The Neuberger Berman Foundation
- Assets
- $17.4m
- Revenue
- $10.9m
- Investments
- $16.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2000
- Data as of
- 11/2022
- EIN
- 31-1736689
Organization Overview
The Neuberger Berman Foundation is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Neuberger Berman 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 11/2022, Neuberger Berman Foundation generated $10.9m in total revenue. All expenses for the organization totaled $1.6m during the year ending 11/2022. While expenses have increased by 2.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Pedowitz Treasurer | 2 | $0 | |
Allison Saloy Director | 1 | $0 | |
Maria Angelov President | 20 | $0 | |
Heather Zuckerman Director | 1 | $0 | |
Jennifer Laird Director | 1 | $0 | |
Steve Wright Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,235,428 |
| Interest on Savings | $0 |
| Dividends & Interest | $420,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $229,521 |
| Capital Gain Net Income | $265,478 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,939 |
| Total Revenue | $10,890,613 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,008 |
| Taxes | $8,871 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,139 |
| Total operating and administrative expenses | $137,673 |
| Contributions, gifts, grants paid | $1,443,002 |
| Total expenses and disbursements | $1,580,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,677 |
| Savings and temporary cash investments | $590,933 |
| 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 | $8,198,180 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $44,970 |
| Total assets | $17,391,063 |
| 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 | $118,148 |
| Total liabilities | $118,148 |
Grants Awarded
Over the last fiscal year, The Neuberger Berman Foundation has awarded $1,443,002 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE STATEMENT E PURPOSE: SEE STATEMENT E | $1,443,000 |
PASS THRU K1- CHARITABLE CONTRIBUTIONS PAID PURPOSE: PASS THRU K1 CHARITABLE CONTRIBUTIONS PAID | $2 |