Private foundation (trust)EIN 814086211Est. 2016-10
BANYAN FOUNDATION
DETROIT, MI 48215
Accepts unsolicited proposalsTotal Assets
$166K
FY 2024
Annual Giving
$1K
FY 2024
Grants Made
1
FY 2024
Avg Grant
$1K
FY 2024
Grant Range
$1K–$1K
Typical
Deadlines
Open / rolling
Applications
Programs & Activities
Program 1
The grants from banyan foundation allow entrepreneurs to launch new businesses or assist in stablizing or expanding existing ones. To date, these businesses have been located in the detroit neighborhoods and the majority of these have been minority-owned.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$19K
Total Expenses
$8K
Qualifying Distributions
$1K
Distributable Amount
$7K
Min. Investment Return
$8K
Undistributed Income
$7K
Payout rate
Qualifying distributions as a share of distributable amount.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
3 grants
Grant Size Distribution
3 grants
Geographic Focus
1 states
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