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Benz Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $144K. 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. According to available records, Benz Family Foundation has made 3 grants totaling $137K, with a median grant of $45K. Annual giving has decreased from $90K in 2022 to $47K in 2023. Individual grants have ranged from $45K to $47K, with an average award of $46K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Louisiana and Virginia. Contributions to this foundation are tax-deductible.
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.
Benz Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in LA, VA.
Benz Family Foundation has distributed a total of $137K across 3 grants. The median grant size is $45K, with an average of $46K. Individual grants have ranged from $45K to $47K.
Benz Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Benz Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William R Benz Ii | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$47K
Contributions
N/A
Net Investment Income
$126K
Distribution Amount
$62K
Total Grants
3
Total Giving
$137K
Average Grant
$46K
Median Grant
$45K
Unique Recipients
2
Most Common Grant
$45K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Skills Usa IncSkills Jam Series | Leesburg, VA | $47K | 2023 |
| Emeril Lagasse FoundationGeneral & Unrestricted | New Orleans, LA | $45K | 2022 |