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Family Benevolent Foundation is a private corporation based in HASTINGS, NE. The foundation received its IRS ruling in 2003. The principal officer is David O Peterson. It holds total assets of $545K. Annual income is reported at $109K. Total assets have grown from $220K in 2011 to $535K in 2023. The foundation is governed by 8 officers and trustees. 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 2016 to 2023. The foundation primarily funds organizations in Nebraska and Illinois. According to available records, Family Benevolent Foundation has made 51 grants totaling $132K, with a median grant of $2K. Annual giving has grown from $40K in 2020 to $92K in 2022. Individual grants have ranged from $500 to $10K, with an average award of $3K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Nebraska, Indiana, California, which account for 73% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$2K
Largest Grant
$8K
Based on 17 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.
Family Benevolent Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in NE, IN, CA.
Family Benevolent Foundation has distributed a total of $132K across 51 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $10K.
Family Benevolent Foundation typically selects its grantees rather than accepting unsolicited proposals.
Family Benevolent Foundation is headquartered in HASTINGS, NE. While based in NE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebecca Peterson | Sec | $0 | $0 | N/A |
| David O Peterson | VP/Dir | $0 | $0 | N/A |
| Margaret C Peterson | Dir | $0 | $0 | N/A |
| David A Peterson | Dir | $0 | $0 | N/A |
| Mark A Peterson | Treas/Dir | $0 | $0 | N/A |
| Mary L Peterson | Dir | $0 | $0 | N/A |
| Daniel A Peterson | Dir | $0 | $0 | N/A |
| Jessica Beatty | Pres | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$535K
Fair Market Value
$988K
Net Worth
$535K
Grants Paid
$46K
Contributions
$38K
Net Investment Income
$23K
Distribution Amount
$45K
Total: $522K
Total Grants
51
Total Giving
$132K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
25
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Angels Among Uschild cancer assitence | Omaha, NE | $1K | 2022 |
| Our Placeafter school child programs | Hastings, NE | $1K | 2022 |
| New Life Lutheran ChurchLutheran ministry Liberia | Fort Wayne, IN | $10K | 2022 |
| Orphan Grain Trainworld poverty relief | Norfolk, NE | $8K | 2022 |
| Hearts And Hands Against Hungerworld hunger relief | Hastings, NE | $5K | 2022 |
| Topical Health AllianceEthiopia poverty relief | Loma Linda, CA | $3K | 2022 |
| Concordia Harvest Fundeducation support | Seward, NE | $3K | 2022 |
| Zion Classical Academyprivate education school | Hastings, NE | $2K | 2022 |
| Bona Respondsvolunteer relief organization | St Bonaventure, NY | $2K | 2022 |
| Heartland Lutheran High Schoolprivate education school | Grand Island, NE | $2K | 2022 |
| Homestead RefugeHuman tafficing relief | Curtis, NE | $2K | 2022 |
| Maryland Living Centeryouth life assistence | Hastings, NE | $1K | 2022 |
| Holiday Heroschildren hospital assistence | Chicago, IL | $1K | 2022 |
| Phils Friendscancer assisstence | Crown Point, IN | $1K | 2022 |
| The Walker Borum Foundationliteracy enhancement | Carterville, IL | $1K | 2022 |
| World Visionworld health relief | Federal Way, WA | $720 | 2022 |
| Hearts & Hands Against HungerWorld Hunger Relief | Hastings, NE | $4K | 2020 |
| Tropical Health AllianceEthiopia Poverty Relief | Loma Linda, CA | $3K | 2020 |
| Giving The BasicsPoverty Relief Ks City KS | Kansascity, KS | $2K | 2020 |
| Dark Horse MinistriesHunger Mental Health Assis | Marion, IL | $500 | 2020 |
| Housing Opportunities & Maintenance For ElderlyElderly Assistance | Chicago, IL | $500 | 2020 |
| Holiday HeroesChildren Hospital Support | Chicago, IL | $500 | 2020 |
| United Harvest First United Methodist ChurchHunger Relief | Hastings, NE | $500 | 2020 |
| Hasting College FoundationScholarships | Hastings, NE | $500 | 2020 |