H N And Frances C Berger Foundation
- Assets
- $0.0
- Revenue
- $33.5m
- Investments
- $175.0m
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 01/1996
- Data as of
- 12/2020
- EIN
- 52-1757452
Organization Overview
H N And Frances C Berger Foundation is located in Palm Desert, CA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. H N And Frances C Berger 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 12/2020, H N And Frances C Berger Foundation generated $33.5m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $33.0m during the year ending 12/2020. While expenses have increased by 11.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, H N And Frances C Berger Foundation has awarded 315 individual grants totaling $22,692,121. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OWNS REAL ESTATE WHICH IS LEASED TO PUBLIC CHARITIES FOR A CHARITABLE PURPOSE CONSISTENT WITH REV. RULING 69572, C.B. 1969-2-119
THE FOUNDATION ALSO OWNS AND OPERATES A SENIOR CITIZEN MOBILE HOME PARK WITH 155 SPACES, WHICH USE IS CONSISTENT WITH REV. RULING 79-18, C.B. 1979-194
GOLF COURSE CHARITABLE PORTION OF EXPENSES OVER REVENUES SUPPORTING CHARITY GOLF TOURNAMENTS, INTERNSHIP, EDUCATIONAL PARTNERSHIPS WITH SCHOOLS, AND VALLEY RESIDENT DISCOUNTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglass Vance Vp-Real Estate/director | 40 | $850,348 | |
Christopher Mcguire President/board Chairman | 40 | $717,613 | |
Michael Rover Director | 40 | $499,986 | |
Catharine Reed Vp-Programs/director | 40 | $282,906 | |
Joseph Glassett Vice President-Cfo | 40 | $218,266 | |
Ruel Ortiz-Luis Controller | 36 | $143,367 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Armanino Llp | 12/30/21 | $95,000 |
Swajian& Swajian Attorneys At Law | 12/30/21 | $55,595 |
Goldman Sachs & Co | 12/30/21 | $596,728 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $74,658 |
| Dividends & Interest | $8,975,330 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,992,918 |
| Total Revenue | $33,542,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,053,864 |
| Pension plans, employee benefits | $1,526,049 |
| Depreciation | $6,653,365 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,060 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $26,234,185 |
| Contributions, gifts, grants paid | $6,793,446 |
| Total expenses and disbursements | $33,027,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,542 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $133,604,370 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,400,858 |
Grants Awarded
Over the last fiscal year, H N And Frances C Berger Foundation has awarded $15,898,675 in support to 127 organizations.
| Grant Recipient | Amount |
|---|---|
Loma Linda, CA PURPOSE: WEIL INSTITUTE OF CRITICAL CARE MEDICINE BUILDING | $7,250,000 |
COUNTY OF RIVERSIDE PURPOSE: CONDITION 080-FIRE | $1,800,000 |
Rancho Mirage, CA PURPOSE: A NEW CARDIAC VASCULAR INSTITUTE | $1,000,000 |
Orlando, FL PURPOSE: COMPRENSIVE CARE CENTER AT ORLANDO | $800,000 |
TEAMMATES FOR KIDS FOUNDATION PURPOSE: OPERATING EXPENSES | $500,000 |
UNIVERSITY OF CALIFORNIA SAN FRANCISCO PURPOSE: DR. DAVID JABLON'S MESOTHELIOMA RESEARCH | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loma Linda - Inland Empire Consortium For Healthcare Educatio Loma Linda, CA | $13,392,456 | $70,891,145 |
The Larry Ellison Foundation Walnut Creek, CA | $37,551,478 | $41,100,114 |
The@bob And Margie Petersen Foundation Pasadena, CA | $667,659 | $2,230,866 |
H N And Frances C Berger Foundation Palm Desert, CA | $0 | $33,542,888 |
Nike Foundation Beaverton, OR | $18,150,265 | $37,684,992 |
Playworks Education Energized Oakland, CA | $24,126,538 | $37,991,341 |
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |