Craig and Barbara Barrett Foundation
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.
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
57
+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.
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
States
Cities
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
| 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
226 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carnegie Institution of Washington ($330,000), California Institute of Technology ($275,000), Basis Charter Schools Inc ($180,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACE SCHOLARSHIPS DENVER, CO | ACE MONTANA GENERAL SUPPORT | $10,000 |
| AIR FORCE AID SOCIETY ARLINGTON, VA | GENERAL SUPPORT | $1,000 |
| AMERICAN POPS ORCHESTRA WASHINGTON, DC | GENERAL SUPPORT | $25,000 |
| AMERICAN SCANDINAVIAN FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $2,000 |
| ARIZONA INTERSCHOLASTIC ASSOCIATION PHOENIX, AZ | SPONSORSHIP - 2025 AIA STATE ROBOTICS CHAMPIONSHIP | $25,000 |
| ARIZONA STATE UNIVERSITY FOUNDATION TEMPE, AZ | GAMMAGE VIP FUND | $3,000 |
| ARIZONA STATE UNIVERSITY FOUNDATION TEMPE, AZ | MELIKIAN CENTER GENERAL FUND SUPPORT | $1,000 |
| BASIS CHARTER SCHOOLS INC SCOTTSDALE, AZ | GENERAL SUPPORT | $180,000 |
| CM RUSSELL MUSEUM GREAT FALLS, MT | GENERAL SUPPORT | $2,410 |
| COMPUTER HISTORY MUSEUM MOUNTAIN VIEW, CA | GENERAL SUPPORT | $5,000 |
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
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.
Explore Open Grants
Browse active grant opportunities in Craig and Barbara Barrett Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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