Craig and Barbara Barrett Foundation

Foundation · Grantmaker PARADISE VALLEY, AZ EIN: 20-1539507

The Craig and Barbara Barrett Foundation is a private independent foundation established in 2004 and based in Paradise Valley, Arizona. It operates as a 501(c)(3) organization designated for philanthropic, educational, and charitable purposes.

Key facts about Craig and Barbara Barrett Foundation

EIN: 20-1539507
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,525,546
Grants made (2024): 57
Average grant: $26,764
Median grant: $5,000
Total assets: $710,623
Primary geography: Arizona (32% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Craig and Barbara Barrett Foundation funds

By grant dollars, the top recipient states for Craig and Barbara Barrett Foundation's 57 itemized 2024 grants were Arizona (32%), District of Columbia (28%) and California (26%). The most frequent recipient cities were Phoenix, AZ (11 grants), Washington, DC (8 grants), Tempe, AZ (5 grants) and Scottsdale, AZ (3 grants). 72% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$711K

-40.8% YoY

Annual Giving

$1.5M

-8.3% YoY

Grant Count

+5.6% YoY

Avg Grant Size

$27K

-13.1% YoY

Under IRS private-foundation payout rules, Craig and Barbara Barrett Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

Higher education
Education and STEM (science, technology, engineering, and mathematics)
Animal and wildlife protection
Environmental conservation
Social services
Robotics education

Recent grant descriptions indicate support for general operating support, lecture series sponsorship, robotics championship sponsorship, and student initiative funds.

Grantmaking

Grant Range

$100–$521,230

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in Arizona, the District of Columbia, and Virginia.

Grant Distribution by State

Arizona $491K (32%)

District of Columbia $426K (28%)

California $390K (26%)

Montana $68K (4%)

Virginia $58K (4%)

All other $93K (6%)

Share of all 57 itemized 2024 grant dollars.

States

Arizona California Colorado District of Columbia Idaho Louisiana Massachusetts Maryland Minnesota Montana New Mexico New York Pennsylvania Texas Utah Virginia Wisconsin West Virginia

Cities

PhoenixWashingtonTempeMissoulaNew YorkScottsdaleArlingtonSaltsburgAlexandriaBoiseBozemanGreat FallsMountain ViewChevy ChaseDenverPasadenaAlbuquerqueBaltimoreBigforkFlagstaff

Financial History

Multi-year comparison from IRS filings

Most Recent (2024):

Total Assets: $710,623–$711,000
Total Revenue: $1,040,217
Total Expenses: $1,525,546
Total Liabilities: $0

Prior Year (2023):

Total Assets: $1,199,707
Total Revenue: $2,004,974
Total Expenses: $1,681,102

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$710,623	$1,199,707	$875,835
Revenue	$1,040,217	$2,004,974	$2,306,189
Expenses	$1,529,301	$1,681,102	$1,510,303
Qualifying Distributions	$1,525,546	$1,663,204	$1,467,359
Net Investment Income	$920,877	$1,894,679	$1,795,604
Distributable Amount	$19,810	$10,423	$7,932

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

237 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Carnegie Institution of Washington ($330,000), California Institute of Technology ($275,000), Basis Charter Schools Inc ($180,000).

Recipient	Purpose	Amount
CARNEGIE INSTITUTION OF WASHINGTON WASHINGTON, DC	CARNEGIE FUND SPONSORSHIP	$330,000
CALIFORNIA INSTITUTE OF TECHNOLOGY PASADENA, CA	TRUSTEE FUND AND STUDENT INITIATIVE FUND	$275,000
BASIS CHARTER SCHOOLS INC SCOTTSDALE, AZ	GENERAL SUPPORT	$180,000
USS ARIZONA LEGACY FOUNDATION TEMPE, AZ	GENERAL SUPPORT	$160,000
STANFORD UNIVERSITY STANFORD, CA	OVERSEERS GIFT IN SUPPORT OF HOOVER INSTITUTION	$100,000
UNIVERSITY OF MONTANA MISSOULA, MT	GENERAL SUPPORT	$50,000
KISKI SCHOOL SALTSBURG, PA	GENERAL SUPPORT	$33,500
SMITHSONIAN INSTITUTION WASHINGTON, DC	IN SUPPORT THE NATIONAL MUSEUM OF NATURAL HISTORY	$30,000
AMERICAN POPS ORCHESTRA WASHINGTON, DC	GENERAL SUPPORT	$25,000
ARIZONA INTERSCHOLASTIC ASSOCIATION PHOENIX, AZ	SPONSORSHIP - 2025 AIA STATE ROBOTICS CHAMPIONSHIP	$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Craig Barrett – President
Barbara Barrett – Vice President

Both serve without compensation. Craig Barrett is a former chairman of the board and CEO of Intel Corporation and currently serves on the faculty at Arizona State University's Thunderbird School of Global Management. Barbara Barrett has extensive experience in aviation, space, and defense matters, and previously served as U.S. Ambassador to Finland and interim president of the Thunderbird School of Global Management.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BARBARA BARRETT	Vice Pres.	—	—
CRAIG BARRETT	President	—	—

Contact Information

Address: 4617 E Ocotillo Rd, Paradise Valley, AZ 85253-4032
Telephone: 602-840-7439

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Craig and Barbara Barrett Foundation fund?

The foundation's giving priorities include: • Higher education • Education and STEM (science, technology, engineering, and mathematics) • Animal and wildlife protection • Environmental conservation • Social services • Robotics education Recent grant descriptions indicate support for general operating support, lecture series sponsorship, robotics championship sponsorship, and student initiative funds.

How do I apply for a grant from Craig and Barbara Barrett Foundation?

**Grant Activity:** • Made 36-57 grants in recent years • Typical grant range: $100–$521,230 • Median grant size: $5,000 • Maximum recent grant: $330,000 **Recent Notable Grants (2023):** • Basis Charter Schools: $308,500 (general support) • California Institute of Technology: $50,000 (Trustee Fund and Student Initiative Fund) • Carnegie Science: $35,000 (Carnegie Fund Sponsorship) **Total Giving:** $1,525,546 (2024)

Where does Craig and Barbara Barrett Foundation make grants?

The foundation funds organizations primarily in Arizona, the District of Columbia, and Virginia.

What size grants does Craig and Barbara Barrett Foundation award?

In 2024, Craig and Barbara Barrett Foundation awarded 57 grants totaling $1.5M — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Craig and Barbara Barrett Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Craig and Barbara Barrett Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Craig and Barbara Barrett Foundation's EIN?

Craig and Barbara Barrett Foundation's EIN (Employer Identification Number) is 20-1539507. IRS Form 990 filing data is available on this page for 2020–2024.