Michael P Bennett Foundation Inc

Brooklyn, NY
Tax exemption issued: Aug. 2014
EIN: 46-4384236

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$55,829

Expenses

$82,582

Net Income

-$26,753

Net Assets

$50,363

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,000	71.6%
Interest Revenue	$7	0.0%
Dividends	$883	1.6%
Sales of Assets	$14,939	26.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$82,500	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$50,363
Total Liabilities	$0
Net Assets	$50,363

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on March 24, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2024

Revenue

$41,423

Expenses

$57,105

Net Income

-$15,682

Net Assets

$143,281

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,000	96.6%
Interest Revenue	$0
Dividends	$782	1.9%
Sales of Assets	$641	1.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$57,000	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$143,281
Total Liabilities	$0
Net Assets	$143,281

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$35,316

Expenses

$17,574

Net Income

$17,742

Net Assets

$114,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$35,000	99.1%
Interest Revenue	$0
Dividends	$227	0.6%
Sales of Assets	$89	0.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,500	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$114,076
Total Liabilities	$0
Net Assets	$114,076

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$27,455

Expenses

$36,609

Net Income

-$9,154

Net Assets

$81,239

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$35,000	> 100%
Interest Revenue	$15	0.1%
Dividends	$490	1.8%
Sales of Assets	-$8,050
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,500	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$81,239
Total Liabilities	$0
Net Assets	$81,239

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$57,214

Expenses

$67,689

Net Income

-$10,475

Net Assets

$85,988

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,000	69.9%
Interest Revenue	$1	0.0%
Dividends	$995	1.7%
Sales of Assets	$16,218	28.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,500	99.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$85,988
Total Liabilities	$0
Net Assets	$85,988

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$60,309

Expenses

$52,209

Net Income

$8,100

Net Assets

$96,463

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$55,000	91.2%
Interest Revenue	$2	0.0%
Dividends	$1,494	2.5%
Sales of Assets	$0
Other Income	$3,813	6.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$52,000	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,464
Total Liabilities	$1
Net Assets	$96,463

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$46,165

Expenses

$37,668

Net Income

$8,497

Net Assets

$88,363

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,000	86.6%
Interest Revenue	$1	0.0%
Dividends	$1,543	3.3%
Sales of Assets	$0
Other Income	$4,621	10.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,500	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$88,364
Total Liabilities	$1
Net Assets	$88,363

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Treasurer)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on Sept. 23, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$30,426

Expenses

$44,672

Net Income

-$14,246

Net Assets

$79,867

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$30,000	98.6%
Interest Revenue	$1	0.0%
Dividends	$1,469	4.8%
Sales of Assets	-$2,374
Other Income	$1,330	4.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,500	99.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$79,867
Total Liabilities	$0
Net Assets	$79,867

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Vice Chair A)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$20,115

Expenses

$32,192

Net Income

-$12,077

Net Assets

$96,574

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,000	74.6%
Interest Revenue	$2	0.0%
Dividends	$1,687	8.4%
Sales of Assets	$0
Other Income	$3,426	17.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,000	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,649
Total Liabilities	$75
Net Assets	$96,574

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Vice Chair A)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$175,430

Expenses

$178,454

Net Income

-$3,024

Net Assets

$107,140

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$170,000	96.9%
Interest Revenue	$5	0.0%
Dividends	$1,456	0.8%
Sales of Assets	$0
Other Income	$3,969	2.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$178,314	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$107,240
Total Liabilities	$100
Net Assets	$107,140

Compensation

Key Employees and Officers	Compensation	Other
Michael P Bennett (President)	$0	$0
Karen E Smith (Vice Chair A)	$0	$0
John Demas (Secretary)	$0	$0

990-PF

Filed on May 4, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$51,825

Expenses

$61,743

Net Income

-$9,918

Net Assets

$110,164

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	96.5%
Interest Revenue	$41	0.1%
Dividends	$1,269	2.4%
Sales of Assets	$0
Other Income	$515	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$61,644	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$110,239
Total Liabilities	$75
Net Assets	$110,164

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$127,093

Expenses

$56,571

Net Income

$70,522

Net Assets

$126,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$125,390	98.7%
Program Services	$227	0.2%
Investment Income	$1,426	1.1%
Bond Proceeds	$0
Royalties	$1	0.0%
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$49	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$126,302
Total Liabilities	$75
Net Assets	$126,227

Revenue

$127,093

Expenses

$56,571

Net Income

$70,522

Net Assets

$126,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$125,390	98.7%
Interest Revenue	$10	0.0%
Dividends	$1,416	1.1%
Sales of Assets	$49	0.0%
Other Income	$228	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$56,486	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$126,302
Total Liabilities	$75
Net Assets	$126,227

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$50,000

Expenses

$440

Net Income

$49,560

Net Assets

$49,560

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$50,000	100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$50,000
Total Liabilities	$440
Net Assets	$49,560

Revenue

$50,000

Expenses

$440

Net Income

$49,560

Net Assets

$49,560

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	100%
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$50,000
Total Liabilities	$440
Net Assets	$49,560

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 3) PDF (3 of 3)

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 22, 2026

Michael P Bennett Foundation Inc

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Extracted Financial Data from Form 990-PF

Document Links

990

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Extracted Financial Data from Form 990-PF

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013