Louise K Barth Memorial Fund

Private foundation · Grantmaker Alton, IL EIN: 37-6079725

Louise K Barth Memorial Fund is a private foundation, based in Alton, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.2M in total assets. In 2025, it awarded 3 grants totaling $185K. Net investment income was $175K.

Key facts about Louise K Barth Memorial Fund

In short: Louise K Barth Memorial Fund gave $185K across 3 grants in 2025 (avg $62K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
37-6079725
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$184,597
Grants made (2025)
3
Average grant
$61,532
Median grant
$3,948
Total assets
$3,170,846
Primary geography
Illinois (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

$3.2M

+3.1% YoY

Annual Giving

$185K

+43.6% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$62K

-4.2% YoY

Under IRS private-foundation payout rules, Louise K Barth Memorial Fund reported a distributable amount of $324K for 2025 — the minimum it must pay out in qualifying distributions.

How Louise K Barth Memorial Fund gives

  • Giving grew 31% from 2022 to 2025. Method
  • In 2025 it paid out 62% 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 2025 grant dollars across all 3 itemized grants.

States

Cities

Wood River

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $129K (2024) to $185K (2025). In 2025 it made 3 grants totaling $185K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

The Alton Foundation: $185K across 2 grantsThe Alton Foundation$185K · 2 grantsMadison County Assn of the Blind: $1Madison County Assn of theBlind$1

The largest 2025 recipient was The Alton Foundation ($185K across 2 grants). Together the top 2 received $185K.

Grant Size Distribution

11 grants across all recorded years

6<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 11 (55%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Alton Foundation Wood River, ILL k barth funds the alton foundation and alton foundation funds the various local 501(c)(3) charities specified in the barth's last will and testament.$180,648
The Alton Foundation Wood River, IL1% Admin Fee Paid to Alton Foundation$3,948
Madison County Assn of the Blind Wood River, ILDuring the past several years, louise k barth made qualified distributions totaling $146,581 to lewis & clark community college for the aid of students with visual impairments. Lewis & clark community college was unable to use the funds for the intended purpose and the funds were returned to louise k barth memorial fund in june 2025.those funds are reported on page 8, part x, line 4 as "recoveries of amounts treated as qualifying distributions". Louise k barth memorial fund went to court for permission to substitute Madison county il association of the blind as a new recipient for the funds. These distributions continue to be made through the alton foundation.$1

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,170,846$3,075,330$1,718,153
Revenue$186,180$1,504,573$74,467
Expenses$237,259$148,305$163,181
Qualifying Distributions$200,920$137,710$151,114
Net Investment Income$175,087$1,493,978$73,495
Distributable Amount$323,576$146,489$151,822

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Louise K Barth Memorial Fund is led by Mark Kratschmer, Chairman on every filing since 2020; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark Kratschmer

    Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jason Harrison

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Schwartzkopf

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Hoelscher

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rene Bassett Butler

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Matt Waters

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Gary Osborne

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pat Heitzig

    Vice Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Emert Wyss (2020–2024) — Director
  • Former: Jeannine Kelly (2020–2021) — Director
  • Former: Robert Walters (2020) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Louise K Barth Memorial Fund

How much does Louise K Barth Memorial Fund give each year?

Louise K Barth Memorial Fund gave $185K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $129K across 2 grants.

What is Louise K Barth Memorial Fund's typical grant size?

Louise K Barth Memorial Fund's median grant in 2025 was $3,948, and its average grant was $61,532, across 3 grants on its 2025 IRS Form 990-PF.

Where does Louise K Barth Memorial Fund give grants?

Louise K Barth Memorial Fund gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wood River, IL (3 grants).

Does Louise K Barth Memorial Fund give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Louise K Barth Memorial Fund's 2025 IRS Form 990-PF were described as general or operating support.

How large is Louise K Barth Memorial Fund?

Louise K Barth Memorial Fund reported $3.2M in total assets on its 2025 IRS Form 990-PF. It paid out $201K in qualifying distributions that year, against a required minimum of $324K (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.

What is Louise K Barth Memorial Fund's EIN?

Louise K Barth Memorial Fund's EIN (Employer Identification Number) is 37-6079725. IRS Form 990 filing data is available on this page for 2020–2025.

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

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