Francis M Barnes Charitable Trust
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
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of Martin County Williamston, NC | Provide funds for staffing, materials, and administrative support of programs in Martin County. | $50,000 |
| Advancing Community Health Together Foundation Williamston, NC | To acquire and renovate building to be used as the office of the Foundation | $40,000 |
| Martin County Arts Council Williamston, NC | To add flooring to the 2nd level of the Arts Council building | $9,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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
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.
Here's the math on researching Francis M Barnes Charitable Trust by hand.
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