Public Charity

RICHARD BENNETT TRUST

RICHARD BENNETT TRUST is a private foundation categorized as Public Charity based in SUFFOLK, VA. Its most recent IRS filing (2025) reports revenue of $498K, expenses of $277K, total assets of $16.0M. Imperigo tracks 85 reported grants from this foundation totaling approximately $833K.

EIN: 546068391 SUFFOLK, VA Latest filing: 2025
Total Revenue$498K
Total Expenses$277K
Total Assets$16.0M
Grants Given85
Grant Total$833K
Filing Years2021–2025

Mission

AID TO INDIVIDUALS AND ORGANIZATIONS IN THE VICINITY WHERE THE TRUST IS MAINTAINED.

Officers & Directors

TRUSTEE A Scott Overton
SECRETARY-TREASURER Capt W G Saunders Jr
CHAIRMAN C Robert Johnson Iii
VICE-CHAIRMAN G Wayne Rhoads
TRUSTEE Thomas A Hazelwood

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO AID OPERATIONS.
$548,500 67 grants
TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS IN THE AREA.
$216,000 8 grants
TO AID OPERATIONS
$53,500 8 grants
SUPPORT A WISH FOR SOMEONE IN SUFFOLK
$10,000 1 grant
.TO AID OPERATIONS
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $498K $277K $16.0M
2024 $394K $263K $14.6M
2023 $423K $260K $14.0M
2022 $329K $246K $13.3M
2021 $631K $242K $14.5M

Between 2021 and 2025, reported annual revenue declined from $631K to $498K (-21%), with total assets most recently reported at $16.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC, VA.

NCVA

Full geographic grant map with state-by-state breakdown available with membership.

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