Minbanc Foundation Inc

WASHINGTON, DC EIN: 51-0386370

Minbanc Foundation Inc is a private foundation, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $3.0M in total assets. In 2021, it awarded 66 grants totaling $51K. Net investment income was $219K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$3.0M

+8.5% YoY

Annual Giving

$51K

+22.5% YoY

Grant Count

66

+312.5% YoY

Avg Grant Size

$770.348

-70.3% YoY

About Minbanc Foundation Inc

Based on IRS filings

Minbanc Foundation Inc is a private foundation, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $3.0M in total assets. In 2021, it awarded 66 grants totaling $51K. Net investment income was $219K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states
+9 more states

Cities

AlhambraAlvaBaltimoreBostonBronxCalumetChicagoColumbiaDes PlainesDetroitDoravilleDurhamEdinburgEdmondHonoluluLas VegasLos AngelesMalvernMemphisNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$77K$155K$232K$309K20202021
Metric20212020
Total Assets$3,048,325$2,808,420
Revenue$281,130$161,896
Expenses$127,690$137,009
Qualifying Distributions$107,044
Net Investment Income$218,931$75,741
Distributable Amount$142,190$119,569

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$51K16 grants202066 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

DONALD WORLEY-AITKEN$5KJILL MAPLE$3KDANIELLE SISCO$3KJOSEPH GRIFFITH$2KDAN HAGEDORN$2KINGRID NELSON$2KNICOLE RAMIREZ$1KPAIGE YOUNG$1KDAN HAGEDORN$1KJAMES SLOCUM$931

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

SARA REIDEXECUTIVE DIRECTOR$45K

From 2021 filing

NameTitleHoursCompensation
IGNACIO URRABAZOCHAIRMAN2
ROBERT COOPERBOARD MEMBER0.25
KEVIN TOOMEYBOARD MEMBER0.25
ROD J ALBATREASURER2
NICOLE ELAMBOARD MEMBER0.25
SARA REIDEXECUTIVE DIRECTOR10$45,000

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

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