Also known as: Charitable Trust
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Donald L Abbott Perpetual Charitable Trust is a private trust based in TERRE HAUTE, IN. The foundation received its IRS ruling in 2016. The principal officer is Pontiac National Bank Ttee. It holds total assets of $2.8M. Annual income is reported at $2.8M. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Illinois and Iowa. According to available records, Donald L Abbott Perpetual Charitable Trust has made 45 grants totaling $373K, with a median grant of $10K. Annual giving has grown from $100K in 2021 to $123K in 2023. Grantmaking activity was highest in 2022 with $150K distributed across 15 grants. Individual grants have ranged from $3K to $11K, with an average award of $8K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Illinois, Iowa, Ohio, which account for 84% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$8K
Based on 25 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Donald L Abbott Perpetual Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in IL, IA, OH.
Donald L Abbott Perpetual Charitable Trust has distributed a total of $373K across 45 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $3K to $11K.
The application deadline is March 1. Applicant must be student graduating from high schools in Pontiac, Livingston County, Illinois, and El Paso, Woodford County, Illinois school districts. Scholarships may be awarded to cover up to 2 years of the cost of education, including but not limited to tuition, room and board for those individuals studying in the fields of medicine, mathematics and nursing.
Donald L Abbott Perpetual Charitable Trust is headquartered in TERRE HAUTE, IN. While based in IN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Financial Bank Na | Trustee | $6K | $0 | $6K |
| Brian Kurz | Board Member | $0 | $0 | N/A |
| Brian Quam - Ep-Ghs | Board Member | $0 | $0 | N/A |
| Shanon Mcmasters | Trustee | $0 | $0 | N/A |
| Jon Kilgore - Pths | Board Member | $0 | $0 | N/A |
| Lisa Meyer - Pths | Board Member | $0 | $0 | N/A |
Total Giving
$150K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$123K
Contributions
N/A
Net Investment Income
$56K
Distribution Amount
$142K
Total: N/A
Total Grants
45
Total Giving
$373K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
33
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bradley University Fbo Anna StevensEducation | Peoria, IL | $10K | 2023 |
| Illinois Wesleyan University Fbo SaEducation | Bloomington, IL | $10K | 2023 |
| University Of Alabama Fbo Justin HaEducation | Huntsville, AL | $10K | 2023 |
| Southern Illinois University Fbo AbEducation | Carbondale, IL | $10K | 2023 |
| Illinois State University Fbo AllisEducation | Normal, IL | $10K | 2023 |
| Cedarville University Fbo Emma DewaEducation | Cedarville, OH | $10K | 2023 |
| Univeristy Of Kentucky Fbo CassidyEducation | Lexington, KY | $6K | 2023 |
| Illinois State University Fbo ConraEducation | Normal, IL | $6K | 2023 |
| Illinois State University Fbo EllieEducation | Normal, IL | $6K | 2023 |
| Heartland Community College Fbo JorEducation | Normal, IL | $6K | 2023 |
| Loras College Fbo Emma NelsonEducation | Dubuque, IA | $6K | 2023 |
| Illinois Wesleyan University Fbo SyEducation | Bloomington, IL | $6K | 2023 |
| Illinois State University Fbo WilliEducation | Normal, IL | $6K | 2023 |
| Eureka College Fbo Jordyn CoppejansEducation | Eureka, IL | $3K | 2023 |
| University Of Mississippi Fbo MaciEducation | University, IL | $3K | 2023 |
| Heartland Community College Fbo BryEducation | Normal, IL | $3K | 2023 |
| Heartland Community College Fbo AnnEducation | Normal, IL | $3K | 2023 |
| University Of Dayton Fbo Logan BarnEducation | Dayton, OH | $3K | 2023 |
| Southern Illinois University Fbo KyEducation | Carbondale, IL | $3K | 2023 |
| Hope College Fbo Brooke E FoxEducation | Holland, MI | $3K | 2023 |
| Illinois College Fbo Jordyn CannonEducation | Jacksonville, IL | $11K | 2022 |
| Illinois State University Fbo SydneEducation | Normal, IL | $11K | 2022 |
| Olivet Nazarene University Fbo ConnEducation | Bourbonnais, IL | $11K | 2022 |
| Olivet Nazarene University Fbo TrisEducation | Bourbonnais, IL | $11K | 2022 |
| Heartland Community College Fbo TreEducation | Normal, IL | $7K | 2022 |
| Heartland Community College Fbo MikEducation | Normal, IL | $7K | 2022 |
| Southern Illinois University Fbo BrEducation | Carbondale, IL | $10K | 2021 |
| St Ambrose University Fbo MaddisonEducation | Davenport, IA | $10K | 2021 |
| St Olaf College Fbo Samantha J MehrEducation | Northfield, MN | $10K | 2021 |
| Central College Fbo Clare E VogelEducation | Pella, IA | $10K | 2021 |
| University Of Wisconsin Milwaukee FEducation | Milwaukee, WI | $10K | 2021 |
| University Of Illinois Fbo CorrineEducation | Champaign, IL | $10K | 2021 |
| Olivet Nazarene University Fbo EmmaEducation | Bourbonnais, IL | $10K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN