Public Charity

JOE AND VIRGINIA BANKS MEMORIAL TRUST

JOE AND VIRGINIA BANKS MEMORIAL TRUST is a Public Charity headquartered in ARDMORE, OK. Financial data from the 2025 filing: $91K revenue, $81K expenses, $975K total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $240K.

EIN: 736210268 ARDMORE, OK Latest filing: 2025
Total Revenue$91K
Total Expenses$81K
Total Assets$975K
Grants Given8
Grant Total$240K
Filing Years2021–2025

Mission

TRUST WITH CHARITABLE BENEFICIARY

Where $100 goes at Joe and Virginia Banks Memorial Trust

How Joe and Virginia Banks Memorial Trust divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$71
Grants to mercy memorial health center of southern oklahoma, a health care facility
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bancfirst

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$239,597 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $91K $81K $975K
2024 $73K $60K $950K
2023 $28K $28K $859K
2022 $31K $13K $822K
2021 $52K $20K $774K

Between 2021 and 2025, reported annual revenue grew from $52K to $91K (+76%), with total assets most recently reported at $975K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OK.

OK

Full geographic grant map with state-by-state breakdown available with membership.

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