Frederick Banting Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Frederick Banting Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 45-1536759
Foundation Overview
Based in Richmond, VA, Frederick Banting Foundation Inc has awarded 9 grants totaling $982,000 to organizations in Massachusetts, District of Columbia and 1 other state across the US. Individual grants range from $2,000 to $500,000, with a median award of $40,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 total grant. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
56% of grants are awarded in Massachusetts, with additional funding distributed across 2 other locations. The foundation balances regional focus with broader geographic diversity. Within Massachusetts, funding concentrates in Cambridge (100%).
Funding Trajectory
Declining funding trend with 92% decrease over 6 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Dual focus on healthcare (60%) and education, indicating strategic concentration in complementary program areas.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Frederick Banting Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Diabetes Research Institute | $40,000 | Hollywood, FL, US | Hsci Type 1 Diabetes Research | 2024 |
| Diabetes Research Institute | $40,000 | Hollywood, FL, US | Hsci Type 1 Diabetes Research | 2023 |
| Diabetes Research Institute | $40,000 | Hollywood, FL, US | Hsci Type 1 Diabetes Research | 2023 |
| Fellows Of Harvard University | $30,000 | Cambridge, MA, US | Hsci Type 1 Diabetes Research | 2022 |
| Fellows Of Harvard University | $30,000 | Cambridge, MA, US | Hsci Type 1 Diabetes Research | 2022 |
| Harvard University | $250,000 | Cambridge, MA, US | Hsci Type 1 Diabetes Research | 2021 |
| Harvard University Dev Office | $50,000 | Cambridge, MA, US | Support Melton Lab At Harvard Stem Cell Institute | 2020 |
| Jdrf | $2,000 | Washington, DC, US | Study Of Juvenile Diabetes | 2020 |
| Harvard University Dev Office | $500,000 | Cambridge, MA, US | Support Of Melton Lab At Harvard Stem Cell Institu | 2018 |
Foundations Similar to Frederick Banting Foundation Inc
Discover 5 foundations with comparable assets ($268,365-$317,659), similar grant patterns, and geographic focus in VA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Dharithree Usa Inc
EIN: 86-3726338 | 4 grants awarded |
$273,863
(≈ Similar) |
$30,498
median grant |
Merrifield, VA
Same state |
|
|
Luter Family Foundation
EIN: 47-1655226 | 4 grants awarded |
$272,476
(≈ Similar) |
$62,500
median grant |
Virginia Beach, VA
Same state |
|
|
Falls Run Family Foundation
EIN: 52-1491159 | 9 grants awarded |
$271,308
(≈ Similar) |
$55,594
median grant |
Arlington, VA
Same state |
|
|
Little Souls Foundation Inc
EIN: 83-1007639 | 7 grants awarded |
$268,365
(≈ Similar) |
$20,100
median grant |
Richmond, VA
Same state |
|
|
Milner Award Inc
EIN: 20-4627341 | 8 grants awarded |
$317,659
(≈ Similar) |
$30,500
median grant |
Alexandria, VA
Same state |
|
Related Foundation Resources in VA:
Contact Information
Official contact details for Frederick Banting Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 45-1536759 |
| Website | N/A |
| Address | 1801 LIBBIE AVE STE 201 Richmond, VA 23226-1836 |
Key People (3)
Board members, trustees, and key staff who oversee Frederick Banting Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Chairmanceo | Frederick L Russell Jr |
|---|---|
| Vice Chairman | John E Russell |
| Secretary | Susan C Russell |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Frederick Banting Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.