Skip to the page content
Your donations
Passes our checks

Banai Foundation

EIN 87-1315358 · Reston, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair64 out of 100GovernanceFair54 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The Banai Foundations mission is to empower and support individuals through education community development and financial assistance. By providing scholarships grants and resources the foundation aims to create opportunities for personal and professional growth particularly for immigrants underserved communities and those in need of educational support.

Income
$0
Spending
$429,240
Reserves
12.6 months of spending
Employees
0
Volunteers
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 64 out of 100. Higher than 27% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 12.6 months of spending.

  • Debt

    10 of 20

    It owes 49% of what it owns.

  • Income trend

    0 of 15

    Income fell 100% on the year before.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 54 out of 100. Higher than 36% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. Our program offers vital health insurance coverage for two elderly couples who do not qualify for Medicaid and Medicare. This service ensures that these individuals have access to essential medical care and treatment safeguarding their well-being during their senior years. It addresses a critical gap in healthcare coverage for vulnerable populations promoting health and security in their later lives.
  2. The nonprofit provides critical support to refugee families by covering the costs of essential home repairs. This vital assistance ensures that these families can live safely and comfortably in their homes. The program focuses on repairing areas crucial for day-to-day living functions like kitchens bathrooms or bedrooms. By funding skilled contractors to rebuild and renovate these spaces the nonprofit directly enhances the quality of life for refugee families helping them maintain their homes in a dignified and functional condition.
  3. Lado International grant given on behalf of the banai foundation to help open english learning opportunity to families that are in the US.
  4. Provided rent for a family with 2 kids falling behind their rent

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.