The Bennett Family Foundation
The Bennett Family Foundation is a private family foundation established in 2004 through the bequest of Mabel Eleanore Newbold Bennett. The foundation is structured as the Eleanore Bennett Charitable Trust #1 (EIN 30-6016982) and is headquartered in New York, NY. The foundation focuses its grantmaking primarily on smaller, local organizations that address specific needs of underserved populations in the communities where family members live and work.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-9.9% YoY
Annual Giving
$945K
+55.6% YoY
Grant Count
29
+11.5% YoY
Avg Grant Size
$33K
+39.5% YoY
Under IRS private-foundation payout rules, The Bennett Family Foundation reported a distributable amount of $394K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Bennett Family Foundation supports non-profits addressing specific issues of concern to the foundation's family members. Primary funding focus areas include:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
- Housing
The foundation's approach emphasizes supporting smaller, local organizations rather than large national institutions.
Grantmaking
The foundation accepts grant proposals on a cyclical basis. As of 2022, the foundation was accepting initial grant proposals for specific cycles, with submission deadlines announced in advance. The foundation has indicated it accepts proposals from organizations in its geographic focus areas.
Review Cycle
announced in advance. The foundation has indicated it accepts proposals from organizations in its geographic focus areas.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Pennsylvania
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (as of 2024):
- Total assets: $7,713,853
- Total giving: $945,026
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,713,853 | $8,557,727 | $8,072,215 |
| Revenue | $49,283 | $125,479 | $56,030 |
| Expenses | $973,722 | $637,286 | $547,374 |
| Qualifying Distributions | $959,414 | $623,886 | $529,760 |
| Net Investment Income | $216,468 | $109,310 | $145,613 |
| Distributable Amount | $394,343 | $390,195 | $443,931 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pennsylvania ($200,000), University of Pennsylvania ($179,000), Horace Mann School ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HORACE MANN SCHOOL NEW YORK, NY | EDUCATIONAL | $2,000 |
| HORACE MANN SCHOOL NEW YORK, NY | CHARITABLE | $35,000 |
| PALM BEACH COUNTRY CLUB FOUNDATION PALM BEACH, FL | CHARITABLE | $2,000 |
| PALM BEACH UNITED WAY PALM BEACH, FL | CHARITABLE | $2,000 |
| PARK AVENUE SYNAGOGUE NEW YORK, NY | CHARITABLE | $8,397 |
| SID JACOBSON JEWISH COMMUNITY CENTER EAST HILLS, NY | CHARITABLE | $4,167 |
| YALE UNIVERSITY DEVELOPMENT NEW HAVEN, CT | EDUCATIONAL | $25,000 |
| PARK AVENUE SYNAGOGUE NEW YORK, NY | CHARITABLE | $20,000 |
| CONGREGATION EMANU-EL OF THE CITY OF NEW YORK NEW YORK, NY | CHARITABLE | $14,500 |
| JEWISH CHILD CARE ASSOCIATION BROOKLYN, NY | CHARITABLE | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The Bennett Family Foundation (Trust #1) is run solely by co-trustees Stewart Chapin and Thomas Chapin, who are the grandchildren of Eleanore Bennett. There is no additional staff.
Stewart Chapin spent his career in technology marketing and product management at both large companies and several startups. He serves on the boards and advisory councils of several nonprofits in his region.
Thomas Chapin spent his career in investment management, finishing as Chief Investment Officer for a private investment management firm. He also serves on the boards and advisory councils of several nonprofits in his region.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STACEY L BENNETT | DIRECTOR | — | — |
| MICHAEL BENNETT | VICE PRESIDENT | — | — |
| J ROBERT SMALL | TREASURER | — | — |
Frequently Asked Questions
What does The Bennett Family Foundation fund?
The Bennett Family Foundation supports non-profits addressing specific issues of concern to the foundation's family members. Primary funding focus areas include: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking • Housing The foundation's approach emphasizes supporting smaller, local organizations rather than large national institutions.
How do I apply for a grant from The Bennett Family Foundation?
**Grant Activity:** • Since inception, the foundation has awarded more than 1,100 grants totaling over $5 million • Typical grant awards range from $360 to $338,334 • Total giving in 2024: $945,026 **Application Process:** The foundation accepts grant proposals on a cyclical basis. As of 2022, the foundation was accepting initial grant proposals for specific cycles, with submission deadlines announced in advance. The foundation has indicated it accepts proposals from organizations in its geogra…
Where does The Bennett Family Foundation make grants?
The foundation primarily funds organizations in: • New York • Pennsylvania • Florida
What size grants does The Bennett Family Foundation award?
In 2024, The Bennett Family Foundation awarded 29 grants totaling $945K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Bennett Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bennett Family Foundation reported a distributable amount of $394K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bennett Family Foundation's EIN?
The Bennett Family Foundation's EIN (Employer Identification Number) is 90-0920378. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bennett Family Foundation's focus areas in our free grants database
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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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