Robert J And Jennifer J Banks Charitable Tr

Banks Robert J Ttee

Wilmington, DE
Tax-exempt since Nov. 2004
EIN: 20-6296856

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$964k (2024)

Expenses

$774k (2024)

Total Assets

$11.3M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$963,698

Expenses

$774,005

Net Income

$189,693

Net Assets

$11,257,677

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$983,731	> 100%
Interest Revenue	$205,738	21.3%
Dividends	$37,738	3.9%
Sales of Assets	-$263,509
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$662,684	85.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,257,677
Total Liabilities	$0
Net Assets	$11,257,677

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0
Joseph Ritter (Trustee)	$0	$0

+ View more people

990-PF

Filed on May 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,358,816

Expenses

$604,007

Net Income

$754,809

Net Assets

$11,067,984

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,004,636	73.9%
Interest Revenue	$76,110	5.6%
Dividends	$45,827	3.4%
Sales of Assets	$232,243	17.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$514,106	85.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,067,984
Total Liabilities	$0
Net Assets	$11,067,984

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0
Joseph Ritter (Trustee)	$0	$0

+ View more people

990-PF

Filed on May 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$356,353

Expenses

$741,617

Net Income

-$385,264

Net Assets

$10,313,175

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,130	0.6%
Dividends	$37,162	10.4%
Sales of Assets	$317,061	89.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$644,717	86.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,313,175
Total Liabilities	$0
Net Assets	$10,313,175

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0
Joseph Ritter (Trustee)	$0	$0

+ View more people

990-PF

Filed on April 18, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$2,251,646

Expenses

$672,736

Net Income

$1,578,910

Net Assets

$10,698,439

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$281	0.0%
Dividends	$48,455	2.2%
Sales of Assets	$2,202,910	97.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$538,901	80.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,698,439
Total Liabilities	$0
Net Assets	$10,698,439

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0
Joseph Ritter (Trustee)	$0	$0

+ View more people

990-PF

Filed on Aug. 30, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$848,470

Expenses

$427,161

Net Income

$421,309

Net Assets

$9,118,528

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,112	0.2%
Dividends	$75,366	8.9%
Sales of Assets	$770,992	90.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$348,425	81.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,118,529
Total Liabilities	$1
Net Assets	$9,118,528

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0
Joseph Ritter (Trustee)	$0	$0

+ View more people

990-PF

Filed on April 21, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$343,866

Expenses

$442,118

Net Income

-$98,252

Net Assets

$8,697,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,729	3.4%
Dividends	$89,781	26.1%
Sales of Assets	$242,106	70.4%
Other Income	$250	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$342,704	77.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,697,220
Total Liabilities	$1
Net Assets	$8,697,219

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on May 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$850,996

Expenses

$470,457

Net Income

$380,539

Net Assets

$8,795,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$407,004	47.8%
Interest Revenue	$8,778	1.0%
Dividends	$80,172	9.4%
Sales of Assets	$355,042	41.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$378,046	80.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,795,472
Total Liabilities	$0
Net Assets	$8,795,472

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on April 10, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$1,291,000

Expenses

$524,001

Net Income

$766,999

Net Assets

$8,414,933

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$994,029	77.0%
Interest Revenue	$4,952	0.4%
Dividends	$68,009	5.3%
Sales of Assets	$222,989	17.3%
Other Income	$1,021	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$437,366	83.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,414,933
Total Liabilities	$0
Net Assets	$8,414,933

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on July 3, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$1,365,359

Expenses

$405,947

Net Income

$959,412

Net Assets

$7,647,934

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$803,691	58.9%
Interest Revenue	$174	0.0%
Dividends	$53,119	3.9%
Sales of Assets	$508,375	37.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$346,495	85.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,647,934
Total Liabilities	$0
Net Assets	$7,647,934

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on Aug. 4, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$1,308,252

Expenses

$391,955

Net Income

$916,297

Net Assets

$6,688,522

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$803,405	61.4%
Interest Revenue	$62	0.0%
Dividends	$39,227	3.0%
Sales of Assets	$465,558	35.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$325,536	83.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,688,522
Total Liabilities	$0
Net Assets	$6,688,522

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on April 28, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$866,166

Expenses

$322,897

Net Income

$543,269

Net Assets

$5,772,225

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$455,510	52.6%
Interest Revenue	$28	0.0%
Dividends	$32,108	3.7%
Sales of Assets	$378,520	43.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$273,840	84.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,772,225
Total Liabilities	$0
Net Assets	$5,772,225

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on May 8, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$1,379,918

Expenses

$405,560

Net Income

$974,358

Net Assets

$5,228,956

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$501,399	36.3%
Interest Revenue	$15	0.0%
Dividends	$27,990	2.0%
Sales of Assets	$610,746	44.3%
Other Income	$239,768	17.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$260,149	64.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$5,228,956
Total Liabilities	$0
Net Assets	$5,228,956

Compensation

Key Employees and Officers	Compensation	Other
Jennifer J Banks (Trustee)	$0	$0
Robert J Banks (Trustee)	$0	$0
Kimberly Banks Ritter (Trustee)	$0	$0

990-PF

Filed on July 2, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$1,494,842

Expenses

$196,545

Net Income

$1,298,297

Net Assets

$4,254,597

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$399,291	26.7%
Interest Revenue	$0
Dividends	$35,679	2.4%
Sales of Assets	$666,638	44.6%
Other Income	$393,234	26.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,437	20.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,254,598
Total Liabilities	$1
Net Assets	$4,254,597

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$673,437

Expenses

$258,449

Net Income

$414,988

Net Assets

$2,956,300

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$435,553	64.7%
Interest Revenue	$0
Dividends	$27,896	4.1%
Sales of Assets	$180,230	26.8%
Other Income	$29,758	4.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$211,263	81.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,956,301
Total Liabilities	$1
Net Assets	$2,956,300

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated February 25, 2026

Robert J And Jennifer J Banks Charitable Tr

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $964k (2024)

Expenses $774k (2024)

Total Assets $11.3M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$964k (2024)

Expenses

$774k (2024)

Total Assets

$11.3M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004