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Also known as: ENDOWMENT TRUST
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Albert G & Eleanore J Barsh Endowment Trust is a private trust based in LUBBOCK, TX. The foundation received its IRS ruling in 2003. The principal officer is Asb. It holds total assets of $6.8M. Annual income is reported at $778K. Total assets have grown from $5.6M in 2011 to $6.7M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, Albert G & Eleanore J Barsh Endowment Trust has made 20 grants totaling $1.3M, with a median grant of $34K. Annual giving has grown from $291K in 2020 to $673K in 2022. Individual grants have ranged from $29K to $118K, with an average award of $64K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$29K
Median Grant
$29K
Average Grant
$58K
Largest Grant
$102K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Albert G & Eleanore J Barsh Endowment Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in TX.
Albert G & Eleanore J Barsh Endowment Trust has distributed a total of $1.3M across 20 grants. The median grant size is $34K, with an average of $64K. Individual grants have ranged from $29K to $118K.
Albert G & Eleanore J Barsh Endowment Trust typically selects its grantees rather than accepting unsolicited proposals.
Albert G & Eleanore J Barsh Endowment Trust is headquartered in LUBBOCK, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Prosperity Bank | TRUSTEE | $34K | $0 | $34K |
| Nancy Murchison | COMMITTEE MM | $10K | $0 | $10K |
| Kauli Sparks | COMMITTEE MM | $10K | $0 | $10K |
| Ann Finley | COMMITTEE MM | $10K | $0 | $10K |
Total Giving
$396K
Total Assets
$6.7M
Fair Market Value
$7.4M
Net Worth
$6.7M
Grants Paid
$315K
Contributions
N/A
Net Investment Income
$409K
Distribution Amount
$335K
Total: N/A
Total Grants
20
Total Giving
$1.3M
Average Grant
$64K
Median Grant
$34K
Unique Recipients
5
Most Common Grant
$34K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchEVERLIVING CHURCH TRUST | Lubbock, TX | $34K | 2022 |
| Meals On WheelsGENERAL PURPOSES | Lubbock, TX | $118K | 2022 |
| South Plains Food BankGENERAL PURPOSES | Lubbock, TX | $118K | 2022 |
| United Way Of Lubbock IncGENERAL PURPOSES | Lubbock, TX | $34K | 2022 |
| Texas Boys Ranch FoundationGENERAL PURPOSES | Lubbock, TX | $34K | 2022 |