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Francine & Richard Bank Foundation is a private trust based in DRESHER, PA. The foundation received its IRS ruling in 1994. It holds total assets of $13K. Annual income is reported at $497. The foundation is governed by 4 officers and trustees. Tax records are available from 2016 to 2023. According to available records, Francine & Richard Bank Foundation has made 10 grants totaling $2K, with a median grant of $175. The foundation has distributed between $450 and $800 annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $800 distributed across 4 grants. Individual grants have ranged from $100 to $300, with an average award of $175. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and New York. 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.
Francine & Richard Bank Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA, NY.
Francine & Richard Bank Foundation has distributed a total of $2K across 10 grants. The median grant size is $175, with an average of $175. Individual grants have ranged from $100 to $300.
Francine & Richard Bank Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (232374806) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Francine & Richard Bank Foundation is headquartered in DRESHER, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard D Bank | TRUSTEE | $0 | $0 | N/A |
| Francine Bank | TRUSTEE | $0 | $0 | N/A |
| Cory Bank | TRUSTEE | $0 | $0 | N/A |
| Ari Bank | TRUSTEE | $0 | $0 | N/A |
Total Giving
$556
Total Assets
$13K
Fair Market Value
$13K
Net Worth
$13K
Grants Paid
$550
Contributions
N/A
Net Investment Income
$497
Distribution Amount
$622
Total Grants
10
Total Giving
$2K
Average Grant
$175
Median Grant
$175
Unique Recipients
5
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Magen David AdomGENERAL DONATION | New York, NY | $200 | 2023 |
| Lubavitch Of Montgomery CountyGENERAL DONATION | Fort Washington, PA | $200 | 2023 |
| Montgomery County SpcaGENERAL DONATION | Conshohocken, PA | $100 | 2023 |
| Morris Animal RefugeGENERAL DONATION | Philadelphia, PA | $300 | 2022 |
| Hias PennsylvaniaGENERAL DONATION | Philadelphia, PA | $200 | 2021 |