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Otis A & Margaret T Barnes Trust 1012017010 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1959. The principal officer is % Jpmorgan Chase Bank Na. It holds total assets of $16M. Annual income is reported at $3.7M. According to available records, Otis A & Margaret T Barnes Trust 1012017010 has made 4 grants totaling $3.9M, with a median grant of $1000K. The foundation has distributed between $903K and $2.1M annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $2.1M distributed across 2 grants. Individual grants have ranged from $903K to $1M, with an average award of $987K. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Otis A & Margaret T Barnes Trust 1012017010 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 CO.
Otis A & Margaret T Barnes Trust 1012017010 has distributed a total of $3.9M across 4 grants. The median grant size is $1000K, with an average of $987K. Individual grants have ranged from $903K to $1M.
Otis A & Margaret T Barnes Trust 1012017010 typically selects its grantees rather than accepting unsolicited proposals.
Otis A & Margaret T Barnes Trust 1012017010 is headquartered in CHICAGO, IL.
Total Giving
$1.1M
Total Assets
$15.8M
Fair Market Value
$22.5M
Net Worth
$15.8M
Grants Paid
$903K
Contributions
$0
Net Investment Income
$422K
Distribution Amount
$1M
Total: $15.5M
Total Grants
4
Total Giving
$3.9M
Average Grant
$987K
Median Grant
$1000K
Unique Recipients
1
Most Common Grant
$1M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Colorado CollegeGENERAL | Colorado Springs, CO | $903K | 2024 |
| 2019 | 990PF | View |
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