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Pauline J Barker Education Trust 005741 is a private trust based in MUNCIE, IN. The foundation received its IRS ruling in 2001. The principal officer is First Merchants Bank Na. It holds total assets of $1.6M. Annual income is reported at $341K. Total assets have grown from $1.3M in 2011 to $1.6M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Pauline J Barker Education Trust 005741 has made 4 grants totaling $144K, with a median grant of $41K. Annual giving has decreased from $82K in 2022 to $62K in 2023. Individual grants have ranged from $12K to $50K, with an average award of $36K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Indiana. 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.
Pauline J Barker Education Trust 005741 primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Pauline J Barker Education Trust 005741 has distributed a total of $144K across 4 grants. The median grant size is $41K, with an average of $36K. Individual grants have ranged from $12K to $50K.
Pauline J Barker Education Trust 005741 typically selects its grantees rather than accepting unsolicited proposals.
Pauline J Barker Education Trust 005741 is headquartered in MUNCIE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Merchants Private Wealth Adv | TRUSTEE | $19K | $0 | $19K |
Total Giving
$96K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$199K
Distribution Amount
$89K
Total: $1.5M
Total Grants
4
Total Giving
$144K
Average Grant
$36K
Median Grant
$41K
Unique Recipients
2
Most Common Grant
$37K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Learn More CenterGENERAL FUND | North Manchester, IN | $50K | 2023 |
| Community Foundation Of Wabash CountyGENERAL FUND | North Manchester, IN | $12K | 2023 |