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Berman Charitable Foundation is a private corporation based in POTTSTOWN, PA. The foundation received its IRS ruling in 1955. It holds total assets of $337K. Annual income is reported at $19K. Total assets have grown from $285K in 2011 to $342K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Berman Charitable Foundation has made 7 grants totaling $70K, with a median grant of $3K. The foundation has distributed between $17K and $34K annually from 2021 to 2024. Grantmaking activity was highest in 2022 with $34K distributed across 2 grants. Individual grants have ranged from $500 to $32K, with an average award of $10K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
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.
Berman Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in PA.
Berman Charitable Foundation has distributed a total of $70K across 7 grants. The median grant size is $3K, with an average of $10K. Individual grants have ranged from $500 to $32K.
Berman Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Berman Charitable Foundation is headquartered in POTTSTOWN, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer B Scotese | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Robert V Scotese | VICE PRESIDENT | $0 | $0 | N/A |
| Joseph S Scotese Jr | SECRETARY | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$342K
Fair Market Value
$404K
Net Worth
$342K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$14K
Total: $15K
Total Grants
7
Total Giving
$70K
Average Grant
$10K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Hill SchoolANNUAL GIVING | Pottstown, PA | $16K | 2024 |
| The Agnes Irwin SchoolANNUAL GIVING | Rosemont, PA | $3K | 2024 |