Banchik Family Foundation

Foundation · Grantmaker Los Angeles, CA EIN: 95-4653371

The Banchik Family Foundation is a private 501(c)(3) grantmaking foundation established in 1997 and based in Los Angeles, California. The foundation operates as a family foundation focused on philanthropic giving across multiple sectors.

Key facts about Banchik Family Foundation

EIN
95-4653371
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$640,870
Grants made (2024)
74
Average grant
$8,660
Median grant
$3,000
New grantees (estimate)
28% first-time grantees (21 of 74, 2024)
Total assets
$227,560
Primary geography
California (90% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Banchik Family Foundation funds

By grant dollars, the top recipient states for Banchik Family Foundation's 74 itemized 2024 grants were California (90%) and 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). None of its 74 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity" (74 grants).

Is Banchik Family Foundation open to new grantees?

28%

first-time grantees, 2024

In 2024, 21 of 74 grantees (28%) were first-time recipients. First grants averaged $9K; repeat grants $8K. How we count

Medians: $2K 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 IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$228K

+131.2% YoY

Annual Giving

$641K

-22.3% YoY

Grant Count

74

+4.2% YoY

Avg Grant Size

$9K

-25.5% YoY

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 April 2026.

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Based on recent IRS Form 990 filings, the foundation awards grants with typical amounts ranging from $25,000 to $306,000. The foundation has distributed significant grant funding in recent years, with total giving of $640,870 reported in the most recent filing period.

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Geographic Focus

Where this funder awards grants

The foundation primarily directs its grantmaking toward organizations in California, New York, and Idaho.

Grant Distribution by State

21states

Share of all 74 itemized 2024 grant dollars.

Cities

Los AngelesNew YorkSanta MonicaKetchumSherman OaksBeverly HillsLong BeachCalabasasPhiladelphiaResedaWashingtonPortlandThousand OaksBethlehemCulver CityIrvineMinturnOaklandSanta AnaSurfside

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total Assets: $227,560
  • Total Giving: $640,870

Prior Year Data (2023):

  • Total Assets: $98,400
  • Total Revenue: $908,000
  • Total Expenses: $844,000
  • Total Liabilities: $168,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$252K$505K$757K$1M20202021202220232024
Metric202420232022
Total Assets$227,560$98,439$9,710
Revenue$917,863$907,571$233,607
Expenses$650,913$843,941$422,337
Qualifying Distributions$650,047$840,974$420,159
Net Investment Income$33,069—$932
Distributable Amount$11,709$6,058$7,727

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$206K$412K$619K$825K77 grants202083 grants202178 grants202271 grants202374 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Jewish Federation of Greater Los Angeles: $138KJewish Federation of GreaterLos Angeles$138KHarmony Project: $66KHarmony Project$66KOpen Paths Counseling Center: $35KOpen Paths Counseling Center$35KReady to Succeed: $35KReady to Succeed$35KUnited Friends of the Children: $35KUnited Friends of the Children$35KChildrens Burn Foundation: $25KChildrens Burn Foundation$25KFulfillment Fund: $25KFulfillment Fund$25KSaint John's Health Center: $25KSaint John's Health Center$25KStudent Sponsor Partners: $25KStudent Sponsor Partners$25KThe Pad Project: $25KThe Pad Project$25K

Grant Size Distribution

383 grants across all recorded years

375<$50K1$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Jewish Federation of Greater Los Angeles ($138,000), Harmony Project ($65,500), Open Paths Counseling Center ($35,000).

RecipientPurposeAmount
JEWISH FEDERATION OF GREATER LOS ANGELES Los Angeles, CACHARITY$138,000
HARMONY PROJECT Los Angeles, CACHARITY$65,500
OPEN PATHS COUNSELING CENTER Inglewood, CACHARITY$35,000
READY TO SUCCEED Los Angeles, CACHARITY$35,000
UNITED FRIENDS OF THE CHILDREN Los Angeles, CACHARITY$35,000
CHILDRENS BURN FOUNDATION Sherman Oaks, CACHARITY$25,000
FULFILLMENT FUND Los Angeles, CACHARITY$25,000
SAINT JOHN'S HEALTH CENTER Santa Monica, CACHARITY$25,000
STUDENT SPONSOR PARTNERS New York, NYCHARITY$25,000
THE PAD PROJECT Los Angeles, CACHARITY$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Howard BanchikPresident——
Randall BanchikDirector——
Anissa SiegelDirector——

Contact Information

Address: 10877 Wilshire Boulevard, Suite 1105 Los Angeles, CA 90024-4368

Telephone: 310-820-5443

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Banchik Family Foundation fund?

The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Banchik Family Foundation?

Based on recent IRS Form 990 filings, the foundation awards grants with typical amounts ranging from $25,000 to $306,000. The foundation has distributed significant grant funding in recent years, with total giving of $640,870 reported in the most recent filing period.

Where does Banchik Family Foundation make grants?

The foundation primarily directs its grantmaking toward organizations in California, New York, and Idaho.

What size grants does Banchik Family Foundation award?

In 2024, Banchik Family Foundation awarded 74 grants totaling $641K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Banchik Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Banchik Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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