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Michael P Bennett Foundation Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2014. It holds total assets of $143K. Annual income is reported at $178K. Total assets have grown from $50K in 2013 to $114K in 2023. The foundation is governed by 3 officers and trustees. The organization's mission is to provide assistance to any needy or deserving individual without regard to race nationality, sex, color or creed through the establishment of a charitable fund. 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 New York, Vermont and Illinois. According to available records, Michael P Bennett Foundation Inc. has made 64 grants totaling $193K, with a median grant of $1K. Annual giving has grown from $52K in 2020 to $73K in 2022. Individual grants have ranged from $500 to $25K, with an average award of $3K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in New York, Illinois, Vermont, which account for 75% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$3K
Largest Grant
$13K
Based on 20 grants from the most recent 990-PF filing.
The organization's mission is to provide assistance to any needy or deserving individual without regard to race nationality, sex, color or creed through the establishment of a charitable fund.
Expenses: $52K
The organization's mission is to provide assistance to any needy or deserving individual without regard to race nationality, sex, color or creed through the establishment of a charitable fund. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in NY, IL, VT.
Michael P Bennett Foundation Inc. has distributed a total of $193K across 64 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $500 to $25K.
Michael P Bennett Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Michael P Bennett Foundation Inc. is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen E Smith | TREASURER | $0 | $0 | N/A |
| John Demas | SECRETARY | $0 | $0 | N/A |
| Michael P Bennett | PRESIDENT | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$114K
Fair Market Value
$114K
Net Worth
$114K
Grants Paid
$18K
Contributions
$35K
Net Investment Income
$227
Distribution Amount
N/A
Total Grants
64
Total Giving
$193K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
37
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Xaverian High SchoolEDUCATIONAL | Brooklyn, NY | $6K | 2022 |
| The Center For DiscoveryMEDICAL | Harris, NY | $6K | 2022 |
| Carmel Richmond Nursing HomeCHARITABLE | Staten Island, NY | $6K | 2022 |
| Chest FoundationCHARITABLE | Glen View, IL | $3K | 2022 |
| Steve CarboneSOCIAL ASSISTANCE | Amityville, NY | $3K | 2022 |
| Mary McdonaldSOCIAL ASSISTANCE | Brooklyn, NY | $3K | 2022 |
| Ryan MahlerSOCIAL ASSISTANCE | Greensboro, NC | $3K | 2022 |
| Victoria ClarkSOCIAL ASSISTANCE | Fairfax, VA | $1K | 2022 |
| Norwegian Christian HomeSOCIAL ASSISTANCE | Brooklyn, NY | $1K | 2022 |
| Donald RussoSOCIAL ASSISTANCE | Mattituck, NY | $1K | 2022 |
| Kevin MccormackSOCIAL ASSISTANCE | Lynbrook, NY | $1K | 2022 |
| William GormanHUMANITIES AND THE ARTS | Brooklyn, NY | $1K | 2022 |
| Brian MahlerEDUCATIONAL | Wayne, PA | $1K | 2022 |
| Susan BormoliniSOCIAL ASSISTANCE | Wallingford, CT | $1K | 2022 |
| Brendan MaloneySOCIAL ASSISTANCE | Hanover, MA | $5K | 2021 |
| Grace GioiaEDUCATIONAL | Brooklyn, NY | $3K | 2021 |
| Marie AntonucciSOCIAL ASSISTANCE | Tampa, FL | $3K | 2021 |
| Diane JokerstSOCIAL ASSISTANCE | St Louis, MO | $3K | 2021 |
| Gerald MorrisSOCIAL ASSISTANCE | Brooklyn, NY | $3K | 2021 |
| Stowe Land TrustLAND CONSERVATION | Stowe, VT | $2K | 2021 |
| Thomas CullySOCIAL ASSISTANCE | Freehold, NY | $1K | 2021 |
| Scott LevesqueEDUCATIONAL | Stowe, VT | $1K | 2021 |
| Bay Ridge PrepEDUCATIONAL | Brooklyn, NY | $1K | 2021 |
| Andrew ProustSOCIAL ASSISTANCE | Williston, VT | $1K | 2021 |
| John BianrosaSOCIAL ASSISTANCE | Port Chester, NY | $500 | 2021 |
| Stowe Country HomesSOCIAL ASSISTANCE | Stowe, VT | $500 | 2021 |
| Patricia NardiSOCIAL ASSISTANCE | Woodmere, NY | $5K | 2020 |