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Also known as: Suzanne D Banks Trustee
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Dion Banks Foundation is a private trust based in KEY WEST, FL. The foundation received its IRS ruling in 2016. The principal officer is Paul Rampell. It holds total assets of $4.5M. Annual income is reported at $695K. 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 2017 to 2023. The foundation primarily funds organizations in Florida, Massachusetts and District of Columbia. According to available records, Dion Banks Foundation has made 40 grants totaling $888K, with a median grant of $10K. The foundation has distributed between $229K and $417K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $417K distributed across 20 grants. Individual grants have ranged from $300 to $130K, with an average award of $22K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, Georgia, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$10K
Average Grant
$29K
Largest Grant
$130K
Based on 8 grants from the most recent 990-PF filing.
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.
Dion Banks Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in FL, MA, GA.
Dion Banks Foundation has distributed a total of $888K across 40 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $300 to $130K.
Dion Banks Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is Submission deadlines are not required.. Furnish a periodic accounting to show that funds were expended for the purposes which were approved.
Dion Banks Foundation is headquartered in KEY WEST, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Rampell | Trustee | $0 | $0 | N/A |
| Suzanne Banks | Trustee | $0 | $0 | N/A |
Total Giving
$312K
Total Assets
$4.5M
Fair Market Value
$6.4M
Net Worth
$4.1M
Grants Paid
$242K
Contributions
$50K
Net Investment Income
$71K
Distribution Amount
$291K
Total: $4.1M
Total Grants
40
Total Giving
$888K
Average Grant
$22K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sos FoundationGeneral Operating | Key West, FL | $40K | 2023 |
| Honor Flight South Florida IncGeneral Operating | Plantation, FL | $50K | 2023 |
| Autism Society Of The KeysGrant | Tavernier, FL | $25K | 2023 |
| Samuel'S House IncGeneral Operating | Key West, FL | $25K | 2023 |
| Archdiocese Of MiamiGeneral Operating | Miami Shores, FL | $25K | 2023 |
| Habitat For HumanityAffordable Housing | Key West, FL | $20K | 2023 |
| Florida Petroleum Marketers Scholarship Fund IncScholarships | Tallahassee, FL | $15K | 2023 |
| Va Services Of North AdamsUnderserved veteran services | N Adams, MA | $12K | 2023 |
| Children'S Healthcare Of AtlantaGeneral Operating | Atlanta, GA | $10K | 2023 |
| Key West Botanical Society IncHybrid Living Lab | Keyt West, FL | $8K | 2023 |
| Wesley House Family ServicesGrant | Key West, FL | $7K | 2023 |
| WomankindUltrasound Grant | Key West, FL | $5K | 2023 |
| Basilica School St Mary Star Of The SeaEducation | Key West, FL | $75K | 2022 |
| Star Of The Sea FoundationFood Kitchen | Key West, FL | $58K | 2022 |
| Cancer Foundation Of The Florida KeysCancer patients | Key West, FL | $10K | 2020 |
| Exponent Philanthropyunrestricted | Washington, DC | $300 | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL