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Francis M Barnes Charitable Trust

Foundation · Grantmaker Williamston, NC EIN: 20-1533061 Website

Francis M Barnes Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Williamston, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 3 grants totaling $99K. Net investment income was $325K.

Key facts about Francis M Barnes Charitable Trust

In short: Francis M Barnes Charitable Trust gave $99K across 3 grants in 2025 (avg $33K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
20-1533061
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$99,000
Grants made (2025)
3
Average grant
$33,000
Median grant
$40,000
Total assets
$1,900,597
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.9M

+11.9% YoY

Annual Giving

$99K

+3.9% YoY

Grant Count

3

-62.5% YoY

Avg Grant Size

$33K

+177.1% YoY

Under IRS private-foundation payout rules, Francis M Barnes Charitable Trust reported a distributable amount of $121K for 2025 — the minimum it must pay out in qualifying distributions.

How Francis M Barnes Charitable Trust gives

  • Giving held roughly steady from 2022 to 2025 (+17%). Method
  • In 2025 it paid out 99% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

Cities

WilliamstonJamesvilleHamilton

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K9 grants20217 grants20229 grants20238 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Boys & Girls Club of Martin County: $50KBoys & Girls Club of MartinCounty$50KAdvancing Community Health Together Foundation: $40KAdvancing Community HealthTogether Foundation$40KMartin County Arts Council: $9KMartin County Arts Council$9K

Grant Size Distribution

36 grants across all recorded years

35<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boys & Girls Club of Martin County Williamston, NCProvide funds for staffing, materials, and administrative support of programs in Martin County.$50,000
Advancing Community Health Together Foundation Williamston, NCTo acquire and renovate building to be used as the office of the Foundation$40,000
Martin County Arts Council Williamston, NCTo add flooring to the 2nd level of the Arts Council building$9,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20212022202320242025
Metric202520242023
Total Assets$1,900,597$1,699,236$1,656,996
Revenue$350,528$171,650$34,822
Expenses$149,167$129,410$141,284
Qualifying Distributions$120,490$108,986$116,330
Net Investment Income$325,154$150,440$29,810
Distributable Amount$121,250$112,262$110,575

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Francis M Barnes Charitable Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jennifer Thigpen

    Trustee

    On filings since 2021

    10 hrs/week

    $7K (2021) → $8K (2025)

  • Joel T Thigpen

    Trustee

    On filings since 2021

    10 hrs/week

    $7K (2021) → $8K (2025)

Data from IRS Form 990 filings, 2021–2025. "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

Jennifer Thigpen — Trustee: $8KJennifer ThigpenTrustee$8KJoel T Thigpen — Trustee: $8KJoel T ThigpenTrustee$8K

Frequently asked questions about Francis M Barnes Charitable Trust

How much does Francis M Barnes Charitable Trust give each year?

Francis M Barnes Charitable Trust gave $99K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 8 grants.

What is Francis M Barnes Charitable Trust's typical grant size?

Francis M Barnes Charitable Trust's median grant in 2025 was $40,000, and its average grant was $33,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Francis M Barnes Charitable Trust give grants?

Francis M Barnes Charitable Trust gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Williamston, NC (3 grants).

Does Francis M Barnes Charitable Trust give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Francis M Barnes Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.

How large is Francis M Barnes Charitable Trust?

Francis M Barnes Charitable Trust reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $121K (roughly 5% of its investment assets).

What is Francis M Barnes Charitable Trust?

Francis M Barnes Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Williamston, NC. It holds $1.9M in total assets as of 2025.

What is Francis M Barnes Charitable Trust's EIN?

Francis M Barnes Charitable Trust's EIN (Employer Identification Number) is 20-1533061. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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