SS Benwood in approximately to of water between Dixie Shoals (to the north) and French Reef (to the south) off of Key Largo, Florida. On April 10, 1942, the crew of the salvage tug "Willet" examined the wreck and determined that the keel of the "Benwood" was broken, and she was a total loss. However, her superstructure and cargo of phosphate rock appear to have been salvaged. Her stern section, once considered a hazard to navigation, seems to have been mostly obliterated by explosions of an unknown type. This salvaging on the ship over the years prompted John Pennekamp Coral Reef State
Benwood Foundation Benwood Foundation The Benwood Foundation is a charitable foundation created in 1944 by George Hunter in honor of his uncle, Benjamin Thomas who pioneered the Coca-Cola bottling industry and founded the Coca-Cola Bottling Company. George Hunter was the heir of Benjamin Thomas, and much of the wealth related to the Coca-Cola Bottling Company passed on to the Foundation. As of 2004 The Benwood Foundation distributes between $4 and $5 million annually in grants and donations. Upon George Hunter's death in 1950, 70 percent of the Coca-Cola Bottling Company stock went to the Foundation. This led to a probate law precedent-setting