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Grace Bersted Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1987. The principal officer is Continental Il National Ck & Trust Co. It holds total assets of $11.9M. Annual income is reported at $1.8M. Total assets have grown from $8.1M in 2011 to $10.4M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2023. According to available records, Grace Bersted Foundation has made 3 grants totaling $1.4M, with a median grant of $492K. Annual giving has grown from $428K in 2021 to $984K in 2022. Individual grants have ranged from $428K to $492K, with an average award of $471K. Grant recipients are concentrated in Rhode Island. 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.
Grace Bersted Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI.
Grace Bersted Foundation has distributed a total of $1.4M across 3 grants. The median grant size is $492K, with an average of $471K. Individual grants have ranged from $428K to $492K.
Limited to geographical areas dupage, kane, lake, and mchenry counti.
Grace Bersted Foundation is headquartered in DALLAS, TX.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $96K | $0 | $96K |
Total Giving
$597K
Total Assets
$10.4M
Fair Market Value
$10.7M
Net Worth
$10.4M
Grants Paid
$457K
Contributions
N/A
Net Investment Income
$180K
Distribution Amount
$505K
Total Grants
3
Total Giving
$1.4M
Average Grant
$471K
Median Grant
$492K
Unique Recipients
1
Most Common Grant
$492K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedUNRESTRICTED GENERAL | Providence, RI | $492K | 2022 |