Also known as: FOUNDATION INC
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Morris And Susan Benun Charitable Foundation Inc. is a private corporation based in ELBERON, NJ. The foundation received its IRS ruling in 2011. It holds total assets of $1.4M. Annual income is reported at $472K. Total assets have grown from $666K in 2011 to $1.4M in 2023. The foundation is governed by 3 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 2020 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, Morris And Susan Benun Charitable Foundation Inc. has made 50 grants totaling $799K, with a median grant of $5K. The foundation has distributed between $196K and $388K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $388K distributed across 26 grants. Individual grants have ranged from $1K to $140K, with an average award of $16K. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in New Jersey and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$12K
Largest Grant
$113K
Based on 16 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.
Morris And Susan Benun Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in NJ, NY.
Morris And Susan Benun Charitable Foundation Inc. has distributed a total of $799K across 50 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $1K to $140K.
Morris And Susan Benun Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Morris And Susan Benun Charitable Foundation Inc. is headquartered in ELBERON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Morris C Benun | TRUSTEE/PRESIDENT/TREASURE | $0 | $0 | N/A |
| Susan Benun | TRUSTEE/SECRETARY | $0 | $0 | N/A |
| Raymond M Benun | TRUSTEE | $0 | $0 | N/A |
Total Giving
$247K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$215K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
$80K
Total: $688K
Total Grants
50
Total Giving
$799K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yad DavidCHARITABLE PURPOSES | Brooklyn, NY | $5K | 2023 |
| Ohel Simha Super FundCHARITABLE PURPOSES | Elberon, NJ | $140K | 2023 |
| Friends Of Ahavath ShalomCHARITABLE PURPOSES | New York, NY | $20K | 2023 |
| Miscellaneous Donations Less Than 1000CHARITABLE PURPOSES | Elberon, NJ | $12K | 2023 |
| Bet Yaakov Of The Jersey ShoreCHARITABLE PURPOSES | West Long Branch, NJ | $10K | 2023 |
| Ohel Yaacob CongregationCHARITABLE PURPOSES | Deal, NJ | $9K | 2023 |
| Ohel Simha CongregationCHARITABLE PURPOSES | Elberon, NJ | $6K | 2023 |
| B'Nei Binyamin Torah CenterCHARITABLE PURPOSES | Brooklyn, NY | $5K | 2023 |
| Sephardic Torah CenterCHARITABLE PURPOSES | Deal, NJ | $4K | 2023 |
| Torah V'ChaimCHARITABLE PURPOSES | Lakewood, NJ | $2K | 2023 |
| Rabbi AndersonCHARITABLE PURPOSES | Brooklyn, NY | $1K | 2023 |
| Yeshivat Ohel TorahCHARITABLE PURPOSES | Brooklyn, NY | $4K | 2022 |
| Keren Bnei TorahCHARITABLE PURPOSES | Brooklyn, NY | $4K | 2022 |
| Congregation Emek Hatorah IncCHARITABLE PURPOSES | Brooklyn, NY | $3K | 2022 |
| Tiferet ShaulCHARITABLE PURPOSES | Brooklyn, NY | $2K | 2022 |
| The ButchersCHARITABLE PURPOSES | Allenhurst, NJ | $1K | 2021 |
| Congregation Emek HatorahCHARITABLE PURPOSES | Brooklyn, NY | $1K | 2021 |
| RenewalCHARITABLE PURPOSES | Brooklyn, NY | $1K | 2021 |
| Etz HayimCHARITABLE PURPOSES | Lakewood, NJ | $1K | 2021 |
| Tiferet TorahCHARITABLE PURPOSES | Brooklyn, NY | $1K | 2021 |