Robert R Banks Foundation Inc

RENO, NV EIN: 94-3221616

Robert R Banks Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in RENO, NV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 10 grants totaling $134K. Net investment income was $288K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.7M

+2.4% YoY

Annual Giving

$134K

-23.2% YoY

Grant Count

10

-9.1% YoY

Avg Grant Size

$13K

-15.5% YoY

About Robert R Banks Foundation Inc

Based on IRS filings

Robert R Banks Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in RENO, NV. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 10 grants totaling $134K. Net investment income was $288K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

GardnervilleMccarranNew Washoe CityRenoYerington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$116K$232K$348K$464K20212022202320242025
Metric202520242023
Total Assets$3,711,621$3,623,673$3,758,363
Revenue$354,820$169,769$88,318
Expenses$266,872$304,459$307,520
Qualifying Distributions$199,935$239,013$239,313
Net Investment Income$288,277$104,607$25,200
Distributable Amount$218,043$204,043$201,746

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$89K$133K$178K14 grants202112 grants202213 grants202311 grants202410 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

BOYS AND GIRLS CLUB OF T…$40KBOYS AND GIRLS CLUB OF M…$20KMEFIYI FOUNDATION$15KASSISTANCE LEAGUE OF REN…$10KBIG BROTHERS BIG SISTERS…$10KCARE CHEST OF SIERRA NEV…$10KTHE CHILDRENS' CABINET$10KTHE FIRST TEE OF NORTHER…$10KFOR KIDS FOUNDATIONS$5KCANINE REHABILITATION CE…$4K

Grant Size Distribution

60 grants across all recorded years

60<$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 2025 IRS filing

LINDA HORSEYBOARD MEMBER$16KSTEVE PETERSENPRESIDENT/SECRETARY/TREASURER$16KCHRIS MCCUNEVICE PRESIDENT$16K

From 2025 filing

NameTitleHoursCompensation
LINDA HORSEYBOARD MEMBER5$15,500
STEVE PETERSENPRESIDENT/SECRETARY/TREASURER5$15,500
CHRIS MCCUNEVICE PRESIDENT5$15,500

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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