Berg Family Charitable Foundation
- Assets
- $8.2m
- Revenue
- $6.0m
- Investments
- $1.5m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 07/1987
- Data as of
- 12/2022
- EIN
- 59-2803980
Organization Overview
Berg Family Charitable Foundation is located in Jacksonville, FL. The organization was established in 1987. 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. Berg Family Charitable 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 12/2022, Berg Family Charitable Foundation generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $675.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Berg Family Charitable Foundation has awarded 165 individual grants totaling $4,267,616. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,550 |
| Interest on Savings | $2,441 |
| Dividends & Interest | $51,568 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,944,178 |
| Capital Gain Net Income | $5,944,178 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,013,737 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,613 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $70,663 |
| Contributions, gifts, grants paid | $604,761 |
| Total expenses and disbursements | $675,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,729,704 |
| Savings and temporary cash investments | $0 |
| 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 | $8,227,861 |
| 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 | $106,000 |
| Total liabilities | $106,000 |
Grants Awarded
Over the last fiscal year, Berg Family Charitable Foundation has awarded $277,987 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN MUSIC FESTIVAL PURPOSE: GENERAL USE | $35,000 |
ST JOHNS RIVERKEEPER PURPOSE: GENERAL USE | $250 |
ACES PURPOSE: GENERAL USE | $12,500 |
KIPP JACKSONVILLE SCHOO PURPOSE: GENERAL USE | $50,000 |
SALVATION ARMY PURPOSE: GENERAL USE | $100 |
PRINCETON UNIVERSITY PURPOSE: GENERAL USE | $10,000 |