Funder DirectoryBANGA FAMILY FOUNDATION
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Private foundation (trust)EIN 931621605Est. 2024-08

BANGA FAMILY FOUNDATION

ALBANY, NY 12203

Total Assets

$32.4M

FY 2024

Annual Giving

$635K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$91K

FY 2024

Grant Range

$3K–$500K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$5.9M

Total Expenses

$1.4M

Qualifying Distributions

$863K

Distributable Amount

$1.5M

Min. Investment Return

$1.6M

Undistributed Income

$1.2M

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

7 grants

Grant sizes from minimum $3K through median $25K to maximum $500K, shown on a logarithmic scale.

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

Top Recipients

7 grants

Shed NYC Inc
$500K
1 grant
The President and Fellows of Harvard College
$50K
1 grant
Marymount School of New York
$28K
1 grant
council on foreign relations
$25K
1 grant
Hudson River Park Friends
$20K
1 grant
Barrow Street Nursery School
$10K
1 grant
Harvard Business School
$3K
1 grant

Grant Size Distribution

7 grants

<$10K
2
grants
$10–50K
4
grants
$50–250K
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

2 states

New York
$583K
92% of total
Massachusetts
$53K
8% of total

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BANGA FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo