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Filing year 2024

BERMEL FAMILY FOUNDATION

Simsbury, Connecticut·EIN 81-3483530·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$16k
Total assets
$458k
Total expenses
$88k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. BERMEL FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$81k

Itemized grants

5

Median grant

$10k

RecipientLocationPurposeAmount
SCONSET TRUST INCSIASCONSET, MAFOR GENERAL CHARITABLE PURPOSES$45k
SANKATY HEAD FOUNDATION INCSIASCONSET, MAFOR GENERAL CHARITABLE PURPOSES$25k
NANTUCKET CONSERVATION FOUNDATIONNANTUCKET, MAFOR GENERAL CHARITABLE PURPOSES$10k
ON THE ISLE CORPORATIONSIASCONSET, MAFOR GENERAL CHARITABLE PURPOSES$500
MEMORIAL SLOAN KETTERING CANCER CENTERNEW YORK, NYFOR GENERAL CHARITABLE PURPOSES$250
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

BERMEL FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$18k
$77k
2023
$16k
$88k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Connecticut

BERMEL FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Connecticut earns a median of $31,500.

25th percentile
$8k
Median
$31,500
75th percentile
$95k
90th percentile
$218k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 377 organizations across 377 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Connecticut
FAQ

Common questions about BERMEL FAMILY FOUNDATION

What are BERMEL FAMILY FOUNDATION's revenue and expenses?

In 2024, BERMEL FAMILY FOUNDATION reported $16k in total revenue and $88k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.