Richard Bennett Trust
AID TO INDIVIDUALS AND ORGANIZATIONS IN THE VICINITY WHERE THE TRUST IS MAINTAINED.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.6M
+4.6% YoY
Annual Giving
$99K
+4.2% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$11K
+4.2% YoY
About Richard Bennett Trust
Based on IRS filings
Richard Bennett Trust is a nonprofit organization, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.6M in total assets. In 2024, it awarded 9 grants totaling $99K. Net investment income was $361K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,612,949 | $13,971,128 | $13,321,336 |
| Revenue | $394,092 | $422,517 | $328,855 |
| Expenses | $262,981 | $260,295 | $245,620 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $360,945 | $330,396 | $296,734 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS A HAZELWOOD | SECRETARY-TREASURER | 10 | $18,000 |
| C ROBERT JOHNSON III | CHAIRMAN | 2 | $1,500 |
| G WAYNE RHOADS | VICE-CHAIRMAN | 2 | $1,500 |
| A SCOTT OVERTON | TRUSTEE | 2 | $1,500 |
| CAPT W G SAUNDERS JR | TRUSTEE | 2 | $1,500 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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