Fay T Barnes Scholarship Fund XXXXX1001
Fay T Barnes Scholarship Fund XXXXX1001 is a private foundation based in Chicago, Illinois. Its 2025 filing reports scholarship awards for eligible high school seniors who plan to attend a college or university in Texas.
Fay T Barnes Scholarship Fund XXXXX1001 at a glance
In short: Fay T Barnes Scholarship Fund XXXXX1001 gave $128K across 47 grants in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $127,750
- +12.3% vs 2024
- Grants made (2025)
- 47
- +38.2% vs 2024
- Average grant
- $2,718
- -18.8% vs 2024
- Median grant
- $1,750
- Total assets
- $2,384,320
- +1.2% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Fay T Barnes Scholarship Fund XXXXX1001
- How to Apply
-
The filing directs applicants to contact JPMorgan Chase Bank N.A. for an application form. Materials include high school GPA, school activities, civic activities, achievements, and recommendations. Awards are limited to residents of Williamson and Travis County, Texas, who are high school seniors planning to attend a college or university in Texas.
- Review Cycle
- None is stated.
- Deadline
- None is stated.
- Contact
Application contact: Jp Morgan Chase Bank N A
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fay T Barnes Scholarship Fund XXXXX1001 funds
How this funder distributes its grants
Grant Size Distribution
225 grants across all recorded years
The most common grant size was under $50K: 225 grants of 225 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that 100% of grant dollars went to recipients in Texas. The filing limits scholarship awards to residents of Williamson and Travis County, Texas, attending a college or university in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 47 itemized grants.
States
Cities
How Fay T Barnes Scholarship Fund XXXXX1001 gives
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $114K (2024) to $172K (2019). In 2025 it made 47 grants totaling $128K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 47 individual scholarships Recipients not named | — | $127,750 |
Ready to take the next step with Fay T Barnes Scholarship Fund XXXXX1001?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,384,320 | $208,538 | $181,344 | $127,750 | 47 | $151,494 | $181,004 | $157,512 |
| 2024 | $2,356,793 | $168,510 | $165,131 | $113,750 | 34 | $136,381 | $142,115 | $149,709 |
| 2023 | $2,365,064 | $154,423 | $166,097 | $120,750 | 46 | $141,363 | $117,018 | $135,323 |
| 2022 | $2,376,316 | $55,772 | $190,146 | $138,250 | 50 | $160,247 | $64,551 | $141,497 |
| 2021 | $2,511,330 | $214,281 | $182,536 | $133,000 | 48 | $152,502 | $185,764 | $158,348 |
| 2020 | $2,477,789 | $151,587 | $169,274 | $126,411 | 45 | — | $125,897 | $149,247 |
| 2019 | $2,487,295 | $194,988 | $214,476 | $171,673 | 45 | — | $169,583 | $149,636 |
Under IRS private-foundation payout rules, Fay T Barnes Scholarship Fund XXXXX1001 reported a distributable amount of $158K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation reported 47 grants totaling $127,750. Grants ranged from $1,750 to $5,250, with a median of $1,750. The largest listed awards were $5,250 each; some were listed in connection with the University of Texas at Austin, while others were listed for individual recipients. The stated purpose was scholarship.
Leadership & Key People
Leadership team and compensation from IRS filings
JP Morgan Chase Bank NA is listed as trustee on the 2025 filing.
Fay T Barnes Scholarship Fund XXXXX1001's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
JP Morgan Chase Bank NA
Trustee
On filings since 2019
2 hrs/week
$37K (2019) → $48K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $48K, to JP Morgan Chase Bank NA (Trustee).
Frequently asked questions about Fay T Barnes Scholarship Fund XXXXX1001
How much does Fay T Barnes Scholarship Fund XXXXX1001 give each year?
Fay T Barnes Scholarship Fund XXXXX1001 gave $128K across 47 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $114K across 34 grants.
What is Fay T Barnes Scholarship Fund XXXXX1001's typical grant size?
Fay T Barnes Scholarship Fund XXXXX1001's median grant in 2025 was $1,750, and its average grant was $2,718, across 47 grants on its 2025 IRS Form 990-PF.
Where does Fay T Barnes Scholarship Fund XXXXX1001 give grants?
Fay T Barnes Scholarship Fund XXXXX1001 gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Fay T Barnes Scholarship Fund XXXXX1001 give general operating support?
Not in 2025: none of the 47 grants with a stated purpose on Fay T Barnes Scholarship Fund XXXXX1001's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (47 grants).
How large is Fay T Barnes Scholarship Fund XXXXX1001?
Fay T Barnes Scholarship Fund XXXXX1001 reported $2.4M in total assets on its 2025 IRS Form 990-PF. It paid out $151K in qualifying distributions that year, against a required minimum of $158K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Fay T Barnes Scholarship Fund XXXXX1001?
The filing directs applicants to contact JPMorgan Chase Bank N.A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Fay T Barnes Scholarship Fund XXXXX1001's EIN?
Fay T Barnes Scholarship Fund XXXXX1001's EIN (Employer Identification Number) is 74-2256469. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 22, 2024)
Explore Open Grants
Browse active grant opportunities in Fay T Barnes Scholarship Fund XXXXX1001's focus areas in our free grants database
Similar Funders
Similar funders in Illinois
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
The Allstate Foundation
Northbrook, IL
The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.
Assets
$89.3M
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
The Elks National Foundation funds scholarships, youth programs, veterans’ services, and charitable projects through Elks Lodges and state associations across the United States. Its 2026 grants had a median size of $10,000, though awards varied widely; the profile describes application routes for specific Lodge and scholarship programs but does not state whether it accepts unsolicited requests.
Assets
$954.1M
Grants
1,536
Total Given
$36.5M
John D and Catherine T Macarthur Foundation
Chicago, IL
The MacArthur Foundation funds work advancing a more just, verdant, and peaceful world, including climate solutions, criminal justice, journalism, technology, and Chicago. In 2024, its grants had a median of $160,000, though awards ranged widely; it generally does not accept unsolicited requests, with possible exceptions for specific open calls or proposals that meet program guidelines.
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
Chicago, IL
Arie and Ida Crown Memorial supports education, the environment, health and human services, gun violence prevention, homelessness prevention, and Jewish community and Israel initiatives, with a strong focus on Chicago and giving across the U.S. and internationally. In 2024, its grants ranged from $500 to $3 million, with a median of $55,000. It uses an invitation-only process and does not accept unsolicited requests.
Assets
$1.4B
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan Chicago
Chicago, IL
The Jewish Federation of Metropolitan Chicago funds human services, Jewish education and community programs, crisis response, and support for Israel and Jewish communities worldwide, primarily through Chicago-area agencies and initiatives. In 2025, its grants had a median of about $20,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.
Assets
$1.1B
Grants
896
Total Given
$166.6M
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Fay T Barnes Scholarship Fund XXXXX1001's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Fay T Barnes Scholarship Fund XXXXX1001 down — hundreds of funders to go?