Banyan Investment Corporation
Banyan Investment Corporation exists for the purpose of supporting Banyan Foundation, DBA Banyan Community, to meet its mission.
Banyan Investment Corporation at a glance
In short: Banyan Investment Corporation gave $1.0M across 1 grant in 2023 (avg $1.0M), mostly in Minnesota. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $1,039,361
- -78.1% vs 2022
- Grants made (2023)
- 1
- +0.0% vs 2022
- Average grant
- $1,039,361
- -78.1% vs 2022
- Median grant
- $1,039,361
- Primary geography
- Minnesota (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated September 2026.
Who Banyan Investment Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Banyan Foundation ($1.0M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How Banyan Investment Corporation gives
- Giving grew 2100% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $47K (2020) to $4.7M (2022). In 2023 it made 1 grant totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Banyan Foundation Minneapolis, MN | Contributed to The Banyan Foundation due to dissolution of organization | $1,039,361 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | — | $579 | $1,039,728 | $1,039,361 | 1 | $579 |
| 2022 | $1,036,069 | $51,231 | $4,750,848 | $4,741,288 | 1 | $51,231 |
| 2021 | $5,782,625 | $53,191 | $4,990 | — | — | $53,191 |
| 2020 | $5,711,986 | $51,140 | $48,214 | $47,234 | 1 | $51,140 |
About Banyan Investment Corporation
Based on IRS filings
Banyan Investment Corporation is a public charity, based in Minneapolis, MN. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $1.0M. Net investment income was $579.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Banyan Investment Corporation is led by Carl Schlueter, President on every filing since 2022; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Carl Schlueter
President
On filings since 2022
1 hr/week
No compensation reported
Greg Good
Chair
Director & Cha → Chair, 2021
On filings since 2020
1 hr/week
No compensation reported
Kyle Didier
Treasurer & Secretary
Director & Secretary → Treasurer & Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Dan Olthoff (2021–2022) — Interim President
- Former: Joani Essenburg (2020–2021) — President - Former
Data from IRS Form 990 filings, 2020–2023. "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 Investment Corporation
How much does Banyan Investment Corporation give each year?
Banyan Investment Corporation gave $1.0M across 1 grant in 2023, according to its 2023 IRS Form 990. In 2022 it gave $4.7M across 1 grant.
Where does Banyan Investment Corporation operate?
Banyan Investment Corporation has awarded grants in Minnesota.
What is Banyan Investment Corporation's EIN?
Banyan Investment Corporation's EIN (Employer Identification Number) is 47-5245046. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 23, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 13, 2024)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Banyan Investment Corporation's focus areas in our free grants database
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