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Barnes Family Foundation is a private corporation based in LITTLE ROCK, AR. The foundation received its IRS ruling in 2017. It holds total assets of $3.7M. Annual income is reported at $873K. Total assets have grown from $1.6M in 2019 to $3.5M in 2023. The foundation is governed by 2 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 Arkansas. According to available records, Barnes Family Foundation has made 17 grants totaling $557K, with a median grant of $5K. Annual giving has grown from $124K in 2020 to $165K in 2023. Individual grants have ranged from $4K to $105K, with an average award of $33K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$8K
Average Grant
$31K
Largest Grant
$105K
Based on 4 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.
Barnes Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in AR.
Barnes Family Foundation has distributed a total of $557K across 17 grants. The median grant size is $5K, with an average of $33K. Individual grants have ranged from $4K to $105K.
Barnes Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Barnes Family Foundation is headquartered in LITTLE ROCK, AR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Terry Barnes | SECRETARY/TREASURER | $0 | $0 | N/A |
| James Barnes | PRESIDENT | $0 | $0 | N/A |
Total Giving
$193K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$130K
Total: $2.7M
Total Grants
17
Total Giving
$557K
Average Grant
$33K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Our HouseGENERAL FUND | Little Rock, AR | $5K | 2021 |
| Community ConnectionsGENERAL FUND | Conway, AR | $10K | 2020 |
| New Life ChurchGENERAL FUND | Little Rock, AR | $100K | 2023 |
| Arkansas Baptist College FoundationGENERAL FUND | Little Rock, AR | $50K | 2023 |
| Womens Initiative International IncGENERAL FUND | Little Rock, AR | $5K | 2023 |
| First Tee Of Central ArkansasGENERAL FUND | Little Rock, AR | $5K | 2023 |
| Arkansas Hunger Relief AllianceGENERAL FUND | Little Rock, AR | $5K | 2023 |
| Fellowship Bible ChurchFUND OPERATIONAL BUDGET AND MINISTRIES | Little Rock, AR | $50K | 2021 |
| Arkansas Baptist FoundationGENERAL FUND | Little Rock, AR | $50K | 2021 |
| Christ Community ChurchGENERAL FUND | Little Rock, AR | $5K | 2021 |
| Explore Ministries IncGENERAL FUND | Little Rock, AR | $4K | 2021 |
| Pulaski AcademyGENERAL FUND | Little Rock, AR | $4K | 2021 |
| The Anthony SchoolGENERAL FUND | Little Rock, AR | $105K | 2020 |
| Henderson State University FoundationGENERAL FUND | Arkadelphia, AR | $4K | 2020 |