Brad & Erica Berman Family Foundation

MINNETONKA, MN EIN: 20-8067021

Brad & Erica Berman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 1 grants totaling $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

-5.6% YoY

Annual Giving

$1K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, Brad & Erica Berman Family Foundation reported a distributable amount of $873 for 2024 — the minimum it must pay out in qualifying distributions.

About Brad & Erica Berman Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $2K (100%)

States

Minnesota

Cities

Golden ValleyMinneapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,215	$18,240	$19,265
Revenue	—	—	$8
Expenses	$1,025	$1,025	$25
Qualifying Distributions	$1,025	$1,025	$25
Net Investment Income	—	—	—
Distributable Amount	$873	$946	$949

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Breck ($1,000).

Recipient	Purpose	Amount
Breck Minneapolis, MN	General funding	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Bradley Berman	President	0.1	—
Erica Berman	Treasurer	0.1	—
David Ezrilov	Secretary	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Brad & Erica Berman Family Foundation?

Brad & Erica Berman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNETONKA, MN. It holds $17K in total assets as of 2024.

How large is Brad & Erica Berman Family Foundation?

As of 2024, Brad & Erica Berman Family Foundation holds $17K in total assets. It awarded 1 grants totaling $1K in 2024.

Where does Brad & Erica Berman Family Foundation operate?

Brad & Erica Berman Family Foundation has awarded grants in Minnesota.

What size grants does Brad & Erica Berman Family Foundation award?

In 2024, Brad & Erica Berman Family Foundation awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Brad & Erica Berman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Brad & Erica Berman Family Foundation reported a distributable amount of $873 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Brad & Erica Berman Family Foundation's EIN?

Brad & Erica Berman Family Foundation's EIN (Employer Identification Number) is 20-8067021. IRS Form 990 filing data is available on this page for 2020–2024.