Fondation Berma

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133068203 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Fondation Berma?

Fondation Berma is a nonprofit organization situated in New York City, specifically at 28 Liberty Street, New York, NY 10005. Their primary focus encompasses providing financial assistance and allocations for various causes, including education, culture, religion, and social welfare, as outlined in an attached schedule. Their mission and activities align with religious, charitable, scientific, and social welfare objectives.

Is Fondation Berma legitimate?

Fondation Berma is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fondation Berma submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $40,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fondation Berma?

The Fondation Berma is dedicated to serving various purposes, including the religious, charitable, scientific, educational, and social welfare sectors. Its mission, as stated, encompasses these areas, implying a commitment to providing grants and allocations for initiatives in education, culture, religion, and social welfare, as outlined in an attached schedule.

Who is the CEO of Fondation Berma?

Philippe Grumbach is the President of Fondation Berma.

What is the revenue of Fondation Berma?

Fondation Berma's revenue in 2022 was $7,242,654.

Who are the executives of Fondation Berma and what are their salaries?


Here are 6 key members and their salaries:


Beatrice Rosenberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philippe A Grumbach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Viviane Hirsch (Member Of Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Huttman (Member Of Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariel Weiss (Member Of Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Berma Trust Sa (Nominates Council Members)
  • Compensation: $46,639
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fondation Berma?

Fondation Berma's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fondation Berma

Fondation Berma is a nonprofit organization with a multifaceted mission, encompassing religious, charitable, scientific, educational, and social welfare purposes. The foundation is committed to distributing grants and allocations for various causes, including education, culture, religion, and social welfare, as outlined in their attached schedule. By focusing on these areas, Fondation Berma seeks to contribute positively to society and support initiatives that align with its mission.

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Impact




October, 2024

Fondation Berma significantly contributes to various sectors through its grants and allocations aimed at educational, cultural, religious, and social welfare purposes. Operating out of New York, it focuses on enhancing community well-being and support, promoting knowledge, and fostering cultural understanding. By addressing a range of needs, the foundation plays a key role in the fabric of society, ensuring resources are available for those seeking educational opportunities and cultural enrichment. Its commitment to social welfare helps to uplift communities and support the development of programs that create lasting impacts on individuals and groups in need. Through its diverse initiatives, Fondation Berma embodies the principles of philanthropy and reinforces social responsibility within the community.




This information is meant to be a general summary of Fondation Berma. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,242,654 (2022)
Expenses
$10,541,188 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,571,907
  • Gross Receipts: $80,912,918

Assets and Liabilities:

  • Total Assets: $266,693,287
  • Total Liabilities: $265,727
  • Net Assets: $266,427,560

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Organization Details

Founding Year

1980

Principal Officer

Philippe Grumbach

Main Address

co Carter Ledyard 28 Liberty St, New York, NY, 10005

NTEE Category

Code: T00 - Philanthropy

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