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David Bermant Foundation is a private corporation based in SANTA BARBARA, CA. The foundation received its IRS ruling in 2007. The principal officer is % Bermant 1104 La Vista Rd. It holds total assets of $5.5M. Annual income is reported at $576K. PRODUCTION AND DISPLAY OF ART IN PUBLIC PLACES TO CULTIVATEINTEREST IN KINETIC AND TECHNOLOGICAL ART AS VITAL ART FORMS AND TO ENCOURAGE EXPERIMENTAL VISUAL ART WHICH DRAWS ITS FORM,CONTENT AND WORKING MATERIALS FROM LATE TWENTIETH-CENTURY TECHNOLOGY. According to available records, David Bermant Foundation has made 10 grants totaling $5M, with a median grant of $20K. Annual giving has decreased from $4.8M in 2020 to $63K in 2022. Individual grants have ranged from $3K to $4.8M, with an average award of $495K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Ohio and California and New York. Contributions to this foundation are tax-deductible.
PRODUCTION AND DISPLAY OF ART IN PUBLIC PLACES TO CULTIVATEINTEREST IN KINETIC AND TECHNOLOGICAL ART AS VITAL ART FORMS AND TO ENCOURAGE EXPERIMENTAL VISUAL ART WHICH DRAWS ITS FORM,CONTENT AND WORKING MATERIALS FROM LATE TWENTIETH-CENTURY TECHNOLOGY.
Expenses: $186K
PRODUCTION AND DISPLAY OF ART IN PUBLIC PLACES TO CULTIVATEINTEREST IN KINETIC AND TECHNOLOGICAL ART AS VITAL ART FORMS AND TO ENCOURAGE EXPERIMENTAL VISUAL ART WHICH DRAWS ITS FORM,CONTENT AND WORKING MATERIALS FROM LATE TWENTIETH-CENTURY TECHNOLOGY. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, CA, NY.
David Bermant Foundation has distributed a total of $5M across 10 grants. The median grant size is $20K, with an average of $495K. Individual grants have ranged from $3K to $4.8M.
David Bermant Foundation typically selects its grantees rather than accepting unsolicited proposals.
David Bermant Foundation is headquartered in SANTA BARBARA, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bess M Rochlitzer | DIRECTOR/PRESIDENT/AS REQ | $64K | $0 | $64K |
| Andrew Bermant | DIRECTOR/AS REQUIRED | $4K | $0 | $4K |
| Victoria Vesna | DIRECTOR/AS REQUIRED | $2K | $0 | $2K |
| Robert Margolies | OFFICER/TREASURER/AS REQ | $2K | $0 | $2K |
| Gabe Wolosky | OFFICER/TREASURER/AS REQ | $2K | $0 | $2K |
Total Giving
$411K
Total Assets
$5.4M
Fair Market Value
$7.2M
Net Worth
$5.4M
Grants Paid
$133K
Contributions
$0
Net Investment Income
$65K
Distribution Amount
$170K
Total: $4.3M
Total Grants
10
Total Giving
$5M
Average Grant
$495K
Median Grant
$20K
Unique Recipients
6
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Arts FundPROVIDE ARTS TO MORE PEOPLE IN SANTA BARBARA COUNTY | Santa Barbara, CA | $20K | 2022 |
| Dos Pueblos Engineering Academy FoundationDEVELOP ORIGINAL, INTERACTIVE EXHIBITS OF ENGINEERING | Goleta, CA | $20K | 2022 |
| Harvest Works Digital Media Arts CenterIN SUPPORT OF COLOR LIGHT MOTION PROJECT | New York, NY | $20K | 2022 |
| The Mimi Garrard Dance Company IncIN SUPPORT OF CREATING DANCE FOR VIDEO USING DIGITAL TECHNIQUES | New York, NY | $3K | 2022 |
| Carolyn Glasoe Bailey FoundationSUPPORT THE COLLABORATIVE PROJECT - COSMOVISION INDIGENA: THE INTERSECTION OF INDIGENOUS KNOWLEDGE AND CONTEMPORARY ART |
CORAL GABLES, FL
FORT WORTH, TX
CARMEL, NY
WEST HOLLYWOOD, CA
| Sandra Hopmans | DIRECTOR/SECRETARY/AS REQU | $2K | $0 | $2K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Ojai, CA |
| $5K |
| 2021 |
| The Butler Institute Of American ArtKINETIC ART COLLECTION TO BE DISPLAYED TO THE PUBLIC | Youngstown, OH | $4.8M | 2020 |
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