David & Minnie Berk Foundation Inc
- Assets
- $1.2m
- Revenue
- $50.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1962
- Data as of
- 10/2023
- EIN
- 11-6038062
Organization Overview
David & Minnie Berk Foundation Inc is located in New York, NY. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David & Minnie Berk Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, David & Minnie Berk Foundation Inc generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $114.7k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David & Minnie Berk Foundation Inc has awarded 84 individual grants totaling $599,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zach Sussman Treasurer | 0 | $0 | |
Donald Berk President | 0 | $0 | |
Susan Sussman 2nd Vice Pre | 0 | $0 | |
Joy Levien 1st VP | 0 | $0 | |
David Eby Secretary | 0 | $0 | |
Daniel Berk Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $604 |
| Dividends & Interest | $35,049 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,418 |
| Capital Gain Net Income | $14,418 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,071 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,204 |
| Contributions, gifts, grants paid | $97,500 |
| Total expenses and disbursements | $114,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$24,523 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,206,122 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, David & Minnie Berk Foundation Inc has awarded $97,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HEALTH ADVOCATES FOR OLDER PEOPLE PURPOSE: GENERAL SUPPORT | $5,000 |
THERAYOUTH PURPOSE: GENERAL SUPPORT | $10,000 |
ARCHANE THEATRICAL PRODUCTIONS PURPOSE: GENERAL SUPPORT | $10,000 |
CECILIA CHORUS OF NEW YORK PURPOSE: GENERAL SUPPORT | $10,000 |
GRACE CHORALE OF BROOKLYN PURPOSE: GENERAL SUPPORT | $2,500 |
START LIGHTHOUSE INC PURPOSE: GENERAL SUPPORT | $10,000 |