Sarah Bennett Charitable Trust
Sarah Bennett Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $59K. Net investment income was $97K.
Key facts about Sarah Bennett Charitable Trust
- EIN
- 22-6932861
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $58,604
- Grants made (2024)
- 5
- Average grant
- $11,721
- Median grant
- $11,721
- Total assets
- $1,296,242
- Primary geography
- Illinois (70% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Sarah Bennett Charitable Trust funds
By grant dollars, the top recipient states for Sarah Bennett Charitable Trust's 5 itemized 2024 grants were Illinois (70%), Maryland (20%) and New York (10%). The most frequent recipient cities were Chicago, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Sarah Bennett Charitable Trust gives
- Giving held roughly steady from 2021 to 2024 (+9%). Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Sarah Bennett Charitable Trust
- How to evaluate Sarah Bennett Charitable Trust as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+1.9% YoY
Annual Giving
$59K
-0.7% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$12K
-0.7% YoY
Under IRS private-foundation payout rules, Sarah Bennett Charitable Trust reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.
About Sarah Bennett Charitable Trust
Based on IRS filings
Sarah Bennett Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $59K. Net investment income was $97K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,296,242 | $1,272,231 | $1,294,717 |
| Revenue | $108,154 | $63,005 | $125,928 |
| Expenses | $83,621 | $85,537 | $91,662 |
| Qualifying Distributions | $73,417 | $73,774 | $77,813 |
| Net Investment Income | $97,477 | $51,888 | $115,293 |
| Distributable Amount | $79,725 | $73,362 | $74,386 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include St Mary Church ($14,651), Our Lady of Africa Parish ($14,651), Jewish Federation of Metropolitan Chicag ($11,721).
| Recipient | Purpose | Amount |
|---|---|---|
| ST MARY CHURCH Huntley, IL | GENERAL OPERATING | $14,651 |
| OUR LADY OF AFRICA PARISH Chicago, IL | GENERAL OPERATING | $14,651 |
| JEWISH FEDERATION OF METROPOLITAN CHICAG Chicago, IL | GENERAL OPERATING | $11,721 |
| JEWISH SOCIAL SERVICE AGENCY Rockville, MD | GENERAL OPERATING | $11,721 |
| AMERICAN TECHNION New York, NY | GENERAL OPERATING | $5,860 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bank of America N a | Trustee | 2 | $24,663 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sarah Bennett Charitable Trust?
Sarah Bennett Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. It holds $1.3M in total assets as of 2024.
How large is Sarah Bennett Charitable Trust?
As of 2024, Sarah Bennett Charitable Trust holds $1.3M in total assets with $108K in annual revenue. It awarded 5 grants totaling $59K in 2024.
Where does Sarah Bennett Charitable Trust operate?
Sarah Bennett Charitable Trust has awarded grants in Illinois, Maryland, New York.
What size grants does Sarah Bennett Charitable Trust award?
In 2024, Sarah Bennett Charitable Trust awarded 5 grants totaling $59K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Sarah Bennett Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sarah Bennett Charitable Trust reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sarah Bennett Charitable Trust's EIN?
Sarah Bennett Charitable Trust's EIN (Employer Identification Number) is 22-6932861. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.