Stanley and Rela Banks Foundation Inc
Stanley and Rela Banks Foundation Inc is a nonprofit organization, 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.
Stanley and Rela Banks Foundation Inc at a glance
In short: Stanley and Rela Banks Foundation Inc gave $63K across 3 grants in 2024 (avg $21K), top state Tennessee. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $63,000
- +26.0% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $21,000
- -16.0% vs 2023
- Median grant
- $21,000
- Total assets
- $965,726
- +3.6% vs 2023
- Primary geography
- Tennessee (33% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
Who Stanley and Rela Banks Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was St Jude Children's Research Hospital ($21K). Together the top 3 received $63K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $50K (2022) to $63K (2024). In 2024 it made 3 grants totaling $63K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $965,726 | $102,415 | $68,677 | $63,000 | 3 | $99,006 |
| 2023 | $931,988 | $56,034 | $53,506 | $50,000 | 2 | $52,528 |
| 2022 | $861,946 | $64,703 | $50,000 | $50,000 | 2 | — |
Leadership & Key People
Officers and directors from IRS filings
Stanley and Rela Banks Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrew Banks
Trustee
On filings since 2022
1 hr/week
No compensation reported
Catherine Romania Esq.
Trustee
On filings since 2022
1 hr/week
No compensation reported
Leonard J. Witman Esq.
Trustee
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 Stanley and Rela Banks Foundation Inc
How much does Stanley and Rela Banks Foundation Inc give each year?
Stanley and Rela Banks Foundation Inc gave $63K across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $50K across 2 grants.
What is Stanley and Rela Banks Foundation Inc's typical grant size?
Stanley and Rela Banks Foundation Inc's median grant in 2024 was $21,000, and its average grant was $21,000, across 3 grants on its 2024 IRS Form 990 filing.
Where does Stanley and Rela Banks Foundation Inc give grants?
Stanley and Rela Banks Foundation Inc's top state is Tennessee, with 33% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were New Jersey (33%) and West Virginia (33%).
Does Stanley and Rela Banks Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Stanley and Rela Banks Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Support EDUCATIONAL,HEALTH & Otherpublic Causes" (3 grants).
How large is Stanley and Rela Banks Foundation Inc?
Stanley and Rela Banks Foundation Inc reported $966K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $102K.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
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