Banks Foundation Inc

EIN 65-0308530 · VA

Invitation only Typical grant ~$2K Funds in FL, CA, VA +13
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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)

The First Tee
Miami Lakes, FL
General Support
$10,000
Iwmf
Sarasota, FL
General Support
$10,000
Workshop for Warriors
San Diego, CA
General Support
$10,000
Pachamama Alliance
San Francisco, CA
General Support
$8,000
Kabul Small Animal Rescue
Oliver Springs, TN
General Support
$8,000
United Way of Summit County
Akron, OH
General Support
$5,000
Fisher House Foundation Inc
Rockville, MD
General Support
$5,000
National Multiple Sclerosis Society
Ft Lauderdale, FL
General Support
$5,000
Michael J Fox Foundation
Hagerstown, MD
General Support
$5,000
Memorial Sloan Kettering Cancer Center
Hagerstown, VA
General Support
$5,000
United Way of Palm Beach County
West Palm Beach, FL
General Support
$5,000
The Association for Frontal Temporal Degeneration
King of Prussia, PA
General Support
$5,000

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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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