $3,000 |
FERNANDE GOTT PURPOSE: SCHOLARSHIP | $3,000 |
ALYSSA TEKAVEC PURPOSE: SCHOLARSHIP | $3,000 |
JAMIR THOMAS PURPOSE: SCHOLARSHIP | $3,000 |
RHEIGNA GULLATTE PURPOSE: SCHOLARSHIP | $4,000 |
BRUNE BOUKOBZA PURPOSE: SCHOLARSHIP | $5,000 |