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Also known as: FOUNDATION
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Frank & Toby Berman Family Foundation is a private corporation based in HOPKINS, MN. The foundation received its IRS ruling in 1997. The principal officer is Frank R Berman. It holds total assets of $463K. Annual income is reported at $93K. 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 2020 to 2023. The foundation primarily funds organizations in Minnesota, California and New York. According to available records, Frank & Toby Berman Family Foundation has made 32 grants totaling $75K, with a median grant of $1K. Annual giving has grown from $27K in 2020 to $48K in 2022. Individual grants have ranged from $250 to $13K, with an average award of $2K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Minnesota, California, New York, which account for 72% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 16 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.
Frank & Toby Berman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in MN, CA, NY.
Frank & Toby Berman Family Foundation has distributed a total of $75K across 32 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $250 to $13K.
Frank & Toby Berman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frank & Toby Berman Family Foundation is headquartered in HOPKINS, MN. While based in MN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank Berman | Director | $0 | $0 | N/A |
| Toby Berman | Director | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$467K
Fair Market Value
$590K
Net Worth
$467K
Grants Paid
$25K
Contributions
$9K
Net Investment Income
$26K
Distribution Amount
$27K
Total: $127K
Total Grants
32
Total Giving
$75K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple IsraelGENERAL OPERATING SUPPORT | Minneapolis, MN | $2K | 2022 |
| Shalom FoundationGENERAL OPERATING SUPPORT | Franklin, TN | $1K | 2020 |
| Starkey Hearing FoundationGENERAL OPERATING SUPPORT | Eden Prairie, MN | $500 | 2020 |
| Mayo ClinicGENERAL OPERATING SUPPORT | Rochester, MN | $13K | 2022 |
| Jewish Federation Of Palm Springs And Desert AreaGENERAL OPERATING SUPPORT | Rancho Mirage, CA | $5K | 2022 |
| Jewish National FundGENERAL OPERATING SUPPORT | New York, NY | $2K | 2022 |
| Jewish Family And Children'S Service Of MinneapolisGENERAL OPERATING SUPPORT | Golden Valley, MN | $1K | 2022 |
| Beth El SynagogueGENERAL OPERATING SUPPORT | Margate, NJ | $700 | 2022 |
| Jewish Community Relations CouncilGENERAL OPERATING SUPPORT | San Francisco, CA | $500 | 2022 |
| Israel Guide Dog CenterGENERAL OPERATING SUPPORT | Warrington, PA | $500 | 2022 |
| Minneapolis Jewish FederationGENERAL OPERATING SUPPORT | Minnetonka, MN | $3K | 2020 |
| Birthright Israel FoundationGENERAL OPERATING SUPPORT | New York, NY | $2K | 2020 |
| Ronald Mcdonald House CharitiesGENERAL OPERATING SUPPORT | Oak Brook, IL | $1K | 2020 |
| Stand With UsGENERAL OPERATING SUPPORT | New York, NY | $1K | 2020 |
| True FriendsGENERAL OPERATING SUPPORT | Annandale, MN | $1K | 2020 |
| Kirk D Ramin Md Endowment FundGENERAL OPERATING SUPPORT | Minneapolis, MN | $1K | 2020 |
| Tamarisk Employee Scholarship FoundationGENERAL OPERATING SUPPORT | Palm Desert, CA | $250 | 2020 |
| Aurora Health Care FoundationGENERAL OPERATING SUPPORT | Milwaukee, WI | $250 | 2020 |