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
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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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