Erik E And Edith H Bergstrom Foundation A Charitable Trust
- Assets
- $203.4m
- Revenue
- $13.0m
- Investments
- $176.1m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 02/2002
- Data as of
- 09/2023
- EIN
- 91-2155835
Organization Overview
Erik E And Edith H Bergstrom Foundation A Charitable Trust is located in Palo Alto, CA. The organization was established in 2002. 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. Erik E And Edith H Bergstrom Foundation A Charitable Trust 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 09/2023, Erik E And Edith H Bergstrom Foundation A Charitable Trust generated $13.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $15.9m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Erik E And Edith H Bergstrom Foundation A Charitable Trust has awarded 300 individual grants totaling $96,179,831. 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 |
|---|---|---|---|
Edith H Bergstrom Trustee/co-Founder | 2 | $7,500 | |
Janet Greig Trustee | 2 | $30,000 | |
Wylie Greig Trustee | 2 | $30,000 | |
Rodrigo Barillas Trustee | 2 | $15,000 | |
Julia R Bolous Trustee/chief Operating Officer | 40 | $285,654 | |
Alexis Barab Program Officer | 40 | $121,617 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Closed-end Fund Advisors Inc | 9/29/23 | $237,615 |
Aspiriant Wealth Management | 9/29/23 | $150,000 |
Philanthropy Associates Llc | 9/29/23 | $141,769 |
Francis Ndamaje | 9/29/23 | $93,208 |
Adler & Colvin | 9/29/23 | $65,142 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,103,445 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,887,064 |
| Capital Gain Net Income | $8,887,064 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $332 |
| Total Revenue | $12,990,841 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $368,154 |
| Other employee salaries and wages | $432,675 |
| Pension plans, employee benefits | $170,253 |
| Interest | $196 |
| Taxes | $420,962 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $61,169 |
| Printing and publications | $0 |
| Other expenses | $81,196 |
| Total operating and administrative expenses | $2,491,892 |
| Contributions, gifts, grants paid | $13,424,790 |
| Total expenses and disbursements | $15,916,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,580,197 |
| 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 | $211,362 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $23,460,973 |
| Total assets | $203,401,314 |
| Accounts payable and accrued expenses | $128,101 |
| Grants payable | $8,345,470 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $262,254 |
| Total liabilities | $8,735,825 |
Grants Awarded
Over the last fiscal year, Erik E And Edith H Bergstrom Foundation A Charitable Trust has awarded $16,705,081 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
DKT INTERNATIONAL PURPOSE: FOR WORK IN MOZAMBIQUE | $362,000 |
MSI-US PURPOSE: FOR WORK IN BOLIVIA,KENYA, MALAWI AND UGANDA | $1,708,426 |
ASOCIACION PRO-BIENESTAR DE LA FAMILIA DE GUATEMALA PURPOSE: FOR WORK IN GUATEMALA | $427,638 |
IPPFWORLDWIDE PURPOSE: FOR WORK IN COLUMBIA, ECUADOR, AND MEXICO | $297,789 |
IPAS PURPOSE: FOR WORK IN MOZAMBIQUE AND MEXICO | $252,000 |
KING BAUDOUIN FOUNDATION PURPOSE: FOR WORK IN UGANDA | $263,558 |