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The Benkovic Family Foundation is a private corporation based in STATE COLLEGE, PA. The foundation received its IRS ruling in 2008. The principal officer is Mcnees Wallace & Nurick LLC. It holds total assets of $2.5M. Annual income is reported at $397K. Total assets have grown from $62K in 2011 to $2.3M in 2023. The foundation is governed by 5 officers and trustees. Make grants, loans or distributions to public charities, and to other organizations or educational institutions. 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 Pennsylvania and New York. According to available records, The Benkovic Family Foundation has made 10 grants totaling $1.4M, with a median grant of $8K. Individual grants have ranged from $2K to $650K, with an average award of $135K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Georgia and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$17K
Average Grant
$22K
Largest Grant
$50K
Based on 8 grants from the most recent 990-PF filing.
Make grants, loans or distributions to public charities, and to other organizations or private foundations
Make grants, loans or distributions to public charities, and to other organizations or educational institutions. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA, GA, NY.
The Benkovic Family Foundation has distributed a total of $1.4M across 10 grants. The median grant size is $8K, with an average of $135K. Individual grants have ranged from $2K to $650K.
The Benkovic Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Benkovic Family Foundation is headquartered in STATE COLLEGE, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven J Benkovic Jr | PRESIDENT & TRUSTEE | $0 | $0 | N/A |
| Gregory W Benkovic | VICE PRESIDENT & TRUSTEE | $0 | $0 | N/A |
| Thomas J Taricani | TREASURER & TRUSTEE | $0 | $0 | N/A |
| Patricia Benkovic | SECRETARY & TRUSTEE | $0 | $0 | N/A |
| Paula Benkovic | TRUSTEE | $0 | $0 | N/A |
Total Giving
$404K
Total Assets
$2.3M
Fair Market Value
$2.8M
Net Worth
$2.3M
Grants Paid
$385K
Contributions
N/A
Net Investment Income
$56K
Distribution Amount
$135K
Total Grants
10
Total Giving
$1.4M
Average Grant
$135K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Penn State UniversityGRANT FOR SCIENTIFIC RESEARCH | State College, PA | $650K | 2022 |
| Cmt Research FoundationUNRESTRICTED | Atlanta, GA | $10K | 2022 |
| American Philosophical SocietyUNRESTRICTED | Philadelphia, PA | $8K | 2022 |
| Doctors Without BordersUNRESTRICTED | New York, NY | $5K | 2022 |
| Centre Life LinkUNRESTRICTED | State College, PA | $2K | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA