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Filing year 2024

BANAS FOUNDATION INC

Hadley, Massachusetts·EIN 87-4509339·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1k
Total assets
$160k
Total expenses
$11k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. BANAS FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President /director
Treasurer/ Director
Clerk/director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$6k

Itemized grants

8

Median grant

$500

RecipientLocationPurposeAmount
TUNNELS TO TOWERSBOSTON, MABAYSTATE MEDICAL CENTER ON BEHALF OF SAMANTHA KEITH.$2k
SHARON BOLAN MINISTRIESARLINGTON, TXRELIGION$1k
MEADOW BROOK APTS FOR EDUINO FERNANDESBOSTON, MAPAID TO BAYSTATE MRI & IMAGING CENTER ON BEHALF OF SAMANTHA KEITH.$915
HELDOR GOMES ANDRADEWOBURN, MABOSTON CHILDREN'S PHYSICIANS ORGANIZATION ON BEHALF OF BRENTLY CLOUTIER.$500
CANCER CONNECTIONNORTHAMPTON, MACANCER CONNECTION FOR SUPPORT FOR THOSE WITH CANCER.$500
HOSPICE OF FISHER HOUSEAMHERST, MATO HELP PEOPLE THAT HAVE LESS THAN SIX MONTHS TO LIVE.$500
SHRINERS HOSPITALSPRINGFIELD, MATO SUPPORT CHILDREN WITH BONE DEFICIENCY.$500
ST JUDES CHILDRENS RESEARCH HOSPITALMEMPHIS, TNCHILDREN'S HEALTHCARE RESEARCH$500
Financial trend

Revenue and expenses over time

BANAS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$16k
$7k
2023
$1k
$11k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

BANAS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about BANAS FOUNDATION INC

What are BANAS FOUNDATION INC's revenue and expenses?

In 2024, BANAS FOUNDATION INC reported $1k in total revenue and $11k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.