Nat And Georgia Abrams Family Foundation
- Assets
- $7.7m
- Revenue
- $3.9m
- Investments
- $6.7m
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-0589334
Organization Overview
Nat And Georgia Abrams Family Foundation is located in Berkeley, CA. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nat And Georgia Abrams Family 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 12/2023, Nat And Georgia Abrams Family Foundation generated $3.9m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.2% each year.
Since 2023, Nat And Georgia Abrams Family Foundation has awarded 17 individual grants totaling $236,300. 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
NAT & GEORGIA ABRAMS FAMILY FOUNDATION IS IN ITS EARLY STAGE. FROM CONTRIBUTIONS RECEIVED AND THE EARNINGS THEREON, THE FOUNDATION PLANS TO MAKE DONATIONS TO QUALIFIED PUBLIC CHARITABLE, EDUCATIONAL AND SCIENTIFIC ORGANIZATIONS, PROVIDED SUCH DONATIONS ARE IN COMPLIANCE WITH ALL FEDERAL AND STATE TAX LAWS AND WILL NOT CAUSE THE FOUNDATION TO JEOPARDIZE ITS TAX-EXEMPT STATUS. THE AFOREMENTIONED ORGANIZATIONS WILL IDEALLY BE BASED IN CALIFORNIA; HOWEVER, DONATIONS TO EXCEPTIONALLY MERITORIOUS ORGANIZATIONS WILL BE CONSIDERED REGARDLESS OF THE GEOGRAPHIC LOCATION OF SUCH ORGANIZATIONS.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,659,668 |
| Interest on Savings | $8,058 |
| Dividends & Interest | $114,082 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,618 |
| Capital Gain Net Income | $98,618 |
| Net ST Capital Gain | $86,048 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,880,426 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $431 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,484 |
| Total operating and administrative expenses | $35,030 |
| Contributions, gifts, grants paid | $236,300 |
| Total expenses and disbursements | $271,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,004,862 |
| 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 | $8,978 |
| Total assets | $7,720,698 |
| 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, Nat And Georgia Abrams Family Foundation has awarded $236,300 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION FOR POST SOVIET JEWRY PURPOSE: GENERAL SUPPORT | $1,000 |
BENT THE ARC JEWISH ACTION PURPOSE: GENERAL SUPPORT | $2,000 |
BERKELEY HILLEL PURPOSE: GENERAL SUPPORT | $8,000 |
CONGREGATION BETH EL PURPOSE: GENERAL SUPPORT | $2,000 |
CAMP TAWONGA PURPOSE: GENERAL SUPPORT | $15,000 |
JEWISH FAMILY CHILDREN'S OF EAST BA PURPOSE: GENERAL SUPPORT | $61,800 |