William and Karin Banks Foundation Inc

EIN 01-0758677 · MD · NTEE T22

Invitation only Typical grant ~$5K Funds in VA, MD, VT +7
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Giving Profile

In 2025, William and Karin Banks Foundation Inc based in MD paid 50 grants totaling $380.6K to 50 organizations across 10 states. Individual grants ranged from $500 to $30K, with a median of $5K. Its largest recipients included LOUDOUN CLUB 12, HIGHLAND MEDICAL CENTER, and DC RAPE CRISIS CENTER. The foundation does not accept unsolicited applications — giving is by invitation only.

Foundation at a Glance

Total assets
$7,110,715
Giving (latest yr)
$380,550
Filing year
2025
Itemized grants
50
Median grant
$5K
Recipients
50
States reached
10
Officers/trustees
2
Unsolicited applications
No — invitation only

Where the Money Goes

Top recipients

  • Loudoun Club 12$30,000
  • Highland Medical Center$24,500
  • DC Rape Crisis Center$22,500
  • Safe Harbor$22,500
  • Alexandria Seaport Foundation$15,000

Where grants went

  • Virginia$199,500 · 23 grants
  • Maryland$50,550 · 11 grants
  • Vermont$43,000 · 6 grants
  • District of Columbia$32,500 · 4 grants
  • California$15,000 · 1 grant
  • Michigan$10,000 · 1 grant

Grants Paid (50)

Loudoun Club 12
Leesburg, VA
Foundation Donation
$30,000
Highland Medical Center
Monterey, VA
Foundation Donations
$24,500
Safe Harbor
Richmond, VA
Foundation Donation
$22,500
DC Rape Crisis Center
Washington, DC
Foundation Donation
$22,500
Highland Center
Monterey, VA
Foundation Donations
$15,000
Blood Stained Men
Davis, CA
Foundation Donation
$15,000
Bolar Volunteer Fire Company
Warm Springs, VA
Foundation Donations
$15,000
Alexandria Seaport Foundation
Alexandria, VA
Foundation Donations
$15,000
Garth Newel
Warm Springs, VA
Foundation Donations
$15,000
Virginia Horse Center Foundation CO Jennifer Donovan
Lexington, VA
Foundation Donations
$14,500
Maryland Institute College of Art
Baltimore, MD
Foundation Donations
$13,550
Equine Rescue League
Leesburg, VA
Foundation Donations
$11,000

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FAQFrequently Asked Questions

No. William and Karin 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, William and Karin Banks Foundation Inc reported 50 itemized grants totaling $380.6K. Individual grants ranged from $500 to $30K (median $5K).

Recent recipients include LOUDOUN CLUB 12, HIGHLAND MEDICAL CENTER, DC RAPE CRISIS CENTER, among 50 organizations in total. The full grant list is on this page.

William and Karin Banks Foundation Inc is a private foundation based in Maryland, per its IRS 990-PF filing.

William and Karin 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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