The Bergman Foundation
- Assets
- $4.6m
- Revenue
- $6.3k
- Investments
- $4.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 84-3220929
Organization Overview
The Bergman Foundation is located in Wilmington, DE. 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. Bergman 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, Bergman Foundation generated $6.3k in total revenue. All expenses for the organization totaled $284.3k during the year ending 12/2022.
Since 2021, Bergman Foundation has awarded 15 individual grants totaling $265,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BERGMAN BOOK PRIZE. DESCRIPTION: A PRIZE OF $10,000 WILL BE AWARDED FOR A FIRST OR SECOND BOOK OF POETRY, WITH PUBLICATION OF THE BOOK AND NATIONAL DISTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bennet Bergman Dir, Sec | 30 | $40,000 | |
Elise Bergman Dir, Treas | 1 | $0 | |
Elliot Bergman Dir, Pres | 1 | $0 | |
Natalie Bergman Dir, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $314 |
| Dividends & Interest | $93,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$87,461 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $3,688 |
| Interest | $0 |
| Taxes | $7,892 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,436 |
| Printing and publications | $9,203 |
| Other expenses | $25,147 |
| Total operating and administrative expenses | $119,324 |
| Contributions, gifts, grants paid | $165,000 |
| Total expenses and disbursements | $284,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,006 |
| 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 | $4,632,225 |
| Accounts payable and accrued expenses | $219 |
| 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 | $219 |
Grants Awarded
Over the last fiscal year, The Bergman Foundation has awarded $165,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ART INSTITUTE OF CHICAGO PURPOSE: SCHOOL OF THE ART INSTITUTE OF CHICAGO - FASHION COUNCIL FUND | $10,000 |
INTONATION MUSIC WORKSHOP PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
ARTS OF LIFE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
MARWEN FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
NATIONAL AUDUBON SOCIETY INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
NOVO MISSION INC PURPOSE: GENERAL & UNRESTRICTED | $30,000 |