Bannon Foundation

GREENVILLE, SC EIN: 57-0833931

Bannon Foundation is a private foundation, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 10 grants totaling $192K. Net investment income was $65K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-5.3% YoY

Annual Giving

$192K

-11.5% YoY

Grant Count

10

-33.3% YoY

Avg Grant Size

$19K

+32.7% YoY

Under IRS private-foundation payout rules, Bannon Foundation reported a distributable amount of $194K for 2024 — the minimum it must pay out in qualifying distributions.

About Bannon Foundation

Based on IRS filings

Bannon Foundation is a private foundation, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 10 grants totaling $192K. Net investment income was $65K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AnnandaleClemsonColumbiaCowpensGrand ForksGreenvilleGreerMemphisMissoulaReidvilleRichmondSimpsonvilleSpartanburgTampaTaylorsWest NyackWoodruff

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$87K$173K$260K$347K20202021202220232024
Metric202420232022
Total Assets$2,719,845$2,871,375$3,064,360
Revenue$86,269$42,283$49,706
Expenses$237,940$246,432$170,661
Qualifying Distributions$217,092$231,338$141,050
Net Investment Income$65,421$44,470$20,378
Distributable Amount$194,226$175,596$182,639

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$109K$163K$217K10 grants202010 grants20217 grants202215 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CLEMSON UNIVERSITY$110KIPTAY$62KROPER MOUNTAIN SCIENCE C…$5KTHE CHILDREN'S MUSEUM OF…$5KGREENVILLE HUMANE SOCIETY$2KMISSOULA PUBLIC LIBRARY …$2KMONTANA SCIENCE FAIR$2KSAFE HARBOR$2KMAULDIN MIRACLE LEAGUE$2KHARVEST HOPE FOOD BANK$1K

Grant Size Distribution

52 grants across all recorded years

47<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Clemson University ($110,000), Iptay ($62,000), Roper Mountain Science Center Association ($5,000).

RecipientPurposeAmount
CLEMSON UNIVERSITY CLEMSON, SCEDUCATION$110,000
GREENVILLE HUMANE SOCIETY GREENVILLE, SCPUBLIC SUPPORT$2,000
IPTAY CLEMSON, SCATHLETIC SCHOLARSHIPS$62,000
ROPER MOUNTAIN SCIENCE CENTER ASSOCIATION GREENVILLE, SCPUBLIC SUPPORT$5,000
SAFE HARBOR RICHMOND, VAPUBLIC SUPPORT$1,500
THE CHILDREN'S MUSEUM OF THE UPSTATE GREENVILLE, SCPUBLIC SUPPORT$5,000
HARVEST HOPE FOOD BANK COLUMBIA, SCFOOD DISTRIBUTION$1,000
MAULDIN MIRACLE LEAGUE GREER, SCBASEBALL OPERATIONS$1,500
MISSOULA PUBLIC LIBRARY FOUNDATION MISSOULA, MTGENERAL SUPPORT$2,000
MONTANA SCIENCE FAIR MISSOULA, MTSCIENCE FAIR$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN R THOMASTRUSTEE0.5
JAMES G BANNON IIITRUSTEE0.5
KAREN V STEFFANTRUSTEE0.5

Frequently Asked Questions

How large is Bannon Foundation?

As of 2024, Bannon Foundation holds $2.7M in total assets with $86K in annual revenue. It awarded 10 grants totaling $192K in 2024.

Where does Bannon Foundation operate?

Bannon Foundation has awarded grants in Florida, Montana, North Dakota, New York, South Carolina, Tennessee, Virginia.

What size grants does Bannon Foundation award?

In 2024, Bannon Foundation awarded 10 grants totaling $192K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Bannon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bannon Foundation reported a distributable amount of $194K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bannon Foundation's EIN?

Bannon Foundation's EIN (Employer Identification Number) is 57-0833931. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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