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Banas Foundation is a private corporation based in HADLEY, MA. The foundation received its IRS ruling in 2022. It holds total assets of $160K. Annual income is reported at $1K. Total assets have grown from $95K in 2021 to $170K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Banas Foundation has made 13 grants totaling $5K, with a median grant of $250. Annual giving has grown from $812 in 2022 to $4K in 2023. Individual grants have ranged from $150 to $874, with an average award of $365.538. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Massachusetts and Vermont. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Banas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in MA, VT.
Banas Foundation has distributed a total of $5K across 13 grants. The median grant size is $250, with an average of $365.538. Individual grants have ranged from $150 to $874.
Banas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Banas Foundation is headquartered in HADLEY, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brent Banas | PRESIDENT /DIRECTOR | $0 | $0 | N/A |
| Garrison Banas | TREASURER/ DIRECTOR | $0 | $0 | N/A |
| Briana Banas | CLERK/DIRECTOR | $0 | $0 | N/A |
| Kathy Banas | DIRECTOR | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$170K
Fair Market Value
$179K
Net Worth
$170K
Grants Paid
$4K
Contributions
$15K
Net Investment Income
$1K
Distribution Amount
$7K
Total: $157K
Total Grants
13
Total Giving
$5K
Average Grant
$365.538
Median Grant
$250
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners HospitalTO SUPPORT CHILDREN WITH BONE DEFICIENCY. | Springfield, MA | $150 | 2023 |
| Baystate Medical PracticesPAID TO BAYSTATE MRI & IMAGING CENTER ON BEHALF OF SAMANTHA KEITH. | Boston, MA | $874 | 2023 |
| Boston Children'S Physicians OrganizationBOSTON CHILDREN'S PHYSICIANS ORGANIZATION ON BEHALF OF BRENTLY CLOUTIER. | Woburn, MA | $700 | 2023 |
| Massee Heating And CoolingMASSEE HEATING AND COOLING ON BEHALF OF BRENTLY CLOUTIER. | Granby, MA | $537 | 2023 |
| Cancer ConnectionCANCER CONNECTION FOR SUPPORT FOR THOSE WITH CANCER. | Northampton, MA | $500 | 2023 |
| Saint Michael'S College Student Financial ServicesSAINT MICHAEL'S COLLEGE ON BEHALF OF FELICIA FIL. | Colchester, VT | $500 | 2023 |
| Clarke School For The DeafCLARKE SCHOOL FOR THE DEAF ON BEHALF BRENTLY CLOUTIER. | Andover, MA | $326 | 2023 |
| Hospice Of Fisher HouseTO HELP PEOPLE THAT HAVE LESS THAN SIX MONTHS TO LIVE. | Amherst, MA | $150 | 2023 |