Larry Benaroya Family Foundation
- Assets
- $26.7m
- Revenue
- $15.2m
- Investments
- $26.2m
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 04/2006
- Data as of
- 12/2022
- EIN
- 20-3890382
Organization Overview
Larry Benaroya Family Foundation is located in Mercer Island, WA. The organization was established in 2006. 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. Larry Benaroya Family 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 12/2022, Larry Benaroya Family Foundation generated $15.2m in total revenue. All expenses for the organization totaled $376.8k during the year ending 12/2022.
Since 2019, Larry Benaroya Family Foundation has awarded 92 individual grants totaling $1,795,225. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry R Benaroya President | 6 | $0 | |
Sherry-Lee Benaroya Secretary/treasurer | 1 | $0 | |
Brooke E Dickson Director | 1 | $0 | |
Michael J Benaroya Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,593,701 |
| Interest on Savings | $101 |
| Dividends & Interest | $365,205 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $166,899 |
| Capital Gain Net Income | $14,538,909 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $102,563 |
| Total Revenue | $15,228,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $3,025 |
| Contributions, gifts, grants paid | $373,750 |
| Total expenses and disbursements | $376,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $520,200 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,739,693 |
| 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, Larry Benaroya Family Foundation has awarded $373,750 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NATIONAL RED CROSS PURPOSE: UNRESTRICTED | $1,000 |
ANGEL BAND PROJECT PURPOSE: UNRESTRICTED | $5,000 |
COLLEGE SUCCESS FOUNDATION PURPOSE: UNRESTRICTED | $5,000 |
BERTSCHI SCHOOL PURPOSE: UNRESTRICTED | $1,000 |
JDRF SEATTLE GUILD PURPOSE: UNRESTRICTED | $100,000 |
JEWISH FEDERATION OF GREATER SEATTLE PURPOSE: UNRESTRICTED | $30,000 |