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 (2024) reports revenue of $394K, expenses of $263K, total assets of $14.6M. Imperigo tracks 71 reported grants from this foundation totaling approximately $698K.

EIN: 546068391 SUFFOLK, VA Latest filing: 2024
Total Revenue$394K
Total Expenses$263K
Total Assets$14.6M
Grants Given71
Grant Total$698K
Filing Years2020–2024

Mission

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

Officers & Directors

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

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO AID OPERATIONS.
$477,500 59 grants
TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS IN THE AREA.
$188,000 7 grants
TO AID OPERATIONS
$28,000 4 grants
.TO AID OPERATIONS
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $394K $263K $14.6M
2023 $423K $260K $14.0M
2022 $329K $246K $13.3M
2021 $631K $242K $14.5M
2020 $196K $224K $13.8M

Between 2020 and 2024, reported annual revenue grew from $196K to $394K (+101%), with total assets most recently reported at $14.6M.

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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