Benedict Fund is located in Kiawah Island, SC. The organization was established in 1996. 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 the central organization for a national or regional group of organizations. Benedict Fund 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, Benedict Fund generated $10.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $15.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Berkley Trustee | 1 | $0 | |
John Berkley Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $0 |
| 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 | $10,000 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $15,750 |
| Total expenses and disbursements | $15,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,414 |
| 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 | $224 |
| Total assets | $14,638 |
| 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 |
Over the last fiscal year, Benedict Fund has awarded $15,750 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ST JUDES CHILDRENS RESEARCH PURPOSE: THEIR MISSION IS TO ADVANCE CURES, AND MEANS OF PREVENTION, FOR PEDIATRIC CATASTROPHIC DISEASES THROUGH RESEARCH AND TREATMENT. | $2,500 |
MEMORIAL SLOANE KETTERING CANCER FUND PURPOSE: THEIR MISSION IS ADVANCING THE UNDERSTANDING AND TREATMENT OF CANCER AND HELP DRIVE NEW GUIDELINES AND DEVELOP TREATMENT DISCOVERIES | $1,500 |
TUNNELS TO TOWERS FOUNDATION PURPOSE: AN ORGANIZATION THAT PROVIDES MORTGAGE-FREE HOMES TO GOLD STAR AND FALLEN FIRST RESPONDER FAMILIES | $2,500 |
ST JOSEPH COLLEGIATE INSTITUTE PURPOSE: THERE MISSION IS TO IMPART A HUMAN AND CHRISTIAN EDUCATION TO THOSE ENTRUSTED TO OUR CARE WITHIN THE LASALLIAN FAMILY, AND TO DO SO WITH FAITH AND ZEAL. | $750 |
TUNNELS TO TOWERS FOUNDATION PURPOSE: AN ORGANIZATION THAT PROVIDES MORTGAGE-FREE HOMES TO GOLD STAR AND FALLEN FIRST RESPONDER FAMILIES | $2,000 |
SAMARITAN'S PURSE PURPOSE: AN ORGANIZATION THAT GOES TO THE AID OF THE WORLD'S POOR, SICK, AND SUFFERING, | $1,000 |