Banfield Inc

Private foundation · Grantmaker Marenisco, MI EIN: 38-3054903

BANFIELD INC is a private foundation based in Marenisco, Michigan. Its 2025 filing reports grants to organizations in Michigan and Wisconsin, including organizations working in civic, educational, cultural, social-service, and animal-shelter areas.

Key facts about Banfield Inc

In short: Banfield Inc gave $24K across 16 grants in 2025 (avg $2K), mostly in Michigan. 38% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
38-3054903
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$24,000
Grants made (2025)
16
Average grant
$1,500
Median grant
$1,000
New grantees (estimate)
38% first-time grantees (6 of 16, 2025)
Total assets
$223,913
Primary geography
Michigan (92% of itemized 2025 grant dollars)
How to apply
The foundation’s 2024 filing says it does not restrict giving to preselected organizations. Full details ↓
Deadline
The 2024 filing lists the month of May.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$224K

-10.3% YoY

Annual Giving

$24K

-4.0% YoY

Grant Count

16

+23.1% YoY

Avg Grant Size

$2K

-22.0% YoY

Under IRS private-foundation payout rules, Banfield Inc reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.

Is Banfield Inc open to new grantees?

38%

first-time grantees, 2025

In 2025, 6 of 16 grantees (38%) were first-time recipients. First grants averaged $2K; repeat grants $1K. How we count

Medians: $2K first-time, $1K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 20% from 2022 to 2025. Method
  • In 2023 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement is provided. The 2025 grants include support for a civic center, a library, a food pantry, children’s programs, cultural events, a domestic violence shelter, and an animal shelter. Ironwood Theatre Inc., a 2025 grantee, describes its own mission as preserving and providing an iconic facility where everyone is invited to discover and enjoy the performing arts.

Grantmaking

In 2025, the foundation reported 16 grants totaling $24,000. Grant amounts ranged from $100 to $4,000, with a median of $1,000. Larger awards included $4,000 each to PJ O’Donnell Civic Center and Friends of the IWD Carnegie Library; $3,400 to St Vincent de Paul; and $2,000 each to SalemZion Kids ClubCamp, Emberlight Festival, and Awkward Stage Drama Club.

Review Cycle

The 2024 filing lists the month of May. This is a past application cycle, not a current deadline.

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Geographic Focus

Where this funder awards grants

The 2025 grants went to recipients in Michigan (92% of grant dollars) and Wisconsin (8%). The listed grants include recipients in Ironwood, Michigan, and Hurley, Wisconsin.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

IronwoodHurleyWakefieldBessemerMontrealIron RiverPence

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K13 grants2021 17 grants2022 17 grants2023 13 grants2024 16 grants2025

From 2021 to 2025, annual grant giving ranged from $17K (2021) to $25K (2024). In 2025 it made 16 grants totaling $24K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

PJ Odonnell Civic Center: $4KPJ Odonnell Civic Center$4KFriends of the IWD Carnegie Library: $4KFriends of the IWD CarnegieLibrary$4KSt Vincent De Paul: $3KSt Vincent De Paul$3KSalemzion Kids Clubcamp: $2KSalemzion Kids Clubcamp$2KEmberlight Festival: $2KEmberlight Festival$2KAwkward Stage Drama Club: $2KAwkward Stage Drama Club$2KDomestic Violence Escape Dove Inc: $1KDomestic Violence Escape DoveInc$1KIronwood Theatre: $1KIronwood Theatre$1KLittle Finland: $1KLittle Finland$1KErwin Township Historical Society: $1KErwin Township HistoricalSociety$1K

The largest 2025 recipient was PJ Odonnell Civic Center ($4K). Together the top 10 received $21K.

Grant Size Distribution

76 grants across all recorded years

76<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 76 grants of 76 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PJ Odonnell Civic Center Ironwood, MICivic Center$4,000
Friends of the IWD Carnegie Library Ironwood, MIEducationalarts$4,000
St Vincent De Paul Ironwood, MIEmergency Fundfood Pantryxmas Gifts for Children$3,400
Salemzion Kids Clubcamp Ironwood, MIChildrens Programs$2,000
Emberlight Festival Ironwood, MICultural$2,000
Awkward Stage Drama Club Ironwood, MICultural$2,000
Domestic Violence Escape Dove Inc Ironwood, MIDomestic Violence Shelter$1,000
Ironwood Theatre Ironwood, MICultural Events$1,000
Little Finland Hurley, WICultural$1,000
Erwin Township Historical Society Ironwood, MICultural$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $223,913 $5,937 $31,766 $24,000 (16)
2024 $249,744 $76,012 $31,164 $25,000 (13)
2023 $204,896 $22,013 $26,245 $23,000 (17)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$223,913$249,744$204,896
Revenue$5,937$76,012$22,013
Expenses$31,766$31,164$26,245
Qualifying Distributions——$21,000
Net Investment Income—$63,214$9,095
Distributable Amount$25,483$22,483$21,356

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David Rowe, Ellen Metko, and James Mildren as directors; Brian Tarro as president; Kathryn Johnson as secretary; and Eric Haukkala as treasurer.

Banfield Inc is led by Brian Tarro, President since 2022 (on filings since 2021); 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Brian Tarro

    President

    Vice President → President, 2022

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • David Rowe

    Director

    President → Director, 2022

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Ellen Metko

    Director

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • James Mildren

    Director

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Eric Haukkala

    Treasurer

    On filings since 2021

    0.3 hrs/week

    $1K (2024) → $1K (2025)

  • Kathryn Johnson

    Secretary

    On filings since 2021

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Eric Haukkala — Treasurer: $1KEric HaukkalaTreasurer$1K

The highest reported compensation on the 2025 filing was $1K, to Eric Haukkala (Treasurer).

Contact

Application contact: Eric Haukkala
Mailing address: N10117 East Shore Rd, Marenisco, MI 49947
Phone: (612) 819-4134
Email: eric@ironrivercpa.com

Frequently asked questions about Banfield Inc

How much does Banfield Inc give each year?

Banfield Inc gave $24K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 13 grants.

What is Banfield Inc's typical grant size?

Banfield Inc's median grant in 2025 was $1,000, and its average grant was $1,500, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Banfield Inc that year got $2K on average.

Where does Banfield Inc give grants?

Banfield Inc gives mostly in Michigan: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (8%). The most frequent recipient cities were Ironwood, MI (12 grants) and Hurley, WI (2 grants).

Does Banfield Inc give general operating support?

Not in 2025: none of the 16 grants with a stated purpose on Banfield Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Cultural" (4 grants) and "Educational" (3 grants).

Who are Banfield Inc's largest grantees?

Banfield Inc's largest 2025 grantees include PJ Odonnell Civic Center ($4,000), Friends of the IWD Carnegie Library ($4,000) and St Vincent De Paul ($3,400), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.

How large is Banfield Inc?

Banfield Inc reported $224K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $6K.

What does Banfield Inc fund?

No mission statement is provided. The 2025 grants include support for a civic center, a library, a food pantry, children’s programs, cultural events, a domestic violence shelter, and an animal shelter. See mission & focus areas ↑

How do I apply for a grant from Banfield Inc?

The foundation’s 2024 filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is Banfield Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Banfield Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Banfield Inc's EIN?

Banfield Inc's EIN (Employer Identification Number) is 38-3054903. IRS Form 990 filing data is available on this page for 2021–2025.

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

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