Banner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS RANCHOS, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $663K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$663K
-0.0% YoY
Annual Giving
$28K
+40.3% YoY
Grant Count
13
+116.7% YoY
Avg Grant Size
$2K
-35.3% YoY
Under IRS private-foundation payout rules, Banner Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Banner Foundation
Based on IRS filings
Banner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS RANCHOS, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $663K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $662,563 | $662,620 | $678,758 |
| Revenue | $39,708 | $19,612 | $34,275 |
| Expenses | $39,765 | $35,750 | $63,297 |
| Qualifying Distributions | $28,050 | $23,544 | $48,967 |
| Net Investment Income | $28,107 | $7,684 | $20,033 |
| Distributable Amount | $46,905 | $43,580 | $48,025 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include All Faiths ($7,000), Great Plains Restoration Council ($5,000), The Garden's Edge ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL FAITHS ALBUQUERQUE, NM | GENERAL PURPOSE | $7,000 |
| GREAT PLAINS RESTORATION COUNCIL FORT WORTH, TX | GENERAL PURPOSE | $5,000 |
| PLANNED PARENTHOOD OF THE ROCKY MOUNTAINS ALBUQUERQUE, NM | GENERAL PURPOSE | $2,000 |
| THE GARDEN'S EDGE ALBUQUERQUE, NM | GENERAL PURPOSE | $5,000 |
| THE CATHEDRAL CHURCH OF ST JOHN ALBUQUERQUE, NM | GENERAL PURPOSE | $500 |
| SURFRIDER FOUNDATION SAN CLEMENTE, CA | GENERAL PURPOSE | $5,000 |
| SOUTHERN POVERTY LAW CENTER MONTGOMERY, AL | GENERAL PURPOSE | $50 |
| ANIMAL HUMANE NEW MEXICO ALBUQUERQUE, NM | GENERAL PURPOSE | $500 |
| EXPLORA MUSEUM ALBUQUERQUE, NM | GENERAL PURPOSE | $500 |
| HABITAT FOR HUMANITY ALBUQUERQUE, NM | GENERAL PURPOSE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CYRENE INMAN | PRESIDENT | 1 | — |
| CHARLES R BAXTER | SECRETARY | 1 | — |
| BETH ANN MCBRIDE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Banner Foundation?
Banner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS RANCHOS, NM. It holds $663K in total assets as of 2024.
How large is Banner Foundation?
As of 2024, Banner Foundation holds $663K in total assets with $40K in annual revenue. It awarded 13 grants totaling $28K in 2024.
Where does Banner Foundation operate?
Banner Foundation has awarded grants in Alabama, Arizona, California, Colorado, District of Columbia, Georgia, New Mexico, New York, Texas, Virginia.
What size grants does Banner Foundation award?
In 2024, Banner Foundation awarded 13 grants totaling $28K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Banner Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Banner Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Banner Foundation's EIN?
Banner Foundation's EIN (Employer Identification Number) is 85-0446587. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Banner Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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