Friends with Benefit Charity Events Inc
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.
Friends with Benefit Charity Events Inc at a glance
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.
- Annual giving (2025)
- $23,775
- -22.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $11,888
- -22.9% vs 2024
- Median grant
- $11,888
- Total assets
- $3,789
- -95.9% vs 2024
- Primary geography
- Tennessee (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Friends with Benefit Charity Events Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
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
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2022) to $31K (2024). In 2025 it made 2 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Jude Children's Research Memphis, TN | Charitable Support | $12,500 |
| The V Foundation Cary, NC | Charitable Support | $11,275 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $3,789 | $768,836 | $839,766 | $23,775 | 2 | $-3,593 |
| 2024 | $92,291 | $347,090 | $229,511 | $30,841 | 2 | — |
| 2023 | $13,375 | $200,731 | $260,044 | $12,133 | 2 | — |
| 2022 | $197,852 | $256,509 | $226,241 | $10,228 | 2 | — |
| 2021 | $150,417 | $347,388 | $351,903 | — | — | — |
| 2020 | $154,731 | $76,092 | $275,745 | $15,076 | 1 | — |
| 2019 | $205,833 | $303,164 | $146,951 | — | — | — |
| 2018 | $47,962 | $89,085 | $41,123 | — | — | — |
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.
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
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.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 7, 2025)
- IRS filings on file for fiscal years 2018–2025
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Figures come from Friends with Benefit Charity Events Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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