Craig and Barbara Barrett Foundation

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.

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.

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

Ready to take the next step with Craig and Barbara Barrett Foundation?

Geographic Focus

Where this funder awards grants

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

Grant Distribution by State

18states
+10 more states

Cities

AlbuquerqueAlexandriaArlingtonAustinBaltimoreBigforkBoiseBostonBozemanBronxChandlerChevy ChaseClarksburgCorvallisDarbyDenverFalls ChurchFlagstaffGranite BayGreat Falls

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
$0$634K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$450K$900K$1M$2M41 grants202049 grants202136 grants202254 grants202357 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CARNEGIE INSTITUTION OF …$330KCALIFORNIA INSTITUTE OF …$275KBASIS CHARTER SCHOOLS INC$180KUSS ARIZONA LEGACY FOUND…$160KSTANFORD UNIVERSITY$100KSMITHSONIAN INSTITUTION$30KAMERICAN POPS ORCHESTRA$25KARIZONA INTERSCHOLASTIC …$25KHORATIO ALGER ASSOCIATION$25KSCOTTSDALE MUSEUM OF THE…$23K

Grant Size Distribution

226 grants across all recorded years

194<$50K6$50–100K20$100–250K5$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
ACE SCHOLARSHIPS DENVER, COACE MONTANA GENERAL SUPPORT$10,000
AIR FORCE AID SOCIETY ARLINGTON, VAGENERAL SUPPORT$1,000
AMERICAN POPS ORCHESTRA WASHINGTON, DCGENERAL SUPPORT$25,000
AMERICAN SCANDINAVIAN FOUNDATION NEW YORK, NYGENERAL SUPPORT$2,000
ARIZONA INTERSCHOLASTIC ASSOCIATION PHOENIX, AZSPONSORSHIP - 2025 AIA STATE ROBOTICS CHAMPIONSHIP$25,000
ARIZONA STATE UNIVERSITY FOUNDATION TEMPE, AZGAMMAGE VIP FUND$3,000
ARIZONA STATE UNIVERSITY FOUNDATION TEMPE, AZMELIKIAN CENTER GENERAL FUND SUPPORT$1,000
BASIS CHARTER SCHOOLS INC SCOTTSDALE, AZGENERAL SUPPORT$180,000
CM RUSSELL MUSEUM GREAT FALLS, MTGENERAL SUPPORT$2,410
COMPUTER HISTORY MUSEUM MOUNTAIN VIEW, CAGENERAL 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

NameTitleHoursCompensation
BARBARA BARRETTVice Pres.
CRAIG BARRETTPresident

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

Similar Funders

Funders that support many of the same organizations

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Craig and Barbara Barrett Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Craig and Barbara Barrett Foundation to a real strategy.

Plan your approach