Banchik Family Foundation
Banchik Family Foundation is a private foundation based in Los Angeles, California. In 2024, it reported 74 grants totaling $640,870 to charitable organizations, including organizations serving children and youth, supporting education and employment pathways, and providing health and community services.
Banchik Family Foundation at a glance
In short: Banchik Family Foundation gave $641K across 74 grants in 2024 (avg $9K), mostly in California. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $640,870
- -22.3% vs 2023
- Grants made (2024)
- 74
- +4.2% vs 2023
- Average grant
- $8,660
- -25.5% vs 2023
- Median grant
- $3,000
- Total assets
- $227,560
- +131.2% vs 2023
- New grantees (estimate)
- 27% first-time grantees (20 of 74, 2024)
- Primary geography
- California (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Banchik Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 10877 Wilshire Blvd Ste 1105, Los Angeles, CA 90024
Phone: (310) 820-5443
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Banchik Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Federation of Greater Los Angeles ($138K). Together the top 10 received $434K.
Grant Size Distribution
383 grants across all recorded years
The most common grant size was under $50K: 375 grants of 383 (98%).
Geographic Focus
Where this funder awards grants
In 2024, California organizations received 90% of the foundation’s grant dollars. New York received 5%, Idaho 2%, and Pennsylvania and Delaware 1% each.
Grant Distribution by State
Share of 2024 grant dollars across all 74 itemized grants.
States
Cities
Is Banchik Family Foundation open to new grantees?
27%
first-time grantees, 2024
In 2024, 20 of 74 grantees (27%) were first-time recipients. First grants averaged $10K; repeat grants $8K. How we count
Medians: $3K first-time, $3K repeat.
- 53% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+18%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $411K (2022) to $825K (2023). In 2024 it made 74 grants totaling $641K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Federation of Greater Los Angeles Los Angeles, CA | Charity | $138,000 |
| Harmony Project Los Angeles, CA | Charity | $65,500 |
| Open Paths Counseling Center Inglewood, CA | Charity | $35,000 |
| Ready to Succeed Los Angeles, CA | Charity | $35,000 |
| United Friends of the Children Los Angeles, CA | Charity | $35,000 |
| Childrens Burn Foundation Sherman Oaks, CA | Charity | $25,000 |
| Fulfillment Fund Los Angeles, CA | Charity | $25,000 |
| Saint John's Health Center Santa Monica, CA | Charity | $25,000 |
| Student Sponsor Partners New York, NY | Charity | $25,000 |
| The Pad Project Los Angeles, CA | Charity | $25,000 |
Ready to take the next step with Banchik Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $227,560 | $917,863 | $650,913 | $640,870 | 74 | $650,047 | $33,069 | $11,709 |
| 2023 | $98,439 | $907,571 | $843,941 | $824,956 | 71 | $840,974 | — | $6,058 |
| 2022 | $9,710 | $233,607 | $422,337 | $410,784 | 78 | $420,159 | $932 | $7,727 |
| 2021 | $108,842 | $526,554 | $548,520 | $541,162 | 83 | $545,114 | $51,136 | $9,666 |
| 2020 | $157,344 | $561,932 | $501,246 | $498,623 | 77 | — | $105,017 | $4,510 |
Under IRS private-foundation payout rules, Banchik Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grantees describe a range of activities: Harmony Project promotes children’s development through music; READY TO SUCCEED supports foster youth in college with career advising and employment pathways; and United Friends of the Children supports current and former foster youth through education, housing, advocacy, and relationships with community members. Open Paths Counseling Center describes providing affordable counseling, free therapy programs for at-risk children and youth, and therapist training. Other grantees include Fulfillment Fund, which supports college access and completion for students from underresourced communities, and The Pad Project, which works on menstrual care access and equity.
Grantmaking
In 2024, the foundation made 74 grants totaling $640,870. Grant amounts ranged from $25 to $138,000, with a median grant of $3,000. Its largest listed awards included $138,000 to Jewish Federation of Greater Los Angeles, $65,500 to Harmony Project, and $35,000 each to Open Paths Counseling Center, READY TO SUCCEED, and United Friends of the Children. The listed purposes for these grants were “CHARITY.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Howard Banchik as president, and Randall Banchik and Anissa Siegel as directors.
Banchik Family Foundation is led by Howard Banchik, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Howard Banchik
President
On filings since 2020
No compensation reported
Anissa Siegel
Director
On filings since 2020
No compensation reported
Randall Banchik
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Banchik Family Foundation
How much does Banchik Family Foundation give each year?
Banchik Family Foundation gave $641K across 74 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $825K across 71 grants.
What is Banchik Family Foundation's typical grant size?
Banchik Family Foundation's median grant in 2024 was $3,000, and its average grant was $8,660, across 74 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Banchik Family Foundation that year got $10K on average.
Where does Banchik Family Foundation give grants?
Banchik Family Foundation gives mostly in California: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (5%). The most frequent recipient cities were Los Angeles, CA (29 grants), Santa Monica, CA (5 grants), New York, NY (4 grants) and Ketchum, ID (4 grants).
Does Banchik Family Foundation give general operating support?
Not in 2024: none of the 74 grants with a stated purpose on Banchik Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (74 grants).
Who are Banchik Family Foundation's largest grantees?
Banchik Family Foundation's largest 2024 grantees include Jewish Federation of Greater Los Angeles ($138,000), Harmony Project ($65,500) and Open Paths Counseling Center ($35,000), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.
How large is Banchik Family Foundation?
Banchik Family Foundation reported $228K in total assets on its 2024 IRS Form 990-PF. It paid out $650K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).
What does Banchik Family Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Banchik Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Banchik Family Foundation's EIN?
Banchik Family Foundation's EIN (Employer Identification Number) is 95-4653371. IRS Form 990 filing data is available on this page for 2020–2024.
Does Banchik Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Banchik Family Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/banchik-family-foundation-morg_acfb28b1ade849f885695c62147feffa
BibTeX
@misc{grantable_954653371_2026,
author = {{Grantable}},
title = {{Banchik Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/banchik-family-foundation-morg_acfb28b1ade849f885695c62147feffa},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Banchik Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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