Frank and Lucille Barnett Foundation

SAINT LOUIS, MO EIN: 32-6624789

Frank and Lucille Barnett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.9M in total assets. In 2024, it awarded 4 grants totaling $115K. Net investment income was $128K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.9M

+16.5% YoY

Annual Giving

$115K

+27.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$29K

+27.8% YoY

Under IRS private-foundation payout rules, Frank and Lucille Barnett Foundation reported a distributable amount of $277K for 2024 — the minimum it must pay out in qualifying distributions.

About Frank and Lucille Barnett Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $183K (89%)

Virginia $23K (11%)

States

South Carolina Virginia

Cities

AlexandriaGreenvilleGreenwood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,874,493	$5,042,836	$2,101,445
Revenue	$1,423,277	$3,076,032	$262,985
Expenses	$190,332	$131,804	$35,642
Qualifying Distributions	$122,781	$94,550	$9,553
Net Investment Income	$127,744	$57,010	$226,064
Distributable Amount	$276,922	$124,411	$93,002

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of Greenville County ($28,750), Miracle Hill Ministries ($28,750), Lander University ($28,750).

Recipient	Purpose	Amount
UNITED WAY OF GREENVILLE COUNTY GREENVILLE, SC	GENERAL OPERATING	$28,750
MIRACLE HILL MINISTRIES GREENVILLE, SC	GENERAL OPERATING	$28,750
LANDER UNIVERSITY GREENWOOD, SC	GENERAL OPERATING	$28,750
GREENVILLE HUMANE SOCIETY GREENVILLE, SC	GENERAL OPERATING	$28,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$64,863

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Frank and Lucille Barnett Foundation?

Frank and Lucille Barnett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $5.9M in total assets as of 2024.

How large is Frank and Lucille Barnett Foundation?

As of 2024, Frank and Lucille Barnett Foundation holds $5.9M in total assets with $1.4M in annual revenue. It awarded 4 grants totaling $115K in 2024.

Where does Frank and Lucille Barnett Foundation operate?

Frank and Lucille Barnett Foundation has awarded grants in South Carolina, Virginia.

What size grants does Frank and Lucille Barnett Foundation award?

In 2024, Frank and Lucille Barnett Foundation awarded 4 grants totaling $115K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Frank and Lucille Barnett Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank and Lucille Barnett Foundation reported a distributable amount of $277K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frank and Lucille Barnett Foundation's EIN?

Frank and Lucille Barnett Foundation's EIN (Employer Identification Number) is 32-6624789. IRS Form 990 filing data is available on this page for 2021–2024.