Otis a & Margaret T Barnes Trust XXXXX4003
Otis a & Margaret T Barnes Trust XXXXX4003 is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $16.0M in total assets. In 2025, it awarded 1 grant totaling $997K. Net investment income was $1.3M.
Otis a & Margaret T Barnes Trust XXXXX4003 at a glance
In short: Otis a & Margaret T Barnes Trust XXXXX4003 gave $997K across 1 grant in 2025 (avg $997K), mostly in Colorado. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $997,042
- +10.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $997,042
- +10.4% vs 2024
- Median grant
- $997,042
- Total assets
- $16,048,197
- +1.5% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Otis a & Margaret T Barnes Trust XXXXX4003 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Colorado College ($997K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Otis a & Margaret T Barnes Trust XXXXX4003 gives
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 91% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $867K (2021) to $1.0M (2023). In 2025 it made 1 grant totaling $997K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Colorado College Col Springs, CO | General | $997,042 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $16,048,197 | $1,391,817 | $1,162,792 | $997,042 | 1 | $1,043,352 | $1,291,817 | $1,145,976 |
| 2024 | $15,808,039 | $538,097 | $1,050,372 | $903,246 | 1 | $944,933 | $421,716 | $1,038,729 |
| 2023 | $16,344,448 | $917,679 | $1,197,686 | $1,045,036 | 1 | $1,085,067 | $818,631 | $943,277 |
| 2022 | $16,624,455 | $1,152,533 | $1,131,736 | $954,439 | 1 | $999,313 | $1,042,215 | $1,089,910 |
| 2021 | $16,604,069 | $1,446,021 | $1,014,018 | $867,447 | 1 | — | $1,347,979 | $995,637 |
Under IRS private-foundation payout rules, Otis a & Margaret T Barnes Trust XXXXX4003 reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Otis a & Margaret T Barnes Trust XXXXX4003's only listed officer is Jpmorgan Chase Bank NA, Trustee on every filing since 2023 (compensated).
Officers on the 2025 filing
Jpmorgan Chase Bank NA
Trustee
On filings since 2023
2 hrs/week
$126K (2023) → $146K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank NA (2021–2022) — Trustee
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
The highest reported compensation on the 2025 filing was $146K, to JPMorgan Chase Bank NA (Trustee).
Frequently asked questions about Otis a & Margaret T Barnes Trust XXXXX4003
How much does Otis a & Margaret T Barnes Trust XXXXX4003 give each year?
Otis a & Margaret T Barnes Trust XXXXX4003 gave $997K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $903K across 1 grant.
How large is Otis a & Margaret T Barnes Trust XXXXX4003?
Otis a & Margaret T Barnes Trust XXXXX4003 reported $16.0M in total assets on its 2025 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $1.1M (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.
Where does Otis a & Margaret T Barnes Trust XXXXX4003 operate?
Otis a & Margaret T Barnes Trust XXXXX4003 has awarded grants in Colorado.
What is Otis a & Margaret T Barnes Trust XXXXX4003's EIN?
Otis a & Margaret T Barnes Trust XXXXX4003's EIN (Employer Identification Number) is 84-6023466. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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