//
Also known as: FIRST MID WEALTH MANAGEMENT COMPANY
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Barger Family Charitable Foundation Trust is a private trust based in MATTOON, IL. The foundation received its IRS ruling in 2009. The principal officer is First Mid- Illinois Bank And Trus. It holds total assets of $205K. Annual income is reported at $263K. Total assets have decreased from $240K in 2010 to $180K in 2022. The foundation is governed by 1 officer or trustee. Administrative expenses related to administration for scholarships: trustee fees 1,450 professional fees 650 scholarship processing fees 30. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Barger Family Charitable Foundation Trust has made 29 grants totaling $31K, with a median grant of $800. The foundation has distributed between $7K and $9K annually from 2020 to 2023. Individual grants have ranged from $363 to $5K, with an average award of $1K. The foundation has supported 19 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$875
Median Grant
$875
Average Grant
$917
Largest Grant
$1K
Based on 9 grants from the most recent 990-PF filing.
Administrative expenses related to administration for scholarships: trustee fees 1,450 professional fees 650 scholarship processing fees 30
Expenses: $2K
Scholarships (see attached schedule of recipients) awarded to students attending various institutions
Expenses: $7K
First baptist church donation
Expenses: $1K
Administrative expenses related to administration for scholarships: trustee fees 1,450 professional fees 650 scholarship processing fees 30. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in IL.
Barger Family Charitable Foundation Trust has distributed a total of $31K across 29 grants. The median grant size is $800, with an average of $1K. Individual grants have ranged from $363 to $5K.
The application deadline is MARCH 15TH EACH YEAR. Graduating seniors from mattoon high school, charleston high school, cumberland high school and neoga high school.
Barger Family Charitable Foundation Trust is headquartered in MATTOON, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Mid Wealth Management Co | TRUSTEE | $3K | $0 | $3K |
Total Giving
$10K
Total Assets
$180K
Fair Market Value
$189K
Net Worth
$180K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$10K
Total Grants
29
Total Giving
$31K
Average Grant
$1K
Median Grant
$800
Unique Recipients
19
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchYOUTH AND ELDERLY PROGRAM EXPENSES | Mattoon, IL | $1K | 2022 |
| Matthew CarpenterSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Canyn BorntragerSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Hannah SpainSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Abbigail KeppSCHOLARSHIP | Neoga, IL | $700 | 2023 |
| Pat EastinSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Quentin WrightSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Macayla FinleySCHOLARSHIP | Charleston, IL | $700 | 2023 |
| Logan MacdonaldSCHOLARSHIP | Mattoon, IL | $700 | 2023 |
| Tania ArmstrongSCHOLARSHIP | Charleston, IL | $700 | 2023 |
| Ila RichterSCHOLARSHIP | Lerna, IL | $700 | 2023 |
| Eli EnnisSCHOLARSHIP | Charleston, IL | $875 | 2022 |
| Emma MetzgerSCHOLARSHIP | Charleston, IL | $875 | 2022 |
| Daniel CarpenterSCHOLARSHIP | Mattoon, IL | $875 | 2022 |
| Aaron HarrellSCHOLARSHIP | Casey, IL | $875 | 2022 |
| Kyler SweeneySCHOLARSHIP | Charleston, IL | $875 | 2022 |
| Martin RappeSCHOLARSHIP | Mattoon, IL | $800 | 2020 |
| Annabelle BeckerSCHOLARSHIP | Mattoon, IL | $800 | 2020 |
| Lane GassSCHOLARSHIP | Mattoon, IL | $800 | 2020 |