Banto Center for Innovation and Entrepreneurship Inc

BROADVIEW HEIGHTS, OH EIN: 83-2416926

Banto Center for Innovation and Entrepreneurship Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROADVIEW HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 7 grants totaling $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

-49.2% YoY

Annual Giving

$13K

+104.3% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$2K

-41.6% YoY

About Banto Center for Innovation and Entrepreneurship Inc

Based on IRS filings

Banto Center for Innovation and Entrepreneurship Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROADVIEW HEIGHTS, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 7 grants totaling $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

BedfordBrecksvilleBroadview HtsChicagoClevelandColumbusSouth Euclid

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$9K$14K$19K20202021202220232024
Metric202420232022
Total Assets$2,721$5,354$6,900
Revenue$12,100$5,000$10,100
Expenses$14,733$6,546$3,718
Qualifying Distributions$13,153$6,438$3,574
Net Investment Income
Distributable Amount$12$30

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$12K$16K2 grants20204 grants20212 grants20222 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Bethany Hungarian Baptis…$6KCuyahoga Valley Church$4KCity Club of Cleveland$2KSignal Cleveland$538Hungarian Media Foundation$400Moody Bible Institute$365Cleveland Museom of Art$250

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$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 Bethany Hungarian Baptist Church ($6,000), Cuyahoga Valley Church ($3,600), City Club of Cleveland ($2,000).

RecipientPurposeAmount
Bethany Hungarian Baptist Church Cleveland, OHGeneral Fund$6,000
Cuyahoga Valley Church Broadview Hts, OHGeneral Fund$3,600
City Club of Cleveland Cleveland, OHGeneral Fund$2,000
Moody Bible Institute Chicago, ILGeneral Fund$365
Signal Cleveland Columbus, OHGeneral Fund$538
Hungarian Media Foundation Brecksville, OHGeneral Fund$400
Cleveland Museom of Art Cleveland, OHGeneral Fund$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Borbala BantoPresident1
Attila BantoVice-President1
Laszlo SzilagyiTrustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Banto Center for Innovation and Entrepreneurship Inc?

Banto Center for Innovation and Entrepreneurship Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROADVIEW HEIGHTS, OH. It holds $3K in total assets as of 2024.

How large is Banto Center for Innovation and Entrepreneurship Inc?

As of 2024, Banto Center for Innovation and Entrepreneurship Inc holds $3K in total assets with $12K in annual revenue. It awarded 7 grants totaling $13K in 2024.

Where does Banto Center for Innovation and Entrepreneurship Inc operate?

Banto Center for Innovation and Entrepreneurship Inc has awarded grants in Illinois, Ohio.

What size grants does Banto Center for Innovation and Entrepreneurship Inc award?

In 2024, Banto Center for Innovation and Entrepreneurship Inc awarded 7 grants totaling $13K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Banto Center for Innovation and Entrepreneurship Inc's EIN?

Banto Center for Innovation and Entrepreneurship Inc's EIN (Employer Identification Number) is 83-2416926. 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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