The Banyan Foundation

The Banyan Foundation

Minneapolis, MN, US
501(c)3
EIN
41-1922813

The Banyan Foundation

Minneapolis, MN, US
501(c)3
EIN
41-1922813

Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Banyan Foundation is a nonprofit organization dedicated to community improvement, with a mission to transform lives by developing youth, strengthening families, and creating community. With an operating budget of $2.2 million and total revenue of $2.1 million for the 2025 fiscal year, the foundation is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.BanyanCommunity.org.

Mission Statement

To transform lives by developing youth, strengthening families, and creating community.
Revenues

$2.1M

Expenses

$2.4M

Net Income:
-$245.9K
Assets

$6.1M

Liabilities

$80.5K

Net Assets:
+$6M
Operating Budget

$2.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

14

Median grant size
$21.3K
Largest grant received
$125K
C
Carl Schlueter
Board Member
S
Sharon Smith-Akinsanya
Board Member
H
Hanan Osman
Board Member

Frequently Asked Questions

What is The Banyan Foundation’s budget?
In 2025, The Banyan Foundation reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does The Banyan Foundation support?
The Banyan Foundation supports work in Community improvement.
Where does The Banyan Foundation operate?
The Banyan Foundation is headquartered in Minneapolis, MN.
Who funded The Banyan Foundation recently?
In 2025, The Banyan Foundation received grants from THE MINNEAPOLIS FOUNDATION, CATHOLIC COMMUNITY FOUNDATION OF MINNESOTA, and The Constellation Fund. More information on this organization’s funders is available to registered users.
What is the largest grant The Banyan Foundation received in 2024?
The largest grant to The Banyan Foundation in 2024 exceeds $125 thousand.
What is The Banyan Foundation’s reliance on government grants?
The Banyan Foundation relied on government grants for more than 30% of their total revenue in 2025.
Overview
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