Charles E Benidt Foundation Inc
- Assets
- $67.2m
- Revenue
- $1.1m
- Investments
- $65.7m
- Employees
- 0
- Location
- Elm Grove, WI
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 36-4522803
Organization Overview
Charles E Benidt Foundation Inc is located in Elm Grove, WI. The organization was established in 2003. 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. Charles E Benidt Foundation Inc 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, Charles E Benidt Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles E Benidt Foundation Inc has awarded 80 individual grants totaling $10,178,219. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy M Bonniwell Director | 0.5 | $14,000 | |
James L Mohr Vice President | 0.5 | $14,000 | |
Mark Miller Treasurer | 0.5 | $14,000 | |
Shobha Warren Director | 0.5 | $13,000 | |
Amanda Hiatt President/secretary | 20 | $40,250 | |
Jerry Wick Director | 0.3 | $14,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,203,427 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$120,640 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $119 |
| Total Revenue | $1,082,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $109,250 |
| Other employee salaries and wages | $160,956 |
| Pension plans, employee benefits | $3,095 |
| Interest | $0 |
| Taxes | $168,256 |
| Depreciation | $1,910 |
| Occupancy | $18,216 |
| Travel, conferences, and meetings | $19,927 |
| Printing and publications | $0 |
| Other expenses | $13,106 |
| Total operating and administrative expenses | $792,882 |
| Contributions, gifts, grants paid | $4,002,119 |
| Total expenses and disbursements | $4,795,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,486,758 |
| 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 | $18,270,681 |
| Net Land, buildings, and equipment | $5,365 |
| Other assets | $0 |
| Total assets | $67,229,001 |
| 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, Charles E Benidt Foundation Inc has awarded $4,002,119 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AUDIO & BRAIL LITERACY ENHANCEMENT PURPOSE: GENERAL OPERATING | $25,000 |
CONCORDIA SEMINARY ADOPT-A-STUDENT PURPOSE: SCHOLARSHIPS | $80,000 |
DESERT FOOTHILLS LUTHERAN CHURCH PURPOSE: CAPITAL CAMPAIGN | $675,000 |
EXPONENT PHILANTHROPY PURPOSE: DISCRETIONARY GENERAL OPERATING | $5,000 |
FEEDING AMERICA PURPOSE: GENERAL OPERATING | $30,000 |
JOURNEY HOUSE PURPOSE: CITIZENSHIP PROGRAM & GENERAL OPERATING | $200,000 |