Mark and Thuy Barnett Family Foundation
Mark and Thuy Barnett Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $945K in total assets. In 2025, it awarded 2 grants totaling $234K. Net investment income was $175K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$945K
-5.5% YoY
Annual Giving
$234K
+1068.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$117K
+484.3% YoY
Under IRS private-foundation payout rules, Mark and Thuy Barnett Family Foundation reported a distributable amount of $67K for 2025 — the minimum it must pay out in qualifying distributions.
About Mark and Thuy Barnett Family Foundation
Based on IRS filings
Mark and Thuy Barnett Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $945K in total assets. In 2025, it awarded 2 grants totaling $234K. Net investment income was $175K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $944,562 | $999,848 | $1,009,176 |
| Revenue | $189,167 | $22,978 | $55,932 |
| Expenses | $251,302 | $43,192 | $266,493 |
| Qualifying Distributions | $237,601 | $30,243 | $253,594 |
| Net Investment Income | $175,466 | $10,865 | $44,345 |
| Distributable Amount | $67,176 | $66,224 | $60,571 |
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 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Blue Dragon Children's Foundation Usa ($178,780), The Asia Foundation ($54,931).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE DRAGON CHILDREN'S FOUNDATION USA LITTLETON, CO | PROVIDE VIETNAMESE CHILDREN IN CRISIS WITH THE SERVICES THEY NEED TO MAKE POSITIVE LIFE CHANGES, ESCAPE FROM ABUSE AND EXPLOITATION, AND BENEFIT FROM EDUCATION, SHELTERR, AND PSYCHOLOGICAL SUPPORT. | $178,780 |
| THE ASIA FOUNDATION SAN FRANCISCO, CA | FUNDING OF THE BARNETT SCHOLARS IN VIETNAM PROGRAM FOR THE 2023-2024 ACADEMIC YEAR - A SCHOLARSHIP PROGRAM FOR DISADVANTAGED GIRLS IN VIETNAM. | $54,931 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK A BARNETT | TRUSTEE | 1 | — |
| THUY THANH NGUYEN BARNETT AKA THUY | TRUSTEE | 2 | — |
| RAYMOND F BURGHARDT | TRUSTEE | 1 | — |
| CHARLES BARDER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mark and Thuy Barnett Family Foundation?
Mark and Thuy Barnett Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. It holds $945K in total assets as of 2025.
How large is Mark and Thuy Barnett Family Foundation?
As of 2025, Mark and Thuy Barnett Family Foundation holds $945K in total assets with $189K in annual revenue. It awarded 2 grants totaling $234K in 2025.
Where does Mark and Thuy Barnett Family Foundation operate?
Mark and Thuy Barnett Family Foundation has awarded grants in California, Colorado.
What size grants does Mark and Thuy Barnett Family Foundation award?
In 2025, Mark and Thuy Barnett Family Foundation awarded 2 grants totaling $234K — an average of about $117K per grant, based on its IRS Form 990 filings.
How much is Mark and Thuy Barnett Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mark and Thuy Barnett Family Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mark and Thuy Barnett Family Foundation's EIN?
Mark and Thuy Barnett Family Foundation's EIN (Employer Identification Number) is 82-3768307. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Mark and Thuy Barnett Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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