STRATEGY STUDIO / PUBLIC DATA EXPLORER

MICHAEL P BENNETT FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
MICHAEL P BENNETT FOUNDATION INC (EIN 46-4384236)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-03-24
IRS object ID
202640839349100324
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-03-24T15:11:51-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133802895PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHRISTOPHER R SMITH & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1482 MANOR ROADAddressLine1Txt
CitySTATEN ISLANDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10314ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464384236EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL P BENNETT FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMICHBusinessNameControlTxt
Phone7188368102PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 88TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL P BENNETTPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2026-03-18SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER R SMITH CPAPreparerPersonNm
PTINP00627281PTIN
Phone7187202673PhoneNum
Preparation2026-03-18PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$122,031FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$40,000ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$7InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$883DividendsRevAndExpnssAmt
Dividends Net Invst Incm$883DividendsNetInvstIncmAmt
Dividends Adj Net Incm$883DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$14,939NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$162,850GrossSalesPriceAmt
Total Rev And Expnss$55,829TotalRevAndExpnssAmt
Total Net Invst Incm$890TotalNetInvstIncmAmt
Total Adj Net Incm$890TotalAdjNetIncmAmt
Taxes Rev And Expnss$32TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$50OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$82TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$82,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$82,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$82,582TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$82,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$26,753ExcessRevenueOverExpensesAmt
Net Investment Income$890NetInvestmentIncomeAmt
Adjusted Net Income$890AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$6,933SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$50,363SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$122,031SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$136,348OtherInvestmentsBOYAmt
Total Assets BOY$143,281TotalAssetsBOYAmt
Total Assets EOY$50,363TotalAssetsEOYAmt
Total Assets EOYFMV$122,031TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$143,281NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$122,031NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$143,281TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$188,195TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$143,281TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$188,195TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$143,281TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$26,753ExcessRevenueOverExpensesAmt
Other Increases$71,667OtherIncreasesAmt
Subtotal$188,195SubtotalAmt
Tot Net Ast Or Fund Balances EOY$188,195TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$12InvestmentIncomeExciseTaxAmt
Subtotal$12SubtotalAmt
Tax Based On Investment Income$12TaxBasedOnInvestmentIncomeAmt
Tax Due$12TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMICHAEL P BENNETTIndividualWithBooksNm
Phone7188368102PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1325 88TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL P BENNETT
325 88TH STREETBROOKLYNNY11209PRESIDENT000.00$0$0$0
KAREN E SMITH
107 COALE AVENUESTATEN ISLANDNY10314TREASURER000.00$0$0$0
JOHN DEMAS
8814 FORT HAMILTON PARKWAYBROOKLYNNY11209SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE ORGANIZATION'S MISSION IS TO PROVIDE ASSISTANCE TO ANY NEEDY OR DESERVING INDIVIDUAL WITHOUT REGARD TO RACE NATIONALITY, SEX, COLOR OR CREED THROUGH THE ESTABLISHMENT OF A CHARITABLE FUND.Description1Txt
Expenses1$82,582Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$82,500ExpensesAndContributionsAmt
Qualifying Distributions$82,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$82,500QualifyingDistributionsAmt
Remaining Distri From Corpus$82,500RemainingDistriFromCorpusAmt
Total Corpus$82,500TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$82,500CurrentYearAmt
Year1$57,000Year1Amt
Year2$17,500Year2Amt
Year3$36,500Year3Amt
Total$193,500TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$82,500CurrentYearAmt
Year1$57,000Year1Amt
Year2$17,500Year2Amt
Year3$36,500Year3Amt
Total$193,500TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerMICHAEL P BENNETTContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMICHAEL P BENNETTRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1325 88TH STREETAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd
FieldValueIRS element (for citing)
Recipient Phone7188368102RecipientPhoneNum

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (27 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
CARMEL RICHMOND NURSING HOME
88 OLD TOWN ROADSTATEN ISLANDNY10304NONEPCCHARITABLE$2,500
CHEST FOUNDATION
2595 PATRIOT BOULEVARDGLEN VIEWIL60026NONEPCCHARITABLE$2,000
THE CENTER FOR DISCOVERY
PO BOX 840HARRISNY12742NONEPCMEDICAL$1,500
ENA JESSET
137 MCDONALD FARM ROADSHELBURNEVT05482NONEPCSOCIAL ASSISTANCE$1,000
JACK JESSET
411 BURRITT DRIVEHARRISBURGVT05482NONEPCEDUCATIONAL$1,000
NORWEGIAN CHRISTIAN HOME
1250 67TH STREETBROOKLYNNY11219NONEPCMEDICAL$1,000
SHAWN RICHARDSON
5 LINDY LANEHANOVERNH03755NONEPCEDUCATIONAL$500
MELANIE WOODS
9425 SHORE ROADBROOKLYNNY11209NONEPCSOCIAL ASSISTANCE$1,000APT 1C
ASHLEY MALONEY
476 6TH AVENUEBROOKLYNNY11212NONEPCMEDICAL$2,000APT 1
XAVERIAN HIGH SCHOOL
7100 SHORE ROADBROOKLYNNY11209NONEPCEDUCATIONAL$25,000
ST JOSEPH INDIAN SCHOOL
PO BOX 326CHAMBERLAINSD57326NONEPCSOCIAL ASSISTANCE$2,000
ST DOMINICK'S OUTREACH
1559 65TH STREETBROOKLYNNY11219NONEPCSOCIAL ASSISTANCE$1,000
FRANKIE GALBO
115 MOBILE AVENUESTATEN ISLANDNY10305NONEPCSOCIAL ASSISTANCE$1,000
TOM BURNS
7100 SHORE ROADBROOKLYNNY11209NONEPCEDUCATIONAL$3,000
CHRISTOPHER SMITH
107 COALE AVENUESTATEN IISLANDNY10314NONEPCEDUCATIONAL$10,000
EILEEN LONG
7100 SHORE ROADBROOKLYNNY11209NONEPCSOCIAL ASSISTANCE$1,000
STEVE CARBONE
10 ELLSWORTH COURTRED BANKNJ07009NONEPCEDUCATIONAL$4,000
RAYMOND JOKERST
12536 VILLAGE CIRCLEST LOUISMO70091NONEPCSOCIAL ASSISTANCE$1,000DRIVE
WAKE ROBIN NURSING HOME
200 WAKE ROBIN DRIVESHELBURNEVT05482NONEPCSOCIAL ASSISTANCE$1,000
BRIAN MAGUIRE
8826 THIRD AVENUEBROOKLYNNY11209NONEPCEDUCATIONAL$1,000
SIGFRIED HEILES
131 97TH STREETBROOKLYNNY11209NONEPCSOCIAL ASSISTANCE$1,000
ANDREW GUERIN
622 N ELM STREETHINSDALEIL61201NONEPCSOCIAL ASSISTANCE$5,000
ST JUDE HOSPITAL
501 ST JUDES PLACEMEMPHISTN27501NONEPCMEDICAL$1,000
JOHN DEMAS
8814 FORT HAMILTONBROOKLYNNY11209NONEPCMEDICAL$6,000PARKWAY
RICHARD JESSETT
137 MCDONALD FARM ROADSHELBURNEVT05482NONEPCSOCIAL ASSISTANCE$1,000
ROY DELORENZO
319 78TH STREETBROOKLYNNY11209NONEPCEDUCATIONAL$1,000
JOHN GUERIN
12-1 TAMARON DRIVEWALDWICKNJ07463NONEPCMEDICAL$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$82,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$883RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,939RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,829RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,829TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
THROUGH CHARLES SCHWABPURCHASE2025-12$56,491$37,569$18,922
THROUGH CHARLES SCHWABPURCHASE2025-12$106,359$110,342-$3,983

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Listed At Cost Or FMVFMVListedAtCostOrFMVCd

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FILING FEES$50

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescFMV ADJUSTMENTSDesc
Amt$71,667Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXESCategoryTxt
Amt$32Amt