Raymond & Mary D Barnett Foundation

MILTON, KY EIN: 61-1371025

Raymond & Mary D Barnett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $520K in total assets. In 2024, it awarded 11 grants totaling $31K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$520K

-5.0% YoY

Annual Giving

$31K

-18.4% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$3K

-25.8% YoY

Under IRS private-foundation payout rules, Raymond & Mary D Barnett Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Raymond & Mary D Barnett Foundation

Based on IRS filings

Raymond & Mary D Barnett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $520K in total assets. In 2024, it awarded 11 grants totaling $31K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Bowling GreenCampbellsburgCampbellsvilleCarrolltonHendersonHighland HeightsJeffersonvilleLexingtonLouisvilleMadisonMidwayMoreheadPikevilleRichmondSellersburgTroyTuscaloosaWichita

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$22K$32K$43K20202021202220232024
Metric202420232022
Total Assets$519,712$547,132$581,863
Revenue$3,242$3,410$3,549
Expenses$32,100$39,141$32,450
Qualifying Distributions$32,100$39,141$32,450
Net Investment Income$3,242$3,410$3,549
Distributable Amount$28,149$29,144$29,358

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$38K11 grants20209 grants20217 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EASTERN KENTUCKY UNIVERS…$6KMIDWAY UNIVERSITY$4KNORTHERN KENTUCKY UNIVER…$4KUNIVERSITY OF KENTUCKY$4KBLUEGRASS COMMUNITY & TE…$2KIVY TECH COMMUNITY COLLEGE$2KJEFFERSON COMMUNITY & TE…$2KNKDH SCHOOL OF RADIOLOGI…$2KTROY UNIVERSITY$2KWESTERN KENTUCKY UNIVERS…$2K

Grant Size Distribution

48 grants across all recorded years

48<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Eastern Kentucky University ($6,000), Midway University ($4,000), Northern Kentucky University ($4,000).

RecipientPurposeAmount
BLUEGRASS COMMUNITY & TECHNICAL COLLEGE LEXINGTON, KYSCHOLARSHIPS$2,000
EASTERN KENTUCKY UNIVERSITY RICHMOND, KYSCHOLARSHIPS$6,000
HENDERSON COMMUNITY COLLEGE HENDERSON, KYSCHOLARSHIPS$1,000
IVY TECH COMMUNITY COLLEGE JEFFERSONVILLE, INSCHOLARSHIPS$2,000
JEFFERSON COMMUNITY & TECHNICAL COLLEGE LOUISVILLE, KYSCHOLARSHIPS$2,000
MIDWAY UNIVERSITY MIDWAY, KYSCHOLARSHIPS$4,000
NKDH SCHOOL OF RADIOLOGIC TECHNOLOGY MADISON, INSCHOLARSHIPS$2,000
NORTHERN KENTUCKY UNIVERSITY HIGHLAND HEIGHTS, KYSCHOLARSHIPS$4,000
TROY UNIVERSITY TROY, ALSCHOLARSHIPS$2,000
UNIVERSITY OF KENTUCKY LEXINGTON, KYSCHOLARSHIPS$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NEIL S BRYANSECRETARY/TREASURER3
ZANE PEYTONPRESIDENT2
TRACY CARPENTERDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Raymond & Mary D Barnett Foundation?

Raymond & Mary D Barnett Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILTON, KY. It holds $520K in total assets as of 2024.

How large is Raymond & Mary D Barnett Foundation?

As of 2024, Raymond & Mary D Barnett Foundation holds $520K in total assets with $3K in annual revenue. It awarded 11 grants totaling $31K in 2024.

Where does Raymond & Mary D Barnett Foundation operate?

Raymond & Mary D Barnett Foundation has awarded grants in Alabama, Indiana, Kansas, Kentucky.

What size grants does Raymond & Mary D Barnett Foundation award?

In 2024, Raymond & Mary D Barnett Foundation awarded 11 grants totaling $31K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Raymond & Mary D Barnett Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond & Mary D Barnett Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Raymond & Mary D Barnett Foundation's EIN?

Raymond & Mary D Barnett Foundation's EIN (Employer Identification Number) is 61-1371025. IRS Form 990 filing data is available on this page for 2020–2024.

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

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