Overview

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Est.

1998

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Banyan Foundation is a community improvement nonprofit focused on transforming lives by developing youth, strengthening families, and creating community. In filing year 2025, it reported an operating budget of $2.2M and total revenue of $2.1M; among its listed funders are Banyan Investment Corporation, THE MINNEAPOLIS FOUNDATION, and WEM FOUNDATION.

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
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  • 77 funders
  • 55 board & team members
  • 13 historic 990s & financials
  • 6-year operating budget trend
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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.