//
Also known as: Jennifer B Thigpen
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Francis M Barnes Memorial Trust is a private trust based in WILLIAMSTON, NC. The foundation received its IRS ruling in 2005. The principal officer is Joseph H Thigpen. It holds total assets of $5.4M. Annual income is reported at $5.4M. Total assets have grown from $2.2M in 2011 to $5.4M in 2024. The foundation is governed by 2 officers and trustees. Scholarships granted to 25 Martin County students attending higher education institutions. Tax records are available from 2016 to 2024. According to available records, Francis M Barnes Memorial Trust has made 2 grants totaling $391K, with a median grant of $196K. The foundation has distributed between $189K and $202K annually from 2022 to 2023. Individual grants have ranged from $189K to $202K, with an average award of $196K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in North Carolina.
Scholarships granted to 24 Martin County students attending higher education institutions
Expenses: $189K
Scholarships granted to 25 Martin County students attending higher education institutions. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NC.
Francis M Barnes Memorial Trust has distributed a total of $391K across 2 grants. The median grant size is $196K, with an average of $196K. Individual grants have ranged from $189K to $202K.
The application deadline is None.. Scholarships are limited to residents of Martin County, NC attending higher education institutions.
Francis M Barnes Memorial Trust is headquartered in WILLIAMSTON, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer B Thigpen | Trustee | $31K | $0 | $31K |
| Joel T Thigpen | Trustee | $31K | $0 | $31K |
Total Giving
N/A
Total Assets
$5.4M
Fair Market Value
N/A
Net Worth
$5.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$391K
Average Grant
$196K
Median Grant
$196K
Unique Recipients
2
Most Common Grant
$202K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 30 Martin County StudentsSecondary education | Williamston, NC | $202K | 2023 |
| 24 Martin County StudentsSecondary education | Williamston, NC | $189K | 2022 |