Banas Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HADLEY, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $160K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$160K
-5.7% YoY
Annual Giving
$6K
+50.1% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$739.375
+68.9% YoY
About Banas Foundation Inc
Based on IRS filings
Banas Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HADLEY, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $160K in total assets. In 2024, it awarded 8 grants totaling $6K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $159,921 | $169,507 | $160,473 |
| Revenue | $1,010 | $16,117 | $67,459 |
| Expenses | $10,596 | $7,083 | $1,806 |
| Qualifying Distributions | $5,915 | $3,940 | $406 |
| Net Investment Income | $1,010 | $1,117 | $15 |
| Distributable Amount | $13,301 | $6,955 | $3,155 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENT BANAS | PRESIDENT /DIRECTOR | 1 | — |
| GARRISON BANAS | TREASURER/ DIRECTOR | 1 | — |
| BRIANA BANAS | CLERK/DIRECTOR | 1 | — |
| KATHY BANAS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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