Vesper Foundation

BRECKSVILLE, OH EIN: 23-6251198

Arts and culture Performing arts Theater Museums Education

Vesper Foundation is a private foundation focused on Arts and culture, based in BRECKSVILLE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 2 grants totaling $128K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-1.1% YoY

Annual Giving

$128K

+28.1% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$64K

+92.2% YoY

Under IRS private-foundation payout rules, Vesper Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Vesper Foundation

Based on IRS filings

Focus Areas

Arts and culture Performing arts Theater Museums Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $795K (62%)

Ohio $405K (31%)

New Hampshire $32K (2%)

New York $17K (1%)

Georgia $15K (1%)

Maine $13K (1%)

Minnesota $5K (0%)

Illinois $3K (0%)

+1 more states

States

Georgia Illinois Massachusetts Maine Minnesota New Hampshire New York Ohio Washington

Cities

AvonBeverlyBig CanoeBlue HillBostonBrecksvilleBrooklineBrooksvilleCambridgeChicagoEssexExeterGloucesterJamaica PlainMarionNew YorkPuyallupSalemWassaic

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,046,079	$1,057,386	$1,074,203
Revenue	$125,003	$100,003	$160,005
Expenses	$136,310	$116,820	$195,720
Qualifying Distributions	$129,342	$103,150	$181,800
Net Investment Income	—	—	—
Distributable Amount	$52,785	$52,420	$53,442

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 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 Wetlands Foundation ($125,000), Brooksvile Volunteer Fire Department Association ($2,500).

Recipient	Purpose	Amount
WETLANDS FOUNDATION BRECKSVILLE, OH	GENERAL	$125,000
BROOKSVILE VOLUNTEER FIRE DEPARTMENT ASSOCIATION BROOKSVILLE, ME	GENERAL	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SHAREN BENENSON	PRESIDENT	1	—
JAMES BENENSON III	VICE PRESIDENT	1	—
CLEMENT C BENENSON	VICE PRESIDENT	1	—
NANCY S LENHART	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Performing arts Theater Museums Education

Frequently Asked Questions

What is Vesper Foundation?

Vesper Foundation is a private foundation focused on Arts and culture, based in BRECKSVILLE, OH. It holds $1.0M in total assets as of 2024.

How large is Vesper Foundation?

As of 2024, Vesper Foundation holds $1.0M in total assets with $125K in annual revenue. It awarded 2 grants totaling $128K in 2024.

Where does Vesper Foundation operate?

Vesper Foundation has awarded grants in Georgia, Illinois, Massachusetts, Maine, Minnesota, New Hampshire, New York, Ohio, Washington.

What size grants does Vesper Foundation award?

In 2024, Vesper Foundation awarded 2 grants totaling $128K — an average of about $64K per grant, based on its IRS Form 990 filings.

How much is Vesper Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Vesper Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.