Bershad Foundation Inc

UNIVERSITY PARK, FL EIN: 13-6181437

Bershad Foundation Inc is a private foundation, based in UNIVERSITY PARK, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $272K in total assets. In 2024, it awarded 6 grants totaling $16K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$272K

-1.2% YoY

Annual Giving

$16K

-1.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

-1.5% YoY

Under IRS private-foundation payout rules, Bershad Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Bershad Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $40K (50%)

Maryland $21K (25%)

Arizona $9K (11%)

Kansas $3K (4%)

New York $3K (4%)

District of Columbia $2K (2%)

Massachusetts $2K (2%)

Connecticut $1K (1%)

States

Arizona Connecticut District of Columbia Florida Kansas Massachusetts Maryland New York

Cities

Boca RatonBradentonBridgeportHagerstownMedfordNyPhoenixSarasotaTopekaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$271,841	$275,052	$267,765
Revenue	$18,400	$9,556	$8,268
Expenses	$18,452	$18,428	$18,337
Qualifying Distributions	$16,000	$16,250	$16,500
Net Investment Income	$9,925	$6,245	$7,575
Distributable Amount	$13,659	$13,467	$14,808

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Memorial Sloan Kettering ($4,000), Adl ($3,000), Wounded Warrior Project ($3,000).

Recipient	Purpose	Amount
ADL NY, NY	UNRESTRICTED	$3,000
MEMORIAL SLOAN KETTERING HAGERSTOWN, MD	UNRESTRICTED	$4,000
WOUNDED WARRIOR PROJECT TOPEKA, KS	UNRESTRICTED	$3,000
JEWISH FEDERATION SARASOTA, FL	UNRESTRICTED	$2,000
AMERICAN HEART ASSOCIATION PHOENIX, AZ	UNRESTRICTED	$2,000
JUST FOR GIRLS BRADENTON, FL	UNRESTRICTED	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RONNIE BERSHAD SACHS	PRESIDENT	—	—
STACI H BACHMAN	SEC/TREASURER	—	—
JILL NOVAK	DIRECTOR	—	—

Frequently Asked Questions

How large is Bershad Foundation Inc?

As of 2024, Bershad Foundation Inc holds $272K in total assets with $18K in annual revenue. It awarded 6 grants totaling $16K in 2024.

Where does Bershad Foundation Inc operate?

Bershad Foundation Inc has awarded grants in Arizona, Connecticut, District of Columbia, Florida, Kansas, Massachusetts, Maryland, New York.

What size grants does Bershad Foundation Inc award?

In 2024, Bershad Foundation Inc awarded 6 grants totaling $16K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Bershad Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bershad Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.