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Banyan Tree Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2016. The principal officer is Deena Patriarca. It holds total assets of $49K. Annual income is reported at $805K. Total assets have grown from $20K in 2019 to $33K in 2023. The foundation is governed by 4 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 2017 to 2023. According to available records, Banyan Tree Foundation has made 5 grants totaling $2.4M, with a median grant of $543K. Annual giving has grown from $438K in 2020 to $576K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 2 grants. Individual grants have ranged from $338K to $576K, with an average award of $488K. The foundation has supported 2 unique organizations. 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.
Banyan Tree Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in DC.
Banyan Tree Foundation has distributed a total of $2.4M across 5 grants. The median grant size is $543K, with an average of $488K. Individual grants have ranged from $338K to $576K.
Banyan Tree Foundation typically selects its grantees rather than accepting unsolicited proposals.
Banyan Tree Foundation is headquartered in WASHINGTON, DC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deena Patriarca | ASST. SECRETARY/TREASURER | $0 | $0 | N/A |
| Joanne Leedom-Ackerman | PRESIDENT | $0 | $0 | N/A |
| Carolyn Stremlau | DIRECTOR | $0 | $0 | N/A |
| Nathanael Ackerman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$708K
Total Assets
$33K
Fair Market Value
$33K
Net Worth
$22K
Grants Paid
$576K
Contributions
$710K
Net Investment Income
N/A
Distribution Amount
$911
Total Grants
5
Total Giving
$2.4M
Average Grant
$488K
Median Grant
$543K
Unique Recipients
2
Most Common Grant
$543K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementSEE ATTACHED STATEMENT | Washington, DC | $576K | 2023 |
| See Attched StatementSEE ATTACHED STATEMENT | Washington, DC | $543K | 2022 |