Banyan Gate Foundation

Private foundation · Grantmaker Palm Beach, FL EIN: 45-5393468

Banyan Gate Foundation is a private foundation, based in Palm Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $46.6M in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $2.1M.

Banyan Gate Foundation at a glance

In short: Banyan Gate Foundation gave $100K across 1 grant in 2025 (avg $100K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$100,000
Grants made (2025)
1
Average grant
$100,000
Median grant
$100,000
Total assets
$46,589,527
+4.2% vs 2024
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Banyan Gate Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Brigham Women's Hospital: $100KBrigham Women's Hospital$100K

The largest 2025 recipient was Brigham Women's Hospital ($100K).

Grant Size Distribution

8 grants across all recorded years

1<$50K4$50–100K1$100–250K1$250–500K$500K–1M$1–5M1$5M+

The most common grant size was in the $50–100K range: 4 grants of 8 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BostonDurhamNaplesGreensboroNewtonCambridge

How Banyan Gate Foundation gives

  • Giving fell 98% from 2022 to 2025. Method
  • In 2025 it paid out 4% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$2M$4M$6M7 grants2020 2 grants2021 4 grants2022 1 grant2023 0 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $20K (2023) to $5.6M (2022). In 2025 it made 1 grant totaling $100K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Brigham Women's Hospital Boston, MATo Provide Support to the Women's Health Research.$100,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$46,589,527$2,252,745$374,148$100,0001$116,700$2,075,679$2,642,219
2024$44,710,930$3,750,257$146,028——$15,434$3,639,863$2,330,819
2023$41,106,701$1,562,236$161,618$20,0001$33,443$1,449,061$2,048,916
2022$39,706,083$1,371,599$5,753,057$5,563,2004$5,574,821$1,241,363$2,231,183
2021$44,087,541$18,499,827$454,512$100,0002$109,994$9,507,799$2,248,041
2020$33,939,523$17,349,052$877,767$792,1257—$10,264,634$1,549,037

Under IRS private-foundation payout rules, Banyan Gate Foundation reported a distributable amount of $2.6M for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Banyan Gate Foundation is led by Michael J. Barry, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael J. Barry

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy B. Barry

    Vice President & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about Banyan Gate Foundation

How much does Banyan Gate Foundation give each year?

Banyan Gate Foundation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is Banyan Gate Foundation?

Banyan Gate Foundation reported $46.6M in total assets on its 2025 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $2.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Banyan Gate Foundation operate?

Banyan Gate Foundation has awarded grants in Florida, Massachusetts, North Carolina.

What is Banyan Gate Foundation's EIN?

Banyan Gate Foundation's EIN (Employer Identification Number) is 45-5393468. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Banyan Gate Foundation'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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