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Generational Benevolence Inc. is a private corporation based in RICHARDSON, TX. The foundation received its IRS ruling in 2023. It holds total assets of $107K. Annual income is reported at $20K. In 2022, the organization laid the groundwork to launch its programs in a future tax year. According to available records, Generational Benevolence Inc. has made 4 grants totaling $27K, with a median grant of $4K. Individual grants have ranged from $1K to $19K, with an average award of $7K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and Wisconsin and Florida. Contributions to this foundation are tax-deductible.
In 2022, the organization laid the groundwork to launch its programs in a future tax year.
The management and administrative costs incurred to operate the foundation, directly support, and are necessary to carry out the charitable programs and activities conducted by the foundation.
Expenses: $6K
In 2022, the organization laid the groundwork to launch its programs in a future tax year. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TX, WI, FL.
Generational Benevolence Inc. has distributed a total of $27K across 4 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $19K.
Generational Benevolence Inc. typically selects its grantees rather than accepting unsolicited proposals.
Generational Benevolence Inc. is headquartered in RICHARDSON, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeremy Thomason | PRESIDENT | $0 | $0 | $0 |
| Laura Thomason | VICE PRESIDENT | $0 | $0 | $0 |
| Riley Thomason | SECRETARY | $0 | $0 | $0 |
Total Giving
$27K
Total Assets
$107K
Fair Market Value
$107K
Net Worth
$107K
Grants Paid
$27K
Contributions
$32K
Net Investment Income
$3K
Distribution Amount
$3K
Total: $0
Total Grants
4
Total Giving
$27K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
4
Most Common Grant
$1K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chase Oaks ChurchDONEE'S GENERAL FUND | Plano, TX | $19K | 2023 |
| Intervarsity Christian FellowshipDONEE'S GENERAL FUND | Madison, WI | $6K | 2023 |
| Campus Crusade For ChristDONEE'S GENERAL FUND | Orlando, FL | $1K | 2023 |
| International Students IncorporatedDONEE'S GENERAL FUND | Arlington, TX | $1K | 2023 |
CHATTANOOGA, TN
BERNARDSVILLE, NJ
CHICAGO, IL
TAMA, IA
HOUSTON, TX
HOUSTON, TX
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