Also known as: FAMILY FOUNDATION
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The Lyle And Janis Berman Family Foundation is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 1995. The principal officer is Maslon Edelman Borman. It holds total assets of $324K. Annual income is reported at $21K. Total assets have grown from $532 in 2011 to $327K in 2023. 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 2015 to 2023. According to available records, The Lyle And Janis Berman Family Foundation has made 27 grants totaling $198K, with a median grant of $2K. Annual giving has grown from $9K in 2020 to $29K in 2023. Grantmaking activity was highest in 2022 with $160K distributed across 16 grants. Individual grants have ranged from $200 to $40K, with an average award of $7K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Minnesota and District of Columbia and Texas. 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.
The Lyle And Janis Berman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in MN, DC, TX.
The Lyle And Janis Berman Family Foundation has distributed a total of $198K across 27 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $200 to $40K.
The Lyle And Janis Berman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Lyle And Janis Berman Family Foundation is headquartered in MINNETONKA, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janis Berman | TREASURER | $0 | $0 | N/A |
| Lyle Berman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$327K
Fair Market Value
$300K
Net Worth
$327K
Grants Paid
$29K
Contributions
$15K
Net Investment Income
$4K
Distribution Amount
$15K
Total Grants
27
Total Giving
$198K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| B'Nai B'RithGENERAL FUNDING | Washington, DC | $1K | 2023 |
| Adath Jeshurun CongregationGENERAL FUNDING | Minnetonka, MN | $15K | 2023 |
| Minneapolis Jewish FederationGENERAL FUNDING | Minneapolis, MN | $10K | 2023 |
| American Israel Public Affairs CommitteeGENERAL FUNDING | Washington, DC | $2K | 2023 |
| Jewish Family And Children ServiceGENERAL FUNDING | Golden Valley, MN | $1K | 2023 |
| Sholom Home CareGENERAL FUNDING | St Paul, MN | $40K | 2022 |
| Minnesota Jewish Community CenterGENERAL FUNDING | Minneapolis, MN | $10K | 2022 |
| Talmud Torah Of MinneapolisGENERAL FUNDING | Minneapolis, MN | $1K | 2022 |
| One Step Closer FoundationGENERAL FUNDING | Houston, TX | $250 | 2022 |
| Sabes JccGENERAL FUNDING | Minneapolis, MN | $5K | 2020 |
| Jewish Family & Children'S Service Of MinneapolisGENERAL FUNDING | Minnetonka, MN | $1K | 2020 |
| Children'S Cancer Research FundGENERAL FUNDING | Minneapolis, MN | $1K | 2020 |
| Red Wing Collectors Society FoundationGENERAL FUNDING | Red Wing, MN | $200 | 2020 |