The Rick & Jo Berquist Foundation

Foundation · Grantmaker 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.

Key facts about The Rick & Jo Berquist Foundation

EIN
20-8621519
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,200
Grants made (2024)
2
Average grant
$3,100
Median grant
$3,100
Total assets
$32,167
Primary geography
Michigan (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How The Rick & Jo Berquist Foundation gives

  • Giving fell 72% from 2021 to 2024. Method
  • In 2024 it paid out 318% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Rick & Jo Berquist Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32K

-12.3% YoY

Annual Giving

$6K

+416.7% YoY

Grant Count

2

+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

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.

Your AI grants department

Ready to take the next step with The Rick & Jo Berquist Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 2 itemized 2024 grant dollars.

Cities

WashingtonHoughtonWashington DcDuluth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K2 grants20204 grants20212 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Michigan Tech University: $5KMichigan Tech University$5KJudicial Watch: $1KJudicial Watch$1K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

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

RecipientPurposeAmount
MICHIGAN TECH UNIVERSITY Houghton, MIDONATION$5,000
JUDICIAL WATCH Washington, DCDONATION$1,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Alton R BerquistPres./Treasu——
Joan K BerquistSecretary——

Subject Areas

Focus areas based on grantmaking activity

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.

Explore Open Grants

Browse active grant opportunities in The Rick & Jo Berquist Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Florida

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching The Rick & Jo Berquist Foundation by hand.