Benevento and Mayo Foundation
Benevento and Mayo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Forty Fort, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 14 grants totaling $181K. Net investment income was $113K.
Key facts about Benevento and Mayo Foundation
- EIN
- 23-7880441
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $181,000
- Grants made (2024)
- 14
- Average grant
- $12,929
- Median grant
- $9,250
- New grantees (estimate)
- 43% first-time grantees (6 of 14, 2024)
- Total assets
- $5,390,353
- Primary geography
- Pennsylvania (94% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Benevento and Mayo Foundation funds
By grant dollars, the top recipient states for Benevento and Mayo Foundation's 14 itemized 2024 grants were Pennsylvania (94%) and New York (6%). The most frequent recipient cities were Wilkes Barre, PA (6 grants) and Forty Fort, PA (2 grants). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (14 grants).
Is Benevento and Mayo Foundation open to new grantees?
43%
first-time grantees, 2024
In 2024, 6 of 14 grantees (43%) were first-time recipients. First grants averaged $12K; repeat grants $14K. How we count
Medians: $5K first-time, $10K repeat.
- 43% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Benevento and Mayo Foundation
- How to evaluate Benevento and Mayo Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Benevento and Mayo Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-1.2% YoY
Annual Giving
$181K
+87.8% YoY
Grant Count
14
+75.0% YoY
Avg Grant Size
$13K
+7.3% YoY
Under IRS private-foundation payout rules, Benevento and Mayo Foundation reported a distributable amount of $248K for 2024 — the minimum it must pay out in qualifying distributions.
About Benevento and Mayo Foundation
Based on IRS filings
Benevento and Mayo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Forty Fort, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 14 grants totaling $181K. Net investment income was $113K.
Focus Areas
Ready to take the next step with Benevento and Mayo Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,390,353 | $5,458,318 | $5,465,673 |
| Revenue | $193,474 | $155,527 | $-3,053 |
| Expenses | $261,473 | $162,757 | $314,259 |
| Qualifying Distributions | $261,473 | $162,757 | $314,259 |
| Net Investment Income | $113,001 | $89,170 | $55,819 |
| Distributable Amount | $247,511 | $247,227 | $247,198 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Geisinger Health Foundation ($50,000), Wyoming Valley Childrens Association ($50,000), Center for Therapeutic Riding ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GEISINGER HEALTH FOUNDATION Danville, PA | CHARITABLE | $50,000 |
| WYOMING VALLEY CHILDRENS ASSOCIATION Forty Fort, PA | CHARITABLE | $50,000 |
| CENTER FOR THERAPEUTIC RIDING Nicholson, PA | CHARITABLE | $20,000 |
| UNITED WAY OF WYOMING VALLEY Wilkes Barre, PA | CHARITABLE | $12,000 |
| CASA OF LUZERNE COUNTY Wilkes Barre, PA | CHARITABLE | $10,000 |
| SOUTHHAMPTON DAY CARE CENTER Southampton, NY | CHARITABLE | $10,000 |
| NAVITY MIGUEL SCRANTON Dunmore, PA | CHARITABLE | $10,000 |
| AMERICAN CANCER SOCIETY Forty Fort, PA | CHARITABLE | $8,500 |
| NORTHMORELAND VOLUNTEER EMS Tunkhannock, PA | CHARITABLE | $5,000 |
| SPCA OF LUZERNE COUNTY Wilkes Barre, PA | CHARITABLE | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary M Parente | Trustee | — | — |
| Brian J Parente | Trustee | — | — |
| John Parente | Trustee | — | — |
| Charles E Parente | Trustee | — | — |
| Marla Parente | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Benevento and Mayo Foundation?
Benevento and Mayo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Forty Fort, PA. It holds $5.4M in total assets as of 2024.
How large is Benevento and Mayo Foundation?
As of 2024, Benevento and Mayo Foundation holds $5.4M in total assets with $193K in annual revenue. It awarded 14 grants totaling $181K in 2024.
Where does Benevento and Mayo Foundation operate?
Benevento and Mayo Foundation has awarded grants in Maryland, New York, Pennsylvania.
What size grants does Benevento and Mayo Foundation award?
In 2024, Benevento and Mayo Foundation awarded 14 grants totaling $181K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Benevento and Mayo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Benevento and Mayo Foundation reported a distributable amount of $248K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Benevento and Mayo Foundation's EIN?
Benevento and Mayo Foundation's EIN (Employer Identification Number) is 23-7880441. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Benevento and Mayo Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
William G McGowan Charitable Fund
Chicago, IL
Assets
$229.4M
Grants
259
Total Given
$7.1M
The Luzerne Foundation
Wilkesbarre, PA
Assets
$74.5M
Grants
110
Total Given
$3.4M
Nesbitt Family Charitable Foundation
Dallas, PA
Assets
$2.1M
Grants
23
Total Given
$136K
The Harry and Jeanette Weinberg
Owings Mills, MD
Assets
$1.8B
Grants
872
Total Given
$127.8M
The Cigna Group Foundation
Philadelphia, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
The Tambur Family Foundation
Wilkes Barre, PA
Assets
$1.8M
Grants
79
Total Given
$81K
Sordoni Foundation Inc
Kingston, PA
Assets
—
Grants
32
Total Given
$521K
The Blackhorse Foundation
Hanover Township, PA
Assets
—
Grants
55
Total Given
$509K
John J & Josephine Thomas Charitable
Wilkesbarre, PA
Assets
$835K
Grants
1
Total Given
$1.3M
The William Penn Foundation
Philadelphia, PA
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Pennsylvania
Data last updated September 2026. Sourced from IRS Form 990-PF filings.