The funder's latest Form 990-PF says it gives only to organizations it has already chosen and does not accept unsolicited requests. An introduction is usually the only route.
How to apply
Deadlines
Restrictions
Send applications to
LYNCHBURG, VA, 24501a phone number for applications is on the filing. On the filing, not published; see “How to reach them” for any published channel.
Application policy: Funds preselected organizations only, as stated on the FY2024 return.
What its returns show
Stated the same way on all 9 Form 990-PF returns on record (FY2016 to FY2024).
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Financials
Giving
$9,500
FY2024 · qualifying distributions
Total assets
$0
FY2024 · end of year
Revenue
$9,500
FY2024
Expenses
$12K
FY2024
Giving by year
Total assets by year
Year
Form
Revenue
Expenses
Giving
Assets
Net assets
FY2024
990-PF
$9,500
$11,974
$9,500
$0
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
What they fund
Recipient focus areas
Education$18K · 6
Where recipients are
VA$139K · 55
SC$20K · 5
WV$20K · 3
FL$15K · 7
MA$15K · 4
NY$8,000 · 4
DE$3,000 · 1
Based on the 8% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
Grants paid
No grant rows from public filings are on record for this funder. Grant lists come from Form 990-PF and from Schedule I of Form 990; a return the IRS has not yet published, or one with no grant list, has no rows here.
Officers and directors
Name
Title
Hours / week
Compensation
Donald W Banker
PRESIDENT/DIRECTOR
1.00
$0
Daniel B Banker
DIRECTOR
1.00
$0
Gregory R Nichols
SECRETARY/TREASURER/DIRECTOR
1.00
$0
Cherie Goodman
ASSISTANT TREASURER
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
$0
FY2023
990-PF
$2,000
$7,600
$6,500
$2,474
$2,474
FY2022
990-PF
$51,000
$45,558
$45,500
$8,074
$8,074
FY2021
990-PF
$15,000
$15,561
$15,500
$2,632
$2,632
FY2020
990-PF
$12,000
$12,500
$12,500
$3,193
$3,193
FY2019
990-PF
$10,000
$21,238
$21,213
$3,693
$3,693
FY2018
990-PF
$45,000
$30,997
$30,985
$14,931
$14,931
FY2017
990-PF
$26,500
$26,771
$26,735
$928
$928
FY2016
990-PF
$52,024
$53,490
$52,565
$11,699
$1,199
1.00
$0
Form 990-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
IRS 990 e-file·FY2023·file fingerprint 8bf43849·U.S. Government public domain·View filing
Filing id 202411349349104911
Form 990-PF · FY2022 · period ending Dec 31, 2022
IRS 990 e-file·FY2022·file fingerprint c619053c·U.S. Government public domain·View filing
Filing id 202331359349103943
Form 990-PF · FY2021 · period ending Dec 31, 2021
IRS 990 e-file·FY2021·file fingerprint 3f25f51e·U.S. Government public domain·View filing
Filing id 202221319349100307
Form 990-PF · FY2020 · period ending Dec 31, 2020
IRS 990 e-file·FY2020·file fingerprint 58b8a701·U.S. Government public domain·View filing
Filing id 202123159349101022
Form 990-PF · FY2019 · period ending Dec 31, 2019
IRS 990 e-file·FY2019·file fingerprint e0cf5981·U.S. Government public domain·View filing
Filing id 202021819349101217
Form 990-PF · FY2018 · period ending Dec 31, 2018
IRS 990 e-file·FY2018·file fingerprint 04430ad1·U.S. Government public domain·View filing
Filing id 201931379349100028
Form 990-PF · FY2017 · period ending Dec 31, 2017
IRS 990 e-file·FY2017·file fingerprint 7ce11679·U.S. Government public domain·View filing
Filing id 201821299349101587
Form 990-PF · FY2016 · period ending Dec 31, 2016
IRS 990 e-file·FY2016·file fingerprint 0f3579b5·U.S. Government public domain·View filing
Filing id 201711319349102456
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.