Banker Steel Foundation
Preselected recipients only
Banker Steel Foundation is a private foundation in Lynchburg, Virginia. In tax year 2024 it gave $9,500 in 3 grants; the typical grant was $2,500 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$9,500
- Number of grants3
- Typical grant$2,500
- Largest grant$5,000
- Assets$0
Giving in 2024 was up from $6,500 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $6,500 | 3 | $2,474 |
| 2024 | $9,500 | 3 | $0 |
How to apply
Banker Steel 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 Banker Steel Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 2 | $7,500 |
| New York | 1 | $2,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | College scholarship | $5,000 |
| Individual | College scholarship | $2,500 |
| Individual | College scholarship | $2,000 |
Officers and trustees
- Donald W Banker
- Daniel B Banker
- Gregory R Nichols
- Cherie Goodman
Questions people ask
Does Banker Steel Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Banker Steel Foundation give?
$9,500 in tax year 2024, across 3 grants, with a typical grant of $2,500.
Who runs Banker Steel Foundation?
Its 2024 filing lists Donald W Banker (President/Director), Daniel B Banker (Director), Gregory R Nichols (Secretary/Treasurer/Director) and Cherie Goodman (Assistant Treasurer).
What does Banker Steel Foundation fund?
Based on its grants, mainly education.