Beneto Foundation
- Assets
- $1.3m
- Revenue
- $384.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Folsom, CA
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 68-0397473
Organization Overview
Beneto Foundation is located in Folsom, CA. The organization was established in 1997. 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. Beneto 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 12/2022, Beneto Foundation generated $384.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $229.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Beneto Foundation has awarded 230 individual grants totaling $2,839,494. 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 |
|---|---|---|---|
Darlene J Beneto President | 1 | $0 | |
Gene Hume Board Member | 0 | $0 | |
Lucille R Friday Board Member | 0 | $0 | |
Nina Pucci Board Member | 0 | $0 | |
Paul Marchi Board Member | 0 | $0 | |
Amy Monroe Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $14,354 |
| Dividends & Interest | $27,612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,541 |
| Capital Gain Net Income | $40,541 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,712 |
| Total Revenue | $384,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,995 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,272 |
| Total operating and administrative expenses | $11,767 |
| Contributions, gifts, grants paid | $218,129 |
| Total expenses and disbursements | $229,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,460 |
| Savings and temporary cash investments | $9,960 |
| 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 | $2,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,305,357 |
| 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, Beneto Foundation has awarded $218,129 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CCHAT CENTER PURPOSE: PROVIDE SCHOLARSHIPS FOR CHILDREN WITH HEARING LOSS. | $2,500 |
CRISTO REY HIGH SCHOOL PURPOSE: PROVIDE FUNDING TO SCHOOL TO RECOVER FROM THE EFFECTS OF COVID RESTRICTIONS.. | $20,000 |
DESERT ARC PURPOSE: HALLOWEEN PARTY FOR PEOPLE WITH DISABILITIES. | $2,900 |
HOLY SPIRIT SVDP PURPOSE: HELP HOMELESS PEOPLE FIND HOMES, PAY UTILITIES, PROVIDE FOOD CARDS, RENT ASSISTANCE, BEDS, HOTEL VOUCHERS, HOUSEHOLD GOODS, ETC. | $10,000 |
DESERT ARC PURPOSE: HOLIDAY PARTY FOR PEOPLE WITH DISABILITIES. | $14,750 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: ANNUAL LIGHT THE NIGHT WALK TO RAISE FUNDS FOR CANCER RESEARCH. | $2,000 |