Banks Foundation
Preselected recipients only
Banks Foundation is a private foundation in Cordova, Tennessee. In tax year 2025 it gave $4,300 in 2 grants. It only gives to organizations it selects itself and does not accept unsolicited applications.
The grants listed in this filing add up to more than the total it reports, so grant sizes may be wrong. Check the filing.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4,300
- Number of grants2
- Assets$750,035
Giving in 2025 was up from $4,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3,500 | 1 | $595,035 |
| 2024 | $4,000 | 1 | $670,035 |
| 2025 | $4,300 | 2 | $750,035 |
How to apply
Banks 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.
Where it gives
All of its grants went to recipients in Tennessee.
| State | Grants | Amount |
|---|---|---|
| Tennessee | 2 | $160,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Donation | $80,000 |
| Individual | Donation | $80,000 |
Officers and trustees
- Jordan D Banks
- Jerry M Banks
Questions people ask
Does Banks Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Banks Foundation give?
$4,300 in tax year 2025, across 2 grants.
Who runs Banks Foundation?
Its 2025 filing lists Jordan D Banks (Secretary Trustee) and Jerry M Banks (Executive Trustee).