Frederick Banting Foundation Inc

RICHMOND, VA EIN: 45-1536759

Frederick Banting Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $40K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$40K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$40K

+0.0% YoY

About Frederick Banting Foundation Inc

Based on IRS filings

Frederick Banting Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $40K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CambridgeHollywoodWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$125K$188K$250K2 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Diabetes Research Instit…$40K

Grant Size Distribution

6 grants across all recorded years

4<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Diabetes Research Institute ($40,000).

RecipientPurposeAmount
Diabetes Research Institute Hollywood, FLHSCI Type 1 Diabetes Research$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Frederick L Russell JrChairmanCEO2
John E RussellVice Chairman1
Susan C RussellSecretary2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Frederick Banting Foundation Inc?

Frederick Banting Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. It holds — in total assets as of 2024.

Where does Frederick Banting Foundation Inc operate?

Frederick Banting Foundation Inc has awarded grants in District of Columbia, Florida, Massachusetts.

What size grants does Frederick Banting Foundation Inc award?

In 2024, Frederick Banting Foundation Inc awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.

What is Frederick Banting Foundation Inc's EIN?

Frederick Banting Foundation Inc's EIN (Employer Identification Number) is 45-1536759. 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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