Minneapolis, MN

BANYAN FOUNDATION

EIN 41-1922813

Education & Youth Development Tutoring, Enrichment & After-School Children & youth Low-income Seniors

Mission

To transform lives by developing youth, strengthening families, and creating community through a continuum of relationship-based programs in the Phillips neighborhood of South Minneapolis.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

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About BANYAN FOUNDATION

Banyan Foundation (also operating as Banyan Community) is a neighborhood-rooted youth and family development organization based in the Phillips neighborhood of Minneapolis. It provides after-school enrichment, summer learning, academic support, post-secondary success services, family engagement and leadership programs, basic-needs assistance, and a senior social club. Banyan takes a holistic, relationship-driven approach that connects youth, families, and neighbors to build social capital, residential stability, and collective efficacy within a low-income urban neighborhood. The organization partners with local funders, academic researchers, and community stakeholders to measure outcomes and refine programs.

Notable achievements

Banyan Effect study with Rice University

Completed a neighborhood-level impact study demonstrating increased collective efficacy and residential stability among Banyan families compared with neighborhood peers, documenting measurable community-level change.

School’s Cool reach (2026–27 preparation)

Prepared to support roughly 175 K–12 students through the School’s Cool program (backpacks, supplies, uniforms and school-readiness supports) for the 2026–27 school year, expanding basic supports that enable school success.

Organizational scale and fiscal stability (FY2025)

Reported approximately $2.1 million in revenue and held roughly $6.1 million in assets in the fiscal year ending July 31, 2025, enabling sustained program delivery and partnerships with public and private funders.

At a glance

Total assets: $6.1M
Annual revenue: $2.1M
Tax status: 501(c)(3)Public charity
EIN: 41-1922813
Location: Minneapolis, MN
Website: banyancommunity.org
On Mahalo since: September 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Rated and profiled by national charity evaluators and listed on major nonprofit databases as an active 501(c)(3) serving Minneapolis-area youth and families.

Registered and active with the Minnesota Attorney General’s charity registry and a recurring grantee/partner of local funders and community foundations.

Documented in local philanthropic disclosure and grant records as a funded community development and youth services organization with multi-year program impact reporting.

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