2025-06-05T15:29:20-05:00 2024-12-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2024-01-01 880948521 BERKADIA FOUNDATION INC BERK 2153283200 323 NORRISTOWN ROAD SUITE 300 AMBLER PA 19002 JACK FIORAVANTI PRESIDENT 2153283200 2025-06-04 1 1 BRAD FREDERICK P00686625 2154414600 2024 2025-03-06 01:10:19Z JACK FIORAVANTI 323 NORRISTOWN ROAD SUITE 300 AMBLER PA 19002 5000 0 X N/A X 2022 PA SEE SCHEDULE O 4 4 0 9 0 0 76000 5000 0 0 0 0 0 0 76000 5000 142924 0 0 0 0 0 0 0 0 0 0 142924 0 -66924 5000 14298 19298 0 0 14298 19298 X SEE SCHEDULE O 0 0 SEE SCHEDULE O 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JACK FIORAVANTI 2153281865 323 NORRISTOWN ROAD SUITE 300 AMBLER PA 19002 X JUSTIN WHEELER DIRECTOR 1.00 X 0 0 0 RANDY JENSON DIRECTOR 1.00 X 0 0 0 MARK MCCOOL DIRECTOR 1.00 X 0 0 0 THOMAS MIRAGLIA DIRECTOR 1.00 X 0 0 0 JACK FIORAVANTI PRESIDENT 1.00 X 0 0 0 DOUG HOFFMAN TREASURER 1.00 X 0 0 0 PAUL ZIKMUND VICE PRESIDENT 1.00 X 0 0 0 DONNA ZEBIN SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 5000 5000 5000 0 0 0 0 0 0 0 14298 19298 14298 19298 0 0 X 6000 11000 8298 8298 14298 19298 14298 19298 5000 0 X X 0 1 X 1 0 X 800215 76000 5000 881215 800215 76000 5000 881215 852376 28839 881215 X PART II, SHORT YEAR EXPLANATION: THE 2022 FORM 990 FILING WAS FOR THE PERIOD OF FEBRUARY 28, 2022 THRU DECEMBER 31, 2022. THIS PERIOD COVERED THE ORGANIZATIONS INITAL YEAR FROM FORMATION THROUGH THE END OF THE ORGANIATION'S INITIAL YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 5000 0 5000 0 5000 0 0 0 0 0 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AND FROM STATE INCOME TAXES UNDER SIMILAR STATUTES; THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEAR ENDED DECEMBER 31, 2024, THE FOUNDATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART I, LINE 1 THE PURPOSES OF BERKADIA FOUNDATION, INC. (THE "FOUNDATION") INCLUDE, BUT ARE NOT LIMITED TO, HELPING PROVIDE RELIEF TO THE POOR, THE DISTRESSED, AND/OR THE UNDERPRIVILEGED AND HELPING TO EMPOWER PEOPLE TO CREATE A PATH OUT OF POVERTY FOR THEMSELVES AND FOR THEIR COMMUNITIES BOTH IN THE UNITED STATES AND INTERNATIONALLY (PRIMARILY IN INDIA). ADDITIONALLY, THE FOUNDATION STRIVES TO AID THE ABILITY OF CITIZENS IN INDIA AND THE U.S. BY REDUCING HUNGER AND PROVIDING ACCESS TO EDUCATION AND AFFORDABLE HOUSING IN AN EFFORT TO IMPROVE THEIR OVERALL LIVING ENVIRONMENT. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: BERKADIA FOUNDATION, INC. (THE ''FOUNDATION'') WILL MAKE GRANTS FOR ANY CHARITABLE, EDUCATIONAL, LITERARY AND/OR SCIENTIFIC PURPOSE WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE ''CODE''). THE FOUNDATION WILL MAKE DISTRIBUTIONS TO SUCH ORGANIZATIONS THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE, OR WOULD SO QUALIFY, AND WILL PERFORM DUE DILIGENCE WITH RESPECT TO EACH ORGANIZATION PRIOR TO MAKING ANY GRANT (A PRE-GRANT INQUIRY). SPECIFICALLY THE FOUNDATION WILL FOCUS ITS GRANTS AND SUPPORT TO SUCH ORGANIZATIONS AS THE BOARD OF DIRECTORS OF BERKADIA FOUNDATION, INC. SHALL DETERMINE FROM TIME TO TIME. THE FOUNDATION MAY ALSO MAKE GRANTS TO ORGANIZATIONS IN COUNTRIES OTHER THAN THE UNITED STATES IF SUCH ORGANIZATIONS ARE PERFORMING CHARITABLE, EDUCATIONAL, LITERARY AND/OR SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. THE FOUNDATION WILL REQUIRE GRANTEES TO REPORT THE USE OF GRANT FUNDS TO ENSURE GRANT FUNDS ARE USED FOR THE PURPOSES GRANTED AND EXPENDED ONLY FOR THE PURPOSES GRANTED. THE FOUNDATION WILL DEVOTE ONE HUNDRED PERCENT OF ITS FUNDS AND ACTIVITIES TO ITS 501(C). FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENT: THE FOUNDATION'S INITIAL PROJECT WAS TO BUILD A SCHOOL IN INDIA. THE FOUNDATION WORKED WITH AN NGO IN INDIA THAT RECEIVED THE GRANT FROM THE FOUNDATION AND CONTRACTED FOR THE SCHOOL FACILITY TO BE CONSTRUCTED AND THEN OPERATED. THE FOUNDATION WORKED WITH GRANTS MADE TO THE NGO NAMED CHILD WELFARE & HOLISTIC FOUNDATION FOR RURAL DEVELOPMENT (CHORD). CHORD IS A NON PROFIT FOUNDATION IN INDIA BASED OUT OF HYDERABAD, THAT HAS BEEN SERVING HUMANITARIAN CAUSES FOR THE PAST 23 YEARS, FOCUSING ON MULTIFARIOUS CONTEMPORARY SOCIAL ISSUES LIKE ELIMINATION OF CHILD LABOR, PROTECTION OF CHILD RIGHTS, EDUCATION, WOMEN EMPOWERMENT, SKILL DEVELOPMENT, COMMUNITY DEVELOPMENT AND NATURAL DISASTER RELIEF BENEFITING THOUSANDS OF WOMEN, YOUTH AND CHILDREN AT THE GRASSROOTS LEVEL IN THAT REGION OF INDIA. THE FOUNDATION, TOGETHER WITH CHORD, WANTS TO ENSURE THAT EDUCATIONAL AND SKILL TRAINING OPPORTUNITIES REACH THE LESS FORTUNATE SO THAT EVERY CHILD IS IN SCHOOL AND IS LEARNING WITH DIGNITY AND EVERY YOUNG MAN AND WOMAN IS TRAINED IN SKILLS AND EVERY NEIGHBORHOOD COMMUNITY PROSPERS. OUR INCLUSIVE MISSION IS TO PROVIDE WHOLESOME EDUCATION TO THE UNDERPRIVILEGED, TO EXTEND SKILL-BASED TRAINING TO THE UNEMPLOYED, VULNERABLE YOUTH, AND TO CREATE A STRONG PLATFORM FOR SUSTAINED COMMUNITY DEVELOPMENT. FORM 990, PART VI, SECTION A, LINE 2 ALL OFFICERS AND DIRECTORS ARE ALSO EMPLOYEES OF BERKADIA COMMERCIAL MORTGAGE LLC. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL VERSION OF FORM 990 IS EMAILED TO EACH BOARD MEMBER PRIOR TO FILING. JACK FIORAVANTI, PRESIDENT, AND DOUG HOFFMAN, TREASURER, WILL REVIEW THE RETURN PRIOR TO SIGNING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION PIGGY BACKS OFF OF BERKADIA COMMERCIAL MORTGAGE POLICIES WHICH REQUIRES REGULAR AND CONSISTENT MONITORING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BERKADIA COMMERCIAL MORTGAGE LLC 323 NORRISTOWN ROAD SUITE 300 AMBLER PA 19002 MORTGAGE LOAN ORIGINATION AND SERVICING DE BERKADIA PROPRIETARY HOLDING LLC N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0