Mary S Bannister Fund
Mary S Bannister Fund is a private foundation, based in Providence, RI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $566K in total assets. In 2025, it awarded 1 grant totaling $28K. Net investment income was $11K.
Mary S Bannister Fund at a glance
In short: Mary S Bannister Fund gave $28K across 1 grant in 2025 (avg $28K), mostly in Rhode Island. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $28,174
- +13710.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $28,174
- +13710.8% vs 2024
- Median grant
- $28,174
- Total assets
- $566,051
- -3.6% vs 2024
- Primary geography
- Rhode Island (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Mary S Bannister Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Town of Bristol ($28K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Mary S Bannister Fund gives
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $204 (2024) to $53K (2021). In 2025 it made 1 grant totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Bristol Bristol, RI | Support for the Bristol | $28,174 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $566,051 | $16,879 | $36,809 | $28,174 | 1 | $30,865 | $10,935 | $36,008 |
| 2024 | $587,232 | $49,223 | $5,990 | $204 | 1 | $1,199 | $44,432 | $29,940 |
| 2023 | $544,063 | $17,937 | $33,884 | $20,131 | 1 | $28,756 | $11,833 | $29,204 |
| 2022 | $560,217 | $-4,837 | $43,837 | $32,492 | 1 | $37,093 | $7,131 | $30,308 |
| 2021 | $609,041 | $79,978 | $63,559 | $53,063 | 1 | $56,659 | $73,337 | $35,118 |
| 2020 | $592,075 | $39,451 | $35,592 | $26,694 | 1 | — | $33,163 | $31,297 |
| 2019 | $588,175 | $28,284 | $12,979 | $4,300 | 1 | — | $23,883 | $29,776 |
Under IRS private-foundation payout rules, Mary S Bannister Fund reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mary S Bannister Fund's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charles E. Millard
Trustee
Co-Ttee → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Matthew D. Hayes
Trustee
Co-Ttee → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Thomas Enright
Trustee
On filings since 2024
1 hr/week
No compensation reported
Former officers (2)
- Former: Bank Of America (2019–2023) — Trustee
- Former: Roswell S. Bosworth (2019–2023) — Co-Ttee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mary S Bannister Fund
How much does Mary S Bannister Fund give each year?
Mary S Bannister Fund gave $28K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $204 across 1 grant.
How large is Mary S Bannister Fund?
Mary S Bannister Fund reported $566K in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Mary S Bannister Fund operate?
Mary S Bannister Fund has awarded grants in Rhode Island.
What is Mary S Bannister Fund's EIN?
Mary S Bannister Fund's EIN (Employer Identification Number) is 05-6105958. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 26, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
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