Martha W Banker Charitable Trust

NASHVILLE, TN EIN: 62-6288471

Martha W Banker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 29 grants totaling $48K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$378K

-5.4% YoY

Annual Giving

$48K

+37.2% YoY

Grant Count

29

+16.0% YoY

Avg Grant Size

$2K

+18.3% YoY

Under IRS private-foundation payout rules, Martha W Banker Charitable Trust reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

About Martha W Banker Charitable Trust

Based on IRS filings

Martha W Banker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 29 grants totaling $48K. Net investment income was $28K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

ArlingtonAtlantaBowling GreenCharlotteDicksonFrankfortFranklinHagerstownIrvingKnoxvilleLexingtonMurfreesboroNashvillePulaskiStaten IslandTampaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$41K$82K$124K$165K20202021202220232024
Metric202420232022
Total Assets$378,408$399,812$423,581
Revenue$35,049$22,417$149,908
Expenses$56,453$46,186$52,126
Qualifying Distributions$50,000$37,050$46,675
Net Investment Income$27,729$16,191$144,457
Distributable Amount$46,391$43,341$42,059

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K12 grants202022 grants202129 grants202225 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NASHVILLE HEALTH$8KTHE LEGION FUND$8KHARDING ACADEMY$4KTHE DISCOVERY SCHOOL$3KHOPE THROUGH HEALING HANDS$2KMTSU (DANIELS CENTER)$2KNASHVILLE SYMPHONY$2KSWAN BALL$2KCUMBERLAND RIVER COMPACT$2KINSTITUTE FOR SAFER TRUC…$2K

Grant Size Distribution

117 grants across all recorded years

117<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nashville Health ($8,000), The Legion Fund ($8,000), Harding Academy ($3,500).

RecipientPurposeAmount
BELMONT UNIVERSITY NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$750
CENTER FOR LIVING AND LEARNING NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$500
CHIEF CARES FUND NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$1,000
CHRIST CHURCH CATHEDRAL NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$1,000
CHRIST THE KING CATHEDRAL LEXINGTON, KYGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$250
CUMBERLAND HEIGHTS NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$500
CUMBERLAND RIVER COMPACT NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$1,500
FANNIE BATTLE DAY HOME FOR CHILDREN INC NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$1,000
FRIENDS OF WARNER PARK NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$1,000
HARDING ACADEMY NASHVILLE, TNGENERAL OPERATING EXPENSE TO FURTHER CHARITABLE PURPOSE$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
J BARRY BANKERTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Martha W Banker Charitable Trust?

Martha W Banker Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NASHVILLE, TN. It holds $378K in total assets as of 2024.

How large is Martha W Banker Charitable Trust?

As of 2024, Martha W Banker Charitable Trust holds $378K in total assets with $35K in annual revenue. It awarded 29 grants totaling $48K in 2024.

Where does Martha W Banker Charitable Trust operate?

Martha W Banker Charitable Trust has awarded grants in District of Columbia, Florida, Georgia, Kentucky, Maryland, North Carolina, New York, Tennessee, Texas, Virginia.

What size grants does Martha W Banker Charitable Trust award?

In 2024, Martha W Banker Charitable Trust awarded 29 grants totaling $48K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Martha W Banker Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Martha W Banker Charitable Trust reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Martha W Banker Charitable Trust's EIN?

Martha W Banker Charitable Trust's EIN (Employer Identification Number) is 62-6288471. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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