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The Banon Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1999. The principal officer is Sid Banon. It holds total assets of $404K. Annual income is reported at $124K. Total assets have grown from $135K in 2010 to $402K in 2022. The foundation is governed by 1 officer or trustee. Direct cash contributions to charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and Florida. According to available records, The Banon Family Foundation has made 27 grants totaling $117K, with a median grant of $4K. Annual giving has grown from $17K in 2020 to $52K in 2023. Individual grants have ranged from $180 to $18K, with an average award of $4K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in New York and Florida and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$13K
Based on 3 grants from the most recent 990-PF filing.
Direct cash contributions to charitable organizations
Expenses: $17K
Direct cash contributions to charitable organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in NY, FL, NJ.
The Banon Family Foundation has distributed a total of $117K across 27 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $180 to $18K.
The Banon Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Banon Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sidney Banon | PRESIDENT | $0 | $0 | N/A |
Total Giving
$58K
Total Assets
$402K
Fair Market Value
$443K
Net Worth
$402K
Grants Paid
$52K
Contributions
$50K
Net Investment Income
$6K
Distribution Amount
$21K
Total: N/A
Total Grants
27
Total Giving
$117K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
17
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chabad Of East BocaGENERAL SUPPORT | Boca Raton, FL | $13K | 2023 |
| Congregation B'Nai IsraelGENERAL SUPPORT | New York, NY | $8K | 2023 |
| Or Haddash InstitutionGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Chabad Of East HamptonGENERAL SUPPORT | East Hampton, NY | $4K | 2023 |
| Uja Federation Of NyGENERAL SUPPORT | New York, NY | $4K | 2023 |
| Jewish National FundGENERAL SUPPORT | Rockville Centre, NY | $4K | 2023 |
| Friends Of The IdfGENERAL SUPPORT | New York, NY | $4K | 2023 |
| Chabad Of South BayGENERAL SUPPORT | Massapequa, NY | $3K | 2023 |
| American Friends Of Magen David AloGENERAL SUPPORT | New York, NY | $3K | 2023 |
| Chevrat PintoGENERAL SUPPORT | New Yorlk, NY | $2K | 2023 |
| Chabad Of South HamptonGENERAL SUPPORT | South Hampton, NY | $2K | 2023 |
| Congregation Kehilath JeshurunGENERAL SUPPORT | New York, NY | $830 | 2023 |
| Ellie Ruby FoundationGENERAL SUPPORT | Oakhurst, NJ | $371 | 2023 |
| Rofeh Cholim YerushalaGENERAL SUPPORT | Brooklyn, NY | $360 | 2023 |
| The Tikvah FundGENERAL SUPPORT | New Yirk, NY | $180 | 2023 |
| Boca Rio FndGENERAL SUPPORT | Boca Raton, FL | $1K | 2022 |
| Metzad CongGENERAL SUPPORT | Brooklyn, NY | $1K | 2022 |