Irving And Betty Berman Family Foundation Inc in Washington, District of Columbia (DC)

Organization representatives - add corrected or new information about Irving And Betty Berman Family Foundation Inc »

Non-representatives - add comments about Irving And Betty Berman Family Foundation Inc»

Irving And Betty Berman Family Foundation Inc
Employer Identification Number (EIN)522057768
Name of OrganizationIrving And Betty Berman Family Foundation Inc
In Care of NameAllan J Berman President
Address5100 Lowell Ln Nw, Washington, DC 20016-2608
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date10/1997
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Not required to file (all other)
Asset Amount$141,474
Amount of Income$8,738
Form 990 Revenue Amount$1,096
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Independent Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 18.219.15.112 will be logged.

Amount of income in 2013: $8,738 (it was $34,688 in 2012)
This organization: 

 $8,738
Other organizations performing similar types of work: 

 $120,021

Assets in 2013: $141,474 (it was $149,652 in 2012)
This organization: 

 $141,474
Other organizations performing similar types of work: 

 $470,342

Expenses in 2012: $26,585
Irving And Betty Berman Family Foundation Inc: 

 $26,585
Other organizations performing similar types of work: 

 $61,754

Income to expenses ratio in 2012: 0.3
This organization: 

 0.3
Other organizations performing similar types of work: 

 2.0

Grants share in income in 2012: 211.3%
This organization: 

 211.3%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Expenses for 2012

Assets for 2012

Analysis of Revenue and Expenses (for 2012)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$4,259$3,700$0
Contributions, gifts, grants, etc., received$9,000
Interest on savings and temporary cash investments$0
Dividends and interest from securities$3,700
Gross rents$0
Gross profit from sales of goods$0
Other income$0
Total expenses and disbursements$26,585$0$0$21,735
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$4,850$0$0
Contributions, gifts, grants paid$21,735
Excess of revenue over expenses and disbursements$-22,326
Net investment income$3,700
Adjusted net income$0
Balance Sheets (for 2012)
Book ValueFair Market Value
Total assets$149,652$178,413
Cash - non-interest-bearing$10,063
Investments-U.S. and state government obligations$0
Investments-corporate stock$139,589
Investments-corporate bonds$0
Investments-mortgage loans$0
Investments-other$0
Total liabilities$0
Total liabilities and net assets/fund balances$149,652
Capital Gains and Losses for Tax on Investment Income (for 2012)
Capital gain net income$0
Net capital loss$-8,441
Excise Tax Based on Investment Income (for 2012)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$37
Total credits and payments$81
2012 estimated tax payments and 2011 overpayment credited to 2012$81
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Tax due$0
Overpayment$44
Amount to be credited to 2013 estimated tax$44
Statements Regarding Activities (for 2012)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2012)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2012)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$162,172
Net value of noncharitable-use assets$159,740
Minimum investment return$7,987
Distributable Amount (for 2012)
Distributable amount$7,950
Undistributed Income (for 2012)
Distributable amount for 2012$7,950
Undistributed income for 2012. This amount must be distributed in 2013$0
Private Operating Foundations (for 2012)
2012201120102009Total
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Irving And Betty Berman Family Foundation Inc to others? (optional)
  
Add photo of Irving And Betty Berman Family Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1S & G FoundationPO BOX 860, Saratoga Spgs, NY 12866-0860NY1998-01$316,260,515
2The Walsh Foundation190 S Lasalle St Ste 1700, Chicago, IL 60603-3496IL1995-06$46,605,330
3Tasajillo Charitable Trust, Wyatt O S Jr TteePO BOX 56223, Houston, TX 77256-6223TX1997-06$40,568,060
4Bedford Falls Foundation C/O Joanne Barkett Conway1001 Pennsylvania Avenue Nw No 220s, Washington, DC 20004-2525DC1997-04$6,400,818
5Kimsey Foundation1700 Pennsylvania Ave Nw Ste 900, Washington, DC 20006-4730DC1997-05$2,476,230
6Alice And Russell True Foundation4100 Cathedral Ave Nw Ste 510, Washington, DC 20016-3513DC1997-11$1,816,720
7Kirstein Family Foundation Inc3282 N St Nw, Washington, DC 20007-2846DC1998-08$1,032,713
8The Jeffery D Bender Foundation1025 Connecticut Ave Nw Ste 606, Washington, DC 20036-5437DC1998-02$625,431
9Omega Life Membership Foundation IncPO BOX 92882, Washington, DC 20090-2882DC1989-08$484,563
10David R Macdonald Foundation815 Connecticut Ave Nw Ste 900, Washington, DC 20006-4004DC1996-08$319,411
11Mckinster Charitable Foundation, Whitworth Frank J TteeTca Trustcorp America, Washington, DC 20015DC1998-04$38,465
12The@linda And Isaac Stern Charitable Foundation, Stern Isaac Ttee2101 Connecticut Avenue Nw, Washington, DC 20008-1728DC1998-12$36,495
13The Rebecca Pollard Guggenheim Logan Foundation1700 K St Nw 300, Washington, DC 20006DC1995-10$32,345
14Morning Sun Foundation1233 20th St Nw Ste 610, Washington, DC 20036-7322DC1995-08$24,262
15Sk Shurberg-Klein Foundation Inc700 7th St Sw Ste 3, Washington, DC 20024-2442DC1997-08$13,795
16Maxon Foundation, Ackerly Dana T & Sophia M Co-Ttees4989 Glenbrook Rd Nw, Washington, DC 20016-3222DC1996-05$9,092
17Irving And Betty Berman Family Foundation Inc5100 Lowell Ln Nw, Washington, DC 20016-2608DC1997-10$8,738
18Walter And Caren Forbes Family Foundation725 Twelfth St Ste Nw, Washington, DC 20005-3901DC1998-03$1
19C Y Shaw Memorial Educational Tr, Shaw Jane Liu Et Al Ttee5101 38th St Nw, Washington, DC 20016-4203DC1996-03$0
20Central Asia Research And Development Center1250 24th St Nw Ste 300, Washington, DC 20037-1186DC1996-02$0
Number of organizations performing similar types of work
Alabama57
Arkansas13
Arizona25
California194
Colorado52
Connecticut33
District of Columbia19
Delaware17
Florida265
Georgia95
Hawaii12
Iowa17
Idaho7
Illinois126
Indiana58
Kansas19
Kentucky18
Louisiana33
Massachusetts75
Maryland77
Maine8
Michigan100
Minnesota45
Missouri17
Mississippi18
Montana7
North Carolina122
North Dakota2
Nebraska18
New Hampshire11
New Jersey112
New Mexico4
Nevada17
New York230
Ohio138
Oklahoma29
Oregon20
Pennsylvania166
Rhode Island22
South Carolina27
South Dakota2
Tennessee51
Texas160
Utah24
Virginia74
Vermont8
Washington23
Wisconsin52
West Virginia16
Wyoming7
International2
Total2,744

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Irving And Betty Berman Family Foundation Inc and has no official or unofficial affiliation with Irving And Betty Berman Family Foundation Inc