Robert J and Jennifer J Banks Charitable Trust
Preselected recipients only
Robert J and Jennifer J Banks Charitable Trust is a private foundation in Wilmington, Delaware. In tax year 2025 it gave $5.5 million in 10 grants; the typical grant was $11,827 and the largest $4.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$5.5 million
- Number of grants10
- Typical grant$11,827
- Largest grant$4.5 million
- Assets$14.2 million
- New grantees63%
Giving in 2025 was up from $604,454 the year before.
63% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $456,000 | 20 | $13.0 million |
| 2024 | $604,454 | 10 | $16.5 million |
| 2025 | $5.5 million | 10 | $14.2 million |
How to apply
Robert J and Jennifer J Banks Charitable Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Robert J and Jennifer J Banks Charitable Trust funds
Where it gives
Its grants went to recipients in 5 states, the most to Vermont.
| State | Grants | Amount |
|---|---|---|
| Vermont | 3 | $5.4 million |
| Pennsylvania | 1 | $50,000 |
| Michigan | 1 | $20,000 |
| Florida | 4 | $16,500 |
| South Carolina | 1 | $200 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Spring Lake Ranch Inc | Banks' Expansion Project | $4.5 million |
| Spring Lake Ranch Inc | Banks' Expansion Project | $861,660 |
| Pennsylvania State University | Robert J. and Jennifer J. Banks Scholarship Fund | $50,000 |
| Munson Medical Center | General & Unrestricted | $20,000 |
| Spring Lake Ranch Inc | Banks' Expansion Project - Soft Costs | $13,654 |
| Community Dental Clinic Inc | General & Unrestricted | $10,000 |
| Oakhurst United Methodist Church | Baby Basics of Pinellas County | $5,000 |
| Operation Healing Forces Inc | General & Unrestricted | $1,000 |
| The Salvation Army | Charitable Event | $500 |
| Leveen-Roach Scholarship Fund of Secession Golf CL | General & Unrestricted | $200 |
Officers and trustees
- Jennifer J Banks
- Robert J Banks
- Kimberly Banks Ritter
- Joseph Ritter
Questions people ask
Does Robert J and Jennifer J Banks Charitable Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Robert J and Jennifer J Banks Charitable Trust give?
$5.5 million in tax year 2025, across 10 grants, with a typical grant of $11,827.
Who runs Robert J and Jennifer J Banks Charitable Trust?
Its 2025 filing lists Jennifer J Banks (Trustee), Robert J Banks (Trustee), Kimberly Banks Ritter (Trustee) and Joseph Ritter (Trustee).
What does Robert J and Jennifer J Banks Charitable Trust fund?
Based on its grants, mainly education and health.