The Berman Scholarship Fund is a private foundation focused on Education, based in COLMAR, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63K in total assets. In 2024, it awarded 17 grants totaling $22K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$63K
-20.2% YoY
Annual Giving
$22K
+22.2% YoY
Grant Count
17
-5.6% YoY
Avg Grant Size
$1K
+29.4% YoY
Under IRS private-foundation payout rules, The Berman Scholarship Fund reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Berman Scholarship Fund
Based on IRS filings
The Berman Scholarship Fund is a private foundation focused on Education, based in COLMAR, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63K in total assets. In 2024, it awarded 17 grants totaling $22K. Net investment income was $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,968 | $78,871 | $90,394 |
| Revenue | $6,536 | $6,863 | $5,079 |
| Expenses | $22,421 | $18,376 | $21,969 |
| Qualifying Distributions | $22,000 | $18,000 | $21,500 |
| Net Investment Income | $6,115 | $6,487 | $4,610 |
| Distributable Amount | $4,099 | $4,507 | $5,519 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Angela Li ($2,000), Ashley Trimble ($2,000), Emily Troup ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AIDEN KOMAR RENO, NV | ACADEMIC SCHOLARSHIP | $1,000 |
| ANDREA KORTE BOLWING GREEN, MO | ACADEMIC SCHOLARSHIP | $1,000 |
| ANGELA LI AUDUBON, PA | ACADEMIC SCHOLARSHIP | $2,000 |
| ASHLEY TRIMBLE WARSAW, KY | ACADEMIC SCHOLARSHIP | $2,000 |
| ASHLYNN CHIRAG PATEL HATFIELD, PA | ACADEMIC SCHOLARSHIP | $500 |
| ASHTON BAXTER WARSAW, KY | ACADEMIC SCHOLARSHIP | $1,000 |
| DANIEL VANTHUYNE LANSDALE, PA | ACADEMIC SCHOLARSHIP | $1,000 |
| DANIELLE NYCE COLMAR, PA | ACADEMIC SCHOLARSHIP | $1,500 |
| DHVANI CHIRAG PATEL HATFIELD, PA | ACADEMIC SCHOLARSHIP | $500 |
| EMILY TROUP DOVE, PA | ACADEMIC SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN BERMAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Berman Scholarship Fund?
The Berman Scholarship Fund is a private foundation focused on Education, based in COLMAR, PA. It holds $63K in total assets as of 2024.
How large is The Berman Scholarship Fund?
As of 2024, The Berman Scholarship Fund holds $63K in total assets with $7K in annual revenue. It awarded 17 grants totaling $22K in 2024.
Where does The Berman Scholarship Fund operate?
The Berman Scholarship Fund has awarded grants in Georgia, Kentucky, Missouri, New Hampshire, New Jersey, Nevada, Ohio, Pennsylvania, South Carolina, Tennessee, Texas.
What size grants does The Berman Scholarship Fund award?
In 2024, The Berman Scholarship Fund awarded 17 grants totaling $22K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Berman Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Berman Scholarship Fund reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Berman Scholarship Fund's EIN?
The Berman Scholarship Fund's EIN (Employer Identification Number) is 25-6677260. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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