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
Among its reported 2024 grants, the largest include Access Foundation ($28,000), Western Tidewater Free Clinic ($10,000), Salvation Army ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EDMARC INC CHESAPEAKE, VA | TO AID OPERATIONS. | $8,000 |
| WESTERN TIDEWATER FREE CLINIC SUFFOLK, VA | TO AID OPERATIONS. | $10,000 |
| SUFFOLK CENTER FOR CULTURAL ARTS SUFFOLK, VA | TO AID OPERATIONS. | $7,000 |
| RED CROSS SUFFOLK, VA | TO AID OPERATIONS. | $6,000 |
| SALVATION ARMY SUFFOLK, VA | TO AID OPERATIONS. | $10,000 |
| ACCESS FOUNDATION NORFOLK, VA | TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS IN THE AREA. | $28,000 |
| SUFFOLK CHRISTIAN FELLOWSHIP CENTER SUFFOLK, VA | TO AID OPERATIONS. | $10,000 |
| THE GENIEVE CENTER SUFFOLK, VA | TO AID OPERATIONS. | $10,000 |
| SUFFOLK YOUTH ATHLETIC ASSOCIATION SUFFOLK, VA | TO AID OPERATIONS. | $10,000 |
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 |
Frequently Asked Questions
How large is Richard Bennett Trust?
As of 2024, Richard Bennett Trust holds $14.6M in total assets with $394K in annual revenue. It awarded 9 grants totaling $99K in 2024.
Where does Richard Bennett Trust operate?
Richard Bennett Trust has awarded grants in North Carolina, Virginia.
What size grants does Richard Bennett Trust award?
In 2024, Richard Bennett Trust awarded 9 grants totaling $99K — an average of about $11K per grant, based on its IRS Form 990 filings.
What is Richard Bennett Trust's EIN?
Richard Bennett Trust's EIN (Employer Identification Number) is 54-6068391. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard Bennett Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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