The Michael & Nancy Berman Family Foundation
The Michael & Nancy Berman Family 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 $384K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$384K
+1.3% YoY
Annual Giving
$4K
-86.5% YoY
Grant Count
2
-84.6% YoY
Avg Grant Size
$2K
-12.3% YoY
Under IRS private-foundation payout rules, The Michael & Nancy Berman Family Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About The Michael & Nancy Berman Family Foundation
Based on IRS filings
The Michael & Nancy Berman Family 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 $384K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $18K.
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 | $383,667 | $378,664 | $395,190 |
| Revenue | $17,709 | $18,298 | $5,704 |
| Expenses | $12,706 | $34,824 | $142,603 |
| Qualifying Distributions | $12,452 | $34,745 | $142,386 |
| Net Investment Income | $17,709 | $18,298 | $5,704 |
| Distributable Amount | $18,427 | $19,036 | $20,645 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Girl Rising ($2,500), Yampa Valley Community Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Yampa Valley Community Foundation STEAMBOAT SPRINGS, CO | Casey's Pond Retirement Center | $1,000 |
| GIRL RISING PITTSFIELD, MA | Global Education Fund | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Erin Elizabeth Berman | VP | 1 | — |
| Kacie Ro Berman | VP | 1 | — |
| Michael Berman | Dir, Pres | 1 | — |
| Nancy Berman | Dir, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Michael & Nancy Berman Family Foundation?
The Michael & Nancy Berman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $384K in total assets as of 2024.
How large is The Michael & Nancy Berman Family Foundation?
As of 2024, The Michael & Nancy Berman Family Foundation holds $384K in total assets with $18K in annual revenue. It awarded 2 grants totaling $4K in 2024.
Where does The Michael & Nancy Berman Family Foundation operate?
The Michael & Nancy Berman Family Foundation has awarded grants in California, Colorado, District of Columbia, Hawaii, Massachusetts, New York, Oklahoma, South Dakota, Texas.
What size grants does The Michael & Nancy Berman Family Foundation award?
In 2024, The Michael & Nancy Berman Family Foundation awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Michael & Nancy Berman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michael & Nancy Berman Family Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michael & Nancy Berman Family Foundation's EIN?
The Michael & Nancy Berman Family Foundation's EIN (Employer Identification Number) is 83-1833501. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Michael & Nancy Berman Family 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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