Also known as: Educational Trust
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Ethan Allen Johnson And Caroline H Johnson Educational Trust is a private trust based in DECATUR, IL. The foundation received its IRS ruling in 1988. The principal officer is First Mid Wealth Management. It holds total assets of $791K. Annual income is reported at $158K. The foundation is governed by 1 officer or trustee. Grants to be used as scholarships were made to various colleges and universities during 2022 as shown on page 1, line 25 and on the attached supporting schedule. Tax records are available from 2020 to 2023. According to available records, Ethan Allen Johnson And Caroline H Johnson Educational Trust has made 11 grants totaling $176K, with a median grant of $6K. Annual giving has grown from $48K in 2020 to $61K in 2023. Grantmaking activity was highest in 2022 with $68K distributed across 2 grants. Individual grants have ranged from $6K to $48K, with an average award of $16K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Illinois, Mississippi, Wisconsin, which account for 73% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Grants to be used as scholarships were made to various colleges and universities during 2021 as shown on page 1, line 25 and on the attached supporting schedule.
Expenses: $30K
Grants to be used as scholarships were made to various colleges and universities during 2022 as shown on page 1, line 25 and on the attached supporting schedule. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IL, MS, WI.
Ethan Allen Johnson And Caroline H Johnson Educational Trust has distributed a total of $176K across 11 grants. The median grant size is $6K, with an average of $16K. Individual grants have ranged from $6K to $48K.
The application deadline is YES, AS DETERMINED ON AN ANNUAL BASIS. Restricted to residents of kankakee county, illinois under age 22.
Ethan Allen Johnson And Caroline H Johnson Educational Trust is headquartered in DECATUR, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Mid Wealth Management Co | TRUSTEE | $12K | $0 | $12K |
Total Giving
$74K
Total Assets
$796K
Fair Market Value
$1.1M
Net Worth
$796K
Grants Paid
$61K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$55K
Total Grants
11
Total Giving
$176K
Average Grant
$16K
Median Grant
$6K
Unique Recipients
9
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of AlabamaSCHOLARSHIPS | Tuscaloosa, AL | $6K | 2023 |
| University Of Illinois - SpringfieldSCHOLARSHIPS | Springfield, IL | $17K | 2023 |
| Olivet Nazarene UniversitySCHOLARSHIPS | Bourbonnais, IL | $11K | 2023 |
| Michigan Technological UniversitySCHOLARSHIPS | Houghton, MI | $6K | 2023 |
| University Of MississippiSCHOLARSHIPS | University, MS | $6K | 2023 |
| Bradley UniversitySCHOLARSHIPS | Peoria, IL | $6K | 2023 |
| University Of Wisconsin - MadisonSCHOLARSHIPS | Madison, WI | $6K | 2023 |
| Harvard UniversitySCHOLARSHIPS | Cambridge, MA | $6K | 2023 |
| See AttachedSCHOLARSHIP | See Attached, IL | $34K | 2022 |