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The Benedict Foundation For Independent Schools is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 1984. The principal officer is Patterson Belknap Webb & Tyler. It holds total assets of $3.4M. Annual income is reported at $170K. Total assets have decreased from $4.5M in 2011 to $3.4M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Florida and Tennessee. According to available records, The Benedict Foundation For Independent Schools has made 14 grants totaling $500K, with a median grant of $15K. Individual grants have ranged from $10K to $125K, with an average award of $36K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Florida and Connecticut and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$24K
Largest Grant
$50K
Based on 8 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.
The Benedict Foundation For Independent Schools is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in FL, CT, TN.
The Benedict Foundation For Independent Schools has distributed a total of $500K across 14 grants. The median grant size is $15K, with an average of $36K. Individual grants have ranged from $10K to $125K.
The application deadline is SEE WEBSITE. See website.
The Benedict Foundation For Independent Schools is headquartered in VERO BEACH, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Davis M Benedict | VICE PRESIDENT | $0 | $0 | N/A |
| Mark Vosskamp | TREASURER | $0 | $0 | N/A |
| Peter B Benedict Ii | PRESIDENT | $0 | $0 | N/A |
| Randall D Corwin | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.4M
Fair Market Value
N/A
Net Worth
$3.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$500K
Average Grant
$36K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Youth Sailing Foundation Of IrcUNRESTRICTED | Vero Beach, FL | $125K | 2022 |
| Indian River Land TrustUNRESTRICTED | Vero Beach, FL | $50K | 2022 |
| Ocean Research And Conservation AssociationUNRESTRICTED | Vero Beach, FL | $25K | 2022 |
| Everglades FoundationUNRESTRICTED | Palmetto Bay, FL | $15K | 2022 |
| Mckee Botanical GardensUNRESTRICTED | Vero Beach, FL | $15K | 2022 |
| Reflection Riding Arboretum And Nature CenterUNRESTRICTED | Chattanooga, TN | $10K | 2022 |
| Ridgefield PlayhouseUNRESTRICTED | Ridgefield, CT | $10K | 2022 |