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EIN 01-0758677

The William and Karin Banks Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Bethesda
State
Maryland
Year formed
2003
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The William and Karin Banks Foundation is a private foundation in Bethesda, MD, which was founded in 2003 and most recently had $608,671 in revenue and no employees.
Total revenues
$608,671
2023
Total expenses
$366,554
2023
Total assets
$6,497,749
2023
Num. employees
0
2023

Grants made by The William and Karin Banks Foundation

GranteeGrant descriptionAmount
Loudoun Club 12Foundation Donation$40,000
DC Rape Crisis Center (DCRCC)Foundation Donation$20,000
Safe Harbor / Cathy EasterFoundation Donation$20,000
...and 24 more grants made totalling $211,500

Personnel at The William and Karin Banks Foundation

NameTitleCompensation
Karin BanksVice President$0

Financials for The William and Karin Banks Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$252,029
Net rental income$0
Net gain from sale of non-inventory assets$356,642
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$608,671

Form 990s for The William and Karin Banks Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-01990PFView PDF
2022-122023-03-09990PFView PDF
2021-122022-03-03990PFView PDF
2020-122021-06-23990PFView PDF
2019-122020-10-01990PRView PDF
...and 8 more Form 990s

Organizations like The William and Karin Banks Foundation

OrganizationLocationRevenue
Van Elslander Family FoundationBirmingham, MI$1,100,885
The Notsew Orm Sands FoundationHouston, TX$1,421,170
The Ronald and Maxine Linde FoundationParadise Valley, AZ$2,864,372
Hyman and Ann Arbesfeld FoundationKew Gardens, NY$1,768,584
FimfNew York, NY$1,673,323
ZiizNew York, NY$2,624,363
HLMHNew York, NY$1,634,213
The Daniel and Estrellita Brodsky Family FoundationNew York, NY$2,000,090
The Jonathan and Esther B Rosenberg FoundationEdison, NJ$2,021,165
Bonnie and John Jackson FoundationMeridian, ID$1,058,470
Data update history
June 18, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 2, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 2 new personnel
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
January 11, 2021
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
6500 Rock Spring Dr 200
Bethesda, MD 20817
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Phone
(301) 571-1900
IRS details
EIN
01-0758677
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2003
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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