Laposta-banketas Family Foundation
Laposta-banketas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $324K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-16.4% YoY
Annual Giving
$324K
+48.3% YoY
Grant Count
10
-61.5% YoY
Avg Grant Size
$32K
+285.5% YoY
Under IRS private-foundation payout rules, Laposta-banketas Family Foundation reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.
About Laposta-banketas Family Foundation
Based on IRS filings
Laposta-banketas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 10 grants totaling $324K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,776,891 | $2,124,593 | $2,055,925 |
| Revenue | $44,085 | $87,098 | $150,544 |
| Expenses | $393,851 | $276,626 | $106,098 |
| Qualifying Distributions | $324,017 | $218,507 | $83,417 |
| Net Investment Income | — | $3,563 | $26,930 |
| Distributable Amount | $115,407 | $108,161 | $102,460 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hope Project Fumc ($253,064), Weirton Chirstian Center ($59,853), Weirton Heights Memorial Baptist Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WEIRTON CHIRSTIAN CENTER WEIRTON, WV | CHILDRENS MINISTRY | $59,853 |
| DUNBAR RECREATION CENTER WEIRTON, WV | SERVING THE COMMMUNITY | $1,000 |
| BEST BUDDIES LAS VEGAS, NV | DISABLED INDIVIDUALS | $1,000 |
| AARON DAVIES MEMORIAL FUND WEIRTON, WV | SCHOLARSHIPS | $900 |
| FURRY FRIENDS JUPITER, FL | ANIMAL CARE | $1,000 |
| OLD FRIENDS CABIN CREEK GREENFIELD, NY | SAVING RACEHORSES | $1,000 |
| HANCOCK COUNTY HUMANE FOUNDATION NEW CUMBERLAND, WV | SAVING ANIMALS | $500 |
| FRITZ WILLIAMS SCHOLARSHIP FUND WEIRTON, WV | STUDENT SCHOLARSHIP | $700 |
| HOPE PROJECT FUMC WEIRTON, WV | MINISTRY | $253,064 |
| WEIRTON HEIGHTS MEMORIAL BAPTIST CHURCH WEIRTON, WV | MINISTRY | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALDINE BANKETAS | TRUSTEE | 1 | — |
| THOMAS BANKETAS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Laposta-banketas Family Foundation?
Laposta-banketas Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON, PA. It holds $1.8M in total assets as of 2024.
How large is Laposta-banketas Family Foundation?
As of 2024, Laposta-banketas Family Foundation holds $1.8M in total assets with $44K in annual revenue. It awarded 10 grants totaling $324K in 2024.
Where does Laposta-banketas Family Foundation operate?
Laposta-banketas Family Foundation has awarded grants in Florida, Kentucky, Nevada, New York, Ohio, Pennsylvania, South Carolina, Texas, West Virginia.
What size grants does Laposta-banketas Family Foundation award?
In 2024, Laposta-banketas Family Foundation awarded 10 grants totaling $324K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Laposta-banketas Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Laposta-banketas Family Foundation reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Laposta-banketas Family Foundation's EIN?
Laposta-banketas Family Foundation's EIN (Employer Identification Number) is 26-6320501. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Laposta-banketas Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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