Banas Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Banas Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 87-4509339
Foundation Overview
Based in Hadley, MA, Banas Foundation Inc has awarded 24 grants totaling $9,098 to organizations in Massachusetts and Vermont. Individual grants range from $150 to $874, with a median award of $288.
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
14 of 18 recipients (78%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
92% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Springfield (23%), Amherst (23%), Boston (18%).
Funding Trajectory
Strong 870% growth in annual giving over 1 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on community projects (36%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Banas 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 |
|---|---|---|---|---|
| Hospice Of Fisher House | $150 | Amherst, MA, US | To Help People That Have Less Than Six Months To Live. | 2023 |
| Shriners Hospital | $150 | Springfield, MA, US | To Support Children With Bone Deficiency. | 2023 |
| Baystate Medical Practices | $874 | Boston, MA, US | Paid To Baystate Mri & Imaging Center On Behalf Of Samantha Keith. | 2023 |
| Boston Children's Physicians Organization | $700 | Woburn, MA, US | Boston Children's Physicians Organization On Behalf Of Brently Cloutier. | 2023 |
| Baystate Medical Practices | $203 | Boston, MA, US | Baystate Medical Center On Behalf Of Samantha Keith. | 2023 |
| Saint Michael's College Student Financial Services | $500 | Colchester, VT, US | Saint Michael's College On Behalf Of Felicia Fil. | 2023 |
| Clarke School For The Deaf | $326 | Andover, MA, US | Clarke School For The Deaf On Behalf Brently Cloutier. | 2023 |
| Cancer Connection | $500 | Northampton, MA, US | Cancer Connection For Support For Those With Cancer. | 2023 |
| Massee Heating And Cooling | $537 | Granby, MA, US | Massee Heating And Cooling On Behalf Of Brently Cloutier. | 2023 |
| Hospice Of Fisher House | $150 | Amherst, MA, US | To Help People That Have Less Than Six Months To Live. | 2023 |
| Shriners Hospital | $150 | Springfield, MA, US | To Support Children With Bone Deficiency. | 2023 |
| Baystate Medical Practices | $874 | Boston, MA, US | Paid To Baystate Mri & Imaging Center On Behalf Of Samantha Keith. | 2023 |
| Boston Children's Physicians Organization | $700 | Woburn, MA, US | Boston Children's Physicians Organization On Behalf Of Brently Cloutier. | 2023 |
| Baystate Medical Practices | $203 | Boston, MA, US | Baystate Medical Center On Behalf Of Samantha Keith. | 2023 |
| Saint Michael's College Student Financial Services | $500 | Colchester, VT, US | Saint Michael's College On Behalf Of Felicia Fil. | 2023 |
| Clarke School For The Deaf | $326 | Andover, MA, US | Clarke School For The Deaf On Behalf Brently Cloutier. | 2023 |
| Cancer Connection | $500 | Northampton, MA, US | Cancer Connection For Support For Those With Cancer. | 2023 |
| Massee Heating And Cooling | $537 | Granby, MA, US | Massee Heating And Cooling On Behalf Of Brently Cloutier. | 2023 |
| Shriners Hospital | $156 | Springfield, MA, US | To Support Children With Bone Deficiency. | 2022 |
| Hospice Of Fisher House | $250 | Amherst, MA, US | To Help People That Have Less Than Six Months To Live. | 2022 |
| Shriners Hospital | $156 | Springfield, MA, US | To Support Children With Bone Deficiency. | 2022 |
| Hospice Of Fisher House | $250 | Amherst, MA, US | To Help People That Have Less Than Six Months To Live. | 2022 |
| Shriners Hospital | $156 | Springfield, MA, US | To Support Children With Bone Deficiency. | 2022 |
| Hospice Of Fisher House | $250 | Amherst, MA, US | To Help People That Have Less Than Six Months To Live. | 2022 |
Foundations Similar to Banas Foundation Inc
Discover 5 foundations with comparable assets ($176,671-$182,928), similar grant patterns, and geographic focus in MA 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 |
|---|---|---|---|---|
|
Laraine Cohen Levy Family Foundation
EIN: 04-7023147 | 249 grants awarded |
$176,671
(≈ Similar) |
$250
median grant |
Weston, MA
Same state |
|
|
Salem Soccerinc
EIN: 22-2809531 | 25 grants awarded |
$180,976
(≈ Similar) |
$250
median grant |
Salem, MA
Same state |
|
|
Toynbee Prize Foundation Inc
EIN: 13-3438177 | 17 grants awarded |
$181,563
(≈ Similar) |
$500
median grant |
Newton, MA
Same state |
|
|
Harry & Maggie Van Sciver
EIN: 23-6296554 | 109 grants awarded |
$182,853
(≈ Similar) |
$500
median grant |
Marstons Mills, MA
Same state |
|
|
The Robert E Evans And Kathleen K Evans
EIN: 04-3427585 | 147 grants awarded |
$182,928
(≈ Similar) |
$500
median grant |
Holden, MA
Same state |
|
Related Foundation Resources in MA:
Contact Information
Official contact details for Banas Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 87-4509339 |
| Website | N/A |
| Address | 5 HILLSIDE DR Hadley, MA 01035-9670 |
Key People (4)
Board members, trustees, and key staff who oversee Banas Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President /Director | Brent Banas |
|---|---|
| Treasurer/ Director | Garrison Banas |
| Clerk/director | Briana Banas |
| Director | Kathy Banas |
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 Banas 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.