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First Bancshares Inc. is a private trust based in MATTOON, IL. The foundation received its IRS ruling in 1995. It holds total assets of $610K. Annual income is reported at $728K. According to available records, First Bancshares Inc. has made 30 grants totaling $1.9M, with a median grant of $14K. Annual giving has grown from $329K in 2020 to $1.2M in 2023. Individual grants have ranged from $5K to $500K, with an average award of $65K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Illinois and Missouri. Contributions to this foundation are tax-deductible.
First Bancshares Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IL, MO.
First Bancshares Inc. has distributed a total of $1.9M across 30 grants. The median grant size is $14K, with an average of $65K. Individual grants have ranged from $5K to $500K.
First Bancshares Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (371339718) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
First Bancshares Inc. is headquartered in MATTOON, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Mid Wealth Management Company | TRUSTEE | $11K | $0 | $11K |
Total Giving
$634K
Total Assets
$436K
Fair Market Value
$443K
Net Worth
$436K
Grants Paid
$623K
Contributions
$0
Net Investment Income
$14K
Distribution Amount
$28K
Total: $416K
Total Grants
30
Total Giving
$1.9M
Average Grant
$65K
Median Grant
$14K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mattoon Sports Complex IncUNRESTRICTED GIFT | Mattoon, IL | $500K | 2023 |
| Eastern Illinois University FoundationUNRESTRICTED GIFT | Charleston, IL | $50K | 2023 |
| Mac Sports FoundationUNRESTRICTED GIFT | St Louis, MO | $25K | 2023 |
| Metropolitan St Louis Equal Housing And Opportunity CouncilUNRESTRICTED GIFT | St Louis, MO | $15K | 2023 |
| Trail Recreation Effingham CountyUNRESTRICTED GIFT | Effingham, IL | $15K |
DURANGO, CO
MILWAUKEE, WI
FORT WORTH, TX
SAINT LOUIS, MO
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Arcola Foundation Palace FundUNRESTRICTED GIFT | Arcola, IL | $8K | 2023 |
| Woodstock InstituteUNRESTRICTED GIFT | Chicago, IL | $5K | 2023 |
| Mattoon Community Unit School District #2UNRESTRICTED GIFT | Mattoon, IL | $5K | 2023 |
| Griot Museum Of Black HistoryUNRESTRICTED GIFT | St Louis, MO | $10K | 2022 |
| The Eagle Foundation IncUNRESTRICTED GIFT | Ashland, MO | $10K | 2022 |
| City Of MattoonUNRESTRICTED GIFT | Mattoon, IL | $14K | 2020 |
| Southeastern Il Community FoundationUNRESTRICTED GIFT | Effingham, IL | $10K | 2020 |
| Illinois Amish Heritage CenterUNRESTRICTED GIFT | Arthur, IL | $5K | 2020 |
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