Banas Foundation Inc
HADLEY, MA EIN: 87-4509339
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$160K
-5.7% YoY
Annual Giving
$6K
+50.1% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$739.375
+68.9% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $159,921 | $169,507 | $160,473 |
| Revenue | $1,010 | $16,117 | $67,459 |
| Expenses | $10,596 | $7,083 | $1,806 |
| Qualifying Distributions | $5,915 | $3,940 | $406 |
| Net Investment Income | $1,010 | $1,117 | $15 |
| Distributable Amount | $13,301 | $6,955 | $3,155 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Banas Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENT BANAS | PRESIDENT /DIRECTOR | 1 | — |
| GARRISON BANAS | TREASURER/ DIRECTOR | 1 | — |
| BRIANA BANAS | CLERK/DIRECTOR | 1 | — |
| KATHY BANAS | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $8K (81%)
Texas $1K (10%)
Tennessee $500 (5%)
Vermont $500 (5%)
Cities
AmherstAndoverArlingtonBostonColchesterGranbyMemphisNorthamptonSpringfieldWoburn
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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