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Banneker Foundation is a private corporation based in SILVER SPRING, MD. The foundation received its IRS ruling in 2021. The principal officer is % Rosallah Karim. It holds total assets of $569K. Annual income is reported at $153K. EDUCATIONAL SCHOLARSHIPS AND SUPPORT. According to available records, Banneker Foundation has made 16 grants totaling $113K, with a median grant of $4K. The foundation has distributed between $56K and $57K annually from 2021 to 2022. Individual grants have ranged from $1K to $23K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Maryland and Georgia and Ohio. Contributions to this foundation are tax-deductible.
EDUCATIONAL SCHOLARSHIPS AND SUPPORT
Expenses: $10K
COMMUNITY SUPPORT
Expenses: $10K
EDUCATIONAL SCHOLARSHIPS AND SUPPORT. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MD, GA, OH.
Banneker Foundation has distributed a total of $113K across 16 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $1K to $23K.
Banneker Foundation typically selects its grantees rather than accepting unsolicited proposals.
Banneker Foundation is headquartered in SILVER SPRING, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aaliyah Muhammad | VICE PRESIDENT | $0 | $0 | $0 |
| Ralp Smith | SECRETARY | $0 | $0 | $0 |
| Rosallah Karim | PRESIDENT | $0 | $0 | $0 |
Total Giving
$50K
Total Assets
$563K
Fair Market Value
$563K
Net Worth
$561K
Grants Paid
$20K
Contributions
$185K
Net Investment Income
$0
Distribution Amount
$2K
Total: $0
Total Grants
16
Total Giving
$113K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
8
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Masjid Al MuminumCOMMUNITY SUPPORT | Atlanta, GA | $12K | 2022 |
| Moorehouse CollegeSTUDENT SCHOLARSHIP | Atlanta, GA | $10K | 2022 |
| Khalilah CousettCOMMUNITY SUPPORT - FUNERAL SERVICES | Mason, OH | $5K | 2022 |
| StudyalislamcomEDUCATION | Silver Spring, MD | $1K | 2022 |
| Emergency Assistance - VariousEMERGENCY ASSISTANCE TO REFUGEES HOMELESS | Silver Spring, MD | $23K | 2021 |
| Community Support - VariousCOMMUNITY SUPPORT | Silver Spring, MD | $3K | 2021 |
| Study Al-IslamEDUCATION | Silver Spring, MD | $1K | 2021 |
| Community Welfare - VariousCOMMUNITY WELFARE AND TRAINING | Silver Spring, MD | $1K | 2021 |
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