M a & L J Bennett Scholarship Xxxxx3003

CHICAGO, IL EIN: 13-3544931

M A & L J Bennett Scholarship XXXXX3003 is a private foundation located in Chicago, Illinois. Established in 1990, the organization operates as a 501(c)(3) nonprofit with no employees and functions as a scholarship-focused grantmaking entity.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

-1.8% YoY

Annual Giving

$150K

-4.4% YoY

Grant Count

12

-62.5% YoY

Avg Grant Size

$12K

+154.9% YoY

Under IRS private-foundation payout rules, M a & L J Bennett Scholarship Xxxxx3003 reported a distributable amount of $195K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds scholarships. In its most recent fiscal year, it made 18 grants to individual scholarship recipients.

Grantmaking

The foundation distributed grants to scholarship recipients, including Matthew Travaglia and others. Recent grantmaking activity demonstrates an active commitment to scholarship distribution.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

20states
+12 more states

Cities

AlbanyAshburnAuburnBinghamtonBostonBrauch WayBrockportBronxBuffaloChapel HillChattanoogaChicagoColumbiaCoral GablesCortlandCourtlandDaytonEwingFairfieldFarmingdale

Financial History

Multi-year comparison from IRS filings

Fiscal Year Ending July 2025:

  • Total Assets: $2,273,191
  • Total Revenues: $145,432
  • Total Expenses: $198,130
  • Investment Income and Dividends: $108,385
  • Net Gain from Sale of Non-Inventory Assets: $37,047

Fiscal Year Ending July 2024:

  • Total Revenues: $119,013
  • Investment Income and Dividends: $86,677
  • Net Gain from Sale of Non-Inventory Assets: $32,336

The foundation experienced 22.2% revenue growth year-over-year, with investment income increasing 25% and asset sales gains growing 14.6%.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$111K$166K$221K20212022202320242025
Metric202520242023
Total Assets$2,273,191$2,315,942$2,469,278
Revenue$145,432$119,013$106,851
Expenses$198,130$201,065$185,342
Qualifying Distributions$167,697$174,345$157,494
Net Investment Income$117,296$90,817$80,425
Distributable Amount$195,241$181,411$153,701

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$117K$157K26 grants202135 grants202218 grants202332 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

MAEVE RYAN$19KMORGAN COREY$19KBRIDGET O'CONNELL$19KTAYLOR COREY$19KOLIVA FARRELL$19KCOLIN O'TOOLE$10KMAEVE HEANUE$10KOLIVIA FITZGERALD$10KJOHN CAWLEY$10KRICHIE SHENTON$7K

Grant Size Distribution

123 grants across all recorded years

123<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Maeve Ryan ($19,000), Morgan Corey ($19,000), Bridget O'connell ($19,000).

RecipientPurposeAmount
MAEVE RYAN NOTRE DAME, INSCHOLARSHIP$19,000
MORGAN COREY TUSCALOOSA, ALSCHOLARSHIP$19,000
RICHIE SHENTON ASHBURN, VASCHOLARSHIP$7,197
JACK COLLINS SELDEN, NYSCHOLARSHIP$2,500
OLIVIA FITZGERALD HAMDEN, CTSCHOLARSHIP$9,500
COLIN O'TOOLE BRONX, NYSCHOLARSHIP$10,000
MAEVE HEANUE BINGHAMTON, NYSCHOLARSHIP$10,000
BRIDGET O'CONNELL NEW ROCHELLE, NYSCHOLARSHIP$19,000
TAYLOR COREY KNOXVILLE, TNSCHOLARSHIP$19,000
JOHN CAWLEY CHATTANOOGA, TNSCHOLARSHIP$9,500

Leadership & Key People

Leadership team and compensation from IRS filings

Krystal Zec serves as Vice President of the organization.

Compensation Overview

From 2025 IRS filing

No officer/director data available.

Frequently Asked Questions

What does M a & L J Bennett Scholarship Xxxxx3003 fund?

The foundation primarily funds scholarships. In its most recent fiscal year, it made 18 grants to individual scholarship recipients.

How do I apply for a grant from M a & L J Bennett Scholarship Xxxxx3003?

The foundation distributed grants to scholarship recipients, including Matthew Travaglia and others. Recent grantmaking activity demonstrates an active commitment to scholarship distribution.

What size grants does M a & L J Bennett Scholarship Xxxxx3003 award?

In 2025, M a & L J Bennett Scholarship Xxxxx3003 awarded 12 grants totaling $150K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is M a & L J Bennett Scholarship Xxxxx3003 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, M a & L J Bennett Scholarship Xxxxx3003 reported a distributable amount of $195K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is M a & L J Bennett Scholarship Xxxxx3003's EIN?

M a & L J Bennett Scholarship Xxxxx3003's EIN (Employer Identification Number) is 13-3544931. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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