Joe and Virginia Banks Memorial Trust
TRUST WITH CHARITABLE BENEFICIARY
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$950K
+10.6% YoY
Annual Giving
$49K
+213.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$49K
+213.4% YoY
About Joe and Virginia Banks Memorial Trust
Based on IRS filings
Joe and Virginia Banks Memorial Trust is a nonprofit organization, based in ARDMORE, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $950K in total assets. In 2024, it awarded 1 grants totaling $49K. Net investment income was $35K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $949,827 | $858,550 | $822,142 |
| Revenue | $72,617 | $27,999 | $30,767 |
| Expenses | $60,285 | $27,543 | $13,091 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $34,540 | $18,367 | $10,622 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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