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Henry Bane Memorial Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2006. The principal officer is Wachovia Bank National Associatio. It holds total assets of $1.5M. Annual income is reported at $708K. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Henry Bane Memorial Foundation has made 2 grants totaling $180K, with a median grant of $90K. The foundation has distributed between $82K and $98K annually from 2020 to 2022. Individual grants have ranged from $82K to $98K, with an average award of $90K. Grant recipients are concentrated in North Carolina. 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.
Henry Bane Memorial Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NC.
Henry Bane Memorial Foundation has distributed a total of $180K across 2 grants. The median grant size is $90K, with an average of $90K. Individual grants have ranged from $82K to $98K.
Henry Bane Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Henry Bane Memorial Foundation is headquartered in SAINT LOUIS, MO.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $24K | $0 | $24K |
Total Giving
$114K
Total Assets
$1.6M
Fair Market Value
$1.8M
Net Worth
$1.6M
Grants Paid
$88K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$86K
Total: N/A
Total Grants
2
Total Giving
$180K
Average Grant
$90K
Median Grant
$90K
Unique Recipients
1
Most Common Grant
$98K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityGENERAL SUPPORT GRANT | Durham, NC | $98K | 2022 |