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Also known as: Hickory Point Bank and Trust
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Georgine B Mcdonald Trust is a private corporation based in DECATUR, IL. The foundation received its IRS ruling in 2006. The principal officer is Hickory Point Bank. It holds total assets of $267K. Annual income is reported at $13K. Total assets have decreased from $435K in 2011 to $276K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and California. According to available records, Georgine B Mcdonald Trust has made 23 grants totaling $41K, with a median grant of $1K. Annual giving has decreased from $27K in 2022 to $14K in 2023. Individual grants have ranged from $917 to $6K, with an average award of $2K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Illinois and California and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$3K
Based on 8 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.
Georgine B Mcdonald Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in IL, CA, IN.
Georgine B Mcdonald Trust has distributed a total of $41K across 23 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $917 to $6K.
The application deadline is SEE ANNUAL NEWSPAPER PUBLICATION FOR CRITERIA. Students must reside in douglas county, il and be entering fields of medicine, agriculture, literature, or fine arts.
Georgine B Mcdonald Trust is headquartered in DECATUR, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hickory Point Bank | TRUSTEE | $3K | $0 | $3K |
Total Giving
$18K
Total Assets
$276K
Fair Market Value
$275K
Net Worth
$276K
Grants Paid
$14K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$14K
Total: $242K
Total Grants
23
Total Giving
$41K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
13
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastern Illinois UniversitySCHOLARSHIPS | Charleston, IL | $6K | 2023 |
| Parkland CollegeSCHOLARSHIPS | Champaign, IL | $3K | 2023 |
| Millikin UniversitySCHOLARSHIPS | Decatur, IL | $2K | 2023 |
| Indiana State UniversitySCHOLARSHIPS | Terre Haute, IN | $917 | 2023 |
| Southern Illinois University - CarbondaleSCHOLARSHIPS | Carbondale, IL | $917 | 2023 |
| Lakeland CollegeSCHOLARSHIPS | Mattoon, IL | $917 | 2023 |
| University Of Illinois - Urbana ChampaignSCHOLARSHIPS | Urbana, IL | $917 | 2023 |
| Lake Land CollegeSCHOLARSHIP | Mattoon, IL | $3K | 2022 |
| Illinois Wesleyan UniversitySCHOLARSHIP | Bloomington, IL | $1K | 2022 |
| Ui-UrbanachampaignSCHOLARSHIP | Urbana, IL | $1K | 2022 |
| Stanford UniversitySCHOLARSHIP | Standford, CA | $1K | 2022 |
| Siu-CarbondaleSCHOLARSHIP | Carbondale, IL | $1K | 2022 |
| Lincoln Land Community CollegeSCHOLARSHIP | Springfield, IL | $1K | 2022 |