Bender Foundation Inc
- Assets
- $164.1m
- Revenue
- $9.6m
- Investments
- $121.0m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1959
- Data as of
- 12/2021
- EIN
- 52-6054193
Organization Overview
Bender Foundation Inc is located in Washington, DC. The organization was established in 1959. 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. Bender 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 12/2021, Bender Foundation Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Bender Foundation Inc has awarded 574 individual grants totaling $55,380,052. 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 |
|---|---|---|---|
David S Bender Vp/treasurer/secretary | 10 | $12,000 | |
Barbara A Bender Vice President | 5 | $12,000 | |
Jason Belinkie Director | 5 | $138,876 | |
Jena Riley Director | 5 | $2,700 | |
Julie Bender Silver President | 40 | $190,675 | |
David Silver Director | 5 | $2,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $337,176 |
| Dividends & Interest | $2,491,442 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,867,960 |
| Capital Gain Net Income | $4,867,960 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,901,211 |
| Total Revenue | $9,597,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $330,480 |
| Other employee salaries and wages | $120,879 |
| Pension plans, employee benefits | $105,985 |
| Interest | $0 |
| Taxes | $151,283 |
| Depreciation | $0 |
| Occupancy | $83,806 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $305,852 |
| Total operating and administrative expenses | $1,425,598 |
| Contributions, gifts, grants paid | $5,606,035 |
| Total expenses and disbursements | $7,031,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $804,201 |
| Savings and temporary cash investments | $1,640,057 |
| Net Accounts receivable | $10,129 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $71,354 |
| Net other notes and loans receivable | $39,349,745 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,745 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,164,425 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,198,001 |
| Total assets | $164,083,269 |
| Accounts payable and accrued expenses | $134,838 |
| 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 | $134,838 |
Grants Awarded
Over the last fiscal year, Bender Foundation Inc has awarded $7,089,542 in support to 89 organizations.
| Grant Recipient | Amount |
|---|---|
2UNSTOPPABLE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
AJC PURPOSE: 2022 BOOKBINDER AWARDS PROGRAM DONATION ONLY | $35,000 |
ALL FOR RECOVERY PURPOSE: GENERAL OPERATIONS SUPPORT TO PROVIDE GRANTS TO THOSE SUFFERING FROM ADDICTION | $20,000 |
ALZHEIMER'S DRUG DISCOVERY FOUNDATION PURPOSE: GREAT LADIES LUNCHEON & FASHION SHOW | $2,000 |
AMERICAN HEART ASSOCIATION PURPOSE: 2021 HEART WALK | $59,009 |
AMERICAN HEART ASSOCIATION PURPOSE: HEART BALL | $150,000 |