The Bender Family Foundation
- Assets
- $2.3m
- Revenue
- $41.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 16-1526228
Organization Overview
The Bender Family Foundation is located in Albany, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Bender Family 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, Bender Family Foundation generated $41.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $277.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bender Family Foundation has awarded 203 individual grants totaling $1,261,851. 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 |
|---|---|---|---|
Jeffrey P Bender President | 1 | $0 | |
M Christian Bender Vice-President | 1 | $0 | |
Phoebe P Bender Secretary | 1 | $0 | |
Jackie Mahoney Treasurer | 1 | $0 | |
Ten Eyck Powell Jr Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,159 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,647 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,339 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,461 |
| Depreciation | $0 |
| Occupancy | $13,989 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31,730 |
| Total operating and administrative expenses | $56,180 |
| Contributions, gifts, grants paid | $221,750 |
| Total expenses and disbursements | $277,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $2,259,457 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,259,457 |
| 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, The Bender Family Foundation has awarded $221,750 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ALBANY ACADEMIES THE PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
ALBANY CENTER GALLERIES INC PURPOSE: SPOTLIGHTING CREATIVITY IN DOWNTOWN ALBANY | $10,000 |
ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES PURPOSE: THE COLLABORATORY | $5,000 |
ALBANY INSTITUTE OF HISTORY AND ART PURPOSE: GENERAL OPERATING SUPPORT | $500 |
ALBANY INSTITUTE OF HISTORY AND ART PURPOSE: YEAR 3 OF FUNDING: WEBSITE OVERHAUL AND SERVER EXPANSION | $20,000 |
ALBANY RURAL CEMETERY PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |