Banks Charitable Fdn-Nuveen
Banks Charitable Fdn-Nuveen is a private foundation based in St. Petersburg, Florida. In filing year 2025, it reported 16 grants totaling $79,000 to organizations in several states.
Banks Charitable Fdn-Nuveen at a glance
In short: Banks Charitable Fdn-Nuveen gave $79K across 16 grants in 2025 (avg $5K), mostly in Utah. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $79,000
- +61.6% vs 2024
- Grants made (2025)
- 16
- -38.5% vs 2024
- Average grant
- $4,938
- +162.5% vs 2024
- Median grant
- $1,750
- Total assets
- $1,138,845
- +2.3% vs 2024
- New grantees (estimate)
- 13% first-time grantees (2 of 16, 2025; small sample)
- Primary geography
- Utah (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Banks Charitable Fdn-Nuveen
- How to Apply
-
The filing says requests should be made in writing to the contact named on the filing. It lists no restrictions on awards and no deadlines.
- Contact
Application contact: Eugene W Banks
Mailing address: 6194 Field Rose Drive, Salt Lake City, UT 84121
Phone: (801) 272-8100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Banks Charitable Fdn-Nuveen funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Salt Lake City Rotary Foundation ($40K). Together the top 10 received $75K.
Grant Size Distribution
94 grants across all recorded years
The most common grant size was under $50K: 94 grants of 94 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were concentrated in Utah, which received 92% of the total. Colorado received 5%, and Washington, California, and Texas each received 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Is Banks Charitable Fdn-Nuveen open to new grantees?
13%
first-time grantees, 2025
In 2025, 2 of 16 grantees (13%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $1K; repeat grants $6K. How we count
Medians: $1K first-time, $2K repeat.
- 88% of 2025 grantees were also funded in 2024. Method
- Giving grew 33% from 2022 to 2025. Method
- In 2025 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $38K (2020) to $79K (2025). In 2025 it made 16 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salt Lake City Rotary Foundation Kaysville, UT | General Operating | $40,000 |
| Church of Jesus Christ of Latter Salt Lake City, UT | General Operating | $11,500 |
| Brigham Young University Provo, UT | General Operating | $6,000 |
| Olathe High School Olathe, CO | General Operating | $4,000 |
| Utah Athletic Foundation DBA Park City, UT | General Operating | $3,000 |
| University of Utah Salt Lake City, UT | General Operating | $3,000 |
| Utah Soccer Alliance Recreation South Jordan, UT | General Operating | $2,500 |
| Green Gummy Bear Inc Centerville, UT | General Support | $2,000 |
| PTA Utah Congress Inc South Jordan, UT | General Operating | $1,500 |
| Girl Scouts of Utah Salt Lake City, UT | General Support | $1,000 |
Ready to take the next step with Banks Charitable Fdn-Nuveen?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,138,845 | $133,440 | $109,142 | $79,000 | 16 | $85,142 | $111,070 | $64,438 |
| 2024 | $1,113,598 | $112,375 | $76,482 | $48,900 | 26 | $59,858 | $95,325 | $62,335 |
| 2023 | $1,076,701 | $79,102 | $75,381 | $49,600 | 18 | $55,175 | $59,877 | $55,860 |
| 2022 | $1,072,478 | $134,272 | $85,122 | $59,400 | 22 | $63,909 | $115,989 | $59,886 |
| 2021 | $1,027,875 | $164,421 | $69,536 | $49,200 | 12 | $58,294 | $153,806 | $58,384 |
| 2020 | $935,142 | $88,967 | $52,751 | $37,850 | 7 | — | $80,289 | $46,333 |
Under IRS private-foundation payout rules, Banks Charitable Fdn-Nuveen reported a distributable amount of $64K for 2025 — 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 2025 grants included organizations whose own stated missions span a range of activities. Salt Lake City Rotary Foundation says it administers funds for charitable, educational, and scientific purposes connected with the activities of the Rotary Club of Salt Lake City. Utah Soccer Alliance Recreation says it provides soccer coaching, training, and games for youth regardless of ability or socioeconomic background. Girl Scouts of Utah says its work builds girls of courage, confidence, and character. Solana Beach Schools Foundation says it supports students’ enriched learning journeys through essential funding.
Grantmaking
In 2025, the foundation made 16 grants totaling $79,000. Awards ranged from $500 to $40,000, with a median grant of $1,750. The largest listed grants were $40,000 to Salt Lake City Rotary Foundation, $11,500 to Church of Jesus Christ of Latter, $6,000 to Brigham Young University, and $4,000 to Olathe High School. The filing lists the purposes of the first three as general operating and the Olathe High School grant as general operating.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Eugene W Banks and Evelyn Banks as advisors, and Raymond James Trust N A as trustee.
Banks Charitable Fdn-Nuveen's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Raymond James Trust N A
Trustee
On filings since 2021
1 hr/week
$15K (2021) → $9K (2025)
Eugene W. Banks
Advisor
On filings since 2020
2 hrs/week
No compensation reported
Evelyn Banks
Advisor
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Raymond James (2023–2024) — Trustee
- Former: Bank Of America N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $9K, to Raymond James Trust N a (Trustee).
Frequently asked questions about Banks Charitable Fdn-Nuveen
How much does Banks Charitable Fdn-Nuveen give each year?
Banks Charitable Fdn-Nuveen gave $79K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 26 grants.
What is Banks Charitable Fdn-Nuveen's typical grant size?
Banks Charitable Fdn-Nuveen's median grant in 2025 was $1,750, and its average grant was $4,938, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Banks Charitable Fdn-Nuveen that year got $1K on average.
Where does Banks Charitable Fdn-Nuveen give grants?
Banks Charitable Fdn-Nuveen gives mostly in Utah: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Colorado (5%). The most frequent recipient cities were Salt Lake City, UT (4 grants), South Jordan, UT (2 grants) and Heber City, UT (2 grants).
Does Banks Charitable Fdn-Nuveen give general operating support?
Yes: 100% of Banks Charitable Fdn-Nuveen's 2025 grants with a stated purpose (16 of 16) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Banks Charitable Fdn-Nuveen's largest grantees?
Banks Charitable Fdn-Nuveen's largest 2025 grantees include Salt Lake City Rotary Foundation ($40,000), Church of Jesus Christ of Latter ($11,500) and Brigham Young University ($6,000), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is Banks Charitable Fdn-Nuveen?
Banks Charitable Fdn-Nuveen reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $85K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets).
What does Banks Charitable Fdn-Nuveen fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations whose own stated missions span a range of activities. See mission & focus areas ↑
How do I apply for a grant from Banks Charitable Fdn-Nuveen?
The filing says requests should be made in writing to the contact named on the filing. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Banks Charitable Fdn-Nuveen's EIN?
Banks Charitable Fdn-Nuveen's EIN (Employer Identification Number) is 20-3945115. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Banks Charitable Fdn-Nuveen funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Banks Charitable Fdn-Nuveen's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Banks Charitable Fdn-Nuveen funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/banks-charitable-fdn-nuveen-morg_34b346c807144a4db95f6963ed5fe184
BibTeX
@misc{grantable_203945115_2026,
author = {{Grantable}},
title = {{Banks Charitable Fdn-Nuveen funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/banks-charitable-fdn-nuveen-morg_34b346c807144a4db95f6963ed5fe184},
note = {Accessed 2026-10-18. 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 Banks Charitable Fdn-Nuveen'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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