Private foundation (trust)EIN 541716303Est. 1994-07

BANE FOUNDATION

SALEM, VA 24153

Total Assets

$1.0M

FY 2024

Annual Giving

$52K

FY 2024

Grants Made

53

FY 2024

Avg Grant

$977

FY 2024

Grant Range

$100–$5K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$53K

Total Expenses

$54K

Qualifying Distributions

$52K

Distributable Amount

$54K

Min. Investment Return

$55K

Undistributed Income

$54K

Payout rate 96%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.96%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

53 grants

Grant sizes from minimum $100 through median $500 to maximum $5K, 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

5 years

Giving over time from 2018 to 2024. Peak $57K in 2018. Hover bars for details.

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

Top Recipients

244 grants

SOUTHERN COLLEGE OF OPTOMETRY
$27K
5 grants
HOPE LEGACY EQUINE RESCUE
$21K
4 grants
ST JUDE CHILDREN'S RESEARCH HOSP
$13K
4 grants
ST CROIX REFORMED CHURCH
$13K
5 grants
ROANOKE COLLEGE
$10K
3 grants
LUSTGARTEN FOUNDATION
$10K
3 grants
RONALD MCDONALD HOUSE
$8K
2 grants
SUSAN G KOMEN BREAST CANCER
$8K
2 grants

Grant Size Distribution

244 grants

<$10K
244
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

19 states

Virginia
$127K
47% of total
Tennessee
$45K
17% of total
Florida
$30K
11% of total
VI
$20K
7% of total
Texas
$13K
5% of total
New York
$11K
4% of total
Massachusetts
$9K
3% of total
District of Columbia
$4K
1% of total
Illinois
$3K
1% of total
Arizona
$3K
1% of total

+9 more states

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