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Filing year 2024

ROBERT R BANKS FOUNDATION INC

Reno, Nevada·EIN 94-3221616·NTEE S50Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$355k
Total assets
$3.7M
Total expenses
$267k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Vice President
Board Vice President
10th to 25th percentile
$16k
$17k
President/secretary/treasurer
Board President
25th percentile to median
$16k
$17k
Board Member
25th percentile to median
$16k
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ROBERT R BANKS FOUNDATION INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
6%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$134k

Itemized grants

10

Median grant

$10k

RecipientLocationPurposeAmount
BOYS AND GIRLS CLUB OF TRUCKEE MEADOWSRENO, NVYOUTH SERVICES$40k
BOYS AND GIRLS CLUB OF MASON VALLEYYERINGTON, NVYOUTH SERVICES$20k
MEFIYI FOUNDATIONGARDNERVILLE, NVYOUTH SERVICES$15k
ASSISTANCE LEAGUE OF RENO-SPARKSRENO, NVYOUTH SERVICES$10k
BIG BROTHERS BIG SISTERS OF NORTHERN NEVADARENO, NVYOUTH SERVICES$10k
CARE CHEST OF SIERRA NEVADARENO, NVGENERAL SUPPORT$10k
THE CHILDRENS' CABINETRENO, NVYOUTH SERVICES$10k
THE FIRST TEE OF NORTHERN NEVADARENO, NVYOUTH SERVICES$10k
FOR KIDS FOUNDATIONSRENO, NVYOUTH SERVICES$5k
CANINE REHABILITATION CENTERNEW WASHOE CITY, NVGENERAL SUPPORT$4k
Compare this foundation's grantees

Up 9%
from 2023

From $14k in 2023 to $16k in 2024.

$14k
2023
$16k
2024
In today's dollarsEst.
Up 6% in real terms$16k to $17k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay rose 9% from 2023 to 2024, while revenue rose 109%.

$14k in 2023 to $16k in 2024.
  • Board President pay rose 9% from 2023 to 2024.
  • Board Member pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ROBERT R BANKS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$170k
$304k
2023
$355k
$267k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Community Improvement & Capacity Building executives earn in Nevada

Comparable community improvement & capacity building organizations in Nevada pay their highest-earning executive a median of $86,100.

25th percentile
$26k
Median
$86,100
75th percentile
$168k
90th percentile
$241k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 60 organizations across 60 filings (2023 – 2024).

See full Community Improvement & Capacity Building pay data for Nevada
FAQ

Common questions about ROBERT R BANKS FOUNDATION INC

What does the Board Vice President of ROBERT R BANKS FOUNDATION INC earn?

In 2024, the Board Vice President of ROBERT R BANKS FOUNDATION INC received $15,500 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Community Improvement & Capacity Building organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at ROBERT R BANKS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Board Vice President at ROBERT R BANKS FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ROBERT R BANKS FOUNDATION INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ROBERT R BANKS FOUNDATION INC's revenue and expenses?

In 2024, ROBERT R BANKS FOUNDATION INC reported $355k in total revenue and $267k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.