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Banwell Family Foundation Inc. is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 2005. The principal officer is Ian G Banwell. It holds total assets of $4K. Annual income is reported at $5K. Total assets have decreased from $119K in 2011 to $15K in 2023. The foundation is governed by 2 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 2016 to 2023. According to available records, Banwell Family Foundation Inc. has made 6 grants totaling $360K, with a median grant of $75K. Annual giving has grown from $150K in 2021 to $210K in 2022. Individual grants have ranged from $5K to $100K, with an average award of $60K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and Virginia and 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.
Banwell Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MA, VA, DC.
Banwell Family Foundation Inc. has distributed a total of $360K across 6 grants. The median grant size is $75K, with an average of $60K. Individual grants have ranged from $5K to $100K.
Banwell Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Banwell Family Foundation Inc. is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ian G Banwell | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Caroline C Banwell | DIRECTOR, VP, SECRETARY | $0 | $0 | N/A |
Total Giving
$425
Total Assets
$15K
Fair Market Value
$15K
Net Worth
$15K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$360K
Average Grant
$60K
Median Grant
$75K
Unique Recipients
3
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Groton SchoolASSIST ORGANIZATIONWITH ITS NEEDSAND GOALS | Groton, MA | $100K | 2022 |
| EngenderhealthASSIST ORGANIZATIONWITH ITS NEEDSAND GOALS | Washington, DC | $5K | 2022 |
| Washington Lee UniversityASSIST ORGANIZATIONWITH ITS NEEDSAND GOALS | Lexington, VA | $50K | 2021 |