Donald And Evelyn Bensman Foundation Inc
- Assets
- $2.5m
- Revenue
- $234.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Sidney, OH
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 34-1936694
Organization Overview
Donald And Evelyn Bensman Foundation Inc, operating under the name The Donald & Evelyn Bensman Fdn I, is located in Sidney, OH. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Donald & Evelyn Bensman Fdn I 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, Donald & Evelyn Bensman Fdn I generated $234.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $127.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO SUPPORT THE COMMUNITY FOUNDATION OF SHELBY COUNTY, A NON-PROFIT ORGANIZATION WHO'S PURPOSE IS TO PROVIDE SUPPORT FOR ORGANIZATIONS AND RESIDENTS OF SHELBY COUNTY, OH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF THE COMMUNITY FOUNDATION OF SHELBY COUNTY, A NON-PROFIT ORGANIZATION, OPERATED TO BENEFIT THE ORGANIZATIONS AND RESIDENTS OF SHELBY COUNTY, OH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Bensman Treasurer | OfficerTrustee | $0 | |
Evelyn Bensman Trustee | Trustee | $0 | |
Douglas Borchers Trustee | Trustee | $0 | |
Marian Spicer Trustee | Trustee | $0 | |
Priscilla J Wilt Trustee | Trustee | $0 | |
Dale Bensman Secretary | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $36,002 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $186,927 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,177 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $127,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,260 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $2,301,044 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $124,134 |
| Total assets | $2,499,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,499,438 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,499,438 |
Grants Awarded
Over the last fiscal year, Donald And Evelyn Bensman Foundation Inc has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ANNA ATHLETIC BOOSTERS PURPOSE: GENERAL SUPPORT | $10,000 |
COMPASSIONATE CARE OF SHELBY CO IN PURPOSE: CONTINUING SUPPORT | $10,000 |
MORGAN'S PLACE CEMETERY INC PURPOSE: GENERAL SUPPORT | $15,000 |
SHELBY COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |
WILMA VALENTINE CHILDCARE PURPOSE: STAFFING/ OP COSTS | $10,000 |