Bane Foundation
Preselected recipients only
Bane Foundation is a private foundation in Salem, Virginia. In tax year 2024 it gave $51,800 in 53 grants; the typical grant was $500 and the largest $5,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$51,800
- Number of grants53
- Typical grant$500
- Largest grant$5,000
- Assets$1.0 million
- New grantees47%
Giving in 2024 was down from $54,400 the year before.
47% of its 2024 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 | $54,400 | 42 | $928,145 |
| 2024 | $51,800 | 53 | $1.0 million |
How to apply
Bane 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.
What Bane Foundation funds
Where it gives
Its grants went to recipients in 12 states, the most to Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 27 | $21,400 |
| Tennessee | 4 | $11,000 |
| Texas | 2 | $5,300 |
| Florida | 6 | $4,800 |
| U.S. Virgin Islands | 2 | $3,000 |
| Massachusetts | 2 | $2,200 |
| District of Columbia | 4 | $1,400 |
| Illinois | 1 | $1,000 |
| West Virginia | 1 | $1,000 |
| Colorado | 2 | $400 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Emory & Henry College | Donation | $5,000 |
| Southern College of Optometry | Donation | $5,000 |
| St Jude Children's Research Hosp | Donation | $4,800 |
| Susan G Komen Breast Cancer | Donation | $4,300 |
| St Croix Reformed Church | Donation | $2,500 |
| Roanoke College | Donation | $2,000 |
| Rotary Paul Harris Foundation | Donation | $2,000 |
| Blue Ridge Area Food Bank | Donation | $1,500 |
| Hope Legacy Equine Rescue | Donation | $1,500 |
| Wintergreen Nature Foundation | Donation | $1,200 |
| American Heart Association | Donation | $1,000 |
| Animal Welfare Institute | Donation | $1,000 |
| Appalachian Trail Conservancy | Donation | $1,000 |
| Broward Outreach Center | Donation | $1,000 |
| Broward Performing Arts Foundation | Donation | $1,000 |
| Dystonia Med Research Foundation | Donation | $1,000 |
| Florida Breast Cancer Foundation | Donation | $1,000 |
| Gary Sinise Foundation | Donation | $1,000 |
| National Rifle Association | Donation | $1,000 |
| South Florida Wildlife Center | Donation | $1,000 |
| Vmi Alumni Agencies | Donation | $1,000 |
| Wintergreen Adaptive Sports | Donation | $1,000 |
| YMCA of Va-Blue Ridge | Donation | $1,000 |
| Blue Ridge Women's Center | Donation | $500 |
| Charlottesville Area Riding Therapy | Donation | $500 |
| New Freedom Farm | Donation | $500 |
| Piedmont Casa | Donation | $500 |
| Roanoke Symphony Orchestra | Donation | $500 |
| Salem Museum & Historical Society | Donation | $500 |
| Sexual Assault Resource Agency | Donation | $500 |
| Shriner's Hospital for Children | Donation | $500 |
| St Francis Service Dogs | Donation | $500 |
| St George Village Botanical Garden | Donation | $500 |
| Thomas Jefferson Foundation | Donation | $500 |
| Wintergreen Music | Donation | $500 |
| Fort Lauderdale Historical Society | Donation | $300 |
| Freedom Service Dogs Inc | Donation | $300 |
| Rails to Trails Conservancy | Donation | $200 |
| Ronald Reagan Presidential Foundati | Donation | $200 |
| Special Olympics Virginia | Donation | $200 |
Officers and trustees
- Dr Eugene M Bane Jr
Questions people ask
Does Bane Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Bane Foundation give?
$51,800 in tax year 2024, across 53 grants, with a typical grant of $500.
Who runs Bane Foundation?
Its 2024 filing lists Dr Eugene M Bane Jr (President/Di).
What does Bane Foundation fund?
Based on its grants, mainly education, health and science and research.