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Barnes Aerospace Foundation Inc. is a private corporation based in BRISTOL, CT. The foundation received its IRS ruling in 1974. The principal officer is Patrick J Dempsey. It holds total assets of $1.2M. Annual income is reported at $1.1M. Total assets have grown from $825K in 2011 to $1.3M in 2023. Tax records are available from 2020 to 2023. According to available records, Barnes Aerospace Foundation Inc. has made 4 grants totaling $4.4M, with a median grant of $1.1M. The foundation has distributed between $1.1M and $2.2M annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $2.2M distributed across 2 grants. Individual grants have ranged from $1.1M to $1.1M, with an average award of $1.1M. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
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.
Barnes Aerospace Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Barnes Aerospace Foundation Inc. has distributed a total of $4.4M across 4 grants. The median grant size is $1.1M, with an average of $1.1M. Individual grants have ranged from $1.1M to $1.1M.
The application deadline is 03 01. Eligible candidates for scholarship grants must be a child of a current barnes group inc employee with at least 1 year of service time vy applicaton due date or a retired bargens grop inc employee.
Barnes Aerospace Foundation Inc. is headquartered in BRISTOL, CT.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.1M
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$1.1M
Contributions
$1.1M
Net Investment Income
$41K
Distribution Amount
$63K
Total Grants
4
Total Giving
$4.4M
Average Grant
$1.1M
Median Grant
$1.1M
Unique Recipients
3
Most Common Grant
$1.1M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| AvailableUnrestricted | Request, CT | $1.1M | 2021 |
| Various Available Upon Requestvarious philanthropic activities to benefit members of the local community | Bristol, CT | $1.1M | 2022 |
| Available Upon RequestUNRESTRICTED | Available Upon Request, CT | $1.1M | 2020 |