Friends with Benefit Charity Events Inc logo

Friends with Benefit Charity Events Inc

Public charity · Grantmaker Wilmington, NC EIN: 32-0532939 Website

We are committed to fostering unity and raising funds for various causes by organizing engaging fundraising events and campaigns. 2025 included granting funds to st. Jude children's research hospital and the v foundation. By participating in these events and donations, Friends with Benefit Charity Events inc. Contributes to making a positive impact in various communities.

Key facts about Friends with Benefit Charity Events Inc

In short: Friends with Benefit Charity Events Inc gave $24K across 2 grants in 2025 (avg $12K), mostly in Tennessee. Source: 2025 IRS Form 990.

EIN
32-0532939
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$23,775
Grants made (2025)
2
Average grant
$11,888
Median grant
$11,888
Total assets
$3,789
Primary geography
Tennessee (53% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$4K

-95.9% YoY

Annual Giving

$24K

-22.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$12K

-22.9% YoY

How Friends with Benefit Charity Events Inc gives

  • Giving grew 132% from 2022 to 2025. Method

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

About Friends with Benefit Charity Events Inc

Based on IRS filings

Friends with Benefit Charity Events Inc is a public charity, based in Wilmington, NC. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $4K in total assets. In 2025, it awarded 2 grants totaling $24K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

MemphisCaryJacksonvilleWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2018 0 grants2019 1 grant2020 0 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $10K (2022) to $31K (2024). In 2025 it made 2 grants totaling $24K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

St Jude Children's Research: $13KSt Jude Children's Research$13KThe V Foundation: $11KThe V Foundation$11K

The largest 2025 recipient was St Jude Children's Research ($13K). Together the top 2 received $24K.

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 8 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Jude Children's Research Memphis, TNCharitable Support$12,500
The V Foundation Cary, NCCharitable Support$11,275

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2018 2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,789$92,291$13,375
Revenue$768,836$347,090$200,731
Expenses$839,766$229,511$260,044
Net Investment Income$-3,593——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS August 7, 2025)
  4. IRS filings on file for fiscal years 2018–2025

Leadership & Key People

Officers and directors from IRS filings

Friends with Benefit Charity Events Inc is led by Rae Agostino, Executive Director since 2025 (on filings since 2018); 1 of 4 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Rae Agostino

    Executive Director

    Executive Director → Executive Directorboard Member, 2024

    Executive Directorboard Member → Executive Director, 2025

    On filings since 2018

    40 hrs/week

    $87K (2020) → $51K (2025)

  • Sloan Paxton

    President

    On filings since 2021

    10 hrs/week

    No compensation reported

  • Celeste Hanson

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

  • John O'Leary

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

RAE Agostino — Executive Director: $51KRAE AgostinoExecutive Director$51K

The highest reported compensation on the 2025 filing was $51K, to RAE Agostino (Executive Director).

Frequently asked questions about Friends with Benefit Charity Events Inc

How much does Friends with Benefit Charity Events Inc give each year?

Friends with Benefit Charity Events Inc gave $24K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $31K across 2 grants.

How large is Friends with Benefit Charity Events Inc?

Friends with Benefit Charity Events Inc reported $4K in total assets on its 2025 IRS Form 990. Its revenue that year was $769K.

Where does Friends with Benefit Charity Events Inc operate?

Friends with Benefit Charity Events Inc has awarded grants in District of Columbia, Florida, North Carolina, Tennessee.

What is Friends with Benefit Charity Events Inc's EIN?

Friends with Benefit Charity Events Inc's EIN (Employer Identification Number) is 32-0532939. IRS Form 990 filing data is available on this page for 2018–2025.

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

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