The New York State Capitol

Form 990-PFTax year 2025EIN 84-3030662

The Banyan Tree Roots Foundation

A private foundation in Smithtown, NY. Its return for tax year 2025 lists 2 grants and $318,320 paid in grants.

Tax year 2025 (period ending Dec 31, 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

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $318,320

    Grants listed
    2
    Assets, end of year
    $10,650,432
  • Tax year 2024

    $541,153

    Grants listed
    4
    Assets, end of year
    $10,022,292
  • Tax year 2023

    $203,687

    Grants listed
    3
    Assets, end of year
    $9,123,566
  • Tax year 2022

    $407,278

    Grants listed
    4
    Assets, end of year
    $8,339,818
  • Tax year 2021

    $493,759

    Grants listed
    5
    Assets, end of year
    $10,159,304
  • Tax year 2020

    $529,024

    Grants listed
    6
    Assets, end of year
    $11,775,672

Grants paid in 2025

2 grants, largest first

As listed on the return.

  1. St Catherine of Siena Hospital FoundationSmithtown, NY

    A new catheterization lab

    $300,000
  2. Nofa-NyBinghamton, NY

    Program support

    $18,320

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. New York2 grants $318,320

Officers, directors and trustees

2 people as filed

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

  • Kyle AlfondPRESIDENT & TREASURER Hours 20Pay $67,000
  • Melissa AlfondTRUSTEE Hours 1Pay $0

The return

More foundations

Other foundations in New York

  1. M Y B FoundationBrooklyn, NY 1 grant Preselected only $318,478 giving
  2. Prince Street FoundationNew York, NY 13 grants Preselected only $318,500 giving
  3. Carner Family TrustEast Aurora, NY 9 grants Preselected only $317,975 giving
  4. The Harold Burson Foundation (FKA John W Hill Hill and Knowlton Foundation)New York, NY 8 grants Accepts applications $318,750 giving
  5. The Charles L Touhey and Alice P Green Foundation IncAlbany, NY 9 grants Preselected only $317,699 giving