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The Banks Scholarship Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2017. The principal officer is Hope Walsh. It holds total assets of $1.6M. Annual income is reported at $763K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. According to available records, The Banks Scholarship Trust has made 137 grants totaling $335K, with a median grant of $1K. The foundation has distributed between $95K and $128K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $128K distributed across 74 grants. Individual grants have ranged from $1K to $112K, with an average award of $2K. The foundation has supported 101 unique organizations. The foundation primarily supports organizations in Georgia, North Carolina, Alabama, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. 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.
The Banks Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 137 grants. Its grantmaking reaches organizations primarily in GA, NC, AL.
The Banks Scholarship Trust has distributed a total of $335K across 137 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $1K to $112K.
The application deadline is MARCH 25. See website. An application form is available on the foundation's website.
The Banks Scholarship Trust is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $28K | $0 | $28K |
| Bob Harris | COMMITTEE CHAIR | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$1.5M
Fair Market Value
$2M
Net Worth
$1.5M
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$99K
Distribution Amount
$94K
Total: $364K
Total Grants
137
Total Giving
$335K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
101
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Middle Georgia St Univ FboSCHOLARSHIP | Macon, GA | $3K | 2023 |
| Univ Of Georgia Fbo Gabriella MillerSCHOLARSHIP | Athens, GA | $3K | 2023 |
| Augusta Univ Fbo Taylor BuffingtonSCHOLARSHIP | Augusta, GA | $3K | 2023 |
| Kennesaw St Univ Fbo Bryce LynchSCHOLARSHIP | Kennesaw, GA | $3K | 2023 |
| Univ Of Georgia Fbo Allison SpenceSCHOLARSHIP | Athens, GA | $3K | 2023 |
| Gordon St College FboSCHOLARSHIP | Barnesville, GA | $3K | 2023 |
| Mercer Univ Fbo Gabriel ImlaySCHOLARSHIP | Macon, GA | $3K | 2023 |
| Georgia Southern Univ FboSCHOLARSHIP | Statesboro, GA | $3K | 2023 |
| Gordon St College Fbo Zoe RiversSCHOLARSHIP | Barnesville, GA | $3K | 2023 |
| Georgia Institute Of Tech FboSCHOLARSHIP | Atlanta, GA | $3K | 2023 |
| Univ Of Georgia Fbo Emily MatthewsSCHOLARSHIP | Athens, GA | $3K | 2023 |
| Univ Of Georgia Fbo Kayla MatthewsSCHOLARSHIP | Athens, GA | $3K | 2023 |
| Univ Of Georgia Fbo Ava BaltzSCHOLARSHIP | Athens, GA | $2K | 2023 |
| Clemson Univ Fbo Grace HillerSCHOLARSHIP | Clemson, SC | $1K | 2023 |
| Mercer Univ Fbo Abby HodgesSCHOLARSHIP | Macon, GA | $1K | 2023 |
| Univ Of North Georgia FboSCHOLARSHIP | Dahlonega, GA | $1K | 2023 |
| Augusta Univ Fbo Trinity JohnsonSCHOLARSHIP | Augusta, GA | $1K | 2023 |
| Berry College Fbo Marcelene LeverettSCHOLARSHIP | Mount Berry, GA | $1K | 2023 |
| Andrew College Fbo Colton McdonaldSCHOLARSHIP | Cuthbert, GA | $1K | 2023 |
| Univ Of Alabama Fbo Ava MckallipSCHOLARSHIP | Tuscaloosa, AL | $1K | 2023 |
| Univ Of North Georgia Fbo Emily AdamsSCHOLARSHIP | Dahlonega, GA | $1K | 2023 |
| Samd Univ Fbo Kaylee MooreSCHOLARSHIP | Birmingham, AL | $1K | 2023 |
| Univ Of Georgia Fbo Chloe MyersSCHOLARSHIP | Athens, GA | $1K | 2023 |
| Georgia Southern Univ Fbo Julia RaineySCHOLARSHIP | Statesboro, GA | $1K | 2023 |
| Shorter Univ Fbo Jacob MooreSCHOLARSHIP | Rome, GA | $1K | 2023 |
| Univ Of West Georgia Fbo Katelyn AdamsSCHOLARSHIP | Carrollton, GA | $1K | 2023 |
| Samd Univ Fbo Madelyn BaltzSCHOLARSHIP | Birmingham, AL | $1K | 2023 |
| Gordon St College Fbo Thomas BrooksSCHOLARSHIP | Barnesville, GA | $1K | 2023 |
| Mercer Univ Fbo Madelyn CauseySCHOLARSHIP | Macon, GA | $1K | 2023 |
| Univ Of Georgia Fbo Marlee CoffmanSCHOLARSHIP | Athens, GA | $1K | 2023 |
| Augusta Univ Fbo Abigail DavisSCHOLARSHIP | Augusta, GA | $1K | 2023 |
| Georgia College And St Univ FboSCHOLARSHIP | Milledgeville, GA | $1K | 2023 |
| Univ Of Georgia Fbo James GibbsSCHOLARSHIP | Athens, GA | $1K | 2023 |
| Univ Of Georgia Fbo Drew GrantSCHOLARSHIP | Athens, GA | $1K | 2023 |
| Univ Of North Georgia Fbo Alyssa GreenSCHOLARSHIP | Dahlonega, GA | $1K | 2023 |
| Mercer Univ Fbo Matthew HendersonSCHOLARSHIP | Macon, GA | $1K | 2023 |
| Kennesaw St Univ Fbo John HesterSCHOLARSHIP | Kennesaw, GA | $1K | 2023 |
| Univ Of Georgia Fbo Logan HickmanSCHOLARSHIP | Athens, GA | $1K | 2023 |
| Univ Of North Georgia Fbo Riley HillSCHOLARSHIP | Dahlonega, GA | $1K | 2023 |
| Gordon St College Fbo Katelyn ShipmanSCHOLARSHIP | Barnesville, GA | $1K | 2023 |
| Georgia Southern Univ Fbo Maleah SmithSCHOLARSHIP | Statesboro, GA | $1K | 2023 |
| Univ Of Georgia Fbo Austin StarrSCHOLARSHIP | Athens, GA | $1K | 2023 |