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EIN 51-0386370

Minbanc Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Washington
State
District of Columbia
Year formed
1999
Most recent tax filings
2021-12-01
NTEE code, primary
T20: Private Foundations
Description
To provide educational grants for training in all areas of banking and financial services for management and officer level employees of the nation's minority and female-owned banks. Educational grants for the employees of minority and women owned banks.
Total revenues
$281,130
2021
Total expenses
$127,690
2021
Total assets
$3,048,325
2021
Num. employees
0
2021

Program areas at Minbanc Foundation

Provided educational grants for training to the employees of minority and female-owned banks.
Provided grant for training to the employees of minority and female-owned banks.

Personnel at Minbanc Foundation

NameTitleCompensation
Sara ReidExecutive Director$45,000
Laura E FrielPast Former - Executive Director$11,250
Ignacio UrrabazoChairman$0

Financials for Minbanc Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$50,000
Investment income and dividends$48,458
Net rental income$0
Net gain from sale of non-inventory assets$182,672
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$281,130

Form 990s for Minbanc Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-06-15990PFView PDF
2018-122020-01-22990PFView PDF
2017-122019-02-21990PFView PDF
...and 9 more Form 990s

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Data update history
July 8, 2023
Updated personnel
Identified 1 new personnel
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 26, 2021
Updated personnel
Identified 2 new personnel
June 25, 2020
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employees
General information
Address
1513 P St NW
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
minbanc.org/ 
Phone
(202) 246-9557
IRS details
EIN
51-0386370
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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