Irma F Barsnes Trust

MILWAUKEE, WI EIN: 37-6026493

Irma F Barsnes Trust is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $250K. Net investment income was $46K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$250K

+2017.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$125K

+2017.9% YoY

Under IRS private-foundation payout rules, Irma F Barsnes Trust reported a distributable amount of $7K for 2021 — the minimum it must pay out in qualifying distributions.

About Irma F Barsnes Trust

Based on IRS filings

Irma F Barsnes Trust is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $250K. Net investment income was $46K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $262K (100%)

States

Illinois

Cities

Jacksonville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$7,174
Revenue	$47,715	$6,992
Expenses	$257,063	$15,547
Qualifying Distributions	$254,880	—
Net Investment Income	$45,641	$4,132
Distributable Amount	$7,087	$10,686

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Passavant Area Hosp Assoc ($208,191), Hebron Cemetery Association ($41,638).

Recipient	Purpose	Amount
PASSAVANT AREA HOSP ASSOC JACKSONVILLE, IL	GENERAL OPERATING	$208,191
HEBRON CEMETERY ASSOCIATION JACKSONVILLE, IL	GENERAL OPERATING	$41,638

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
US BANK N A	TRUSTEE	1	$418

Frequently Asked Questions

Where does Irma F Barsnes Trust operate?

Irma F Barsnes Trust has awarded grants in Illinois.

What size grants does Irma F Barsnes Trust award?

In 2021, Irma F Barsnes Trust awarded 2 grants totaling $250K — an average of about $125K per grant, based on its IRS Form 990 filings.

How much is Irma F Barsnes Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Irma F Barsnes Trust reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.