Berman Family Foundation Inc
- Assets
- $2.3m
- Revenue
- $359.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 59-3613920
Organization Overview
Berman Family Foundation Inc is located in Jacksonville, FL. The organization was established in 2000. 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. Berman 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 06/2022, Berman Family Foundation Inc generated $359.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $222.0k during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 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 2016, Berman Family Foundation Inc has awarded 181 individual grants totaling $1,057,000. 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 |
|---|---|---|---|
Rochelle B Stoddard President | 0.25 | $0 | |
Rebecca Jansson Secretary | 0 | $0 | |
Eric Berman VP | 0 | $0 | |
David Stoddard Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $270,065 |
| Interest on Savings | $17 |
| Dividends & Interest | $58,803 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,616 |
| Capital Gain Net Income | $30,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $359,501 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,365 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,610 |
| Total operating and administrative expenses | $29,975 |
| Contributions, gifts, grants paid | $192,000 |
| Total expenses and disbursements | $221,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,233 |
| 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 | $722,508 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,287,642 |
| 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, Berman Family Foundation Inc has awarded $192,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: SUPPORT INDIVIDUALS WITH DISABILITIES IN EMPLOYMENT | $50,000 |
Jacksonville, FL PURPOSE: SPORTS, RECREATION AND EARLY CHILDHOOD EDUCATION | $50,000 |
JEWISH FEDERATION AND FOUNDATION OF NORTHEAST FLORIDA PURPOSE: RELIGIOUS | $37,000 |
Jacksonville, FL PURPOSE: COMMUNITY SERVICES | $20,000 |
ANSHE SHOLOM TEMPLE PURPOSE: RELIGIOUS | $5,000 |
DREAMS COME TRUE PURPOSE: BENEFIT SERIOUSLY ILL CHILDREN | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Berman Family Foundation Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Charna And Alan B Larkin Philanthropic Fund Inc Boca Raton, FL PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |