Berges Family Foundation
- Assets
- $57.7m
- Revenue
- $11.8m
- Investments
- $49.2m
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 47-1426743
Organization Overview
Berges Family Foundation is located in Vero Beach, FL. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berges 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 12/2021, Berges Family Foundation generated $11.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Berges Family Foundation has awarded 169 individual grants totaling $26,428,751. 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 |
|---|---|---|---|
James G Berges Settlor And Trustee | 0 | $0 | |
Elizabeth Mannen Berges Trustee | 0 | $0 | |
Michael Silver Trustee | 0 | $0 | |
Kevin James Berges Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,931,411 |
| Interest on Savings | $116,512 |
| Dividends & Interest | $836,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,915,840 |
| Capital Gain Net Income | $6,915,840 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,021,559 |
| Total Revenue | $11,821,447 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $145,106 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $215,028 |
| Contributions, gifts, grants paid | $8,639,347 |
| Total expenses and disbursements | $8,854,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,406,445 |
| 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 | $57,651,104 |
| 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, Berges Family Foundation has awarded $8,639,347 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
COCA PURPOSE: GENERAL SUPPORT | $1,100,000 |
Columbia, MO PURPOSE: GENERAL SUPPORT | $1,000,000 |
URBAN LEAUGE OF METROPOLITAN ST LOUIS PURPOSE: GENERAL SUPPORT | $1,000,000 |
LAUNCH CODE PURPOSE: GENERAL SUPPORT | $575,000 |
INTERNATIONAL INSTITUTE PURPOSE: GENERAL SUPPORT | $350,000 |
GIRL SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT | $333,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Port Of Miami Crane Management Inc Miami, FL | $7,034,425 | $17,162,724 |
Berges Family Foundation Vero Beach, FL | $57,651,104 | $11,821,447 |
Purpose Built Families Foundation Pembroke Pines, FL | $1,302,506 | $7,669,586 |
Support For Missions Inc Davenport, FL | $1,145,432 | $3,234,010 |
Kamileons Kloset Professional Development Inc Atlanta, GA | $890,251 | $2,826,364 |
Florida Taxwatch Research Institute Inc Tallahassee, FL | $3,664,870 | $2,312,538 |
Key Largo Volunteer Fire Department Inc Key Largo, FL | $15,840 | $1,466,572 |
Florida Next Foundation Inc Tampa, FL | $359,911 | $1,341,167 |
Forcesunited Inc Augusta, GA | $599,735 | $1,140,304 |
Love The Golden Rule Inc St Petersburg, FL | $1,098,187 | $1,065,340 |
Alabama Policy Institute Inc Birmingham, AL | $363,839 | $962,542 |
Romy And Gaby Sci Foundation Inc Tampa, FL | $1,172,225 | $1,233,538 |