# David Berg Foundation

David Berg Foundation is an Endowment / Foundation based in New York, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1994
- **Assets under management:** $50M–$150M (Altss estimate)
- **Website:** bergfoundation.org

## Regulatory record

- **Reports private funds:** No

## About

The David Berg Foundation was established in 1994 by David Berg (1904–1999), a New York real estate lawyer and developer who built a substantial personal fortune through decades of residential and mixed-use property investments in Manhattan and Boston. His legacy holdings include Regency Towers in New York and Harbor Towers in Boston. Upon his death, the bulk of his estate seeded the foundation, which today is run by a small board that includes his stepdaughter, Michele C. Tocci, as President, and William D. Zabel — a founding partner of the law firm Schulte Roth & Zabel — as Treasurer. The foundation allocates its endowment conservatively across short-term investment-grade fixed-income instruments and a buyout-oriented allocation, while directing annual grants to a narrow set of program areas. The largest and most persistent commitment is to Jewish heritage and education: the foundation has funded exhibitions and acquisitions at the Center for Jewish History, the Metropolitan Museum of Art, the Museum of Fine Arts Boston, and the Victoria and Albert Museum in London, where the David Berg Rare Book Collection and the David Berg Art Collection are housed or on extended loan. A secondary, deeply personal pillar is access to justice — the foundation created and sustains the David Berg Justice Initiative, a mobile legal-help center that delivers pro bono civil legal services to underserved communities in the New York City area. The foundation discloses minimal operational detail, consistent with its membership in Exponent Philanthropy, the trade association for leanly staffed funders. Its most recent known activity centers on continuing grant commitments to museum exhibitions with Jewish themes and the ongoing operation of the Mobile Legal Help Center. No dedicated investment staff is publicly identified, implying that asset management is overseen by the board or outsourced. Structurally, the David Berg Foundation stands apart from many similarly sized foundations because of its dual focus — rare-book and fine-art philanthropy alongside a direct-service legal-aid vehicle — rather than a diffuse programmatic spread. This concentration mirrors the founder's own life: a real estate lawyer who amassed one of the most complete private collections of Judaica and Hebrew manuscripts, and a developer who invested in the physical fabric of the city where his legal-aid mission now operates.

## Sectors

- Real Estate
- Legal & Justice
- Arts & Culture
- Education

## People

- Michele C. Tocci — President and Director
- William D. Zabel — Treasurer and Director
- Valerie Tocci Longobardi — Director

## Related profiles

- [Chipstone Foundation](https://altss.com/profile/chipstone-foundation)
- [MetLife Foundation](https://altss.com/profile/metlife-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/david-berg-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology