Banfield Family Foundation
- Assets
- $3.9m
- Revenue
- $154.4k
- Investments
- $3.8m
- Employees
- 0
- Location
- Warren, NJ
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 26-1613768
Organization Overview
Banfield Family Foundation is located in Warren, NJ. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Banfield Family 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 12/2021, Banfield Family Foundation generated $154.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $122.4k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 6 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 2015, Banfield Family Foundation has awarded 63 individual grants totaling $648,021. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole J Banfield Director | 1 | $0 | |
Michael J Banfield Director | 1 | $0 | |
Deborah J Banfield Director | 1 | $0 | |
Kyle J Banfield Director | 1 | $0 | |
Sarah J Rebetje Director | 1 | $0 | |
Kaitlyn R Banfield Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $96,291 |
| Interest on Savings | $3 |
| Dividends & Interest | $41,584 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,497 |
| Capital Gain Net Income | $16,497 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $154,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,870 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,422 |
| Total operating and administrative expenses | $18,229 |
| Contributions, gifts, grants paid | $104,143 |
| Total expenses and disbursements | $122,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,821 |
| Savings and temporary cash investments | $0 |
| 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 | $3,806,864 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,872,685 |
| 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, Banfield Family Foundation has awarded $104,143 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
PENNSYLVANIA STATE UNIVERSITY DANCE MARATHON PURPOSE: CHARITABLE DONATION | $28,000 |
ST PAUL'S OUTREACH NJ PURPOSE: CHARITABLE DONATION | $10,000 |
ARIZONA HELPING HANDS PURPOSE: CHARITABLE DONATION | $10,000 |
REGIS HIGH SCHOOL PURPOSE: 40 SHARES OF VERISK ANALYTICS (NASDAQ: VRSK) | $8,229 |
Oceanport, NJ PURPOSE: 40 SHARES OF VERISK ANALYTICS (NASDAQ: VRSK) | $8,229 |
ST BARNABAS MEDICAL CENTER PURPOSE: 40 SHARES OF VERISK ANALYTICS (NASDAQ: VRSK) | $8,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |