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Bermel Family Foundation is a private trust based in SIMSBURY, CT. The foundation received its IRS ruling in 2017. It holds total assets of $458K. Annual income is reported at $88K. Total assets have grown from $163K in 2018 to $591K in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Massachusetts and Connecticut. According to available records, Bermel Family Foundation has made 10 grants totaling $53K, with a median grant of $6K. Annual giving has decreased from $38K in 2022 to $15K in 2023. Individual grants have ranged from $1K to $10K, with an average award of $5K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 4 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.
Bermel Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MA, NY, CT.
Bermel Family Foundation has distributed a total of $53K across 10 grants. The median grant size is $6K, with an average of $5K. Individual grants have ranged from $1K to $10K.
Bermel Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bermel Family Foundation is headquartered in SIMSBURY, CT. While based in CT, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John J Bermel | TRUSTEE | $0 | $0 | N/A |
| Lisa R Bermel | TRUSTEE | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$591K
Fair Market Value
$586K
Net Worth
$591K
Grants Paid
$15K
Contributions
$4K
Net Investment Income
$16K
Distribution Amount
$30K
Total: $534K
Total Grants
10
Total Giving
$53K
Average Grant
$5K
Median Grant
$6K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sconset Trust IncFOR GENERAL CHARITABLE PURPOSES | Siasconset, MA | $10K | 2023 |
| The Garden Club Of AmericaFOR GENERAL CHARITABLE PURPOSES | New York, NY | $5K | 2023 |
| Nantucket Conservation FoundationFOR GENERAL CHARITABLE PURPOSES | Nantucket, MA | $10K | 2022 |
| St Mary'S Church Corporation Of Simsbury (St Mary'S Parish)FOR GENERAL CHARITABLE PURPOSES | Simbsury, CT | $1K | 2022 |
| Artists Association Of NantucketFOR GENERAL CHARITABLE PURPOSES | Nantucket, MA | $1K | 2022 |