Ne & JZ Berman Family Foundation

Private foundation · Grantmaker Bethel Island, CA EIN: 20-8998920

Ne & JZ Berman Family Foundation is a private foundation, based in Bethel Island, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $565K in total assets. Net investment income was $489.

Key facts about Ne & JZ Berman Family Foundation

EIN
20-8998920
Latest 990 filing
Form 990-PF, 2024
Total assets
$565,272

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$565K

+0.1% YoY

Revenue

$453

+69.7% YoY

Net Investment Income

$489

+14.0% YoY

Expenses

$62

-94.2% YoY

Under IRS private-foundation payout rules, Ne & JZ Berman Family Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

How Ne & JZ Berman Family Foundation gives

  • In 2022 it paid out 97% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

ClevelandCleveland Heights

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K8 grants2020 8 grants2021 8 grants2022 0 grants2023 0 grants2024

From 2020 to 2022, annual grant giving ranged from $28K (2022) to $30K (2020). In 2022 it made 8 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$565,272$564,881$565,676
Revenue$453$267$-4,911
Expenses$62$1,062$30,014
Qualifying Distributions——$28,315
Net Investment Income$489$429$1,122
Distributable Amount$27,702$27,686$29,062

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ne & JZ Berman Family Foundation's only listed officer is Charles Berman, Officer on every filing since 2020 (uncompensated).

Officers on the 2024 filing

  • Charles Berman

    Officer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Ne & JZ Berman Family Foundation

How large is Ne & JZ Berman Family Foundation?

Ne & JZ Berman Family Foundation reported $565K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $453.

Where does Ne & JZ Berman Family Foundation operate?

Ne & JZ Berman Family Foundation has awarded grants in Ohio.

How much is Ne & JZ Berman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ne & JZ Berman Family Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ne & JZ Berman Family Foundation's EIN?

Ne & JZ Berman Family Foundation's EIN (Employer Identification Number) is 20-8998920. IRS Form 990 filing data is available on this page for 2020–2024.

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

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