Bertsch Family Charitable Foundation Inc
- Assets
- $6.1m
- Revenue
- $1.1m
- Investments
- $5.9m
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 35-2057621
Organization Overview
Bertsch Family Charitable Foundation Inc is located in Chapel Hill, NC. The organization was established in 1998. 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. Bertsch Family Charitable 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 12/2021, Bertsch Family Charitable Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $582.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bertsch Family Charitable Foundation Inc has awarded 207 individual grants totaling $1,439,000. 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 |
|---|---|---|---|
Dianne Bertsch President | 0 | $0 | |
Jordan Shamp Vice President, Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $93,446 |
| Dividends & Interest | $124,262 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $889,272 |
| Capital Gain Net Income | $889,272 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,106,980 |
| 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 | $59,532 |
| Total operating and administrative expenses | $65,774 |
| Contributions, gifts, grants paid | $517,000 |
| Total expenses and disbursements | $582,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,608 |
| Savings and temporary cash investments | $94,217 |
| 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 | $854,207 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,060,651 |
| 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, Bertsch Family Charitable Foundation Inc has awarded $517,000 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
Durham, NC PURPOSE: COMMUNITY OUTREACH | $20,000 |
INTER FAITH COUNCIL PURPOSE: COMMUNITY OUTREACH FOR HOMELESS SHELTER | $12,000 |
Chapel Hill, NC PURPOSE: EDUCATIONAL | $12,000 |
Carrboro, NC PURPOSE: COMMUNITY OUTREACH | $12,000 |
Chapel Hill, NC PURPOSE: COMMUNITY OUTREACH TO BUILD AFFORDABLE HOUSING | $12,000 |
Warsaw, IN PURPOSE: COMMUNITY OUTREACH | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |