Barnes Family Foundation

Foundation · Grantmaker Isle of Palms, SC EIN: 84-2579585

Barnes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Isle of Palms, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $419K in total assets. In 2025, it awarded 15 grants totaling $59K. Net investment income was $21K.

Key facts about Barnes Family Foundation

In short: Barnes Family Foundation gave $59K across 15 grants in 2025 (avg $4K), mostly in South Carolina. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
84-2579585
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$59,000
Grants made (2025)
15
Average grant
$3,933
Median grant
$5,000
New grantees (estimate)
40% first-time grantees (6 of 15, 2025)
Total assets
$418,910
Primary geography
South Carolina (61% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$419K

-5.7% YoY

Annual Giving

$59K

+20.4% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$4K

+12.4% YoY

Under IRS private-foundation payout rules, Barnes Family Foundation reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.

Is Barnes Family Foundation open to new grantees?

40%

first-time grantees, 2025

In 2025, 6 of 15 grantees (40%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count

Medians: $5K first-time, $2K repeat.

  • 60% of 2025 grantees were also funded in 2024. Method
  • Giving grew 90% from 2022 to 2025. Method
  • In 2025 it paid out 122% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of all 15 itemized 2025 grant dollars.

Cities

CharlestonBostonHollywoodMount PleasantOxfordBooneStaten IslandCharlotteIsle of PalmsNorth CharlestonClemsonHagerstownMcLeanMonmouthSaline

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K7 grants20196 grants202013 grants202113 grants202211 grants202314 grants202415 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Tunnel to Towers Foundation: $11KTunnel to Towers Foundation$11KJoslin Diabetes Center: $10KJoslin Diabetes Center$10KPorter Gaud Foundation: $5KPorter Gaud Foundation$5KEast Cooper Community Outreach: $5KEast Cooper Community Outreach$5KRonald McDonald House: $5KRonald McDonald House$5KWake up Carolina: $5KWake up Carolina$5KIsle of Palms Community Corp: $5KIsle of Palms Community Corp$5KIsle of Palms R & W for the Child: $5KIsle of Palms R & W for theChild$5KFriend of Fisher House: $2KFriend of Fisher House$2KLivelikelou Foundation: $1KLivelikelou Foundation$1K

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
TUNNEL TO TOWERS FOUNDATION Staten Island, NYUNRESTRICTED GIFT$11,000
JOSLIN DIABETES CENTER Boston, MAUNRESTRICTED GIFT$10,000
PORTER GAUD FOUNDATION Charleston, SCUNRESTRICTED GIFT$5,000
EAST COOPER COMMUNITY OUTREACH Mt Pleasant, SCUNRESTRICTED GIFT$5,000
RONALD MCDONALD HOUSE Charleston, SCUNRESTRICTED GIFT$5,000
WAKE UP CAROLINA Mt Pleasant, SCUNRESTRICTED GIFT$5,000
ISLE OF PALMS COMMUNITY CORP Isle of Palms, SCUNRESTRICTED GIFT$5,000
ISLE OF PALMS R & W FOR THE CHILD Isle of Palms, SCUNRESTRICTED GIFT$5,000
FRIEND OF FISHER HOUSE Charleston, SCUNRESTRICTED GIFT$2,000
LIVELIKELOU FOUNDATION Oxford, OHUNRESTRICTED GIFT$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019202020212022202320242025
Metric202520242023
Total Assets$418,910$444,245$451,327
Revenue$65,614$59,803$52,954
Expenses$68,500$56,050$36,940
Qualifying Distributions$59,000$49,000$32,440
Net Investment Income$21,046$12,735$5,395
Distributable Amount$48,448$39,808$30,514

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 12, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Barnes Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brett W. Barnes

    Director

    On filings since 2019

    No compensation reported

  • Chris A. Barnes

    Director

    On filings since 2019

    No compensation reported

  • Kenneth W. Barnes

    Director

    Managing Trustee → Director, 2021

    On filings since 2019

    No compensation reported

Former officers (1)
  • Former: Margaret A. Barnes (2019–2023) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Barnes Family Foundation

How much does Barnes Family Foundation give each year?

Barnes Family Foundation gave $59K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 14 grants.

What is Barnes Family Foundation's typical grant size?

Barnes Family Foundation's median grant in 2025 was $5,000, and its average grant was $3,933, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Barnes Family Foundation that year got $4K on average.

Where does Barnes Family Foundation give grants?

Barnes Family Foundation gives mostly in South Carolina: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (19%) and Massachusetts (17%). The most frequent recipient cities were Charleston, SC (6 grants), Mt Pleasant, SC (2 grants) and Isle of Palms, SC (2 grants).

Does Barnes Family Foundation give general operating support?

Yes: 100% of Barnes Family Foundation's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Barnes Family Foundation's largest grantees?

Barnes Family Foundation's largest 2025 grantees include Tunnel to Towers Foundation ($11,000), Joslin Diabetes Center ($10,000) and Porter Gaud Foundation ($5,000), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.

How large is Barnes Family Foundation?

Barnes Family Foundation reported $419K in total assets on its 2025 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).

What is Barnes Family Foundation?

Barnes Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Isle of Palms, SC. It holds $419K in total assets as of 2025.

What is Barnes Family Foundation's EIN?

Barnes Family Foundation's EIN (Employer Identification Number) is 84-2579585. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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