Bennett Family Foundation
- Assets
- $1.5m
- Revenue
- $276.3k
- Investments
- $1.4m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-1627648
Organization Overview
Bennett Family Foundation is located in Tulsa, OK. The organization was established in 2008. 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. Bennett 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 12/2021, Bennett Family Foundation generated $276.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $138.8k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 3 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 2020, Bennett Family Foundation has awarded 14 individual grants totaling $207,300. 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 |
|---|---|---|---|
Donald C Bennett President | 0 | $0 | |
Andrea G Bennett Secretary | 0 | $0 | |
Alisha R Bennett Director | 0 | $0 | |
John J Bennett Director | 0 | $0 | |
Gary Harber Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $15 |
| Dividends & Interest | $28,365 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,916 |
| Capital Gain Net Income | $97,044 |
| Net ST Capital Gain | $872 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $3,925 |
| Total operating and administrative expenses | $12,779 |
| Contributions, gifts, grants paid | $126,000 |
| Total expenses and disbursements | $138,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,409 |
| Savings and temporary cash investments | $65,414 |
| 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 | $0 |
| Total assets | $1,548,183 |
| 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, Bennett Family Foundation has awarded $126,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST JAMES METHODIST CHURCH PURPOSE: TO SUPPORT THE CHURCH'S EFFORTS TO PREACH AND TEACH THE GOSPEL OF JESUS CHRIST. | $51,000 |
YOUNGLIFE PURPOSE: TO SUPPORT YL'S EFFORTS TO MINISTER TO YOUNG ADULTS. | $6,000 |
FRANK ADAMS MINISTRIES PURPOSE: TO TEACH OR PREACH THE GOSPEL OF JESUS CHRIST. | $8,000 |
FAMILY BUILDERS INTERNATIONAL PURPOSE: TO SUPPORT FBA'S EFFORTS TO BUILD HOMES AND TO MINISTER IN SOUTH AMERICA. | $6,000 |
PERRY STONE MINISTRIES PURPOSE: TO TEACH OR PREACH THE GOSPEL OF JESUS CHRIST. | $5,000 |
JDRF PURPOSE: TO HELP JDRG FIND BETTER TREATMENTS PREVENTIONS AND ULTIMATELY A CURE FOR TYPE 1 DIABETES | $25,000 |