Banks Family Foundation
Banks Family Foundation is a private foundation, based in Calabasas, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $70K in total assets. Net investment income was $8K.
Banks Family Foundation at a glance
- Total assets
- $69,767
- Revenue (2024)
- $8,497
- Net investment income (2024)
- $8,497
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Banks Family Foundation funds
How this funder distributes its grants
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Banks Family Foundation gives
- Giving held roughly steady from 2019 to 2022 (+4%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $5K (2019) to $5K (2022). In 2022 it made 5 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Special Olympics Washington, DC | Donation | $1,200 |
| Make a Wish Foundation Los Angeles, CA | Donation | $1,000 |
| Boys & Girls Club San Pedro, CA | Donation | $1,000 |
| St Vincent Meals on Wheels Los Angeles, CA | Donation | $1,000 |
| YWCA San Pedro, CA | Donation | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $69,767 | $8,497 | — | — | — | $8,497 |
| 2022 | $56,546 | $2,032 | $5,200 | $5,200 | 5 | — |
| 2021 | $59,714 | $2,679 | $5,200 | $5,200 | 5 | — |
| 2020 | $62,235 | $3,192 | $5,200 | $5,200 | 5 | $2,393 |
| 2019 | $64,243 | $5,015 | $5,000 | $5,000 | 5 | — |
Leadership & Key People
Officers and directors from IRS filings
Banks Family Foundation is led by Fairveola Banks, President on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Fairveola Banks
President
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Banks Family Foundation
How large is Banks Family Foundation?
Banks Family Foundation reported $70K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $8K.
Where does Banks Family Foundation operate?
Banks Family Foundation has awarded grants in California, District of Columbia.
What is Banks Family Foundation's EIN?
Banks Family Foundation's EIN (Employer Identification Number) is 33-0881869. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 11, 2020)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Banks Family Foundation's focus areas in our free grants database
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