Arline & Thomas Bannan Foundation

LOS ANGELES, CA EIN: 91-6029798

Arline & Thomas Bannan Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $895K in total assets. In 2024, it awarded 5 grants totaling $70K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$895K

-5.8% YoY

Annual Giving

$70K

-1.4% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$14K

+18.3% YoY

Under IRS private-foundation payout rules, Arline & Thomas Bannan Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Arline & Thomas Bannan Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $302K (83%)

Arizona $60K (17%)

States

Arizona California

Cities

Los AngelesLos GatosTucson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$894,713	$949,954	$1,027,927
Revenue	$41,788	$28,922	$-12,156
Expenses	$106,914	$106,895	$98,063
Qualifying Distributions	$93,847	$94,403	$84,841
Net Investment Income	$31,187	$25,121	$13,811
Distributable Amount	$43,938	$46,219	$50,957

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include California Science Center Foundation ($20,000), Loyola High School of Los Angeles ($20,000), California Province of the Society of Jesus ($10,000).

Recipient	Purpose	Amount
CALIFORNIA PROVINCE OF THE SOCIETY OF JESUS LOS GATOS, CA	TO FURTHER CHARITABLE PURPOSES	$10,000
CALIFORNIA SCIENCE CENTER FOUNDATION LOS ANGELES, CA	TO FURTHER CHARITABLE PURPOSES	$20,000
CATHOLIC CHARITIES OF LOS ANGELES LOS ANGELES, CA	TO FURTHER CHARITABLE PURPOSES	$10,000
LOYOLA HIGH SCHOOL OF LOS ANGELES LOS ANGELES, CA	TO FURTHER CHARITABLE PURPOSES	$20,000
VATICAN OBSERVATORY FOUNDATION TUCSON, AZ	TO FURTHER CHARITABLE PURPOSES	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KAREN DALBY	PRESIDENT	2	$7,500
BENJAMIN DALBY	VICE PRESIDENT	2	$7,500
NM GROSSMAN	SECRETARY/TR	10	$7,500

Frequently Asked Questions

How large is Arline & Thomas Bannan Foundation?

As of 2024, Arline & Thomas Bannan Foundation holds $895K in total assets with $42K in annual revenue. It awarded 5 grants totaling $70K in 2024.

Where does Arline & Thomas Bannan Foundation operate?

Arline & Thomas Bannan Foundation has awarded grants in Arizona, California.

What size grants does Arline & Thomas Bannan Foundation award?

In 2024, Arline & Thomas Bannan Foundation awarded 5 grants totaling $70K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Arline & Thomas Bannan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Arline & Thomas Bannan Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Arline & Thomas Bannan Foundation's EIN?

Arline & Thomas Bannan Foundation's EIN (Employer Identification Number) is 91-6029798. IRS Form 990 filing data is available on this page for 2020–2024.