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Benck Family Foundation is a private corporation based in NAPERVILLE, IL. The foundation received its IRS ruling in 2018. The principal officer is Richard W Benck. It holds total assets of $5.2M. Annual income is reported at $1.3M. Total assets have grown from $1.7M in 2019 to $5.4M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Benck Family Foundation has made 41 grants totaling $1.7M, with a median grant of $10K. Annual giving has decreased from $748K in 2021 to $355K in 2023. Individual grants have ranged from $3K to $400K, with an average award of $40K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$28K
Largest Grant
$100K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Benck Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in IL.
Benck Family Foundation has distributed a total of $1.7M across 41 grants. The median grant size is $10K, with an average of $40K. Individual grants have ranged from $3K to $400K.
Benck Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Benck Family Foundation is headquartered in NAPERVILLE, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diane Benck | TRUSTEE | $0 | $0 | N/A |
Total Giving
$391K
Total Assets
$5.4M
Fair Market Value
$6.8M
Net Worth
$5.4M
Grants Paid
$355K
Contributions
N/A
Net Investment Income
$111K
Distribution Amount
$324K
Total: $5.1M
Total Grants
41
Total Giving
$1.7M
Average Grant
$40K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Naperville Heritage SocietyGENERAL | Naperville, IL | $100K | 2023 |
| Loaves & Fishes Community ServicesGENERAL | Naperville, IL | $100K | 2023 |
| Little FriendsGENERAL | Naperville, IL | $100K | 2023 |
| The Salvation ArmyGENERAL | Chicago, IL | $20K | 2023 |
| Chicago Symphony OrchestraGENERAL | Chicago, IL | $10K | 2023 |
| The Art Institute Of ChicagoGENERAL | Chicago, IL | $10K | 2023 |
| Wayside Cross MinistriesGENERAL | Aurora, IL | $5K | 2023 |
| Mercy Home For Boys And GirlsGENERAL | Chicago, IL | $5K | 2023 |
| The Night MinistryGENERAL | Chicago, IL | $3K | 2023 |
| Cals AngelsGENERAL | St Charles, IL | $3K | 2023 |
| Naperville Interpretive CenterGENERAL | Naperville, IL | $400K | 2021 |