Carl & Dorothy Bennett Foundation Inc
- Assets
- $1.2m
- Revenue
- $42.0k
- Investments
- $250.0k
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 12/1963
- Data as of
- 06/2023
- EIN
- 06-6051371
Organization Overview
Carl & Dorothy Bennett Foundation Inc is located in Greenwich, CT. The organization was established in 1963. 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. Carl & Dorothy Bennett Foundation Inc 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 06/2023, Carl & Dorothy Bennett Foundation Inc generated $42.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Carl & Dorothy Bennett Foundation Inc has awarded 27 individual grants totaling $35,418,000. 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 |
|---|---|---|---|
Marc Bennett Vice President/director | 0.1 | $0 | |
Robin Kanarek President/director | 1 | $0 | |
Bruce Bennett Vice President/director | 0.1 | $0 | |
Malcolm Martin Director | 0.1 | $1,000 | |
Bruce Shapiro Director | 0.1 | $1,000 | |
David Leibell Vice President/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,986 |
| Dividends & Interest | $18,988 |
| 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 | $41,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,711 |
| Total operating and administrative expenses | $11,946 |
| Contributions, gifts, grants paid | $1,218,000 |
| Total expenses and disbursements | $1,229,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,420 |
| Savings and temporary cash investments | $996,004 |
| 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 | $0 |
| 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 | $12 |
| Total assets | $1,249,436 |
| Accounts payable and accrued expenses | $50 |
| 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 | $50 |
Grants Awarded
Over the last fiscal year, Carl & Dorothy Bennett Foundation Inc has awarded $1,218,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
STAMFORD HEALTH FOUNDATION PURPOSE: CONSTRUCTION OF NEW HOSPITAL AND EXPANSION OF THE CANCER CENTER | $910,000 |
GREENWICH HOSPITAL PURPOSE: IMPROVEMENT TO NEW EMERGENCY DEPARTMENT | $200,000 |
FAIRFIELD UNIVERSITY PURPOSE: JUDAIC STUDIES PROGRAM | $100,000 |
NORMAN HOWARD SCHOOL PURPOSE: INTERACTIVE TECHNOLOGY SCHOLARSHIP | $3,000 |
NORMAN HOWARD SCHOOL PURPOSE: TO PURCHASE A METAL FABRICATION SHED FOR A MAKER PLACE PROGRAM | $5,000 |