The Thomas B and Michael F Barnett
The Thomas B and Michael F Barnett is a private foundation, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $686K in total assets. In 2024, it awarded 3 grants totaling $55K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$686K
-6.0% YoY
Annual Giving
$55K
+12.4% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$18K
-25.1% YoY
About The Thomas B and Michael F Barnett
Based on IRS filings
The Thomas B and Michael F Barnett is a private foundation, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $686K in total assets. In 2024, it awarded 3 grants totaling $55K. Net investment income was $5K.
Ready to take the next step with The Thomas B and Michael F Barnett?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $686,214 | $730,064 | $796,979 |
| Revenue | $25,267 | $-1,531 | $18,443 |
| Expenses | $69,119 | $64,879 | $47,147 |
| Qualifying Distributions | $55,072 | $49,000 | $32,800 |
| Net Investment Income | $4,993 | $1,932 | $9,829 |
| Distributable Amount | $1,286 | $39,197 | $44,603 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OAKWORTH CAPITAL BANK | TRUSTEE | 1 | $6,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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