Stanley and Rela Banks Foundation Inc
Stanley and Rela Banks Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $99K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$966K
+3.6% YoY
Annual Giving
$63K
+26.0% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$21K
-16.0% YoY
About Stanley and Rela Banks Foundation Inc
Based on IRS filings
Stanley and Rela Banks Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $966K in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $99K.
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 | $965,726 | $931,988 | $861,946 |
| Revenue | $102,415 | $56,034 | $64,703 |
| Expenses | $68,677 | $53,506 | $50,000 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $99,006 | $52,528 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Jude Children's Research Hospital ($21,000), Ronald Mcdonald House of Central and Northern New Jersey ($21,000), Appalachian Trail Conservancy ($21,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | SUPPORT EDUCATIONAL,HEALTH & OTHERPUBLIC CAUSES | $21,000 |
| RONALD MCDONALD HOUSE OF CENTRAL AND NORTHERN NEW JERSEY NEW BRUNSWICK, NJ | SUPPORT EDUCATIONAL,HEALTH & OTHERPUBLIC CAUSES | $21,000 |
| APPALACHIAN TRAIL CONSERVANCY HARPERS FERRY, WV | SUPPORT EDUCATIONAL,HEALTH & OTHERPUBLIC CAUSES | $21,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW BANKS | TRUSTEE | 1 | — |
| LEONARD J WITMAN ESQ | TRUSTEE | 1 | — |
| CATHERINE ROMANIA ESQ | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Stanley and Rela Banks Foundation Inc?
Stanley and Rela Banks Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FLORHAM PARK, NJ. It holds $966K in total assets as of 2024.
How large is Stanley and Rela Banks Foundation Inc?
As of 2024, Stanley and Rela Banks Foundation Inc holds $966K in total assets with $102K in annual revenue. It awarded 3 grants totaling $63K in 2024.
Where does Stanley and Rela Banks Foundation Inc operate?
Stanley and Rela Banks Foundation Inc has awarded grants in Colorado, New Jersey, Tennessee, West Virginia.
What size grants does Stanley and Rela Banks Foundation Inc award?
In 2024, Stanley and Rela Banks Foundation Inc awarded 3 grants totaling $63K — an average of about $21K per grant, based on its IRS Form 990 filings.
What is Stanley and Rela Banks Foundation Inc's EIN?
Stanley and Rela Banks Foundation Inc's EIN (Employer Identification Number) is 81-1499948. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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