Bernard Osher Foundation
- Assets
- $35.2m
- Revenue
- $1.7m
- Investments
- $28.2m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/1979
- Data as of
- 12/2022
- EIN
- 94-2506257
Organization Overview
Bernard Osher Foundation is located in San Francisco, CA. The organization was established in 1979. 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. Bernard Osher 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, Bernard Osher Foundation generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $10.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bernard Osher Foundation has awarded 332 individual grants totaling $108,120,580. 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 |
|---|---|---|---|
Mary Bitterman President | 40 | $325,000 | |
Jeanie Hirokane Secretary | 40 | $102,000 | |
Harold Moffett CFO | 40 | $70,748 | |
Phyllis Cook Director | 1 | $400 | |
David Agger Director | 1 | $400 | |
John Gallo Director | 1 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100 |
| Interest on Savings | $50,932 |
| Dividends & Interest | $607,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,039,140 |
| Capital Gain Net Income | $1,039,140 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,698,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $498,948 |
| Other employee salaries and wages | $206,467 |
| Pension plans, employee benefits | $93,896 |
| Interest | $0 |
| Taxes | $57,069 |
| Depreciation | $19,170 |
| Occupancy | $306,865 |
| Travel, conferences, and meetings | $11,897 |
| Printing and publications | $0 |
| Other expenses | $37,069 |
| Total operating and administrative expenses | $1,569,991 |
| Contributions, gifts, grants paid | $9,246,500 |
| Total expenses and disbursements | $10,816,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,540,808 |
| Net Accounts receivable | $1,176 |
| 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 | $51,888 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $28,221,717 |
| Net Land, buildings, and equipment | $95,544 |
| Other assets | $2,284,546 |
| Total assets | $35,195,679 |
| Accounts payable and accrued expenses | $41,316 |
| Grants payable | $1,514,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,211,797 |
| Total liabilities | $3,767,113 |
Grants Awarded
Over the last fiscal year, Bernard Osher Foundation has awarded $9,265,500 in support to 137 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF DAYTON PURPOSE: REENTRY SCHOLARSHIPS | $1,050,000 |
UC MERCED FOUNDATION PURPOSE: REENTRY SCHOLARSHIPS | $1,050,000 |
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: REENTRY SCHOLARSHIPS | $1,050,000 |
BISMARCK STATE COLLEGE PURPOSE: LIFELONG LEARNING INSTITUTES | $1,050,000 |
DRAKE UNIVERSITY PURPOSE: LIFELONG LEARNING INSTITUTES | $1,050,000 |
NORTHWESTERN UNIVERSITY PURPOSE: OSHER NATIONAL CONFERENCE | $250,000 |