Henson Benson Foundation
- Assets
- $419.6k
- Revenue
- $12.9k
- Investments
- $187.9k
- Employees
- 0
- Location
- Malvern, AR
- Founding
- 11/2010
- Data as of
- 03/2022
- EIN
- 26-3494283
Organization Overview
Henson Benson Foundation is located in Malvern, AR. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Henson Benson 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 03/2022, Henson Benson Foundation generated $12.9k in total revenue. All expenses for the organization totaled $41.9k during the year ending 03/2022. While expenses have increased by 34.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARVEST OF HOPE BACKPACK PROGRAM
MALVERN TUGGLE RESTORATION ORGANIZATION
MALVERN ALUMNI YOUTH SKILLS & DRILLS CAMP
HARVEST OF HOPE BACKPACK PROGRAM
MALVERN TUGGLE RESTORATION ORGANIZATION
MALVERN ALUMNI YOUTH SKILLS & DRILLS CAMP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Gibson Director,president & Treasurer | 5 | $6,000 | |
Cecilia Ashcraft Director & Board Of Director's Counsel | 1 | $0 | |
Deborah Smith Director & Secretary | 1 | $0 | |
Nikki Benson Director | 2 | $0 | |
Bonnie Adams Director | 1 | $0 | |
Samuel Bryant Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,841 |
| Net Rental Income | -$2,487 |
| Net Gain on Sale of Assets | $3,731 |
| Capital Gain Net Income | $3,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $665 |
| Depreciation | $4,872 |
| Occupancy | $8,833 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,254 |
| Total operating and administrative expenses | $25,397 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $41,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,491 |
| 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 | $97,900 |
| Investments—mortgage loans | $0 |
| Investments—other | $187,869 |
| Net Land, buildings, and equipment | $74,290 |
| Other assets | $0 |
| Total assets | $419,550 |
| 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, Henson Benson Foundation has awarded $16,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PERLA CEMETERY PURPOSE: OPERATING SUPPORT | $2,500 |
ACCESS PURPOSE: OPERATING SUPPORT | $2,500 |
MASONIC CEMETERY PURPOSE: OPERATING SUPPORT | $2,500 |
UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCES PURPOSE: OPERATING SUPPORT | $2,500 |
LOUISIANA TECH UNIVERSITY PURPOSE: OPERATING SUPPORT | $2,500 |
HARVEST OF HOPE PURPOSE: OPERATING SUPPORT | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Henson Benson Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |