Harry M Bennett Testamentary Trust

DALLAS, TX EIN: 30-6268346

Harry M Bennett Testamentary Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 2 grants totaling $76K. Net investment income was $136K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+4.0% YoY

Annual Giving

$76K

+29.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$38K

+29.9% YoY

Under IRS private-foundation payout rules, Harry M Bennett Testamentary Trust reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.

About Harry M Bennett Testamentary Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $183K (50%)

Texas $183K (50%)

States

Florida Texas

Cities

AmarilloTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,445,573	$1,389,544	$1,417,779
Revenue	$144,988	$40,602	$-33,943
Expenses	$87,456	$68,277	$103,240
Qualifying Distributions	$79,326	$61,574	$88,132
Net Investment Income	$135,956	$29,599	$20,415
Distributable Amount	$80,641	$73,109	$76,565

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shriners' Hospital for Children ($37,897), Cal Farley's Boys Ranch ($37,897).

Recipient	Purpose	Amount
SHRINERS' HOSPITAL FOR CHILDREN TAMPA, FL	IN MEMORY OF HARRY M.	$37,897
CAL FARLEY'S BOYS RANCH AMARILLO, TX	IN MEMORY OF HARRY M.	$37,897

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$7,919

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Harry M Bennett Testamentary Trust?

Harry M Bennett Testamentary Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $1.4M in total assets as of 2024.

How large is Harry M Bennett Testamentary Trust?

As of 2024, Harry M Bennett Testamentary Trust holds $1.4M in total assets with $145K in annual revenue. It awarded 2 grants totaling $76K in 2024.

Where does Harry M Bennett Testamentary Trust operate?

Harry M Bennett Testamentary Trust has awarded grants in Florida, Texas.

What size grants does Harry M Bennett Testamentary Trust award?

In 2024, Harry M Bennett Testamentary Trust awarded 2 grants totaling $76K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is Harry M Bennett Testamentary Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harry M Bennett Testamentary Trust reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harry M Bennett Testamentary Trust's EIN?

Harry M Bennett Testamentary Trust's EIN (Employer Identification Number) is 30-6268346. IRS Form 990 filing data is available on this page for 2019–2024.