Funder DirectoryBANAS FOUNDATION INC
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Private non-operating foundationEIN 874509339Est. 2022-11

BANAS FOUNDATION INC

HADLEY, MA 01035

Total Assets

$179K

FY 2023

Annual Giving

$4K

FY 2023

Grants Made

9

FY 2023

Avg Grant

$438

FY 2023

Grant Range

$150–$874

Typical

Deadlines

Applications

Focus Areas

Private Operating Foundations

Financial Snapshot

2023 filing

Total Revenue

$16K

Total Expenses

$7K

Qualifying Distributions

$4K

Distributable Amount

$7K

Min. Investment Return

$7K

Undistributed Income

$6K

Payout rate 57%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.57%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

9 grants

Grant sizes from minimum $150 through median $500 to maximum $874, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $4K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

11 grants

BAYSTATE MEDICAL PRACTICES
$1K
2 grants
BOSTON CHILDREN'S PHYSICIANS ORGANIZATION
$700
1 grant
MASSEE HEATING AND COOLING
$537
1 grant
SAINT MICHAEL'S COLLEGE STUDENT FINANCIAL SERVICES
$500
1 grant
CANCER CONNECTION
$500
1 grant
HOSPICE OF FISHER HOUSE
$400
2 grants
CLARKE SCHOOL FOR THE DEAF
$326
1 grant
SHRINERS HOSPITAL
$306
2 grants

Grant Size Distribution

11 grants

<$10K
11
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Massachusetts
$4K
88% of total
Vermont
$500
12% of total

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BANAS FOUNDATION INC — Grants, Financials & Contact | Grantivo