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Banmarkay Charitable Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$104k
Granted FY2025still arriving
20
Grants FY2025still arriving
4
States reached
$25k
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, FY2022 to 2025.

Philanthropy$95kEducation$51kArts & Culture$43kScience & Tech$30kHousing & Shelter$24kAnimals$20kFood & Nutrition$18kYouth Development$5kOther$0
02FY2025 · 20 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k17 grants · $57k
  • $10k–50k3 grants · $48k
$5,000
Median grant
4
States reached
$2.3M
Total assets

Anchored by a single position: about 91% of reported assets are held in Varadero International Ltd.

Largest grants
RecipientAmount
PRINCETON AREA COMMUNITY FOUNDATION$25,000
PRINCETON MOBILE FOOD PANTRY$12,500
INSTITUTE FOR ADVANCED STUDY$10,000
SAVE A FRIEND TO HOMELESS ANIMALS$5,225
WHYY$5,000
WNYC$5,000
PRINCETON COMMUNITY HOUSING$5,000
PRESIDENT & TRUSTEES OF BATES COLLEGE$5,000
PRINCETON UNIVERSITY$5,000
DICKINSON COLLEGE$5,000
EASEL ANIMAL RESCUE LEAGUE$5,000
HOUSING INITIATIVES OF PRINCETON$2,500
MCCARTER THEATRE$2,500
SO PERCUSSION$2,500
HI-TOPS PRINCETON$2,500
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 (FY23–24, $4k) land where the poverty rate runs at 7%, against an area that typically sits at 13%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 13%PREBLE STREET: $3k → 7%PREBLE STREET: $2k → 7%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.
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.

91%of every dollar goes to organizations it has funded before.
$181k · 18 repeat orgs$18k to everyone else

Grantees it renews have grown median revenue +9% since the first grant, against +5% for those funded once.

18 repeat relationships: 17 still active in FY2025, 1 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

18
7

Total granted

$181k
$13k

Median revenue growth · since first grant

+9%
+5%

Still filing today

72%
57%

New vs renewed · share of each year

In FY2025, 93% of grant dollars renewed an existing relationship; $6k went to new ones.

50%100%’22’23’24’25
RenewedFirst-time

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

’22’23’24’25
Arts & CultureEducationAnimalsHousing & ShelterScience & TechHuman ServicesOther
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

  • INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION
    3× · 2023–2025 · $30k · revenue +1%
  • DICKINSON COLLEGE
    3× · 2023–2025 · $20k · revenue +20%
  • SAVE A FRIEND TO HOMELESS ANIMALS
    3× · 2023–2025 · $10k · revenue +31%

Funded once

  • PS
    PRINCETON SYMPHONY
    one grant, 2023 · $3k
  • HITOPS INC
    one grant, 2023 · $3k · revenue +2%
  • PORTLAND ART MUSEUM
    one grant, 2023 · $3k · revenue +5%
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
Princeton Symphony Orchestra Inc

The mission of the princeton symphony orchestra is to leverage the power of live music to uplift the human experience.

Arts & Culture
2
Trustees of the University of Pennsylvania

The trustees of the university of pennsylvania (the "university") sees itself as having a public service mission. in such regard, the university aims to provide a rich and diverse educational environment for its students; to pioneer…

Education
3
Fairleigh Dickinson University

Fairleigh dickinson university is a center of academic excellence dedicated to the preparation of world citizens through global education. the university strives to provide students with the multi-disciplinary, intercultural, and ethical…

Education
4
Princeton Ballet Society

Princeton ballet society's mission is to nurture a lifelong love of dance and lift the collective spirit through excellent, relevant, and accessible artistic and educational programs, with a focus on classical ballet.

Arts & Culture
5
Phillips Exeter Academy

Unite goodness and knowledge and inspire youth from every quarter to lead purposeful lives. [text in quotations is taken from the academy's deed of gift, drafted in 1781] knowledge and goodness "above all, it is expected that the attention…

Education
6
The Pierpont Morgan Library

The Morgan Library & Museum celebrates and shares the history and process of human creativity from antiquity to the present day through the preservation, study, and interpretation of a dynamic and growing collection.

Education
7
The Wharton Institute for the Performing Arts Inc

To offer accessible, high-quality performing arts education that sparks personal growth and builds inclusive communities. its vision is to transform performing arts education in an inclusive community accessible to all.

—
8
Pratt Institute

Pratt is an institute, an experience, and an idea. what started as a radical experiment to expand access to creative careers is now a community of 5,137 grad and undergrad students working across 48 programs with 1,200 dedicated faculty.…

Education
9
Point Park University

Provides innovative education in a dynamic urban setting. dedicated to academic excellence and community engagement,we prepare students of diverse backgrounds with the knowledge, skill,and experience to lead meaningful lives as informed…

—
10
Princeton Pro Musica

Laws of the state of new jersey. the mission of the organization is to perform choral masterworks and other works of the choral literature with energy, passion, and uncompromising artistic excellence. the organization believes in the power…

Arts & Culture
11
Public Media Nj Inc

To bring quality public television programs and resources to communities throughout new jersey and its tri-state neighbors. its content, both on-air and online, aims to reflect the diverse

Arts & Culture
12
The Paley Center for Media

Description of organization mission: the paley center for media is the premier institution dedicated to advancing the understanding of media-it's artistic value, social impact and historical importance-for the public and media…

Arts & Culture
How this is measured
The grantee most central to the portfolio’s shape is The Trustees of Princeton University; the most unlike its peers is Hitops Inc. 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

19 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. 19 of the 28 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)
1
Early backer (in before they grew)
19/19
Grantees still filing
11/19
Grew since first funded

Where the money sits, by cause and then by grantee

Princeton Area Community Foundation Inc: $95,000 · PhilanthropyPrinceton Area Community Foundation …PRINCETON MOBILE FOOD PANTRY INC A NJ NONPROFIT CORPORATION: $17,500 · OtherPRINCETON MOBILE FOOD…MCCARTER THEATRE: $7,500 · OtherMCCARTER THEATRE101 FUND: $6,000 · Other101 FUNDHI-TOPS PRINCETON: $5,000 · OtherHI-TOPS PRINCETONPRINCETON PUBLIC LIBRARY: $4,500 · OtherPRINCETON PUBLIC LIBR…PRINCETON UNIVERSITY CONCERTS: $3,500 · OtherPRINCETON UNIVERSITY …PRINCETON SYMPHONY: $2,500 · OtherPREBLE STREET: $4,000 · OtherPREBLE STREETHITOPS INC: $2,500 · Other+3 more: $3,080 · Other+3 moreDICKINSON COLLEGE: $20,000 · EducationDICKINSON COLLEGEThe Trustees of Princeton University: $20,000 · EducationThe Trustees of P…PRESIDENT AND TRUSTEES OF BATES COLLEGE: $5,000 · EducationPRESIDENT AND TRU…INSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION: $30,000 · Science & TechINSTITUTE F…SO PERCUSSION INC: $7,500 · Arts & CultureSO PERCUSS…NEW YORK PUBLIC RADIO: $5,500 · Arts & CultureNEW YORK P…WHYY INC: $5,500 · Arts & CultureWHYY INCGREATER PORTLAND LANDMARKS INC: $4,500 · Arts & CultureGREATER PO…PORTLAND ART MUSEUM: $2,500 · Arts & CulturePORTLAND A…Portland Museum of Art: $1,500 · Arts & CulturePortland M…PRINCETON GARDEN THEATER INC: $1,000 · Arts & CultureSAVE A FRIEND TO HOMELESS ANIMALS: $10,225 · AnimalsEASEL ANIMAL RESCUE LEAGUE INC: $10,000 · AnimalsPRINCETON COMMUNITY HOUSING INC: $12,060 · Housing & ShelterHOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST: $7,500 · Housing & Shelter
Philanthropy$95,000Other$56,080Education$45,000Science & Tech$30,000Arts & Culture$28,000Animals$20,225Housing & Shelter$19,560

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 budgetPrinceton Area Community Foundation Inc: $95,000 over 3y, 0.2% of budgetINSTITUTE FOR ADVANCED STUDY - LOUIS BAMBERGER & MRS FELIX FULD FOUNDATION: $30,000 over 3y, 0.0% of budgetDICKINSON COLLEGE: $20,000 over 3y, 0.0% of budgetThe Trustees of Princeton University: $20,000 over 3y, 0.0% of budgetPRINCETON MOBILE FOOD PANTRY INC A NJ NONPROFIT CORPORATION: $17,500 over 2y, 6.7% of budgetPRINCETON COMMUNITY HOUSING INC: $12,060 over 3y, 0.9% of budgetSAVE A FRIEND TO HOMELESS ANIMALS: $10,225 over 3y, 0.3% of budgetEASEL ANIMAL RESCUE LEAGUE INC: $10,000 over 3y, 0.2% of budgetSO PERCUSSION INC: $7,500 over 3y, 0.3% of budgetHOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST: $7,500 over 3y, 0.6% of budgetNEW YORK PUBLIC RADIO: $5,500 over 2y, 0.0% of budgetWHYY INC: $5,500 over 2y, 0.0% of budgetPRESIDENT AND TRUSTEES OF BATES COLLEGE: $5,000 over 1y, 0.0% of budgetGREATER PORTLAND LANDMARKS INC: $4,500 over 3y, 0.4% of budgetPREBLE STREET: $4,000 over 2y, 0.0% of budgetHITOPS INC: $2,500 over 1y, 0.4% of budgetPORTLAND ART MUSEUM: $2,500 over 1y, 0.0% of budgetPortland Museum of Art: $1,500 over 1y, 0.0% of budgetPRINCETON GARDEN THEATER INC: $1,000 over 1y, 0.1% 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.

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.

Bristol-Myers Squibb Foundation IncNJ21.6× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Bristol-Myers Squibb Foundation Inc · Princeton Area Community Foundation Inc · The Robert Wood Johnson Foundation · Community Foundation of New Jersey · Vanguard Charitable Endowment Program · Charities Aid Foundation America · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

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 Banmarkay Charitable Foundation funds: left to right is the share of its income from government, bottom to top the share from Banmarkay Charitable Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 80%1%3%6%10%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →median 7%
  • The Trustees of Princeton University: 11% of income from government
  • Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation: 7% of income from government
  • Portland Art Museum: 1% of income from government
no gov moneyreceives it· size = income
8get no government money at all
0rely on government for over half their income
⤢ axis zoomed · 0–50%
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.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Banmarkay Charitable Foundation?

Find your warmest path to Banmarkay Charitable Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

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 28 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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