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Global Benefit

Public charity · Grantmaker Laconia, NH EIN: 02-0520453 Website

Global Benefit is a Christ-centered organization that exists to provide hope for those facing extreme poverty and distress through education, vocational training, micro-business financing, and community health-care.

Global Benefit at a glance

Total assets
$18,969
+379.0% vs 2024
Revenue (2025)
$71,776
-73.9% vs 2024
Expenses (2025)
$56,767
-79.4% vs 2024
Latest 990 filing
Form 990-EZ, 2025 View filing

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

Who Global Benefit funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Laconia

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2019 0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

From 2022 to 2024, annual grant giving ranged from $219K (2023) to $500K (2022). In 2024 it made 1 grant totaling $273K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Laconia Christian Fellowship Laconia, NHMissionary Work$273,220
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2025$18,969$71,776$56,767——
2024$3,960$274,960$275,536$273,2201
2023$4,536$222,003$219,959$218,7121
2022$2,492$481,271$501,642$499,7071
2021$22,863$93,169$122,440——
2020$52,134$93,900$44,702——
2019$2,936$32,621$39,781——

About Global Benefit

Based on IRS filings

Global Benefit is a public charity focused on International, Foreign Affairs & National Security, based in Laconia, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $19K in total assets.

Leadership & Key People

Officers and directors from IRS filings

Global Benefit is led by Rick Bonifas EdD, Executive Director on every filing since 2019; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Rick Bonifas EdD

    Executive Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Patrick Karangwa

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nathaniel Nelson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tim Vaughn

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Mark Warren

    Vice Chair

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alan Graustein EdD Chair

    Treasurer

    On filings since 2022

    6 hrs/week

    No compensation reported

Former officers (3)
  • Former: Alan Graustein EdD (2019–2021) — Chairperson
  • Former: Karl Barnard (2019–2021) — Treasurer
  • Former: Paul R Hedges Esquire (2019–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Global Benefit

How large is Global Benefit?

Global Benefit reported $19K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $72K.

What is Global Benefit?

Global Benefit is a public charity focused on International, Foreign Affairs & National Security, based in Laconia, NH. It holds $19K in total assets as of 2025.

Where does Global Benefit operate?

Global Benefit has awarded grants in New Hampshire.

What is Global Benefit's EIN?

Global Benefit's EIN (Employer Identification Number) is 02-0520453. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-EZ for fiscal year 2019 (received by the IRS February 28, 2020)
  2. Updated Form 990-EZ for fiscal year 2020 (received by the IRS February 24, 2021)
  3. Updated Form 990-EZ for fiscal year 2021 (received by the IRS January 30, 2022)
  4. Updated Form 990-EZ for fiscal year 2025 (received by the IRS March 5, 2026)
  5. Updated Form 990 for fiscal year 2022 (received by the IRS February 5, 2023)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS March 1, 2024)
  7. Updated Form 990 for fiscal year 2024 (received by the IRS February 6, 2025)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Global Benefit'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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