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Also known as: Foundation
Vern And Ruth Berge Scholarship Foundation is a private corporation based in SOURIS, ND. The foundation received its IRS ruling in 2014. The principal officer is % 606 W Pine Cir. It holds total assets of $8K. Annual income is reported at $9K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Vern And Ruth Berge Scholarship Foundation has made 3 grants totaling $76K, with a median grant of $25K. Annual giving has decreased from $50K in 2022 to $26K in 2023. Individual grants have ranged from $25K to $26K, with an average award of $25K. Grant recipients are concentrated in North Dakota. Contributions to this foundation are tax-deductible.
Vern And Ruth Berge Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in ND.
Vern And Ruth Berge Scholarship Foundation has distributed a total of $76K across 3 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $25K to $26K.
Vern And Ruth Berge Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Vern And Ruth Berge Scholarship Foundation is headquartered in SOURIS, ND.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Berge | Director | $0 | $0 | $0 |
| Mae Streich | Secretary/Treas | $0 | $0 | $0 |
| Donald Indvik | Chairman | $0 | $0 | $0 |
| Howard Beyer | Director | $0 | $0 | $0 |
| Gertrude Indvik | Director | $0 | $0 | $0 |
Total Giving
$29K
Total Assets
$13K
Fair Market Value
$124K
Net Worth
$13K
Grants Paid
$26K
Contributions
$0
Net Investment Income
$13K
Distribution Amount
$6K
Total Grants
3
Total Giving
$76K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
1
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dcb FoundationStudent Scholarships | Bottineau, ND | $26K | 2023 |
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