Bernstein Family Foundation Inc
- Assets
- $627.6k
- Revenue
- $19.8k
- Investments
- $593.7k
- Employees
- 0
- Location
- Mill Valley, CA
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 52-2068202
Organization Overview
Bernstein Family Foundation Inc is located in Mill Valley, CA. 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. Bernstein Family 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 12/2023, Bernstein Family Foundation Inc generated $19.8k 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 (9.3%) each year. All expenses for the organization totaled $97.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Bernstein Family Foundation Inc has awarded 201 individual grants totaling $759,140. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION INVESTS ITS ASSETS AND DISTRIBUTES ITS INVESTMENT INCOME TO RECOGNIZED PUBLIC CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bernstein President | 0.5 | $0 | |
Laurel Bernstein Vice President | 1 | $0 | |
Carolyn Bernstein Vice President | 0.5 | $0 | |
Jeffrey Bernstein Vice President | 0.5 | $0 | |
Patricia Bernstein Secretary Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,997 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,364 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,157 |
| Total Revenue | $19,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $166 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,888 |
| Total operating and administrative expenses | $23,154 |
| Contributions, gifts, grants paid | $74,000 |
| Total expenses and disbursements | $97,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,864 |
| 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 | $627,609 |
| 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 | $916 |
| Total liabilities | $916 |
Grants Awarded
Over the last fiscal year, Bernstein Family Foundation Inc has awarded $74,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: FOR LEGISLATIVE SUPPORT OF ORGANIZATION DEFENDING CIVIL LIBERTIES | $2,000 |
CENTRAL REFORM CONGREGATION PURPOSE: JEWISH COMMUNITY SUPPORT | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GLOBAL MEDICAL AID | $15,000 |
GATEWAY PET GUARDIANS PURPOSE: VETERINARY CARE | $2,000 |
JOHN BURROUGHS SCHOOL PURPOSE: EDUCATION SUPPORT | $5,000 |
KQED PURPOSE: PUBLIC BROADCASTING CHANNEL SUPPORT | $500 |