Berkshire Charitable Foundation
EIN 201812559About
We respectfully request that Berkshire Charitable Foundation's quarterly estimated taxes for taxable year ending December 31, 2024 be treated as timely paid and request that the $127 penalty indicated on Form 2220 be abated because the underpayments in Q3 and Q4 was due to reasonable cause. Treasury Regulations Sec 301.6651-1(c)(1) defines reasonable by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to calculate its quarterly estimates for tax period ending December 31, 2024. The firm's software correctly determined that the foundation could pay its Q3 and Q4 estimates based on prior year tax liability. However, since that liability was under $500, the software incorrectly indicated that no quarterly payment was due. As soon as the error was discovered, the foundation paid the required tax. We believe that the underpayment was due to reasonable cause and in no way due to an intentional disregard for the rules and respectfully request that no 2220 penalty be assessed.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $503K | $12.4M | $402K | 48 |
| 2021 | $500K | $13.3M | $849K | 44 |
| 2022 | $590K | $10.4M | $414K | 47 |
| 2023 | $520K | $11.5M | $509K | 42 |
| 2024 | $510K | $12.3M | $1.0M | 43 |
Grant Size Distribution
Based on 224 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (224 total)
| Purpose | ||||
|---|---|---|---|---|
| Crew Boosters of Winter Park Inc | Winter Park, FL | $37,500 | General & Unrestricted | 2022 |
| Bradley Free Clinic of Roanoke Valley | Roanoke, VA | $35,000 | General & Unrestricted | 2024 |
| Bradley Free Clinic of Roanoke Valley | Roanoke, VA | $30,000 | General & Unrestricted | 2023 |
| Rollins College | Orlando, FL | $30,000 | Share the Light Campaign | 2022 |
| Pennsylvania State University - Penn State Berks | Reading, PA | $25,000 | General & Unrestricted | 2020 |
| Safe Berks | Reading, PA | $25,000 | General & Unrestricted | 2020 |
| The Salvation Army | Reading, PA | $25,000 | General & Unrestricted | 2020 |
| Yocum Institute for Arts Education Inc | Reading, PA | $25,000 | General & Unrestricted | 2020 |
| Bradley Free Clinic of Roanoke Valley | Roanoke, VA | $25,000 | Behavioral Health Expansion | 2021 |
| Opportunity House | Reading, PA | $25,000 | General & Unrestricted | 2021 |
| Pennsylvania State University - Penn State Berks | Reading, PA | $25,000 | General & Unrestricted | 2021 |
| Safe Berks | Reading, PA | $25,000 | General & Unrestricted | 2021 |
| The Salvation Army | Reading, PA | $25,000 | General & Unrestricted | 2021 |
| Helping Harvest Fresh Food Bank | Sinking Spg, PA | $25,000 | General & Unrestricted | 2023 |
| Mens Second Chance Living a Non- Profit Corporatio | Hailey, ID | $25,000 | General & Unrestricted | 2023 |
| Opportunity House | Reading, PA | $25,000 | General & Unrestricted | 2023 |
| Pennsylvania State University | Reading, PA | $25,000 | The Counseling and Psychological Services (CAPS) | 2023 |
| Safe Berks | Reading, PA | $25,000 | General & Unrestricted | 2023 |
| The Salvation Army | Reading, PA | $25,000 | General & Unrestricted | 2023 |
| Helping Harvest Fresh Food Bank | Sinking Spg, PA | $25,000 | General & Unrestricted | 2024 |
| Mens Second Chance Living a Non- Profit Corporatio | Hailey, ID | $25,000 | General & Unrestricted | 2024 |
| Opportunity House | Reading, PA | $25,000 | General & Unrestricted | 2024 |
| Pennsylvania State University | Reading, PA | $25,000 | General & Unrestricted | 2024 |
| Safe Berks | Reading, PA | $25,000 | General & Unrestricted | 2024 |
| The Salvation Army | Reading, PA | $25,000 | General & Unrestricted | 2024 |