Karen and Eric Dermond Foundation Co Eric Dermond

Private foundation · Grantmaker Milwaukee, WI EIN: 20-6376990

Karen and Eric Dermond Foundation Co Eric Dermond is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $584K in total assets. In 2025, it awarded 8 grants totaling $31K. Net investment income was $39K.

Karen and Eric Dermond Foundation Co Eric Dermond at a glance

In short: Karen and Eric Dermond Foundation Co Eric Dermond gave $31K across 8 grants in 2025 (avg $4K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$30,858
+99.1% vs 2024
Grants made (2025)
8
+100.0% vs 2024
Average grant
$3,857
-0.5% vs 2024
Median grant
$2,750
Total assets
$583,657
+1.2% vs 2024
Primary geography
Florida (81% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Karen and Eric Dermond Foundation Co Eric Dermond funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Gulliver Preparatory Schools Inc: $10KGulliver Preparatory SchoolsInc$10KSt Christophers by the Sea Episcopal: $6KSt Christophers by the SeaEpiscopal$6KKey Biscayne Presbyterian School: $4KKey Biscayne PresbyterianSchool$4KKey Biscayne Community Foundation: $3KKey Biscayne CommunityFoundation$3KJewish Community Alliance of Southern Maine: $3KJewish Community Alliance ofSouthern Maine$3KBoston Medical Center: $2KBoston Medical Center$2KBest Buddies International Inc: $2KBest Buddies International Inc$2KFentanyl Fathers Inc: $1KFentanyl Fathers Inc$1K

The largest 2025 recipient was Gulliver Preparatory Schools Inc ($10K). Together the top 8 received $31K.

Grant Size Distribution

22 grants across all recorded years

21<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 22 (95%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

Key BiscayneCoral GablesKilleenWest HollywoodNew YorkWauwatosaBloomfield HillsBostonMiamiPortland

How Karen and Eric Dermond Foundation Co Eric Dermond gives

  • Giving held roughly steady from 2022 to 2025 (−18%). Method
  • In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2020 2 grants2021 3 grants2022 5 grants2023 4 grants2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $16K (2024) to $66K (2023). In 2025 it made 8 grants totaling $31K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Gulliver Preparatory Schools Inc Coral Gables, FLGeneral$10,000
St Christophers by the Sea Episcopal Key Biscayne, FLGeneral$6,000
Key Biscayne Presbyterian School Key Biscayne, FLGeneral$4,000
Key Biscayne Community Foundation Key Biscayne, FLGeneral$3,000
Jewish Community Alliance of Southern Maine Portland, MEGeneral$2,500
Boston Medical Center Boston, MAGeneral$2,300
Best Buddies International Inc Miami, FLGeneral$2,058
Fentanyl Fathers Inc Bloomfield Hills, MIGeneral$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$583,657$44,797$37,833$30,8588$32,420$39,285$34,540
2024$576,693$25,923$22,422$15,5004$17,874$20,723$32,825
2023$573,192$23,620$72,821$65,5005$67,787$18,146$31,555
2022$622,393$23,194$46,610$37,5003$41,194$15,410$34,334
2021$645,809$62,633$32,363$27,3002$27,300$57,941$37,510
2020$615,539$22,677$47,597$40,0003—$17,994$33,623

Under IRS private-foundation payout rules, Karen and Eric Dermond Foundation Co Eric Dermond reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Karen and Eric Dermond Foundation Co Eric Dermond is led by Eric A. Dermond, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Eric A. Dermond

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Karen and Eric Dermond Foundation Co Eric Dermond

How much does Karen and Eric Dermond Foundation Co Eric Dermond give each year?

Karen and Eric Dermond Foundation Co Eric Dermond gave $31K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $16K across 4 grants.

What is Karen and Eric Dermond Foundation Co Eric Dermond's typical grant size?

Karen and Eric Dermond Foundation Co Eric Dermond's median grant in 2025 was $2,750, and its average grant was $3,857, across 8 grants on its 2025 IRS Form 990-PF.

Where does Karen and Eric Dermond Foundation Co Eric Dermond give grants?

Karen and Eric Dermond Foundation Co Eric Dermond gives mostly in Florida: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Maine (8%) and Massachusetts (7%). The most frequent recipient cities were Key Biscayne, FL (3 grants).

Does Karen and Eric Dermond Foundation Co Eric Dermond give general operating support?

Yes: 100% of Karen and Eric Dermond Foundation Co Eric Dermond's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Karen and Eric Dermond Foundation Co Eric Dermond's largest grantees?

Karen and Eric Dermond Foundation Co Eric Dermond's largest 2025 grantees include Gulliver Preparatory Schools Inc ($10,000), St Christophers by the Sea Episcopal ($6,000) and Key Biscayne Presbyterian School ($4,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.

How large is Karen and Eric Dermond Foundation Co Eric Dermond?

Karen and Eric Dermond Foundation Co Eric Dermond reported $584K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Karen and Eric Dermond Foundation Co Eric Dermond's EIN?

Karen and Eric Dermond Foundation Co Eric Dermond's EIN (Employer Identification Number) is 20-6376990. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 27, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 23, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 20, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Karen and Eric Dermond Foundation Co Eric Dermond's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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