Funder DirectoryTHE WILLIAM AND KARIN BANKS
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Private foundation (trust)EIN 010758677Est. 2003-05

THE WILLIAM AND KARIN BANKS

BETHESDA, MD 20817

Total Assets

$8.3M

FY 2024

Annual Giving

$367K

FY 2024

Grants Made

48

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$630K

Total Expenses

$398K

Qualifying Distributions

$367K

Distributable Amount

$386K

Min. Investment Return

$394K

Undistributed Income

$370K

Payout rate 95%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.95%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $397K in 2022. Hover bars for details.

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

Top Recipients

251 grants

HIGHLAND MEDICAL CENTER
$107K
5 grants
GARTH NEWEL
$75K
5 grants
VIRGINIA HORSE CENTER FOUNDATION CO JENNIFER DONOVAN
$70K
5 grants
HIGHLAND CENTER
$67K
5 grants
CHILDREN'S HEALTH DEFENSE
$65K
2 grants
MARYLAND INSTITUTE COLLEGE OF ART
$62K
4 grants
ALEXANDRIA SEAPORT FOUNDATION
$60K
5 grants
BOLAR VOLUNTEER FIRE COMPANY
$55K
5 grants

Grant Size Distribution

250 grants

<$10K
201
grants
$10–50K
49
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

15 states

Virginia
$955K
54% of total
Maryland
$239K
14% of total
Vermont
$222K
13% of total
District of Columbia
$85K
5% of total
Georgia
$65K
4% of total
Massachusetts
$54K
3% of total
Missouri
$41K
2% of total
Pennsylvania
$24K
1% of total
Texas
$23K
1% of total
Washington
$16K
1% of total

+5 more states

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