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THE BANYAN TREE ROOTS FOUNDATION

SMITHTOWN, NY · EIN 843030662 · Form 990PF · FY2025 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.1M
expenses
$88K
net assets
$10.7M
employees
profile · synthesized from sources

The Banyan Tree Roots Foundation is a private foundation based in New York that provides grants to support community-based programs and capital projects. Its funding focuses on health care infrastructure, social services, and nonprofit program support, primarily for organizations serving Long Island and surrounding areas. The foundation has awarded multi-year grants to hospitals, youth mentoring organizations, and local service providers.

named programs · 3 · from sources

What they call their work

Healthcare Infrastructure Grants
Provides funding for capital improvements in healthcare facilities, including emergency room expansions and new catheterization labs.
Nonprofit Program Support
Offers general and program-specific grants to nonprofit organizations serving Long Island communities.
Youth & Community Development
Supports youth mentoring and community-based services through targeted grants to organizations like Big Brothers Big Sisters of Long Island.
activities · 6 groups

What they do

  • Hospital and Medical Center Support 2 activities
    • Funding emergency room expansion at St Catherine of Siena Hospital Foundation
      Supports infrastructure improvements by funding the expansion of the emergency room at St Catherine of Siena Hospital Foundation to increase capacity and improve patient care.
    • Funding the establishment of a catheterization lab at St Catherine of Siena Hospital Foundation
      Funds the development and setup of a new catheterization lab at St Catherine of Siena Hospital Foundation to enhance cardiac care services.
  • Church and Congregation-Based Financial Aid 1 activity
    • Funding a food pantry operated by Shelter Island Presbyterian Church
      Supports the operation of a food pantry through grants to Shelter Island Presbyterian Church, aimed at addressing food insecurity in the local community.
  • Capital Infrastructure Funding 1 activity
    • Funding facility upgrades for Big Brothers Big Sisters of Long Island
      Finances improvements to physical infrastructure at Big Brothers Big Sisters of Long Island to support youth mentoring programs.
  • Municipal and Community General Support 1 activity
    • Funding general operating support to Shelter Island Public Library
      Provides unrestricted funding to Shelter Island Public Library to support day-to-day operations and public service programming.
  • Community Foundation & United Way Support 1 activity
    • Funding program support to Big Brothers Big Sisters of Long Island
      Provides financial support for program operations at Big Brothers Big Sisters of Long Island to strengthen youth mentoring and community engagement initiatives.
  • Agricultural Grantmaking and Funding Programs 1 activity
    • Funding program support to NOFA-NY
      Provides financial support for programs run by NOFA-NY (Northeast Organic Farming Association of New York), aimed at advancing organic farming and sustainable agriculture practices.
financials · form 990PF · fy2025
revenue
Total revenue$1.13M
Contributions & grants
Program service revenue
Investment income$362K32%
Other revenue$769K
expenses
Total expenses$88K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$67K
Grants paid out$318K
balance sheet
Total assets$10.65M
Cash
Investments
Liabilities
Net assets$10.65M
6 years on record · 2020–2025 · YoY revenue -25.7%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
KYLE ALFOND PRESIDENT & TREASURER 20 $67K
board members · 1
  • MELISSA ALFOND — TRUSTEE
relationships · 5

Who they work with

  • BIG BROTHERS BIG SISTERS OF LONG ISLAND Partner — Funded for facility upgrades and program support.
  • NOFA-NY Partner — Receives program support funding.
  • SHELTER ISLAND PRESBYTERIAN CHURCH Partner — Funded to operate a food pantry.
  • SHELTER ISLAND PUBLIC LIBRARY Partner — Receives general operating support.
  • ST CATHERINE OF SIENA HOSPITAL FOUNDATION Partner — Funded for emergency room expansion and a new catheterization lab.