Donald And Evelyn Bensman Foundation Inc
- Assets
- $2.2m
- Revenue
- $97.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Sidney, OH
- Founding
- 02/2002
- Data as of
- 12/2020
- 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 12/2020, Donald & Evelyn Bensman Fdn I generated $97.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $120.9k during the year ending 12/2020. 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
2020
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 | |
Dale Bensman Secretary | Officer | $0 | |
Diane Reiss Vice-Preside | Officer | $0 | |
Nicholas Bensman President | Officer | $0 | |
Evelyn Bensman Trustee | Trustee | $0 | |
Priscilla J Wilt Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $35,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,765 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,596 |
| 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 | $19,967 |
| 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 | $120,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $83,312 |
| 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 | $2,051,137 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,611 |
| Total assets | $2,246,060 |
| 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 | $0 |
| 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 | $2,246,060 |
Grants Awarded
Over the last fiscal year, Donald And Evelyn Bensman Foundation Inc has awarded $46,444 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SACRED HEART OF JESUS CHURCH PURPOSE: PARISH ACTIVITY CENT | $16,444 |
Sidney, OH PURPOSE: CONTINUING SUPPORT | $10,000 |
Sidney, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Sidney, OH PURPOSE: STAFFING/ OP COSTS | $10,000 |
Endowment Analysis
| Beg. Balance | $2,246,060 |
| Earnings | $379,545 |
| Other Expense | $37,953 |
| Grants | $88,214 |
| Ending Balance | $2,499,438 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |