The Banon Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $404K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$404K
+0.5% YoY
Annual Giving
$18K
-65.9% YoY
Grant Count
9
-40.0% YoY
Avg Grant Size
$2K
-43.1% YoY
Under IRS private-foundation payout rules, The Banon Family Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About The Banon Family Foundation
Based on IRS filings
The Banon Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $404K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $25K.
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 | $404,183 | $402,232 | $404,258 |
| Revenue | $25,253 | $56,361 | $238,739 |
| Expenses | $23,458 | $58,108 | $21,630 |
| Qualifying Distributions | $17,886 | $52,392 | $17,800 |
| Net Investment Income | $25,253 | $6,453 | $4,218 |
| Distributable Amount | $23,373 | $20,779 | $13,255 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Congregation B'nai Israel ($5,200), Jewish National Fund ($5,200), Scottsdale Chabad ($1,856).
| Recipient | Purpose | Amount |
|---|---|---|
| OR HADDASH INSTITUTION NEW YORK, NY | GENERAL SUPPORT | $1,800 |
| CONGREGATION B'NAI ISRAEL NEW YORK, NY | GENERAL SUPPORT | $5,200 |
| CHABAD OF EAST BOCA BOCA RATON, FL | GENERAL SUPPORT | $720 |
| CONGREGATION KEHILATH JESHURUN NEW YORK, NY | GENERAL SUPPORT | $520 |
| JEWISH NATIONAL FUND ROCKVILLE CENTRE, NY | GENERAL SUPPORT | $5,200 |
| BOCA RIO FOUNDATION BACA RATON, FL | GEN SUPPORT | $1,000 |
| MT KISCO HEBREW CONG MT CISCO, NY | GEN SUPPORT | $1,090 |
| SCOTTSDALE CHABAD SCOTTSDALE, AZ | GEN SUPPORT | $1,856 |
| UPPER EAST SIDE HATZOLAH NEW YORK, NY | GEN SUPPORT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIDNEY BANON | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Banon Family Foundation?
The Banon Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $404K in total assets as of 2024.
How large is The Banon Family Foundation?
As of 2024, The Banon Family Foundation holds $404K in total assets with $25K in annual revenue. It awarded 9 grants totaling $18K in 2024.
Where does The Banon Family Foundation operate?
The Banon Family Foundation has awarded grants in Arizona, Florida, New Jersey, New York.
What size grants does The Banon Family Foundation award?
In 2024, The Banon Family Foundation awarded 9 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Banon Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Banon Family Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Banon Family Foundation's EIN?
The Banon Family Foundation's EIN (Employer Identification Number) is 13-4035808. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Banon Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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