The Banks Family Foundation Inc
The Banks Family Foundation Inc is a private foundation, based in Aventura, FL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $115K in total assets. In 2022, it awarded 1 grant totaling $21K. Net investment income was $48K.
The Banks Family Foundation Inc at a glance
In short: The Banks Family Foundation Inc gave $21K across 1 grant in 2022 (avg $21K), mostly in Florida. Source: 2022 IRS Form 990-PF.
- Annual giving (2022)
- $20,600
- Grants made (2022)
- 1
- Average grant
- $20,600
- Median grant
- $20,600
- Total assets
- $114,805
- Primary geography
- Florida (100% of itemized 2022 grant dollars)
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who The Banks Family Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2022 grant dollars on its one itemized grant.
States
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $5K (2020) to $21K (2022). In 2022 it made 1 grant totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Misc Charities Various, FL | Support Charitable Purpose | $20,600 |
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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 |
|---|---|---|---|---|---|---|---|
| 2022 | $114,805 | $50,584 | $23,570 | $20,600 | 1 | $20,600 | $47,614 |
| 2020 | $50,985 | $4,997 | $10,726 | $5,440 | 1 | — | — |
Leadership & Key People
Officers and directors from IRS filings
The Banks Family Foundation Inc is led by Gordon Banks, President & CEO since 2022 (on filings since 2020); none of the 2 officers listed in 2022 report compensation.
Officers on the 2022 filing
Gordon Banks
President & CEO
Vice President → President & CEO, 2022
On filings since 2020
5 hrs/week
$3K (2020) → $0 (2022)
Marc Hanover
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Janice Banks (2020) — President
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $3K, to Gordon Banks (Vice President).
Frequently asked questions about The Banks Family Foundation Inc
How much does The Banks Family Foundation Inc give each year?
The Banks Family Foundation Inc gave $21K across 1 grant in 2022, according to its 2022 IRS Form 990-PF.
How large is The Banks Family Foundation Inc?
The Banks Family Foundation Inc reported $115K in total assets on its 2022 IRS Form 990-PF. Its revenue that year was $51K.
Where does The Banks Family Foundation Inc operate?
The Banks Family Foundation Inc has awarded grants in Florida.
What is The Banks Family Foundation Inc's EIN?
The Banks Family Foundation Inc's EIN (Employer Identification Number) is 13-3799347. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Explore Open Grants
Browse active grant opportunities in The Banks Family Foundation Inc's focus areas in our free grants database
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