The Benedict Foundation

VERO BEACH, FL EIN: 59-2383209

The Benedict Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 6 grants totaling $360K. Net investment income was $140K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-6.2% YoY

Annual Giving

$360K

+44.0% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$60K

+44.0% YoY

About The Benedict Foundation

Based on IRS filings

The Benedict Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 6 grants totaling $360K. Net investment income was $140K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Camp HillChattanoogaDaytonOrlandoPalmetto BayRidgefieldVero Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$108K$216K$324K$431K20202021202220232024
Metric202420232022
Total Assets$3,369,637$3,592,118$3,731,921
Revenue$169,694$139,324$214,081
Expenses$392,175$279,127$282,794
Qualifying Distributions$360,171$250,000$250,000
Net Investment Income$139,713$138,955$193,156
Distributable Amount$237,690$216,752$221,140

Giving Over Time

Total grant dollars and number of grants per year

$0$90K$180K$270K$360K10 grants20208 grants20217 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

THE MIAMI VALLEY SCHOOL$250KINDIAN RIVER LAND TRUST$50KYOUTH SAILING FOUNDATION…$25KMCKEE BOTANICAL GARDENS$15KSOUTHERN PREPARATORY ACA…$15KTHE VNA AND HOSPICE FOUN…$5K

Grant Size Distribution

37 grants across all recorded years

30<$50K4$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
PETER B BENEDICT IIPRESIDENT3
DAVIS M BENEDICTVICE PRESIDENT3
RANDALL D CORWINSECRETARY3
MARK VOSSKAMPTREASURER0.5

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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