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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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. 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.
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.
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.
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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
N/A
Total Assets
$16M
Fair Market Value
N/A
Net Worth
$16M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |