Also known as: Foundation
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have decreased from $53K in 2013 to $13K in 2023. The foundation is governed by 5 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. 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.
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.
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 | N/A |
| Mae Streich | Secretary/Treas | $0 | $0 | N/A |
| Donald Indvik | Chairman | $0 | $0 | N/A |
| Howard Beyer | Director | $0 | $0 | N/A |
| Gertrude Indvik | Director | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$13K
Fair Market Value
$124K
Net Worth
$13K
Grants Paid
$26K
Contributions
N/A
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 |