Sol & Naomi Berman Charitable Foundation

POTTSTOWN, PA EIN: 23-6289693

Sol & Naomi Berman Charitable Foundation is a private foundation, based in POTTSTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $150K in total assets. In 2024, it awarded 6 grants totaling $16K. Net investment income was $38K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$150K

+0.1% YoY

Annual Giving

$16K

+94.4% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$3K

+62.0% YoY

Under IRS private-foundation payout rules, Sol & Naomi Berman Charitable Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Sol & Naomi Berman Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $23K (48%)

Florida $20K (43%)

District of Columbia $4K (9%)

States

District of Columbia Florida Pennsylvania

Cities

AllentownMerion StationPhiladelphiaPottstownWashingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$149,720	$149,577	$131,174
Revenue	$40,426	$5,588	$15,781
Expenses	$22,737	$13,474	$41,824
Qualifying Distributions	$15,750	$8,100	$23,200
Net Investment Income	$38,439	$3,714	$11,517
Distributable Amount	$7,019	$7,084	$7,883

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

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Norton Museum of Art ($5,000), Ann Norton Sculpture Gardens ($4,750), Foundation for Pottstown Education ($2,250).

Recipient	Purpose	Amount
ANN NORTON SCULPTURE GARDENS WEST PALM BEACH, FL	UNRESTRICTED	$4,750
FOUNDATION FOR POTTSTOWN EDUCATION POTTSTOWN, PA	UNRESTRICTED	$2,250
GOOD SHEPHERD ALLENTOWN, PA	UNRESTRICTED	$1,750
NORTON MUSEUM OF ART WEST PALM BEACH, FL	UNRESTRICTED	$5,000
ADATH ISRAEL MERION STATION, PA	UNRESTRICTED	$500
YWCA WASHINGTON, DC	UNRESTRICTED	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALLEN S BERMAN	PRESIDENT	3	—

Frequently Asked Questions

How large is Sol & Naomi Berman Charitable Foundation?

As of 2024, Sol & Naomi Berman Charitable Foundation holds $150K in total assets with $40K in annual revenue. It awarded 6 grants totaling $16K in 2024.

Where does Sol & Naomi Berman Charitable Foundation operate?

Sol & Naomi Berman Charitable Foundation has awarded grants in District of Columbia, Florida, Pennsylvania.

What size grants does Sol & Naomi Berman Charitable Foundation award?

In 2024, Sol & Naomi Berman Charitable Foundation awarded 6 grants totaling $16K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Sol & Naomi Berman Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sol & Naomi Berman Charitable Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sol & Naomi Berman Charitable Foundation's EIN?

Sol & Naomi Berman Charitable Foundation's EIN (Employer Identification Number) is 23-6289693. IRS Form 990 filing data is available on this page for 2020–2024.