Frederick Banting Foundation Inc
Preselected recipients only
Frederick Banting Foundation Inc is a private foundation in Richmond, Virginia. In tax year 2024 it gave $40,000 in 1 grant; the typical grant was $40,000 and the largest $40,000. 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$40,000
- Number of grants1
- Typical grant$40,000
- Largest grant$40,000
- Assets$289,344
- New grantees0%
Giving in 2024 was the same as $40,000 the year before.
0% of its 2024 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 year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $40,000 | 1 | $329,999 |
| 2024 | $40,000 | 1 | $289,344 |
How to apply
Frederick Banting Foundation Inc 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.
Foundation website IRS filings on ProPublica
What Frederick Banting Foundation Inc funds
Where it gives
All of its grants went to recipients in Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 1 | $40,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Diabetes Research Institute | HSCI Type 1 Diabetes Research | $40,000 |
Officers and trustees
- Frederick L Russell Jr
- John E Russell
- Susan C Russell
Questions people ask
Does Frederick Banting Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Frederick Banting Foundation Inc give?
$40,000 in tax year 2024, across 1 grant, with a typical grant of $40,000.
Who runs Frederick Banting Foundation Inc?
Its 2024 filing lists Frederick L Russell Jr (ChairmanCEO), John E Russell (Vice Chairman) and Susan C Russell (Secretary).
What does Frederick Banting Foundation Inc fund?
Based on its grants, mainly health and science and research.