Banks Foundation Inc
EIN 65-0308530 · VA
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Giving Profile
In 2025, Banks Foundation Inc based in VA paid 50 grants totaling $151.5K to 50 organizations across 16 states. Individual grants ranged from $1K to $10K, with a median of $2K. Its largest recipients included IWMF, THE FIRST TEE, and WORKSHOP FOR WARRIORS. The foundation does not accept unsolicited applications — giving is by invitation only.
Foundation at a Glance
- Total assets
- $1,817,672
- Giving (latest yr)
- $151,500
- Filing year
- 2025
- Itemized grants
- 50
- Median grant
- $2K
- Recipients
- 50
- States reached
- 16
- Officers/trustees
- 3
- Unsolicited applications
- No — invitation only
Where the Money Goes
Top recipients
- Iwmf$10,000
- The First Tee$10,000
- Workshop for Warriors$10,000
- Kabul Small Animal Rescue$8,000
- Pachamama Alliance$8,000
Where grants went
- Florida$49,000 · 12 grants
- California$22,000 · 5 grants
- Virginia$22,000 · 11 grants
- Maryland$13,000 · 4 grants
- District of Columbia$9,000 · 3 grants
- Tennessee$8,000 · 1 grant
Grants Paid (50)
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We’ll send you Banks Foundation Inc’s recent grants — recipients, amounts, and years, straight from its IRS 990-PF filings — so you can keep researching offline.
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FAQFrequently Asked Questions
No. Banks Foundation Inc does not accept unsolicited applications — its grantmaking is by invitation only. Cultivating a relationship or securing an introduction is typically required.
In its most recent filing, Banks Foundation Inc reported 50 itemized grants totaling $151.5K. Individual grants ranged from $1K to $10K (median $2K).
Recent recipients include IWMF, THE FIRST TEE, WORKSHOP FOR WARRIORS, among 50 organizations in total. The full grant list is on this page.
Banks Foundation Inc is a private foundation based in Virginia, per its IRS 990-PF filing.
Banks Foundation Inc gives by invitation only, so there is no open application. Officer and address details from its 990-PF are the best starting point for an introduction.
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