Skip to content

North Carolina · Nonprofit

THE DONOVAN & BANK FOUNDATION

THE DONOVAN & BANK FOUNDATION (North Carolina) receives grants from 15 organizations whose IRS filings report $816,923 to it, the largest being SPOOKSTOCK FOUNDATION ($175,000). 9 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
15
Grants received
$817k
Net assets
$465k
9/15 repeat funderspeak grant-dependency 19%
01What it does

What The Donovan & Bank Foundation does

Mission

Our missiong is ot help united states special operators transition to a life of peace, contentment, and balance. The foundation is comprised of four interrelated programs, including the janus program and the special operations experience.

As stated on its FY2025 Form 990.

Program

  1. Our program uses a combination of seminars, workshops, one-on-one counseling and financial literacy to deliver transition assistance to the united states special operators. This includes having special operators work directly with the public through special events to share their experiences. While also following wellness plans, life coaching and mentorship to create a holistic lifestyle to improve overall health and quality of life.

    $905,455 spentof which $11,925 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $905,455.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($645k) Expenses 100 ($463k) Net assets 100 ($182k)2023 Revenue 138 ($890k) Expenses 191 ($884k) Net assets 103 ($188k)2024 Revenue 130 ($838k) Expenses 179 ($828k) Net assets 108 ($197k)2025 Revenue 197 ($1.3M) Expenses 217 ($1.0M) Net assets 256 ($465k)
2022202320242025
Revenue (197)Expenses (217)Net assets (256)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $208k to $489k (+135%).

$192k
$209k
$208k
$489k
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of THE DONOVAN & BANK FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.

$182k
’22
$6k
’23
$10k
’24
$265k
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Chris Miller

Chairman

As listed on its FY2025 Form 990.

2022202320242025
Listed6335
Joined·+0+0+2
No longer listed·300
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $8k → $167k.

6 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE DONOVAN & BANK FOUNDATION’s funders (the co-funder graph). Top 14 of 15 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE DONOVAN & BANK FOUNDATION has a broad base — no single funder exceeds 21% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE DONOVAN & BANK FOUNDATION.

21%
largest funder
59%
top three
~6
effective funders

Largest funder’s share by year: 2022 100% · 2023 45% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THE DONOVAN & BANK FOUNDATION draws 89% of its grant income from funders outside North Carolina, across 5 states in all.

NJ
CA
VA
NC
FL

In-state vs out-of-state, by year

’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $358k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE DONOVAN & BANK FOUNDATION runs a healthier operating margin than half of the 497 public benefit nonprofits its size.

Operating margin21% · above the median
Months of reserve5.2mo · below the median
Revenue growth (annualized)25% · above the median

this organization peer median middle 50% of peers· 497 public benefit nonprofits $1M–$10M, FY2025

Organizations like THE DONOVAN & BANK FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 4%Fundraising 6%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for THE DONOVAN & BANK FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE DONOVAN & BANK FOUNDATION?
THE DONOVAN & BANK FOUNDATION (North Carolina) receives grants from 15 organizations whose IRS filings report $816,923 to it, the largest being SPOOKSTOCK FOUNDATION ($175,000). 9 of them have funded it in more than one year.
How many funders does THE DONOVAN & BANK FOUNDATION have?
IRS filings report 15 organizations giving $816,923 in grants to THE DONOVAN & BANK FOUNDATION, 9 of which have funded it in more than one year.
Who is the largest funder of THE DONOVAN & BANK FOUNDATION?
SPOOKSTOCK FOUNDATION is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
How can an organization like THE DONOVAN & BANK FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Donovan & Bank →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing