Robert M Bennett & Marjie A Bennett Foundation
- Assets
- $2.2m
- Revenue
- $311.8k
- Investments
- $1.9m
- Employees
- 0
- Location
- Woodland Hills, CA
- Founding
- 12/1979
- Data as of
- 12/2021
- EIN
- 04-2682392
Organization Overview
Robert M Bennett & Marjie A Bennett Foundation is located in Woodland Hills, CA. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert M Bennett & Marjie A Bennett Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Robert M Bennett & Marjie A Bennett Foundation generated $311.8k in total revenue. All expenses for the organization totaled $165.7k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Bennett Foundation Manager | 1 | $0 | |
Gerald W Hribal Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,506 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,361 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $233,765 |
| Capital Gain Net Income | $220,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,210 |
| Total Revenue | $311,842 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $813 |
| Taxes | $2,564 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,884 |
| Total operating and administrative expenses | $30,667 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $165,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,182 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,915,319 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,194,501 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert M Bennett & Marjie A Bennett Foundation has awarded $135,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL HOPE & WELLNESS FOUNDATION PURPOSE: TO RESCUE ABUSED AND NEGLECTED ANIMALS REHABILITATE THEM AND FIND THEM THEIR FOREVER HOMES | $10,000 |
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: TO PROVIDE HIGHLY SPECIALIZED CARE AND HELP FOR INDIVIDUALS AND FAMILIES FACING MUSCULAR DYSTROPHY. | $125,000 |