Bill Bernbach Foundation
- Assets
- $501.3k
- Revenue
- $46.3k
- Investments
- $449.1k
- Employees
- 0
- Location
- Bedford Hills, NY
- Founding
- 03/1970
- Data as of
- 12/2022
- EIN
- 23-7060333
Organization Overview
Bill Bernbach Foundation is located in Bedford Hills, NY. The organization was established in 1970. 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. Bill Bernbach Foundation 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, Bill Bernbach Foundation generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Bill Bernbach Foundation has awarded 43 individual grants totaling $329,715. 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 Bernbach President | 0 | $0 | |
Therese Bernbach Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,582 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,713 |
| Capital Gain Net Income | $32,713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,295 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,172 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,991 |
| Total operating and administrative expenses | $12,063 |
| Contributions, gifts, grants paid | $80,250 |
| Total expenses and disbursements | $92,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,143 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,063 |
| 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 | $254,304 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $501,339 |
| 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, Bill Bernbach Foundation has awarded $80,250 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKLYN ACADEMY OF MUSIC PURPOSE: ACHIEVE CHARITABLE PURPOSE | $2,000 |
SAINT ANN'S SCHOOL PURPOSE: ACHIEVE CHARITABLE PURPOSE | $20,000 |
ALZHEIMERS DRUG RECOVERY FOUNDATION PURPOSE: ACHIEVE CHARITABLE PURPOSE | $25,000 |
THE METROPOLITAN OPERA PURPOSE: ACHIEVE CHARITABLE PURPOSE | $3,250 |
BROOKLYN MUESUM PURPOSE: ACHIEVE CHARITABLE PURPOSE | $10,000 |
THE ACTING COMPANY PURPOSE: ACHIEVE CHARITABLE PURPOSE | $1,250 |