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Bersted Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1973. The principal officer is Bank Of America Na. It holds total assets of $27.6M. Annual income is reported at $6.3M. Total assets have grown from $18.8M in 2011 to $25.3M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Bersted Foundation has made 201 grants totaling $3.5M, with a median grant of $15K. Annual giving has grown from $1.1M in 2021 to $2.4M in 2022. Individual grants have ranged from $3K to $35K, with an average award of $17K. The foundation has supported 92 unique organizations. Grants have been distributed to organizations in Illinois and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$19K
Largest Grant
$235K
Based on 51 grants from the most recent 990-PF filing.
The sole charitable purpose of this organization is the making of contributions and grants to qualified charitable organizations.no direct charitable activities are conducted.
Bersted Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 201 grants. Its grantmaking reaches organizations primarily in IL, DC.
Bersted Foundation has distributed a total of $3.5M across 201 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $3K to $35K.
The application deadline is SEE ATTACHED STATEMENT. See attached statement.
Bersted Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | Trustee | $175K | $0 | $175K |
Total Giving
$1.4M
Total Assets
$25.3M
Fair Market Value
$26.1M
Net Worth
$25.3M
Grants Paid
$1.1M
Contributions
N/A
Net Investment Income
$476K
Distribution Amount
$1.2M
Total Grants
201
Total Giving
$3.5M
Average Grant
$17K
Median Grant
$15K
Unique Recipients
92
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wayside Cross MinistriesNEW LIFE CORRECTIONS | Aurora, IL | $30K | 2022 |
| Dupage Pads IncUNRESTRICTED GENERAL | Wheaton, IL | $30K | 2022 |
| Fox Valley Habitat For HumanitEDUCATIONAL INTERN PROGRAM | Montgomery, IL | $30K | 2022 |
| Mutual Ground IncDOMESTIC VIOLENCE | Aurora, IL | $25K | 2022 |
| Little Friends IncKREJCI ACADEMY TECHNOLOGY | Naperville, IL | $25K | 2022 |
| Family Shelter Service IncSAFE HOME AND SAFE ADULT | Wheaton, IL | $25K | 2022 |
| Almost Home KidsRESPITE CARE PROGRAM | Naperville, IL | $25K | 2022 |
| Outreach Community MinistriesTEEN REACH MIDDLE SCHOOL | Carol Stream, IL | $25K | 2022 |
| People'S Resource CenterFOOD PANTRY PROGRAM | Wheaton, IL | $25K | 2022 |
| Independence Health & TherapyPHYSICAL, OCCUPATIONAL, | Woodstock, IL | $25K | 2022 |
| Girl Scouts Of Northern IllinoisPROJECT OPPORTUNITY. | Elgin, IL | $25K | 2022 |
| Greater Elgin Family Care CenterUNRESTRICTED GENERAL | Elgin, IL | $25K | 2022 |
| Ray Graham Assn For Disabled PeopleUNRESTRICTED GENERAL | Lisle, IL | $25K | 2022 |
| Casa Kane CountyUNRESTRICTED GENERAL | Geneva, IL | $25K | 2022 |
| Senior Home SharingUNRESTRICTED GENERAL | Wheaton, IL | $25K | 2022 |
| Northen Illinois Food BankUNRESTRICTED GENERAL | Geneva, IL | $25K | 2022 |
| Boys And Girls Club Of ElginREADING PROGRAM | Elgin, IL | $25K | 2022 |
| Aurora Area Interfaith Food PantryUNRESTRICTED GENERAL | Aurora, IL | $25K | 2022 |
| Alive CenterTECH, SUPPLIES AND | Naperville, IL | $22K | 2022 |
| Aurora Early Edu And Child CareUPGRADE AND INCREASE SAFTEY | Aurora, IL | $21K | 2022 |
| Nami Of Dupage County IllinoisEDUCATION AND SUPPORTIVE | Wheaton, IL | $20K | 2022 |
| The Rosecrance FoundationSERVICES IN MCHENRY COUNTY | Rockford, IL | $20K | 2022 |
| Glen Ellyn Children'S CommunityUNRESTRICTED GENERAL | Glenn Ellyn, IL | $20K | 2022 |
| Teen Parent ConnectionADOLESCENT FAMILY STRENGH | Glen Ellyn, IL | $20K | 2022 |
| Elyssas MissionUNRESTRICTED GENERAL | Mprtjnrppl, IL | $20K | 2022 |
| Fox Valley Christian ActionTHE COMMUNITY LEADERSHIP | St Charles, IL | $20K | 2022 |
| Dominican Literacy CenterTHE DOMINICAN LITERACY | Aurora, IL | $20K | 2022 |
| Donka IncASSITIVE TECHNOLOGY | Wheaton, IL | $20K | 2022 |
| Bridge CommunitiesUNRESTRICTED GENERAL | Glen Ellyn, IL | $20K | 2022 |