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Nonprofit · EIN 84-2579585

BARNES FAMILY FOUNDATION

Tax-exempt · ISLE OF PALMS, SC 29451

Financials

$24K$31K2022$53K$37K2023$60K$56K2024$66K$69K2025
Revenue Expenses · by fiscal year end
Financials of BARNES FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$65,614$68,500-$2,886$418,910$0$418,910
December 31, 2024990-PF$59,803$56,050$3,753$444,245$0$444,245
December 31, 2023990-PF$52,954$36,940$16,014$451,327$0$451,327
December 31, 2022990-PF$24,348$31,000-$6,652$443,148$0$433,833
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$35,068
Dividends
$11,089
Net gain from sales of assets
$19,457

Expenses

Grants and similar amounts paid
$59,000
Disbursements for charitable purposes
$59,000
Excise tax on investment income
$293

Balance sheet and other

Total assets, start of year
$444,245
Total assets, end of year
$418,910
Total liabilities, end of year
$0
Net assets, end of year
$418,910
Fair market value of assets
$1,084,791
Qualifying distributions
$59,000
Net investment income
$30,546

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KENNETH W BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR0$0
BRETT W BARNES
408 PALM BLVD, ISLE OF PALMS, SC 29451
DIRECTOR0$0
CHRIS A BARNES
924 TROWMAN LANE, MOUNT PLEASANT, SC 29464
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
KENNETH W BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR1$0
BRETT W BARNES
408 PALM BLVD, ISLE OF PALMS, SC 29451
DIRECTOR1$0
CHRIS A BARNES
2840 RIVER VISTA WAY, MOUNT PLEASANT, SC 29466
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KENNETH W BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR1$0
MARGARET A BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR1$0
BRETT W BARNES
408 PALM BLVD, ISLE OF PALMS, SC 29451
DIRECTOR1$0
CHRIS A BARNES
2840 RIVER VISTA WAY, MOUNT PLEASANT, SC 29466
DIRECTOR1$0
990-PF for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
KENNETH W BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR0$0
MARGARET A BARNES
1510 OLD ROSEBUD TRAIL, AWENDAW, SC 29429
DIRECTOR0$0
BRETT W BARNES
408 PALM BLVD, ISLE OF PALMS, SC 29451
DIRECTOR0$0
CHRIS A BARNES
2840 RIVER VISTA WAY, MOUNT PLEASANT, SC 29466
DIRECTOR0$0

Address and contacts

Address (IRS master file)
408 PALM BLVD, ISLE OF PALMS, SC 29451-2146
In care of
% KENNETH W BARNES
Signed the 990-PF
BRETT W BARNES, DIRECTOR
Phone
(843) 388-7991
Return prepared by
DRAFFIN & TUCKER LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-2579585
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$418,910
Income (IRS master file)
$101,039

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$65,614$68,500$418,910IRS
990-PFDecember 2024$59,803$56,050$444,245XML
990-PFDecember 2023$52,954$36,940$451,327IRS
990-PFDecember 2022$24,348$31,000$443,148XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2579585).

Questions about BARNES FAMILY FOUNDATION

What is the EIN of BARNES FAMILY FOUNDATION?
The employer identification number (EIN) of BARNES FAMILY FOUNDATION is 84-2579585.
Is BARNES FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to BARNES FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BARNES FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BARNES FAMILY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BARNES FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of BARNES FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does BARNES FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $65,614, expenses of $68,500 and total assets of $418,910 at year end.

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