Funder DirectoryFrancis M Barnes Memorial Trust
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Private foundation (trust)EIN 201533095Est. 2005-10

Francis M Barnes Memorial Trust

Williamston, NC 27892

Accepts unsolicited proposals

Total Assets

$6.8M

FY 2024

Annual Giving

$216K

FY 2024

Grants Made

1

FY 2024

Avg Grant

$216K

FY 2024

Grant Range

$216K–$216K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$216K

Scholarships granted to 29 Martin County students attending higher education institutions

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.1M

Total Expenses

$319K

Qualifying Distributions

$257K

Distributable Amount

$295K

Min. Investment Return

$310K

Undistributed Income

$277K

Payout rate 87%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.87%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $216K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

7 grants

29 Martin County students
$216K
1 grant
30 Martin County students
$202K
1 grant
25 Martin County students
$183K
1 grant
21 Martin County students
$136K
1 grant
Martin County Community College
$10K
1 grant
Beaufort County Community College
$5K
1 grant
Pitt County Community College
$5K
1 grant

Grant Size Distribution

7 grants

<$10K
3
grants
$10–50K
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

North Carolina
$757K
100% of total

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Francis M Barnes Memorial Trust — Grants, Financials & Contact | Grantivo