The Bersted Foundation
The Bersted Foundation is a private foundation established in 1972, located in Dallas, Texas. It operates as an independent foundation with a focus on making grants to qualified charitable organizations rather than conducting direct charitable activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.1M
-1.9% YoY
Grant Count
70
+7.7% YoY
Avg Grant Size
$16K
-8.9% YoY
Mission & Focus Areas
The foundation was established to support and promote quality educational, human services, and health care programming for underserved populations. Primary funding interests include:
- Education
- Human Services
- Health Care
- Philanthropy and Grantmaking
- Nonprofit Human Services
- Reproductive Health
Grantmaking
The foundation provides unrestricted general support to grantees.
Grant Range
$5,000–$45,000
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Geographic Focus
Where this funder awards grants
The foundation specifically serves the people of DeKalb, DuPage, Kane, and McHenry counties in Illinois, with additional funding activity in Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $27,568,271
- Total Revenues: $3,726,899
- Total Expenses: $1,448,641
- Staff: 1 employee
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
250 grants across all recorded years
Open Grants
1 open opportunity from The Bersted Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suicide Prevention ($30,000), Aurora Area Interfaith Food Pantry ($25,000), Dupage Pads Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 360 TRANSITIONAL LIVING Naperville, IL | EMERGENCY AND TRANSITIONAL | $20,000 |
| ALIVE CENTER Naperville, IL | UNRESTRICTED GENERAL | $20,000 |
| AURORA AREA INTERFAITH FOOD PANTRY AURORA, IL | UNRESTRICTED GENERAL | $25,000 |
| BRIDGE COMMUNITIES Glen Ellyn, IL | UNRESTRICTED GENERAL | $20,000 |
| CASA KANE COUNTY Geneva, IL | UNRESTRICTED GENERAL | $20,000 |
| CASA OF DUPAGE COUNTY INC Wheaton, IL | UNRESTRICTED GENERAL | $15,000 |
| COMMUNITY HOUSE Hinsdale, IL | THE WILLOWBROOK CORNER | $10,000 |
| CONSUMER CREDIT COUNSELING SERV Woodstock, IL | UNRESTRICTED GENERAL | $20,000 |
| DONKA INC Wheaton, IL | ASSITIVE TECHNOLOGY | $20,000 |
| DUPAGE CHILDREN'S MUSEUM Naperville, IL | UNRESTRICTED GENERAL | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America serves as Managing Director/Trustee for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | Trustee | 1 | $192,624 |
Contact Information
- Address: PO Box 653067, Dallas, TX 75265-3067
- Telephone: 888-866-3275
- Website: www.bankofamerica.com/grantmaking
- EIN: 36-6493609
Frequently Asked Questions
What does The Bersted Foundation fund?
The foundation was established to support and promote quality educational, human services, and health care programming for underserved populations. Primary funding interests include: • Education • Human Services • Health Care • Philanthropy and Grantmaking • Nonprofit Human Services • Reproductive Health
How do I apply for a grant from The Bersted Foundation?
**Grant Activity (2024)** • Total grants made: 51 grants • Total giving: $1,097,534 • Typical grant range: $5,000–$45,000 **Recent Grant Examples (2024)** • Suicide Prevention Services: $30,000 (Unrestricted General) • Senior Home Sharing: $25,000 (Unrestricted General) • Greater Elgin Family Care Center Endowment Trust: $25,000 (Unrestricted General) The foundation provides unrestricted general support to grantees.
Where does The Bersted Foundation make grants?
The foundation specifically serves the people of DeKalb, DuPage, Kane, and McHenry counties in Illinois, with additional funding activity in Massachusetts.
What size grants does The Bersted Foundation award?
In 2024, The Bersted Foundation awarded 70 grants totaling $1.1M — an average of about $16K per grant, based on its IRS Form 990 filings.
What is The Bersted Foundation's EIN?
The Bersted Foundation's EIN (Employer Identification Number) is 36-6493609. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Bersted Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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