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Form 990-PFTax year 2024EIN 47-5582111

James P Banks Foundation

A private foundation in Chicago, IL. Its return for tax year 2024 lists 6 grants and $206,000 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Jun 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $206,000

    Grants listed
    6
    Assets, end of year
    $40,949,325

  • Tax year 2023

    $155,000

    Grants listed
    7
    Assets, end of year
    $3,788,555

  • Tax year 2022

    $155,000

    Grants listed
    7
    Assets, end of year
    $3,876,936

  • Tax year 2021

    $185,000

    Grants listed
    8
    Assets, end of year
    $3,702,087

  • Tax year 2020

    $185,000

    Grants listed
    7
    Assets, end of year
    $3,322,192

  • Tax year 2019

    $215,000

    Grants listed
    6
    Assets, end of year
    $3,438,069

  • Tax year 2018

    $162,000

    Grants listed
    5
    Assets, end of year
    $3,336,518

  • Tax year 2017

    $137,000

    Grants listed
    2
    Assets, end of year
    $3,320,958

Grants paid in 2024

6 grants, largest first

As listed on the return.

  1. James Banks Memorial FundWheaton, IL

    Charitable

    $111,000
  2. Elephants Rhinos & PeopleAtlanta, GA

    Charitable

    $25,000
  3. One Tail at a TimeChicago, IL

    Charitable

    $20,000
  4. Harrison's PlaymakersElkhorn, NE

    Charitable

    $20,000
  5. Jonathans Place of SWFL IncFort Myers, FL

    Support

    $20,000
  6. Thomas M Gilbert Memorial FoundationDowners Grove, IL

    Charitable

    $10,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $25,00029% of the total
  2. Animals1 grant $20,00024% of the total
  3. Human services1 grant $20,00024% of the total
  4. Youth development1 grant $20,00024% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois3 grants $141,000
  2. Georgia1 grant $25,000
  3. Florida1 grant $20,000
  4. Nebraska1 grant $20,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Joseph A O'BrienPRESIDENT Hours 1Pay $0
  • Justin TerzoTREASURER Hours 10Pay $46,875
  • Wendy A O'BrienSECRETARY Hours 1Pay $0

The return

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