//
Also known as: MEMORIAL CHARITABLE FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Thomas B And Michael F Barnett Memorial Charitable Foundation is a private trust based in MOBILE, AL. The foundation received its IRS ruling in 1991. The principal officer is Oakworth Capital Bank. It holds total assets of $686K. Annual income is reported at $114K. Total assets have decreased from $1.1M in 2011 to $730K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Thomas B And Michael F Barnett Memorial Charitable Foundation has made 10 grants totaling $155K, with a median grant of $9K. Annual giving has grown from $41K in 2021 to $49K in 2023. Grantmaking activity was highest in 2022 with $66K distributed across 4 grants. Individual grants have ranged from $2K to $42K, with an average award of $16K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$21K
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.
Thomas B And Michael F Barnett Memorial Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in AL.
Thomas B And Michael F Barnett Memorial Charitable Foundation has distributed a total of $155K across 10 grants. The median grant size is $9K, with an average of $16K. Individual grants have ranged from $2K to $42K.
Thomas B And Michael F Barnett Memorial Charitable Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (636159417) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Thomas B And Michael F Barnett Memorial Charitable Foundation is headquartered in MOBILE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Oakworth Capital Bank | TRUSTEE | $6K | $0 | $6K |
Total Giving
$65K
Total Assets
$730K
Fair Market Value
$809K
Net Worth
$730K
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$39K
Total: $160K
Total Grants
10
Total Giving
$155K
Average Grant
$16K
Median Grant
$9K
Unique Recipients
4
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Michaels Catholic SchoolCHARITABLE DONATION | Mobile, AL | $42K | 2023 |
| L'ArcheCHARITABLE DONATION | Mobile, AL | $7K | 2023 |
| St Benedict Catholic SchoolCHARITABLE DONATION | Elberta, AL | $5K | 2021 |
| St Marys HomeCHARITABLE DONATION | Mobile, AL | $5K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL