Beneventures Foundation Inc

Private foundation · Grantmaker Wilmington, DE EIN: 26-3881255

Beneventures Foundation Inc is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 3 grants totaling $200K. Net investment income was $266K.

Key facts about Beneventures Foundation Inc

In short: Beneventures Foundation Inc gave $200K across 3 grants in 2024 (avg $67K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
26-3881255
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$200,000
Grants made (2024)
3
Average grant
$66,667
Median grant
$70,000
Total assets
$4,458,259
Primary geography
New York (65% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+1.0% YoY

Annual Giving

$200K

-11.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$67K

-11.1% YoY

Under IRS private-foundation payout rules, Beneventures Foundation Inc reported a distributable amount of $241K for 2024 — the minimum it must pay out in qualifying distributions.

How Beneventures Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

New YorkWashingtonHagerstownLos AngelesVernon

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2020 1 grant2021 3 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $200K (2021) to $250K (2022). In 2024 it made 3 grants totaling $200K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Medecins Sans Frontieres USA Inc: $70KMedecins Sans Frontieres USAInc$70KWorld Central Kitchen Incorporated: $70KWorld Central KitchenIncorporated$70KNAACP Legal Defense and Educational Fund Inc: $60KNAACP Legal Defense andEducational Fund Inc$60K

The largest 2024 recipient was Medecins Sans Frontieres USA Inc ($70K). Together the top 3 received $200K.

Grant Size Distribution

13 grants across all recorded years

<$50K10$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 10 grants of 13 (77%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Medecins Sans Frontieres USA Inc New York, NYGeneral & Unrestricted$70,000
World Central Kitchen Incorporated Washington, DCGeneral & Unrestricted$70,000
NAACP Legal Defense and Educational Fund Inc New York, NYGeneral & Unrestricted$60,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$4,458,259$4,415,455$4,623,933
Revenue$302,208$74,231$58,326
Expenses$259,404$282,709$316,442
Qualifying Distributions$221,934$246,425$271,673
Net Investment Income$266,038$38,447$39,700
Distributable Amount$241,080$235,057$240,466

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Beneventures Foundation Inc is led by Brian Kariger, President & Trustee on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brian Kariger

    President & Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dallas Swendeman

    Director & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tania Russell

    Director & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Beneventures Foundation Inc

How much does Beneventures Foundation Inc give each year?

Beneventures Foundation Inc gave $200K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $225K across 3 grants.

What is Beneventures Foundation Inc's typical grant size?

Beneventures Foundation Inc's median grant in 2024 was $70,000, and its average grant was $66,667, across 3 grants on its 2024 IRS Form 990-PF.

Where does Beneventures Foundation Inc give grants?

Beneventures Foundation Inc gives mostly in New York: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (35%). The most frequent recipient cities were New York, NY (2 grants).

Does Beneventures Foundation Inc give general operating support?

Yes: 100% of Beneventures Foundation Inc's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Beneventures Foundation Inc?

Beneventures Foundation Inc reported $4.5M in total assets on its 2024 IRS Form 990-PF. It paid out $222K in qualifying distributions that year, against a required minimum of $241K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Beneventures Foundation Inc's EIN?

Beneventures Foundation Inc's EIN (Employer Identification Number) is 26-3881255. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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