Well Told Grants

Foundations / New York

The Banyan Tree Roots Foundation

Preselected recipients only Smithtown, New York · EIN 843030662

The Banyan Tree Roots Foundation is a private foundation in Smithtown, New York. In tax year 2025 it gave $318,320 in 2 grants; the typical grant was $159,160 and the largest $300,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was down from $541,153 the year before.

0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$203,6873$9.1 million
2024$541,1534$10.0 million
2025$318,3202$10.7 million

How to apply

The Banyan Tree Roots Foundation 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.

IRS filings on ProPublica

What The Banyan Tree Roots Foundation funds

Where it gives

All of its grants went to recipients in New York.

StateGrantsAmount
New York2$318,320

Grants paid in 2025

All 2 grants
RecipientPurposeAmount
St Catherine of Siena Hospital Foundation
Smithtown, NY
A new catheterization lab$300,000
Nofa-Ny
Binghamton, NY
Program support$18,320

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does The Banyan Tree Roots Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does The Banyan Tree Roots Foundation give?

$318,320 in tax year 2025, across 2 grants, with a typical grant of $159,160.

Who runs The Banyan Tree Roots Foundation?

Its 2025 filing lists Kyle Alfond (President & Treasurer) and Melissa Alfond (Trustee).

What does The Banyan Tree Roots Foundation fund?

Based on its grants, mainly health.

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