Emil and Stella Banich Foundation

PLYMOUTH, MI EIN: 81-4862790

Emil and Stella Banich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLYMOUTH, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $310K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+293.7% YoY

Annual Giving

$310K

-28.5% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$103K

-52.3% YoY

Under IRS private-foundation payout rules, Emil and Stella Banich Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Emil and Stella Banich Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $1.2M (99%)

Illinois $10K (1%)

States

Illinois Michigan

Cities

ChicagoDetroitPlymouthSouthfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,237,692	$568,413	$52
Revenue	$2,101,985	$1,001,714	$328,020
Expenses	$318,256	$433,353	$233,000
Qualifying Distributions	$312,525	$433,343	$233,000
Net Investment Income	$30,831	$1,684	$99,688
Distributable Amount	$23,763	$1,146	$257

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Corewell Health Foundation Se Michigan ($200,000), Dynami Foundation ($100,000), Chelis Children's Foundation ($10,000).

Recipient	Purpose	Amount
COREWELL HEALTH FOUNDATION SE MICHIGAN SOUTHFIELD, MI	BANICH FUND CENTER FOR EXCEPTIONAL FAMILIES	$200,000
DYNAMI FOUNDATION PLYMOUTH, MI	GENERAL FUND	$100,000
CHELIS CHILDREN'S FOUNDATION CHICAGO, IL	GENERAL FUND	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LAURA ROULIER	DIRECTOR	1	—
MICHAEL J FERRANTINO JR	DIRECTOR/PRESIDENT	1	—
KELLIE S FERRANTINO	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Emil and Stella Banich Foundation?

Emil and Stella Banich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLYMOUTH, MI. It holds $2.2M in total assets as of 2024.

How large is Emil and Stella Banich Foundation?

As of 2024, Emil and Stella Banich Foundation holds $2.2M in total assets with $2.1M in annual revenue. It awarded 3 grants totaling $310K in 2024.

Where does Emil and Stella Banich Foundation operate?

Emil and Stella Banich Foundation has awarded grants in Illinois, Michigan.

What size grants does Emil and Stella Banich Foundation award?

In 2024, Emil and Stella Banich Foundation awarded 3 grants totaling $310K — an average of about $103K per grant, based on its IRS Form 990 filings.

How much is Emil and Stella Banich Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Emil and Stella Banich Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Emil and Stella Banich Foundation's EIN?

Emil and Stella Banich Foundation's EIN (Employer Identification Number) is 81-4862790. IRS Form 990 filing data is available on this page for 2020–2024.