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Clayton And Louise Ray Memorial Scholarship Fund is a private trust based in MACOMB, IL. The foundation received its IRS ruling in 2005. The principal officer is % Midamerica National Bank. It holds total assets of $79K. Annual income is reported at $25K. THE TRUST AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. According to available records, Clayton And Louise Ray Memorial Scholarship Fund has made 5 grants totaling $14K, with a median grant of $2K. Annual giving has grown from $3K in 2020 to $6K in 2022. Individual grants have ranged from $2K to $5K, with an average award of $3K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
THE TRUST AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE
Expenses: $5K
THE TRUST AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in IL.
Clayton And Louise Ray Memorial Scholarship Fund has distributed a total of $14K across 5 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $2K to $5K.
The application deadline is April 1st. Applicants must be graduates of Canton High School who attend college.
Clayton And Louise Ray Memorial Scholarship Fund is headquartered in MACOMB, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Midamerica National Bank | Trustee | $901 | $0 | $901 |
Total Giving
$7K
Total Assets
$81K
Fair Market Value
$98K
Net Worth
$81K
Grants Paid
$5K
Contributions
$0
Net Investment Income
$2K
Distribution Amount
$5K
Total Grants
5
Total Giving
$14K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
4
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Joseph FergussonSCHOLARSHIP | Canton, IL | $2K | 2022 |
| Kaitlin SmithSCHOLARSHIP | Canton, IL | $2K | 2022 |
| Ella WheelerSCHOLARSHIPS | Canton, IL | $2K | 2022 |
| Alana FooseSCHOLARSHIP | Canton, IL | $5K | 2021 |
CANTON, IL
MIDLAND, TX
ST ELIZABETH, MO
CHATTANOOGA, TN
MIDDLEPORT, OH
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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