Benlei Foundation Gift Annuity

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 866181471 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Benlei Foundation Gift Annuity?

Benlei Foundation Gift Annuity is a nonprofit organization with a unique mission. Its primary objective is to fund gift annuities, while ensuring that the philanthropic aspirations of the foundation are maintained both presently and in the future. The organization's activities are centered around this mission, striving to strike a balance between financing gift annuities and upholding the foundation's charitable goals.

Is Benlei Foundation Gift Annuity legitimate?

Benlei Foundation Gift Annuity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benlei Foundation Gift Annuity submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Benlei Foundation Gift Annuity?

The Benlei Foundation Gift Annuity's primary mission is to fund gift annuities to the fullest extent possible, while consistently adhering to the philanthropic intentions of the foundation, both in the present and the future. This organization aims to maintain its commitment to its benefactors' original intentions, ensuring the continued success of its gift annuity program.

Who is the CEO of Benlei Foundation Gift Annuity?

Benson Schaub is the Trustee of Benlei Foundation Gift Annuity.

What is the revenue of Benlei Foundation Gift Annuity?

Benlei Foundation Gift Annuity's revenue in 2021 was $6,718.

Who are the executives of Benlei Foundation Gift Annuity and what are their salaries?


Here are 4 key members and their salaries:


Benson Schaub (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Lein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Teisberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Benlei Foundation Gift Annuity?

Benlei Foundation Gift Annuity's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Benlei Foundation Gift Annuity

Benlei Foundation Gift Annuity's mission is centered around primarily funding gift annuities to the fullest extent possible. This is done while ensuring that the philanthropic intentions of the foundation are maintained, not just in the present but also into the future. The organization's primary goal is to manage its resources effectively, ensuring that the spirit and purpose of the foundation's charitable contributions continue to be upheld. By doing so, Benlei Foundation Gift Annuity strives to make a lasting impact, fulfilling its role as a responsible and dedicated philanthropic entity.

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Impact




October, 2024

Benlei Foundation Gift Annuity has a significant impact by providing a sustainable financial mechanism that aligns with the philanthropic intentions of its supporters. By primarily funding gift annuities, the organization ensures that donors can secure a reliable income stream for themselves while simultaneously contributing to causes they care about. This arrangement not only fulfills the immediate financial needs of donors but also supports long-term charitable goals, creating a lasting legacy that benefits future generations.

The foundation’s strategic focus on maintaining its mission helps to uphold the values and wishes of its contributors, fostering a sense of community and shared purpose. Operating from Phoenix, AZ, it plays a pivotal role in promoting philanthropy in the region, reinforcing the importance of charitable giving as a means of making a positive social impact. Overall, the Benlei Foundation Gift Annuity serves as a vital resource that nurtures generosity and supports ongoing community development.




This information is meant to be a general summary of Benlei Foundation Gift Annuity. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,718 (2021)
Expenses
$25,364 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $8
  • Gross Receipts: $6,718

Assets and Liabilities:

  • Total Assets: $78,904
  • Total Liabilities: $296,514
  • Net Assets: -$217,610

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Organization Details

Principal Officer

Benson Schaub

Main Address

4518 NORTH 32ND STREET, PHOENIX, AZ, 85018

NTEE Category

Code: T30 - Philanthropy

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