Kurt Berliner Foundation Inc
- Assets
- $1.4m
- Revenue
- $36.2k
- Investments
- $1.3m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 13-3320078
Organization Overview
Kurt Berliner Foundation Inc is located in Greenwich, CT. The organization was established in 1994. 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. Kurt Berliner 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 12/2022, Kurt Berliner Foundation Inc generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $237.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kurt Berliner Foundation Inc has awarded 268 individual grants totaling $1,266,707. 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 |
|---|---|---|---|
John T Avellino Director,pres & Treasurer | 1 | $0 | |
Repatti-Avellino ESQ Foundation Mgr | 38.2 | $54,000 | |
Gabriella Avellino MD Director,v-Pres & Secy | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $720 |
| Dividends & Interest | $35,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $61,244 |
| Net ST Capital Gain | $61,244 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $258 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,963 |
| Printing and publications | $0 |
| Other expenses | $2,349 |
| Total operating and administrative expenses | $84,235 |
| Contributions, gifts, grants paid | $153,653 |
| Total expenses and disbursements | $237,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,074 |
| 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 | $5,946 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $211,334 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,396,213 |
| Accounts payable and accrued expenses | $4,156 |
| 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 | $4,156 |
Grants Awarded
Over the last fiscal year, Kurt Berliner Foundation Inc has awarded $153,653 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
GARDEN CONSERVANCY PURPOSE: UNRESTRICTED | $100 |
METROPOLITAN MUSEUM OF ART PURPOSE: UNRESTRICTED | $5,000 |
AMERICAN MUSEUM NATURAL HISTORY PURPOSE: UNRESTRICTED | $50 |
ALZHEIMER'S COMMUNITY CARE PURPOSE: UNRESTRICTED | $3,560 |
AMERICAN HEART ASSOC PURPOSE: UNRESTRICTED | $100 |
CHARITY NAVIGATOR PURPOSE: UNRESTRICTED | $50 |