Tom W Bennett Charitable Tr
- Assets
- $22.2m
- Revenue
- $4.2m
- Investments
- $21.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 30-6311068
Organization Overview
Tom W Bennett Charitable Tr is located in Dallas, TX. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Tom W Bennett Charitable Tr 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, Tom W Bennett Charitable Tr generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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 2016, Tom W Bennett Charitable Tr has awarded 168 individual grants totaling $6,102,404. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $394,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,837,671 |
| Capital Gain Net Income | $3,837,671 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,232,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,021 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $82,209 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,790 |
| Total operating and administrative expenses | $110,270 |
| Contributions, gifts, grants paid | $941,960 |
| Total expenses and disbursements | $1,052,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,021,785 |
| 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 | $22,190,372 |
| 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, Tom W Bennett Charitable Tr has awarded $941,960 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY PURPOSE: UNRESTRICTED GENERAL | $70,647 |
PROVIDENT COUNSELING PURPOSE: UNRESTRICTED GENERAL | $70,647 |
St Louis, MO PURPOSE: UNRESTRICTED GENERAL | $47,098 |
ST LOUIS CHILDREN'S HOSPITAL PURPOSE: UNRESTRICTED GENERAL | $47,098 |
GATEWAY REGION YMCA PURPOSE: UNRESTRICTED GENERAL | $47,098 |
St Louis, MO PURPOSE: UNRESTRICTED GENERAL | $47,098 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |