Bennett Lillie Mem Foundation

WADESBORO, NC EIN: 56-6128334

Bennett Lillie Mem Foundation is a private foundation, based in WADESBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 7 grants totaling $19K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$350K

+2.6% YoY

Annual Giving

$19K

+3.4% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$3K

+3.4% YoY

Under IRS private-foundation payout rules, Bennett Lillie Mem Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Bennett Lillie Mem Foundation

Based on IRS filings

Bennett Lillie Mem Foundation is a private foundation, based in WADESBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $350K in total assets. In 2024, it awarded 7 grants totaling $19K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

New YorkWadesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$41K$55K20202021202220232024
Metric202420232022
Total Assets$349,811$340,817$363,843
Revenue$31,040$-202$-914
Expenses$21,932$22,765$28,322
Qualifying Distributions$19,000$18,370$22,510
Net Investment Income$8,588$5,274$4,215
Distributable Amount$19,011$18,375$20,003

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K0 grants20208 grants20218 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

CALVARY EPISCOPAL CHURCH$3KFIRST BAPTIST CHURCH$3KFIRST PRESBYTERIAN$3KFIRST UNITED METHODIST$3KEASTVIEW CEMETERY$2KANSON CRISIS MINISTRY$2KFEED MY LAMBS$2K

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Calvary Episcopal Church ($3,250), First Baptist Church ($3,250), First Presbyterian ($3,250).

RecipientPurposeAmount
EASTVIEW CEMETERY WADESBORO, NCGENERAL OPERATING$2,000
ANSON CRISIS MINISTRY WADESBORO, NCGENERAL OPERATING$2,000
FEED MY LAMBS WADESBORO, NCGENERAL OPERATING$2,000
CALVARY EPISCOPAL CHURCH WADESBORO, NCGENERAL OPERATING$3,250
FIRST BAPTIST CHURCH WADESBORO, NCGENERAL OPERATING$3,250
FIRST PRESBYTERIAN WADESBORO, NCGENERAL OPERATING$3,250
FIRST UNITED METHODIST WADESBORO, NCGENERAL OEPRATING$3,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EMMETT PATTERSONTRUSTEE

Frequently Asked Questions

How large is Bennett Lillie Mem Foundation?

As of 2024, Bennett Lillie Mem Foundation holds $350K in total assets with $31K in annual revenue. It awarded 7 grants totaling $19K in 2024.

Where does Bennett Lillie Mem Foundation operate?

Bennett Lillie Mem Foundation has awarded grants in North Carolina, New York.

What size grants does Bennett Lillie Mem Foundation award?

In 2024, Bennett Lillie Mem Foundation awarded 7 grants totaling $19K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Bennett Lillie Mem Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bennett Lillie Mem Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bennett Lillie Mem Foundation's EIN?

Bennett Lillie Mem Foundation's EIN (Employer Identification Number) is 56-6128334. IRS Form 990 filing data is available on this page for 2020–2024.

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

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