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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. Total assets have grown from $5M in 2019 to $7.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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.
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.
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 | N/A |
| Adam J Moses | Secretary/Director | $0 | $0 | N/A |
| Amalie Moses Reichblum | VP/Treasurer/Director | $0 | $0 | N/A |
Total Giving
$194K
Total Assets
$7.2M
Fair Market Value
$5.7M
Net Worth
$7.2M
Grants Paid
$168K
Contributions
N/A
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 |