Larry Benaroya Family Foundation
The Larry Benaroya Family Foundation is a private family foundation established in 2006 and based in Mercer Island, Washington. The foundation was created by commercial real estate executive Larry Benaroya and his wife Sherry. As a 501(c)(3) organization, the foundation operates as a grantmaking entity focused on supporting organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.2M
-37.8% YoY
Annual Giving
$11.5M
+626.2% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$459K
+626.2% YoY
Mission & Focus Areas
The foundation's philanthropic priorities reflect the family's personal values and experiences. Primary funding areas include:
- Health and Medical Research — Particularly diabetes research, driven by their son Michael's Type 1 diabetes diagnosis in 1986
- Education
- Arts and Culture
- Jewish Causes
- Human Services — Including homeless shelters, food banks, and accessibility services
Grantmaking
Applications are accepted on a rolling basis via written letter of inquiry sent by mail to the foundation's address.
Grant Range
$1,000 to $500,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in the Seattle and Washington metropolitan area, with some giving extending to California and Oregon.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $25,949,548
- Total Revenue: $1,006,743
- Total Expenses: $1,796,888
- Total Liabilities: $0
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,152,382 | $25,949,548 | $26,739,693 |
| Revenue | $1,697,463 | $1,006,743 | $15,228,469 |
| Expenses | $11,494,629 | $1,796,888 | $376,775 |
| Qualifying Distributions | $11,470,570 | $1,579,500 | $373,750 |
| Net Investment Income | $1,697,090 | $1,407,693 | $15,006,753 |
| Distributable Amount | $1,175,696 | $1,233,040 | $483,343 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Larry R. Benaroya — President (serves without compensation as of 2023)
The foundation is registered with Robert Brigham serving as the registered agent.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY R BENAROYA | PRESIDENT | 6 | — |
| SHERRY-LEE BENAROYA | SECRETARY/TREASURER | 1 | — |
| BROOKE E DICKSON | DIRECTOR | 1 | — |
| MICHAEL J BENAROYA | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been recognized for its transformative impact on diabetes research fundraising. In 2023 and 2024, the foundation supported the Seattle Symphony's Community Stages Fund, which provides local organizations with opportunities to perform at Benaroya Hall. The foundation's connection to the Seattle arts community reflects the broader Benaroya family legacy—Larry's father Jack Benaroya donated $15.8 million to build Benaroya Hall, home of the Seattle Symphony.
THE SEATTLE SYMPHONY ANNOUNCES FIVE RECIPIENTS OF THE COMMUNITY STAGES FUND\Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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