Funder DirectoryMinbanc Foundation Inc
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EIN 510386370

Minbanc Foundation Inc

Washington, DC 20005

Accepts unsolicited proposals

Total Assets

$2.8M

FY 2020

Annual Giving

$41K

FY 2020

Grants Made

16

FY 2020

Avg Grant

$3K

FY 2020

Grant Range

$640–$6K

Typical

Deadlines

Applications must be submitted within …

Applications

Programs & Activities

Program 1

Provided grant for training to the employees of minority and female-owned banks.

Financial Snapshot

2020 filing

Total Revenue

$162K

Total Expenses

$137K

Distributable Amount

$120K

Min. Investment Return

$121K

Undistributed Income

$120K

Grant Range

16 grants

Grant sizes from minimum $640 through median $2K to maximum $6K, 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

16 grants

Pacific City Bank
$6K
1 grant
New Omni Bank
$5K
1 grant
Community 1st Bank of Las Vegas
$5K
1 grant
Bank of Cherokee County
$5K
1 grant
Carver Federal Savings Bank
$2K
1 grant
The Harbor Bank of Maryland
$2K
1 grant
First IC Bank
$2K
1 grant
Hawaii National Bank
$2K
1 grant

Grant Size Distribution

16 grants

<$10K
16
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

13 states

California
$11K
27% of total
New Mexico
$5K
13% of total
Oklahoma
$5K
12% of total
New York
$4K
9% of total
Hawaii
$4K
9% of total
Maryland
$2K
5% of total
Georgia
$2K
5% of total
South Carolina
$2K
4% of total
Illinois
$2K
4% of total
Tennessee
$2K
4% of total

+3 more states

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