The William and Karin Banks Foundation Inc
Invitation OnlyBethesda, Maryland · EIN 01-0758677 · Private foundation
Grants paid (2025)$381K
Organizations funded50
Typical grant$5,000
Total assets$9M
Half of its grants to organizations were between $2,800 and $10,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
78% of grants went outside Maryland.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Loudoun Club 12 | Leesburg, VA | Foundation donation | $30,000 |
| Highland Medical Center | Monterey, VA | Foundation donations | $24,500 |
| DC Rape Crisis Center | Washington, DC | Foundation donation | $22,500 |
| Safe Harbor | Richmond, VA | Foundation donation | $22,500 |
| Alexandria Seaport Foundation | Alexandria, VA | Foundation donations | $15,000 |
| Bolar Volunteer Fire Company | Warm Springs, VA | Foundation donations | $15,000 |
| Garth Newel | Warm Springs, VA | Foundation donations | $15,000 |
| Highland Center | Monterey, VA | Foundation donations | $15,000 |
| Blood Stained Men | Davis, CA | Foundation donation | $15,000 |
| Virginia Horse Center Foundation | Lexington, VA | Foundation donations | $14,500 |
| Maryland Institute College of Art | Baltimore, MD | Foundation donations | $13,550 |
| Equine Rescue League | Leesburg, VA | Foundation donations | $11,000 |
| Shanti Bhavan Children's Project | Bellevue, WA | Foundation donation | $10,000 |
| Red Horse Center for Collaborative Leadership | Fnniville, MI | Foundation donation | $10,000 |
| Gentel Giants Draft Horse Rescue | Mount Airy, MD | Foundation donation | $9,000 |
| Sola | Boston, MA | Foundation donation | $9,000 |
| Waterorg | Chicago, IL | Foundation donations | $9,000 |
| Gerdas Equine Rescue | West Townshend, VT | Foundation donations | $8,000 |
| Committee on Temporary Shelter | Burlington, VT | Foundation donations | $7,000 |
| Humane Society of Chittenden County | South Burlington, VT | Foundation donations | $7,000 |
| Outright Vermont | Shelburne, VT | Foundation donations | $7,000 |
| Planned Parenthood of Burlington Vt | Burlington, VT | Foundation donations | $7,000 |
| Sail Beyond Cancer Vt | Burlington, VT | Foundation donations | $7,000 |
| American Red Cross of the National Capital Area | Fairfax, VA | Foundation donations | $5,000 |
| Care Gift Center | Merrifield, VA | Foundation donations | $5,000 |
| Chesapeake Bay Foundation | Annapolis, MD | Foundation donations | $5,000 |
| Light House | Annapolis, MD | Foundation donations | $5,000 |
| United Community | Alexandria, VA | Foundation donations | $5,000 |
| Wamu 885 | Washington, DC | Foundation donation | $4,000 |
| Camp Fire USA | Greenbelt, MD | Foundation donations | $3,600 |
| Highland Arts Council | Monterey, VA | Foundation donations | $3,500 |
| Highland County Humane Society | Monterey, VA | Foundation donations | $3,500 |
| Capitol Area Food Bank | Washington, DC | Foundation donations | $3,000 |
| Planned Parenthood Federation of America Inc | Richmond, VA | Foundation donations | $3,000 |
| Whitman-Walker Health Development Dept | Nw Washington, DC | Foundation donations | $3,000 |
| Ebenezer AME Church | Fort Washington, MD | Foundation donation | $2,800 |
| Mt Ennon Baptist Church | Clinton, MD | Foundation donation | $2,800 |
| United Community Against Poverty Inc | Capitol Heights, MD | Foundation donations | $2,800 |
| Alive Inc | Alexandria, VA | Foundation donations | $2,000 |
| Annapolis Maritime Museum | Annapolis, MD | Foundation donations | $2,000 |
| Highland Historical Society | Mcdowell, VA | Foundation donations | $2,000 |
| Prince George's Community College Foundation Inc | Largo, MD | Foundation donations | $2,000 |
| Saddlebred Rescue Inc | Blairstown, NJ | Foundation donations | $2,000 |
| Valley Conservation Council | Staunton, VA | Foundation donations | $2,000 |
| First Baptist Church of Glenarden | Landover, MD | Foundation donation | $2,000 |
| Highland Social Services | Monterey, VA | Foundation donations | $1,500 |
| Ride With Pride | Staunton, VA | Foundation donations | $1,500 |
| Virginia Nature Conservancy | Charlottesville, VA | Foundation donations | $1,500 |
| Bolar Ruritan Scholarship Fund | Warm Springs, VA | Foundation donations | $1,000 |
| Victory Chapel | Monterey, VA | Foundation donations | $500 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $380,550 | 50 |
| 2024 | $367,100 | 48 |
| 2023 | $344,000 | 49 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 7, 2026 - IRS e-file batch, object ID 202601279349100730
- IRS Tax Exempt Organization Search for EIN 01-0758677
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.