The Daniel and Karen Berman Foundation
The Daniel and Karen Berman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $199K. Net investment income was $213K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-0.3% YoY
Annual Giving
$199K
+1.1% YoY
Grant Count
17
+30.8% YoY
Avg Grant Size
$12K
-22.7% YoY
Under IRS private-foundation payout rules, The Daniel and Karen Berman Foundation reported a distributable amount of $243K for 2024 — the minimum it must pay out in qualifying distributions.
About The Daniel and Karen Berman Foundation
Based on IRS filings
The Daniel and Karen Berman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $199K. Net investment income was $213K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,293,267 | $1,297,326 | $1,459,836 |
| Revenue | $213,191 | $51,428 | $41,495 |
| Expenses | $217,250 | $213,938 | $212,162 |
| Qualifying Distributions | $216,389 | $213,326 | $211,662 |
| Net Investment Income | $213,130 | $51,444 | $41,495 |
| Distributable Amount | $242,524 | $216,184 | $213,481 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Durham-chapel Hill Jewish Federation ($110,400), Donor Advised Charitable Giving ($31,800), Carolina Theatre of Durham Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAROLINA THEATRE OF DURHAM INC DURHAM, NC | General & Unrestricted | $10,000 |
| CHORDOMA FOUNDATION DURHAM, NC | General & Unrestricted | $1,000 |
| DONOR ADVISED CHARITABLE GIVING OMAHA, NE | Daniel and Karen Berman Charitable Fund | $31,800 |
| DUKE UNIVERSITY DURHAM, NC | Trinity Annual Fund | $1,000 |
| DUKE UNIVERSITY DURHAM, NC | Duke Law School Annual Fund | $2,500 |
| DURHAM-CHAPEL HILL JEWISH FEDERATION DURHAM, NC | Food Bank fund | $2,500 |
| DURHAM-CHAPEL HILL JEWISH FEDERATION DURHAM, NC | Annual Campaign | $5,000 |
| DURHAM-CHAPEL HILL JEWISH FEDERATION DURHAM, NC | the Building For Good Capital Campaign | $110,400 |
| FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC RALEIGH, NC | General & Unrestricted | $10,000 |
| GREATER TRENTON JEWISH CEMETERY PROJECT INC HALILTON, NJ | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Daniel S Berman | Pres, Dir, Sec | 1 | — |
| Karen Berman | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Daniel and Karen Berman Foundation?
The Daniel and Karen Berman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.3M in total assets as of 2024.
How large is The Daniel and Karen Berman Foundation?
As of 2024, The Daniel and Karen Berman Foundation holds $1.3M in total assets with $213K in annual revenue. It awarded 17 grants totaling $199K in 2024.
Where does The Daniel and Karen Berman Foundation operate?
The Daniel and Karen Berman Foundation has awarded grants in California, Florida, North Carolina, Nebraska, New Jersey, New York, Oregon.
What size grants does The Daniel and Karen Berman Foundation award?
In 2024, The Daniel and Karen Berman Foundation awarded 17 grants totaling $199K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Daniel and Karen Berman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Daniel and Karen Berman Foundation reported a distributable amount of $243K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Daniel and Karen Berman Foundation's EIN?
The Daniel and Karen Berman Foundation's EIN (Employer Identification Number) is 20-3966126. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Daniel and Karen Berman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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