Funder DirectoryRobert J and Jennifer J Banks Charitable
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Private foundation (trust)EIN 206296856Est. 2004-11

Robert J and Jennifer J Banks Charitable

Wilmington, DE 198091377

Total Assets

$13.0M

FY 2023

Annual Giving

$456K

FY 2023

Grants Made

20

FY 2023

Avg Grant

$23K

FY 2023

Grant Range

$1K–$225K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$1.4M

Total Expenses

$604K

Qualifying Distributions

$514K

Distributable Amount

$534K

Min. Investment Return

$538K

Undistributed Income

$528K

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

20 grants

Grant sizes from minimum $1K through median $10K to maximum $225K, 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 2023. Peak $594K in 2022. Hover bars for details.

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

Top Recipients

100 grants

MORTON PLANT MEASE HEALTH CARE FOUNDATION INC
$860K
7 grants
SPRING LAKE RANCH INC
$417K
4 grants
PENNSYLVANIA STATE UNIVERSITY
$201K
5 grants
METROPOLITAN MINISTRIES INC
$96K
8 grants
READY FOR LIFE INC
$90K
4 grants
BRIDGEVILLE AREA HISTORICAL SOCIETY
$76K
4 grants
BERKELEY PREPARATORY SCHOOL INC
$40K
3 grants
SUNCOAST VOICES FOR CHILDREN FOUNDATION INC
$40K
2 grants

Grant Size Distribution

100 grants

<$10K
68
grants
$10–50K
26
grants
$50–250K
6
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Florida
$1.3M
62% of total
Vermont
$417K
19% of total
Pennsylvania
$278K
13% of total
Michigan
$119K
5% of total
District of Columbia
$4K
0% of total
New York
$1K
0% of total

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Robert J and Jennifer J Banks Charitable — Grants, Financials & Contact | Grantivo