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Banyan Gate Foundation is a private corporation based in NAPLES, FL. The foundation received its IRS ruling in 2014. The principal officer is % Michael J Barry. It holds total assets of $44.7M. Annual income is reported at $42.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Banyan Gate Foundation has made 16 grants totaling $11.9M, with a median grant of $80K. Annual giving has decreased from $792K in 2020 to $20K in 2023. Grantmaking activity was highest in 2022 with $11.1M distributed across 8 grants. Individual grants have ranged from $7K to $5M, with an average award of $746K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in North Carolina and Massachusetts and Florida. Contributions to this foundation are tax-deductible.
Banyan Gate Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NC, MA, FL.
Banyan Gate Foundation has distributed a total of $11.9M across 16 grants. The median grant size is $80K, with an average of $746K. Individual grants have ranged from $7K to $5M.
Banyan Gate Foundation typically selects its grantees rather than accepting unsolicited proposals.
Banyan Gate Foundation is headquartered in NAPLES, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Barry | PRESIDENT | $0 | $0 | $0 |
| Amy B Barry | VICE PRESIDENT/SECRETARY | $0 | $0 | $0 |
Total Giving
$162K
Total Assets
$41.1M
Fair Market Value
$45.2M
Net Worth
$41.1M
Grants Paid
$20K
Contributions
$0
Net Investment Income
$1.4M
Distribution Amount
$2M
Total: $39.4M
Total Grants
16
Total Giving
$11.9M
Average Grant
$746K
Median Grant
$80K
Unique Recipients
10
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Business SchoolNITIN NOHRIA GIFT | Boston, MA | $250K | 2020 |
| Duke UniversityDUKE UNIVERSITY TRACK AND FIELD EQUIPMENT | Durham, NC | $20K | 2023 |
| Hearts With HandsSUPPORT GENERAL OPERATIONS | Greensboro, NC | $50K | 2022 |
| Nch Healthcare SystemNCH EMERGENCY RESPONSE | Naples, FL | $50K | 2022 |
| Boston Children'S HospitalTO PROVIDE FUNDING TO BOSTON CHILDREN'S HOSPITAL FOR PEDIATRIC RESEARCH. |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2016 | 990PF | View |
| Boston, MA |
| $250K |
| 2020 |
| Brigham And Women'S HospitalEMERGENCY RELIEF FUND | Boston, MA | $100K | 2020 |
| Massachusetts General HospitalEMERGENCY RELIEF FUND | Boston, MA | $100K | 2020 |
| Naples United Church Of ChristTO PROVIDE SUPPORT TO NAPLES UCC. | Naples, FL | $60K | 2020 |
| Newton-Wellesley HospitalNWH COVID-19 FUND | Newton, MA | $25K | 2020 |
| Harvard Stem Cell InstituteBARRY FAMILY HSCI PRIZE | Cambridge, MA | $7K | 2020 |
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