Berlin Family Charitable Foundation Inc
- Assets
- $11.6m
- Revenue
- $1.2m
- Investments
- $10.9m
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-5333136
Organization Overview
Berlin Family Charitable Foundation Inc is located in Palm Beach Gardens, FL. The organization was established in 2018. 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. Berlin Family Charitable 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Maglio President | 10 | $0 | |
Michelle Grande COO | 25 | $0 | |
Danielle Jenkins Cfo/treasure | 20 | $0 | |
Frank Robilotto Board Member | 1 | $0 | |
Stefan Bodstrom Cio | 20 | $0 | |
Nicole Maglio Bessette Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,973 |
| Dividends & Interest | $281,394 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $892,342 |
| Capital Gain Net Income | $892,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,984 |
| Total Revenue | $1,204,693 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,035 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $35,730 |
| Contributions, gifts, grants paid | $400,000 |
| Total expenses and disbursements | $435,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,387 |
| 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 | $10,920,322 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,600,709 |
| 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, Berlin Family Charitable Foundation Inc has awarded $400,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY OF PALM BEACH PURPOSE: QUALIFIED PURPOSE OF ORGANIZATION | $200,000 |
CRADLE OF AVIATIONMUSEUMS PURPOSE: QUALIFIED PURPOSE OF ORGANIZATION | $150,000 |
JUPITER MEDICAL CENTER FOUNDATION PURPOSE: QUALIFIED PURPOSE OF ORGANIZATION | $50,000 |
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 |