Akers Gerber Foundation

Organization Overview

Akers Gerber Foundation is located in Pittsburgh, PA. The organization was established in 2012. 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. Akers Gerber 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 12/2021, Akers Gerber Foundation generated $840.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $871.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Akers Gerber Foundation has awarded 92 individual grants totaling $8,578,887. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $500,000
Interest on Savings $0
Dividends & Interest $40,035
Net Rental Income$0
Net Gain on Sale of Assets $300,674
Capital Gain Net Income $300,674
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $840,709

Grants Awarded

Over the last fiscal year, Akers Gerber Foundation has awarded $838,212 in support to 21 organizations.

Grant RecipientAmount

AUGUSTANA COLLEGE ADVANCEMENT

PURPOSE: GENERAL

$250,000

CARNEGIE LIBRARY OF PITTSBURGH

PURPOSE: GENERAL

$113,800

Pittsburgh, PA

PURPOSE: GENERAL

$50,000

CARNEGIE INSTITUTE

PURPOSE: GENERAL

$50,000

CARNEGIE LIBRARY OF PITTSBURGH

PURPOSE: GENERAL

$41,200

JEWISH FAMILY & CHILDRENS SERVICES

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: GENERAL

$34,812
View Grant Profile

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