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Filing year 2024

THE BANKS FOUNDATION INC

Warrenton, Virginia·EIN 65-0308530·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$368k
Total assets
$1.6M
Total expenses
$163k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE BANKS FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President
Secretary
Director

Grants paid

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

Total granted

$163k

Itemized grants

51

Median grant

$2k

RecipientLocationPurposeAmount
KABUL SMALL ANIMAL RESCUEOLIVER SPRINGS, TNGENERAL SUPPORT$12k
IWMFSARASOTA, FLGENERAL SUPPORT$10k
THE FIRST TEEMIAMI LAKES, FLGENERAL SUPPORT$10k
WORKSHOP FOR WARRIORSSAN DIEGO, CAGENERAL SUPPORT$10k
PACHAMAMA ALLIANCESAN FRANCISCO, CAGENERAL SUPPORT$8k
TINY HOOVES SANCTUARYUNION GROVE, WIGENERAL SUPPORT$6k
BRRH FOUNDATIONBOCA RATON, FLGENERAL SUPPORT$5k
DOGS INCPALMETTO, FLGENERAL SUPPORT$5k
FISHER HOUSE FOUNDATION INCROCKVILLE, MDGENERAL SUPPORT$5k
MEMORIAL SLOAN KETTERING CANCER CENTERHAGERSTOWN, VAGENERAL SUPPORT$5k
MICHAEL J FOX FOUNDATIONHAGERSTOWN, MDGENERAL SUPPORT$5k
NATIONAL MULTIPLE SCLEROSIS SOCIETYFT LAUDERDALE, FLGENERAL SUPPORT$5k
THE ASSOCIATION FOR FRONTAL TEMPORAL DEGENERATIONKING OF PRUSSIA, PAGENERAL SUPPORT$5k
UNITED WAY OF PALM BEACH COUNTYWEST PALM BEACH, FLGENERAL SUPPORT$5k
UNITED WAY OF SUMMIT COUNTYAKRON, OHGENERAL SUPPORT$5k
AMAZON WATCHOAKLAND, CAGENERAL SUPPORT$4k
BEST FRIENDS ANIMAL SANCTUARYKANAB, UTGENERAL SUPPORT$4k
NATIONAL WILDLIFE FEDERATIONMERRIFIELD, VAGENERAL SUPPORT$4k
ALZHEIMERS ASSOCIATIONWASHINGTON, DCGENERAL SUPPORT$3k
AMERICAN RED CROSSBOONE, IAGENERAL SUPPORT$3k
EVERY KID SPORTS - KIDS IN THE GAMEBEND, ORGENERAL SUPPORT$3k
A FOREVER HOME RESCUE FOUNDATIONCHANTILLY, VAGENERAL SUPPORT$2k
BOYS & GIRLS CLUB OF BOCA RATONBOCA RATON, FLGENERAL SUPPORT$2k
CIRCLE A HOME FOR HORSESVIRGINIA BEACH, VAGENERAL SUPPORT$2k
DIABETES RESEARCH INSTITUTE FOUNDATIONHOLLYWOOD, FLGENERAL SUPPORT$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$69k
$159k
2023
$368k
$163k
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 Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

THE BANKS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

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

Common questions about THE BANKS FOUNDATION INC

What are THE BANKS FOUNDATION INC's revenue and expenses?

In 2024, THE BANKS FOUNDATION INC reported $368k in total revenue and $163k 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.