Ted And Laurie Beneski Foundation
- Assets
- $1.6k
- Revenue
- $1.6m
- Investments
- $1.0k
- Employees
- 0
- Location
- Colleyville, TX
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 56-2640822
Organization Overview
Ted And Laurie Beneski Foundation is located in Colleyville, TX. The organization was established in 2007. 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. Ted And Laurie Beneski 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 12/2023, Ted And Laurie Beneski Foundation generated $1.6m in total revenue. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 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.
Since 2014, Ted And Laurie Beneski Foundation has awarded 60 individual grants totaling $14,439,530. 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 |
|---|---|---|---|
Ted W Beneski Director | 0 | $0 | |
Laurie M Beneski Director | 0 | $0 | |
Kristin M Beneski Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,635,161 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,635,162 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $42 |
| Total operating and administrative expenses | $3,007 |
| Contributions, gifts, grants paid | $1,631,500 |
| Total expenses and disbursements | $1,634,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $617 |
| 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 | $1,617 |
| 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 | $2,950,166 |
| Total liabilities | $2,950,166 |
Grants Awarded
Over the last fiscal year, Ted And Laurie Beneski Foundation has awarded $1,631,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMHERST COLLEGE PURPOSE: FOR THE EARTH SCIENCES BUILDING, NATURAL HISTORY MUSEUM, AND ALUMNI FUND | $1,000,000 |
MASS INSIGHT EDUCATION & RESEARCH PURPOSE: TO SUPPORT EDUCATIONAL EQUITY | $500 |
NATIONAL ALLIANCE ON MENTAL ILLNESS OF WESTERN MASSACHUSETTS PURPOSE: TO IMPROVE THE LIVES OF INDIVIDUALS AND FAMILIES AFFECTED BY MENTAL ILLNESS | $5,000 |
PAN-MASSACHUSETTS CHALLENGE PURPOSE: TO SUPPORT CANCER RESEARCH | $1,000 |
TRINITY UNIVERSITY PURPOSE: FOR PRESIDENT'S FUND AND TRINITY FUND | $625,000 |