Eugene And Evelyn Banks Fam Charitable Foundation
- Assets
- $1.1m
- Revenue
- $134.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- St Petersburg, FL
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 20-3945115
Organization Overview
Eugene And Evelyn Banks Fam Charitable Foundation is located in St Petersburg, FL. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugene And Evelyn Banks Fam Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Eugene And Evelyn Banks Fam Charitable Foundation generated $134.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $85.1k during the year ending 12/2022. While expenses have increased by 8.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Eugene And Evelyn Banks Fam Charitable Foundation has awarded 41 individual grants totaling $146,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond James Trust N A Trustee | 1 | $7,514 | |
Eugene W Banks Advisor | 2 | $0 | |
Evelyn Banks Advisor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,710 |
| Capital Gain Net Income | $105,710 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,514 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,881 |
| Total operating and administrative expenses | $25,722 |
| Contributions, gifts, grants paid | $59,400 |
| Total expenses and disbursements | $85,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,376 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,072,478 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Eugene And Evelyn Banks Fam Charitable Foundation has awarded $59,400 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
SUSTAINABLE CAMBODIA INC PURPOSE: GENERAL OPERATIING | $2,000 |
JUVENILE DIABETES RESEARCH PURPOSE: GENERAL OPERATING | $1,250 |
THE ZAHRA CHARITY PURPOSE: GENERAL OPERATING | $2,000 |
SOLANA BEACH SCHOOLS FOUNDATION PURPOSE: GENERAL OPERATING | $1,000 |
THE ROTARY FOUNDATION OF ROTARY PURPOSE: GENERAL OPERATIING | $2,000 |
UTAH SOCCER ALLIANCE RECREATION PURPOSE: GENERAL OPERATING | $2,000 |