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Banneker Bound Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2022. The principal officer is % Amalie Moses Reichblum. It holds total assets of $7.3M. Annual income is reported at $835K. The foundation operates in the area of education. According to available records, Banneker Bound Foundation has made 3 grants totaling $1.1M, with a median grant of $477K. Annual giving has decreased from $954K in 2022 to $168K in 2023. Individual grants have ranged from $168K to $477K, with an average award of $374K. Grant recipients are concentrated in District of Columbia. Contributions to this foundation are tax-deductible.
Banneker Bound Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in DC.
Banneker Bound Foundation has distributed a total of $1.1M across 3 grants. The median grant size is $477K, with an average of $374K. Individual grants have ranged from $168K to $477K.
Banneker Bound Foundation typically selects its grantees rather than accepting unsolicited proposals.
Banneker Bound Foundation is headquartered in WASHINGTON, DC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alfred H Moses | President/Director | $0 | $0 | $0 |
| Adam J Moses | Secretary/Director | $0 | $0 | $0 |
| Amalie Moses Reichblum | VP/Treasurer/Director | $0 | $0 | $0 |
Total Giving
$194K
Total Assets
$7.2M
Fair Market Value
$5.7M
Net Worth
$7.2M
Grants Paid
$168K
Contributions
$0
Net Investment Income
$803K
Distribution Amount
$218K
Total: $5M
Total Grants
3
Total Giving
$1.1M
Average Grant
$374K
Median Grant
$477K
Unique Recipients
1
Most Common Grant
$477K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dc Public Education FundGENERAL FUND | Washington, DC | $168K | 2023 |
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