Ben & Jerrys Foundation
- Assets
- $6.8m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- South Burlington, VT
- Founding
- 12/1986
- Data as of
- 12/2022
- EIN
- 03-0300865
Organization Overview
Ben & Jerrys Foundation is located in South Burlington, VT. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ben & Jerrys Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ben & Jerrys Foundation generated $5.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ben & Jerrys Foundation has awarded 961 individual grants totaling $10,788,451. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Furman President | 4 | $0 | |
Jerry Greenfield Treasurer | 1 | $0 | |
Elizabeth Bankowski Secretary | 3 | $0 | |
Anuradha Mittal Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,316,611 |
| Interest on Savings | $29,307 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,345,918 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,909 |
| Printing and publications | $0 |
| Other expenses | $311,770 |
| Total operating and administrative expenses | $321,074 |
| Contributions, gifts, grants paid | $4,288,819 |
| Total expenses and disbursements | $4,609,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,513,330 |
| Savings and temporary cash investments | $5,096,134 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,809,464 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ben & Jerrys Foundation has awarded $4,288,819 in support to 448 organizations.
| Grant Recipient | Amount |
|---|---|
MT TRIUMPH BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | -$1,000 |
VERMONT HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $50 |
NATIONAL PARKS CONSERVATION ASSOC PURPOSE: GENERAL SUPPORT (GRANT RETURN) | $50 |
SIMSBURY FREE LIBRARY PURPOSE: GENERAL SUPPORT | $30 |
RICHMOND COMMUNITY SENIOR CENTER PURPOSE: GENERAL SUPPORT | $50 |
THE SEEING EYE INC PURPOSE: GENERAL SUPPORT | $50 |