Trust for the Benefit of Charitable
Trust for the Benefit of Charitable 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 $916K in total assets. In 2024, it awarded 7 grants totaling $44K. Net investment income was $50K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$916K
+1.0% YoY
Annual Giving
$44K
-6.2% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$6K
+7.2% YoY
About Trust for the Benefit of Charitable
Based on IRS filings
Trust for the Benefit of Charitable 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 $916K in total assets. In 2024, it awarded 7 grants totaling $44K. Net investment income was $50K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $916,190 | $907,329 | $919,062 |
| Revenue | $63,453 | $45,452 | $23,010 |
| Expenses | $54,551 | $56,672 | $51,199 |
| Qualifying Distributions | $50,314 | $53,029 | $46,373 |
| Net Investment Income | $50,412 | $33,084 | $15,056 |
| Distributable Amount | $54,237 | $50,189 | $51,793 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 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 |
|---|---|---|---|
| LISA W CELONA | CO-TTEE | 2 | — |
| TOBY W RUDA | CO-TTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Stephen J Machuta Scholarship Trust
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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