Banker Steel Foundation
EIN 452856488Total Given 2016–2024
$198K
72 grants · $22K avg/year
based on 9 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$2K
typical micro grants · $2K–$2K
grant size
53%
supporter · 18/34 multi-year
repeat
$2K
Assets (2023)
34
Distinct Recipients
About
THE FOUNDATION TERMINATED AS OF 12/31/2024, ATTACHED ARE THE APPLICABLE DOCUMENTS. REMAINING CASH WILL BE USED TO PAY THE FINAL TAX PREPARATION FEE. THERE WAS NO OTHER DISTRIBUTION OF ASSETS AS PART OF THE LIQUIDATION.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
GRANT COMMITTEE
Phone
(434) 847-4575
Deadlines
APPLICATIONS MUST BE RECEIVED OR POSTMARKED BY APRIL 30, 5:00 PM OF EACH YEAR.
How to Apply
APPLICATIONS ARE TO BE TYPED OR IN WRITING, SUBMITTED BY MAIL OR HAND-DELIVERED. APPLICANTS MUST INCLUDE A COMPLETED APPLICATION FORM, TWO LETTERS OF RECOMMENDATION, TRANSCRIPTS, PROOF OF ACCEPTANCE TO COLLEGE OR A TRADE SCHOOL, AND A PERSONAL ESSAY.
Restrictions
A PARENT OR LEGAL GUARDIAN OF APPLICANT MUST BE A FULL-TIME, BANKER STEEL CO., LLC EMPLOYEE, FOR AT LEAST TWO YEARS, AT THE TIME AWARDS ARE DECIDED. APPLICANT MUST BE UNDER THE AGE OF 26 AT DECISION TIME AND HAVE HAD AN AVERAGE GPA OF 2.5 DURING THE PRIOR ACADEMIC YEAR AND IS CURRENTLY ENROLLED IN ANY ACCREDITED TWO-YEAR OR FOUR-YEAR NOT-FOR-PROFIT UNDERGRADUATE ACADEMIC INSTITUTION OR TRADE SCHOOL. RELATIVES OF OFFICERS, OWNERS, OR GRANT COMMITTEE MEMBERS ARE NOT ELIGIBLE.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $52K | $12K | $52K | 24 |
| 2017 | $26K | $928 | $26K | 9 |
| 2018 | $30K | $15K | $45K | 8 |
| 2019 | N/A | $4K | $10K | N/A |
| 2020 | $12K | $3K | $12K | 4 |
| 2021 | $16K | $3K | $15K | 8 |
| 2022 | $46K | $8K | $51K | 13 |
| 2023 | $6K | $2K | $2K | 3 |
| 2024 | $10K | $0 | $10K | 3 |
Grant Size Distribution
Based on 72 grants on record
Minimum
$500
25th Pctl
$2K
Median
$2K
Average
$3K
75th Pctl
$2K
Maximum
$12K
Geographic Distribution
Officers & Directors
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Director
Leadership
CG
Cherie Goodman
5 yrs
Assistant Treasurer
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Director
Leadership
CG
Cherie Goodman
5 yrs
Assistant Treasurer
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Director
Leadership
CG
Cherie Goodman
5 yrs
Assistant Treasurer
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
CG
Cherie Goodman
5 yrs
Assistant Treasurer
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Director
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
CG
Cherie Goodman
5 yrs
Assistant Treasurer
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Direct
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Direct
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Direct
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Direct
Leadership
DB
Daniel B Banker
9+ yrs
Director
DB
Donald W Banker
9+ yrs
President/Director
Leadership
GN
Gregory R Nichols
9+ yrs
Secretary/Treasurer/Direct
Leadership
DB
Daniel B Banker
9+ yrs
Director
Grants Awarded (72 total)
| Purpose | ||||
|---|---|---|---|---|
| Autumn Austin Co Concord University | Athens, WV | $12,500 | COLLEGE SCHOLARSHIP | 2022 |
| Montserrat College of Art | Beverly, MA | $5,000 | COLLEGE SCHOLARSHIP | 2018 |
| The Citadel | Charleston, SC | $5,000 | COLLEGE SCHOLARSHIP | 2018 |
| University of Lynchburg | Lynchburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2018 |
| Virginia Tech | Blacksburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2018 |
| Jordan Hicks | Lynchburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2020 |
| Autumn Austin Co Concord University | Athens, WV | $5,000 | COLLEGE SCHOLARSHIP | 2021 |
| Emma McPhatter Co Virginia Tech | Blacksburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2024 |
| Montserrat College of Art | Beverly, MA | $5,000 | COLLEGE SCHOLARSHIP | 2017 |
| The Citadel | Charleston, SC | $5,000 | COLLEGE SCHOLARSHIP | 2017 |
| Jayasai Charmil V Meesala Co Va Com | Richmond, VA | $5,000 | COLLEGE SCHOLARSHIP | 2022 |
| Emma McPhatter Co Virginia Tech | Blacksburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2022 |
| Erin Coffey Co Virginia Tech | Blacksburg, VA | $5,000 | COLLEGE SCHOLARSHIP | 2022 |
| George Mason University | Fairfax, VA | $3,000 | COLLEGE SCHOLARSHIP | 2018 |
| Emma Coffey Co University of Lynchb | Lynchburg, VA | $3,000 | COLLEGE SCHOLARSHIP | 2022 |
| Marcus Rose Co Delaware State Unive | Dover, DE | $3,000 | COLLEGE SCHOLARSHIP | 2022 |
| Lake Sumpter State College | Leesburg, FL | $2,500 | COLLEGE SCHOLARSHIP | 2018 |
| New York University | New York, NY | $2,500 | COLLEGE SCHOLARSHIP | 2018 |
| Virginia Commonwealth University | Richmond, VA | $2,500 | COLLEGE SCHOLARSHIP | 2018 |
| Victoria Krone | Charleston, SC | $2,500 | COLLEGE SCHOLARSHIP | 2020 |
| John Seo | Richmond, VA | $2,500 | COLLEGE SCHOLARSHIP | 2020 |
| Autumn Austin | Athens, WV | $2,500 | COLLEGE SCHOLARSHIP | 2020 |
| Emma Matkins Co Va Commonwealth Uni | Richmond, VA | $2,500 | COLLEGE SCHOLARSHIP | 2021 |
| Jayasai Charmil V Meesala Co Va Com | Richmond, VA | $2,500 | COLLEGE SCHOLARSHIP | 2021 |
| Emma McPhatter Co Virginia Tech | Blacksburg, VA | $2,500 | COLLEGE SCHOLARSHIP | 2023 |