Claude Bennett Family Foundation
- Assets
- $1.4m
- Revenue
- -$21.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 58-2052917
Organization Overview
Claude Bennett Family Foundation is located in Birmingham, AL. The organization was established in 1993. 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. Claude Bennett 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.
Since 2015, Claude Bennett Family Foundation has awarded 210 individual grants totaling $342,550. 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 |
|---|---|---|---|
Elizabeth H Hutchins Trustee | 4 | $0 | |
Clark Bennett Trustee | 6 | $8,000 | |
J Miller Piggott Trustee | 6 | $8,000 | |
Katherine Bennett O' Leary Trustee | 6 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $11,293 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,825 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,409 |
| Total Revenue | -$21,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,334 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $212 |
| Total operating and administrative expenses | $48,257 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $102,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,747 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $200,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,397,500 |
| 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, Claude Bennett Family Foundation has awarded $54,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S OF CENTRAL ALABAMA PURPOSE: CHARITY | $7,500 |
ALABAMA SYMPHONY ORCHESTRA PURPOSE: CHARITY | $5,000 |
BIRMINGHAM AIDS OUTREACH PURPOSE: CHARITY | $500 |
CATECHESIS OF THE GOOD SHEPHERD PURPOSE: CHARITY | $1,000 |
CHILDHAVEN PURPOSE: CHARITY | $1,000 |
CHILDREN'S AID SOCIETY PURPOSE: CHARITY | $500 |