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· Private foundation

Banks Charitable Fdn-Nuveen

Its FY2025 filing reports that it accepted unsolicited grant applications.

$79k
Granted FY2025still arriving
16
Grants FY2025still arriving
5
States reached
$40k
Largest
01What it funds
0195% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Education$96kReligion$75kPhilanthropy$58kInternational$34kHealth$19kHuman Services$11kRecreation & Sports$11kArts & Culture$6kOther$0
02FY2025 · 16 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k14 grants · $28k
  • $10k–50k2 grants · $52k
$2,000
Median grant
5
States reached
$1.1M
Total assets
Largest grants
RecipientAmount
SALT LAKE CITY ROTARY FOUNDATION$40,000
CHURCH OF JESUS CHRIST OF LATTER$11,500
BRIGHAM YOUNG UNIVERSITY$6,000
OLATHE HIGH SCHOOL$4,000
UNIVERSITY OF UTAH$3,000
UTAH ATHLETIC FOUNDATION DBA$3,000
UTAH SOCCER ALLIANCE RECREATION$2,500
GREEN GUMMY BEAR INC$2,000
PTA UTAH CONGRESS INC$1,500
SWEDISH MEDICAL CENTER$1,000
HOPE FOR HER INTERNATIONAL$1,000
WASATCH COUNTY SCHOOL DISTRICT$1,000
GIRL SCOUTS OF UTAH$1,000
Individual grant recipient$500
SOLANA BEACH SCHOOLS FOUNDATION$500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY22–25, $2k) land where the poverty rate runs at 8%, against an area that typically sits at 9%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 9%HOPE FOR HER INTERNATIONAL: $1k → 8%RISE AND REBUILD FOUNDATION: $1k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

WA
ID
IL
IA
CA
UT
CO
HI
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

84%of every dollar goes to organizations it has funded before.
$269k · 25 repeat orgs$51k to everyone else

Grantees it renews have grown median revenue +68% since the first grant, against +14% for those funded once.

25 repeat relationships: 15 still active in FY2025, 10 since wound down; 1 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

25
19

Total granted

$269k
$50k

Median revenue growth · since first grant

+68%
+14%

Still filing today

36%
53%

New vs renewed · share of each year

In FY2025, 99% of grant dollars renewed an existing relationship; $1k went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24’25
InternationalHealthRecreation & SportsArts & CultureHuman ServicesEducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • Y
    YOUTHLINC
    3× · 2020–2024 · $14k · revenue +185%
  • US
    UTAH SOCCER ALLIANCE RECREATION DBA COPPER MOUNTAIN SOCCER COMPETITION
    3× · 2022–2025 · $6k · revenue +68%
  • ZC
    Zahara Charity
    2× · 2022–2024 · $5k · revenue +150%

Funded once

  • CO
    CHURCH OF JESUS CHRIST OF
    one grant, 2021 · $11k
  • IL
    INTERNATIONAL LANGUAGE PROGRAMS INC
    one grant, 2024 · $8k · revenue 0%
  • UF
    UTAH FESTIVAL OPERA COMPANY
    one grant, 2022 · $5k · revenue -38%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Real Salt Lake Foundation
Human Services
2
Utah Geological Foundation
—
3
Rotary International Club Charitable Foundation
Philanthropy
4
Global United Foundation
International
5
Utah Shakespeare Festival Foundation
Arts & Culture
6
The International Foundation
—
7
University Foundation
—
8
University of Utah Foundation

Provide support to the University of Utah Growth Capital Partners Foundation in Charitable, Educational and Scientific purposes.

Philanthropy
9
Utah Motorsports Foundation
Philanthropy
10
Ro Foundation
Philanthropy
11
Rotary International

Rotary is an organization of business and professional leaders united worldwide who provide humanitarian service, encourage high ethical standards in all vocations, and help build goodwill and peace in the world. The main objective of…

—
12
U&R Foundation
Philanthropy
How this is measured
The grantee most central to the portfolio’s shape is Salt Lake City Rotary Foundation; the most unlike its peers is Murray Rotary Club Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

22 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 22 of the 46 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
21/22
Grantees still filing
16/22
Grew since first funded

Where the money sits, by cause and then by grantee

CHURCH OF JESUS CHRIST OF LATTER: $64,000 · OtherCHURCH OF JESUS CHRIST OF LATTERBRIGHAM YOUNG UNIVERSITY: $33,000 · OtherBRIGHAM YOUNG UNIVERSITYOLATHE HIGH SCHOOL: $20,000 · OtherOLATHE HIGH SCHOOLCHURCH OF JESUS CHRIST OF: $11,000 · OtherCHURCH OF JESUS CHRIST OFUTAH VALLEY UNIVERSITY: $9,050 · OtherUNIVERSITY OF UTAH: $8,000 · Other+26 more: $60,380 · Other+26 moreSALT LAKE CITY ROTARY FOUNDATION: $57,450 · Community ImprovementSALT LAKE CITY ROTAR…YOUTHLINC: $14,000 · InternationalTHE ROTARY FOUNDATION OF ROTARY INTERNATIONAL: $4,000 · InternationalSUSTAINABLE CAMBODIA INC: $4,000 · InternationalCHARITY ANYWHERE INC: $2,000 · InternationalUTAH SOCCER ALLIANCE RECREATION DBA COPPER MOUNTAIN SOCCER COMPETITION: $6,000 · Recreation & SportsUTAH ATHLETIC FOUNDATION: $4,700 · Recreation & SportsZahara Charity: $5,000 · HealthSWEDISH MEDICAL CENTER FOUNDATION: $3,000 · HealthHEALTH COACH CHAMBERS: $2,700 · HealthINTERNATIONAL LANGUAGE PROGRAMS INC: $7,670 · EducationUniversity of Idaho Foundation Inc: $2,000 · EducationUTAH FESTIVAL OPERA COMPANY: $5,000 · Arts & CultureHALE CENTRE THEATRE: $1,000 · Arts & Culture
Other$205,430Community Improvement$57,450International$24,000Recreation & Sports$10,700Health$10,700Education$9,670Arts & Culture$6,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSALT LAKE CITY ROTARY FOUNDATION: $57,450 over 5y, 11% of budgetYOUTHLINC: $14,000 over 3y, 1.0% of budgetINTERNATIONAL LANGUAGE PROGRAMS INC: $7,670 over 1y, 0.2% of budgetUTAH SOCCER ALLIANCE RECREATION DBA COPPER MOUNTAIN SOCCER COMPETITION: $6,000 over 3y, 0.6% of budgetUTAH FESTIVAL OPERA COMPANY: $5,000 over 1y, 0.1% of budgetUTAH ATHLETIC FOUNDATION: $4,700 over 4y, 0.0% of budgetHope For Her International: $4,000 over 3y, 1.7% of budgetTHE ROTARY FOUNDATION OF ROTARY INTERNATIONAL: $4,000 over 3y, 0.0% of budgetSUSTAINABLE CAMBODIA INC: $4,000 over 2y, 0.5% of budgetSWEDISH MEDICAL CENTER FOUNDATION: $3,000 over 2y, 0.0% of budgetSOLANA BEACH SCHOOLS FOUNDATION: $2,900 over 4y, 0.1% of budgetMURRAY ROTARY CLUB FOUNDATION: $2,500 over 1y, 9.7% of budgetUTAH FOOD BANK: $2,330 over 2y, 0.0% of budgetCHARITY ANYWHERE INC: $2,000 over 1y, 0.6% of budgetUniversity of Idaho Foundation Inc: $2,000 over 1y, 0.0% of budgetRise and Rebuild Foundation: $1,000 over 1y, 0.1% of budgetCROSSROADS OF THE WEST COUNCIL INC BOY SCOUTS OF AMERICA 590: $1,000 over 1y, 0.0% of budgetMICHEL FOUNDATION: $1,000 over 1y, 0.1% of budgetGIRL SCOUTS OF UTAH: $1,000 over 1y, 0.0% of budgetHALE CENTRE THEATRE: $1,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds SALT LAKE CITY ROTARY FOUNDATION ↗
  • Who funds YOUTHLINC ↗
  • Who funds INTERNATIONAL LANGUAGE PROGRAMS INC ↗
  • Who funds UTAH SOCCER ALLIANCE RECREATION DBA COPPER MOUNTAIN SOCCER COMPETITION ↗
  • Who funds Zahara Charity ↗
  • Who funds UTAH FESTIVAL OPERA COMPANY ↗
  • Who funds UTAH ATHLETIC FOUNDATION ↗
  • Who funds Hope For Her International ↗
  • Who funds THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL ↗
  • Who funds SUSTAINABLE CAMBODIA INC ↗
  • Who funds SWEDISH MEDICAL CENTER FOUNDATION ↗
  • Who funds SOLANA BEACH SCHOOLS FOUNDATION ↗
  • Who funds HEALTH COACH CHAMBERS ↗
  • Who funds MURRAY ROTARY CLUB FOUNDATION ↗
  • Who funds UTAH FOOD BANK ↗
  • Who funds CHARITY ANYWHERE INC ↗
  • Who funds University of Idaho Foundation Inc ↗
  • Who funds Rise and Rebuild Foundation ↗
  • Who funds CROSSROADS OF THE WEST COUNCIL INC BOY SCOUTS OF AMERICA 590 ↗
  • Who funds MICHEL FOUNDATION ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Sorenson Legacy FoundationUT21.6× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Sorenson Legacy Foundation · The Hullinger Family Foundation · The Community Foundation of Utah · Dominion Energy Charitable Foundation · Theodore & Elizabeth Schmidt Family Foundation · George S and Dolores Dore Eccles Foundation · American Endowment Foundation · American Online Giving Foundation Inc · Paypal Charitable Giving Fund · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Banks Charitable Fdn-Nuveen funds: left to right is the share of its income from government, bottom to top the share from Banks Charitable Fdn-Nuveen. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%1%4%8%15%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    7report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 46 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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