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Also known as: C/O ERIC DERMOND
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Karen And Eric Dermond Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2005. The principal officer is Eric A Dermond. It holds total assets of $584K. Annual income is reported at $286K. The foundation is governed by 1 officer or trustee. The karen and eric dermond foundation is organized and operated for the sole purpose of making cash contributions to qualifying public charities. The foundation does not. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas, New York and California. According to available records, Karen And Eric Dermond Foundation has made 16 grants totaling $208K, with a median grant of $6K. Annual giving has grown from $40K in 2020 to $66K in 2023. Grantmaking activity was highest in 2022 with $75K distributed across 6 grants. Individual grants have ranged from $500 to $50K, with an average award of $13K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Texas, New York, California, which account for 63% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
The karen and eric dermond foundation is organized and operated for the sole purpose of making cash contributions to qualifying public charities. The foundation does not
Engage in any other direct charitable activities.
The karen and eric dermond foundation is organized and operated for the sole purpose of making cash contributions to qualifying public charities. The foundation does not. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX, NY, CA.
Karen And Eric Dermond Foundation has distributed a total of $208K across 16 grants. The median grant size is $6K, with an average of $13K. Individual grants have ranged from $500 to $50K.
Karen And Eric Dermond Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karen And Eric Dermond Foundation is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric A Dermond | TRUSTEE | $0 | $0 | N/A |
Total Giving
$73K
Total Assets
$573K
Fair Market Value
$643K
Net Worth
$573K
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$32K
Total: $448K
Total Grants
16
Total Giving
$208K
Average Grant
$13K
Median Grant
$6K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mellon FoundationGeneral | New York, NY | $50K | 2023 |
| Key Biscayne Community FoundationGeneral | Key Biscayne, FL | $5K | 2023 |
| Gulliver SchoolsGeneral | Coral Gables, FL | $5K | 2023 |
| St Christopher'S By The SeaGeneral | Key Biscayne, FL | $5K | 2023 |
| Best BuddiesGeneral | Wauwatosa, WI | $500 | 2023 |
| New Hope For Cambodian ChildrenGeneral | Killeen, TX | $28K | 2022 |
| The Trevor ProjectGeneral | West Hollywood, CA | $5K | 2022 |
| Crime Victims Treatment CenterGeneral | New York, NY | $10K | 2020 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI