The Rick & Jo Berquist Foundation

PALMETTO, FL EIN: 20-8621519

The Rick & Jo Berquist Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALMETTO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 2 grants totaling $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32K

-12.3% YoY

Annual Giving

$6K

+416.7% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$3K

+158.3% YoY

Under IRS private-foundation payout rules, The Rick & Jo Berquist Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About The Rick & Jo Berquist Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $47K (87%)

District of Columbia $7K (12%)

Georgia $200 (0%)

States

District of Columbia Georgia Michigan

Cities

DuluthHoughtonWashingtonWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$32,167	$36,668	$38,476
Revenue	$3,839	$1,756	$3,494
Expenses	$8,340	$3,564	$25,294
Qualifying Distributions	$6,200	$1,200	$23,200
Net Investment Income	—	—	—
Distributable Amount	$1,952	$2,056	$2,301

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

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Michigan Tech University ($5,000), Judicial Watch ($1,200).

Recipient	Purpose	Amount
JUDICIAL WATCH WASHINGTON, DC	DONATION	$1,200
MICHIGAN TECH UNIVERSITY HOUGHTON, MI	DONATION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ALTON R BERQUIST	PRES./TREASU	—	—
JOAN K BERQUIST	SECRETARY	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Rick & Jo Berquist Foundation?

The Rick & Jo Berquist Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALMETTO, FL. It holds $32K in total assets as of 2024.

How large is The Rick & Jo Berquist Foundation?

As of 2024, The Rick & Jo Berquist Foundation holds $32K in total assets with $4K in annual revenue. It awarded 2 grants totaling $6K in 2024.

Where does The Rick & Jo Berquist Foundation operate?

The Rick & Jo Berquist Foundation has awarded grants in District of Columbia, Georgia, Michigan.

What size grants does The Rick & Jo Berquist Foundation award?

In 2024, The Rick & Jo Berquist Foundation awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Rick & Jo Berquist Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rick & Jo Berquist Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Rick & Jo Berquist Foundation's EIN?

The Rick & Jo Berquist Foundation's EIN (Employer Identification Number) is 20-8621519. IRS Form 990 filing data is available on this page for 2020–2024.