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Bane Foundation is a private corporation based in SALEM, VA. The foundation received its IRS ruling in 1994. It holds total assets of $647K. Annual income is reported at $53K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Virginia and Florida. According to available records, Bane Foundation has made 118 grants totaling $148K, with a median grant of $1K. Annual giving has grown from $43K in 2021 to $105K in 2022. Individual grants have ranged from $100 to $7K, with an average award of $1K. The foundation has supported 47 unique organizations. The foundation primarily supports organizations in Virginia, Tennessee, Florida, which account for 70% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$1K
Largest Grant
$7K
Based on 34 grants from the most recent 990-PF filing.
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.
Bane Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 118 grants. Its grantmaking reaches organizations primarily in VA, TN, FL.
Bane Foundation has distributed a total of $148K across 118 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $100 to $7K.
Bane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bane Foundation is headquartered in SALEM, VA. While based in VA, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Eugene M Bane Jr | PRESIDENT/DI | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$647K
Fair Market Value
N/A
Net Worth
$647K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
118
Total Giving
$148K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
47
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL | Alexandria, VA | $1K | 2022 |
| Hope Legacy Equine RescueDONATION | Afton, VA | $7K | 2022 |
| Southern College Of OptometryDONATION | Memphis, TN | $6K | 2022 |
| Shriner'S Hospital For ChildrenDONATION | Tampa, FL | $4K | 2022 |
| Susan G Komen Breast CancerDONATION | Dallas, TX | $4K | 2022 |
| St Jude Children'S Research HospDONATION | Memphis, TN | $3K | 2022 |
| Lustgarten FoundationGENERAL | Woodbury, NY | $3K | 2022 |
| St Croix Reformed ChurchGENRAL | Kingshill, VI | $2K | 2022 |
| Rotary Paul Harris FoundationGENERAL | Dartmouth, MA | $2K | 2022 |
| Habitat For Humanity Of BrowardGENERAL | Fort Lauderdale, FL | $1K | 2022 |
| St George Village Botanical GardenDONATION | Frederiksted, VI | $1K | 2022 |
| Wintergreen Adaptive SportsGENERAL | Roselawn, VA | $1K | 2022 |
| Wintergreen Nature FoundationDONATION | Roseland, VA | $1K | 2022 |
| Wintergreen Performing ArtsGENERAL | Roselawn, VA | $1K | 2022 |
| Roanoke Symphony OrchestraDONATION | Roanoke, VA | $1K | 2022 |
| Alzheimers AssociationDONATION | Roanoke, VA | $1K | 2022 |
| Broward Outreach CenterDONATION | Hollywood, FL | $1K | 2022 |
| Broward Performing Arts FoundationDONATION | Fort Lauderdale, FL | $1K | 2022 |
| Florida Breast Cancer FoundationDONATION | Hollywood, FL | $1K | 2022 |
| Fort Lauderdale Historical SocietyDONATION | Fort Lauderdale, FL | $1K | 2022 |
| Nature Foundation At WintergreenGENERAL | Roseland, VA | $1K | 2022 |
| Salem Museum & Historical SocietyDONATION | Salem, VA | $1K | 2022 |
| Walkers Creek Presbyterian ChurchDONATION | Pearisburg, VA | $1K | 2022 |
| Salem YmcaGENERAL | Salem, VA | $1K | 2022 |
| Shannon Cemetery IncDONATION | Giles County, VA | $1K | 2022 |
| American Heart AssociationDONATION | Dallas, TX | $1K | 2022 |