Banyan Fund
Preselected recipients only
Banyan Fund is a private foundation in Boston, Massachusetts. In tax year 2025 it gave $21,736 in 4 grants; the typical grant was $5,000 and the largest $10,000. 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$21,736
- Number of grants4
- Typical grant$5,000
- Largest grant$10,000
- Assets$590,596
- New grantees100%
Giving in 2025 was down from $23,000 the year before.
100% 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 | $22,400 | 3 | $518,545 |
| 2024 | $23,000 | 2 | $550,490 |
| 2025 | $21,736 | 4 | $590,596 |
How to apply
Banyan Fund 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 Banyan Fund funds
Where it gives
Its grants went to recipients in 2 states, the most to New Hampshire.
| State | Grants | Amount |
|---|---|---|
| New Hampshire | 2 | $11,736 |
| Massachusetts | 2 | $10,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| New England School of the Arts | General Purpose | $10,000 |
| Communites for Restorative Justice | General Purpose | $5,000 |
| Pan Mass Challenge | General Purpose | $5,000 |
| Historical Society of Cheshire County | General Purpose | $1,736 |
Officers and trustees
- David K Frechette
- James E Frechette
- Henry M Frechette
- Edward K Frechette
- Peter C Frechette
- Maggie Gainey
Questions people ask
Does Banyan Fund accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Banyan Fund give?
$21,736 in tax year 2025, across 4 grants, with a typical grant of $5,000.
Who runs Banyan Fund?
Its 2025 filing lists David K Frechette (Trustee), James E Frechette (Trustee), Henry M Frechette (Trustee) and Edward K Frechette (Trustee) among 6 officers and trustees.
What does Banyan Fund fund?
Based on its grants, mainly arts and culture.