Edward & Rose Berman Legacy Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2004, with $1,343,597 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.3M
▲ 813.3% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$598K
Net assets
$1.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Edward & Rose Berman Legacy Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edward & Rose Berman Legacy Foundation: 24 mo reserves · +55% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Edward & Rose Berman Legacy Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edward & Rose Berman Legacy Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $139K (FY2020) to $1.3M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
55.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,343,597▲813% | $598,413▲411% | $1,178,845▲62.2% | $1,178,845▲62.2% | 990 |
| 2022 | $147,122▲919% | $117,114▼18.7% | $726,731▼18.8% | $726,731▼18.8% | 990 |
| 2021 | $14,435▼89.6% | $144,059▼77.5% | $895,400▼20.7% | $895,400▼20.7% | 990 |
| 2020 | $138,521 | $640,101 | $1,128,588 | $1,128,588 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Edward & Rose Berman Legacy Foundation totaling $57K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Combined Jewish Philanthropies of Greater Boston Inc | Education | 2018 | $57,000 |
Explore more
Data for Edward & Rose Berman Legacy Foundation (EIN 56-2413904) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.