The Banks Family Foundation Inc

AVENTURA, FL EIN: 13-3799347

The Banks Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $21K. Net investment income was $48K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$115K

Annual Giving

$21K

Grant Count

1

Avg Grant Size

$21K

About The Banks Family Foundation Inc

Based on IRS filings

The Banks Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $21K. Net investment income was $48K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Various

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$28K$42K$56K20202022
Metric20222020
Total Assets$114,805$50,985
Revenue$50,584$4,997
Expenses$23,570$10,726
Qualifying Distributions$20,600
Net Investment Income$47,614
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$21K1 grants20201 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

Misc Charities$21K

Grant Size Distribution

2 grants across all recorded years

2<$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 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
Gordon BanksPresident & CEO5
Marc HanoverTreasurer

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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