Benjamin Fund Inc
- Assets
- $48.0m
- Revenue
- $6.4m
- Investments
- $45.1m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 84-1618483
Organization Overview
Benjamin Fund Inc is located in Miami, FL. The organization was established in 2003. 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. Benjamin Fund 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 12/2022, Benjamin Fund Inc generated $6.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Benjamin Fund Inc has awarded 935 individual grants totaling $12,480,633. 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 |
|---|---|---|---|
Susan Benjamin President | 0 | $0 | |
Maya Danaher Treasurer | 0 | $0 | |
Jonathan Raggett Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $39,255 |
| Dividends & Interest | $1,130,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,263,275 |
| Capital Gain Net Income | $339,918 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,433,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $25,045 |
| Printing and publications | $0 |
| Other expenses | $20,395 |
| Total operating and administrative expenses | $142,348 |
| Contributions, gifts, grants paid | $2,788,116 |
| Total expenses and disbursements | $2,930,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,933,357 |
| 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 | $28,671,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $47,991,509 |
| 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, Benjamin Fund Inc has awarded $2,747,232 in support to 93 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: GENERAL SUPPORT | $10,000 |
ACLU PURPOSE: GENERAL SUPPORT | $20,000 |
ALLIANCE FOR GLOBAL JUSTICE PURPOSE: GENERAL SUPPORT | $10,000 |
BILL OF RIGHTS DEFENSE COMMITTEE PURPOSE: GENERAL SUPPORT | $10,000 |
ANERA PURPOSE: GENERAL SUPPORT | $10,000 |
BLACK ALLIANCE FOR PEACE PURPOSE: GENERAL SUPPORT | $10,000 |