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Berko Family Foundation Inc. is a private corporation based in MANALAPAN, NJ. The foundation received its IRS ruling in 2014. The principal officer is Mitchell Berko Director. It holds total assets of $1.5M. Annual income is reported at $2.4M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New Jersey and Massachusetts. According to available records, Berko Family Foundation Inc. has made 16 grants totaling $417K, with a median grant of $17K. The foundation has distributed between $204K and $214K annually from 2021 to 2022. Individual grants have ranged from $3K to $62K, with an average award of $26K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$17K
Average Grant
$24K
Largest Grant
$57K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Berko Family Foundation Inc. primarily funds organizations in the area of religion. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NJ, NY, NV.
Berko Family Foundation Inc. has distributed a total of $417K across 16 grants. The median grant size is $17K, with an average of $26K. Individual grants have ranged from $3K to $62K.
Berko Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Berko Family Foundation Inc. is headquartered in MANALAPAN, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Berko | DIRECTOR | $0 | $0 | N/A |
| Mitchell Berko | PRESIDENT & TREASURER | $0 | $0 | N/A |
| Robin Berko | VICE PRES & SECRETARY | $0 | $0 | N/A |
Total Giving
$236K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$231K
Contributions
$375
Net Investment Income
$24K
Distribution Amount
$65K
Total Grants
16
Total Giving
$417K
Average Grant
$26K
Median Grant
$17K
Unique Recipients
10
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yesodei HadasGENERAL FUND | Lakewood, NJ | $60K | 2022 |
| Monmouth Torah LinksGENERAL FUND | Morganville, NJ | $47K | 2022 |
| Contributions Under 5000GENERAL FUND | Manalapan, NJ | $36K | 2022 |
| The Corner MinyamGENERAL FUND | Malboro Township, NJ | $22K | 2022 |
| Ezras NashimGENERAL FUND | Brooklyn, NY | $17K | 2022 |
| Partners In TorahGENERAL FUND | Passaic, NJ | $13K | 2022 |
| Eis Free LoanGENERAL FUND | New York, NY | $13K | 2022 |
| Nageela WestGENERAL FUND | Las Vegas, NV | $6K | 2022 |
| Yeshiva Tiferes NaftoliGENERAL FUND | Old Bridge, NJ | $17K | 2021 |
| Shalom Heritage CenterGENERAL FUND | East Windsor, NJ | $3K | 2021 |