The Berkley Family Foundation

Private foundation · Grantmaker Miami, FL EIN: 20-2659766

The Berkley Family Foundation is a private foundation, based in Miami, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 9 grants totaling $3.0M. Net investment income was $34K.

Key facts about The Berkley Family Foundation

In short: The Berkley Family Foundation gave $3.0M across 9 grants in 2024 (avg $329K), top state Connecticut. Source: 2024 IRS Form 990-PF.

EIN
20-2659766
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,958,000
Grants made (2024)
9
Average grant
$328,667
Median grant
$100,000
Total assets
$1,788,778
Primary geography
Connecticut (43% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-40.8% YoY

Annual Giving

$3.0M

-2.1% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$329K

-23.9% YoY

Under IRS private-foundation payout rules, The Berkley Family Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

How The Berkley Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+10%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

6states

Share of all 9 itemized 2024 grant dollars.

Cities

GreenwichNew YorkWesterlyAlexandriaBillingsCos CobEastonMadison AvenueNew HavenNorthamptonWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M6 grants20214 grants20227 grants20239 grants2024

From 2021 to 2024, annual grant giving ranged from $2.7M (2021) to $5.6M (2022). In 2024 it made 9 grants totaling $3.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Brunswick School: $1.0MBrunswick School$1.0MTrustees of Smith College: $1.0MTrustees of Smith College$1.0MHoratio Alger Association: $500KHoratio Alger Association$500KGreenwich Hospital Foundation: $250KGreenwich Hospital Foundation$250KThe Westerly Hospital Foundation: $100KThe Westerly HospitalFoundation$100KNYU Institute of Fine Arts: $50KNYU Institute of Fine Arts$50KHopes & Heroes: $16KHopes & Heroes$16KJDRF International: $10KJDRF International$10KHelp Our Military Heroes: $7KHelp Our Military Heroes$7K

The largest 2024 recipient was Brunswick School ($1.0M). Together the top 9 received $3.0M.

Grant Size Distribution

26 grants across all recorded years

9<$50K2$50–100K4$100–250K2$250–500K2$500K–1M7$1–5M$5M+

The most common grant size was under $50K: 9 grants of 26 (35%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Brunswick School Greenwich, CTCharitable, Educational, Scientific, or Literary$1,025,000
Trustees of Smith College Northampton, MASmith College for the Athletics Renovation Fund$1,000,000
Horatio Alger Association Alexandria, VAStudent's Stipend$500,000
Greenwich Hospital Foundation Cos Cob, CTCharitable, Educational, Scientific, or Literary$250,000
The Westerly Hospital Foundation Westerly, RICharitable, Educational, Scientific, or Literary$100,000
NYU Institute of Fine Arts New York, NYAnnual Fund & PHD Stipends$50,000
Hopes & Heroes Billings, NYCharitable, Educational, Scientific, or Literary$16,000
JDRF International New York, NYCharitable, Educational, Scientific, or Literary$10,000
Help Our Military Heroes Easton, CTCharitable, Educational, Scientific, or Literary$7,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2021202220232024
Metric202420232022
Total Assets$1,788,778$3,023,250$3,456,653
Revenue$1,724,149$2,610,845$2,558,233
Expenses$2,958,621$3,024,483$5,614,263
Qualifying Distributions$2,958,108$3,023,170$5,612,426
Net Investment Income$34,145$34,532$6,396
Distributable Amount$112,670$125,879$120,043

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

The Berkley Family Foundation is led by William R. Berkley, President since 2023 (on filings since 2021); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • William R. Berkley

    President

    Director, President & Secretary → President, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Marjorie J. Berkley

    Secretary & Treasurer

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • William R. Berkley Jr.

    Vice President

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Former officers (2)
  • Former: David J. McCabe (2021–2022) — Director
  • Former: Jack H. Nusbaum (2021–2022) — Director

Data from IRS Form 990 filings, 2021–2024. "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 The Berkley Family Foundation

How much does The Berkley Family Foundation give each year?

The Berkley Family Foundation gave $3.0M across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.0M across 7 grants.

What is The Berkley Family Foundation's typical grant size?

The Berkley Family Foundation's median grant in 2024 was $100,000, and its average grant was $328,667, across 9 grants on its 2024 IRS Form 990-PF.

Where does The Berkley Family Foundation give grants?

The Berkley Family Foundation's top state is Connecticut, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (34%) and Virginia (17%). The most frequent recipient cities were New York, NY (2 grants).

Does The Berkley Family Foundation give general operating support?

Yes: 11% of The Berkley Family Foundation's 2024 grants with a stated purpose (1 of 9) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Charitable, Educational, Scientific, or Literary" (6 grants).

Who are The Berkley Family Foundation's largest grantees?

The Berkley Family Foundation's largest 2024 grantees include Brunswick School ($1,025,000), Trustees of Smith College ($1,000,000) and Horatio Alger Association ($500,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.

How large is The Berkley Family Foundation?

The Berkley Family Foundation reported $1.8M in total assets on its 2024 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).

What is The Berkley Family Foundation's EIN?

The Berkley Family Foundation's EIN (Employer Identification Number) is 20-2659766. IRS Form 990 filing data is available on this page for 2021–2024.

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

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