Ben E Factor Foundation

Organization Overview

Ben E Factor Foundation is located in New Iberia, LA. The organization was established in 1987. 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. Ben E Factor 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, Ben E Factor Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $751.8k during the year ending 12/2021. While expenses have increased by 1.2% 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 2015, Ben E Factor Foundation has awarded 295 individual grants totaling $7,288,150. 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 $854,379
Interest on Savings $71
Dividends & Interest $397,018
Net Rental Income$0
Net Gain on Sale of Assets $622,373
Capital Gain Net Income $50,726
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,873,841

Grants Awarded

Over the last fiscal year, Ben E Factor Foundation has awarded $739,701 in support to 40 organizations.

Grant RecipientAmount

HIGHLAND BAPTIST SCHOOL

PURPOSE: RELIGIOUS EDUCATION

$240,000

Eugene, OR

PURPOSE: ASSISTING THE POOR OF INDIA

$108,000

LOUISIANA COLLEGE

PURPOSE: BAPTIST COLLEGE EDUCATION

$100,000

LOUISIANA BAPTIST FOUNDATION

PURPOSE: SUSTAIN BAPTIST CHURCHES & MINISTRIE

$50,000

AMERICAN FAMILY ASSOC

Org PageRecipient Profile

Tupelo, MS

PURPOSE: CHARITABLE OPERATIONS

$20,000

ZION'S HOPE

PURPOSE: CHARITABLE OPERATIONS

$20,000
View Grant Profile

Peer Organizations

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