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Grace E Buchanan Memorial Fuund Inc. is a private corporation based in MONMOUTH, IL. The foundation received its IRS ruling in 1986. It holds total assets of $895K. Annual income is reported at $38K. TO PROMOTE EDUCATION CONCERNING, PARTICIPATION IN, AND THE ENJOYMENT OF FINE ARTS(INCLUDING BUT NOT LIMITED TO, THE ARTS OF PAINTING, DRAWING AND SCULPTURE, MUSIC AND CERAMICS) AND TO PROMOTE THE DISPLAY OF SUCH ART OBJECTS AND MUSICAL PERFORMANCES IN WARREN COUNTY, ILLINOIS; TO PROMOTE THE SPREAD OF KNOWLEDGE OF THE FINE ARTS, AND THE CREATION, APPRECIATION AND PARTICIPATION IN THE ARTS, AS CREATORS, PERFORMERS OR OBSERVERS, BY THE GENERAL PUBLIC AND PARTICULARLY BY RESIDENTS OF WARREN COUNTY, ILLINOIS; TO EMPLOY ON A TEMPORARY, PART TIME OR FULL TIME BASIS SUCH PROFESSIONAL, SEMI-PROFESSIONAL OR AMATEUR ARTISIANS WHO THE TRUSTEES CONSIDER WILL ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES HERIN SET FORTH. According to available records, Grace E Buchanan Memorial Fuund Inc. has made 4 grants totaling $104K, with a median grant of $24K. Annual giving has decreased from $36K in 2020 to $20K in 2023. Grantmaking activity was highest in 2022 with $48K distributed across 2 grants. Individual grants have ranged from $20K to $36K, with an average award of $26K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
TO PROMOTE EDUCATION CONCERNING, PARTICIPATION IN, AND THE ENJOYMENT OF FINE ARTS(INCLUDING BUT NOT LIMITED TO, THE ARTS OF PAINTING, DRAWING AND SCULPTURE, MUSIC AND CERAMICS) AND TO PROMOTE THE DISPLAY OF SUCH ART OBJECTS AND MUSICAL PERFORMANCES IN WARREN COUNTY, ILLINOIS; TO PROMOTE THE SPREAD OF KNOWLEDGE OF THE FINE ARTS, AND THE CREATION, APPRECIATION AND PARTICIPATION IN THE ARTS, AS CREATORS, PERFORMERS OR OBSERVERS, BY THE GENERAL PUBLIC AND PARTICULARLY BY RESIDENTS OF WARREN COUNTY, ILLINOIS; TO EMPLOY ON A TEMPORARY, PART TIME OR FULL TIME BASIS SUCH PROFESSIONAL, SEMI-PROFESSIONAL OR AMATEUR ARTISIANS WHO THE TRUSTEES CONSIDER WILL ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES HERIN SET FORTH.
Expenses: $24K
TO PROMOTE EDUCATION CONCERNING, PARTICIPATION IN, AND THE ENJOYMENT OF FINE ARTS(INCLUDING BUT NOT LIMITED TO, THE ARTS OF PAINTING, DRAWING AND SCULPTURE, MUSIC AND CERAMICS) AND TO PROMOTE THE DISPLAY OF SUCH ART OBJECTS AND MUSICAL PERFORMANCES IN WARREN COUNTY, ILLINOIS; TO PROMOTE THE SPREAD OF KNOWLEDGE OF THE FINE ARTS, AND THE CREATION, APPRECIATION AND PARTICIPATION IN THE ARTS, AS CREATORS, PERFORMERS OR OBSERVERS, BY THE GENERAL PUBLIC AND PARTICULARLY BY RESIDENTS OF WARREN COUNTY, ILLINOIS; TO EMPLOY ON A TEMPORARY, PART TIME OR FULL TIME BASIS SUCH PROFESSIONAL, SEMI-PROFESSIONAL OR AMATEUR ARTISIANS WHO THE TRUSTEES CONSIDER WILL ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES HERIN SET FORTH. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Grace E Buchanan Memorial Fuund Inc. has distributed a total of $104K across 4 grants. The median grant size is $24K, with an average of $26K. Individual grants have ranged from $20K to $36K.
Grace E Buchanan Memorial Fuund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Grace E Buchanan Memorial Fuund Inc. is headquartered in MONMOUTH, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chris Ayers | SECRETARY | $0 | $0 | $0 |
| Michael Pearson | DIRECTOR | $0 | $0 | $0 |
| Mike Lewis | DIRECTOR | $0 | $0 | $0 |
| Richard Whitman | DIRECTOR | $0 | $0 | $0 |
| Mark Wilhardt | DIRECTOR | $0 | $0 | $0 |
| Judy Mahoney |
Total Giving
$35K
Total Assets
$888K
Fair Market Value
$858K
Net Worth
$888K
Grants Paid
$20K
Contributions
$0
Net Investment Income
$22K
Distribution Amount
$43K
Total: $259K
Total Grants
4
Total Giving
$104K
Average Grant
$26K
Median Grant
$24K
Unique Recipients
3
Most Common Grant
$24K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace Buchanan Center For PerformiFOR THE ARTS | Monmouth, IL | $20K | 2023 |
| Direct DistributionsFINE ARTS FOR ALL PERSONS | Monmouth, IL | $24K | 2022 |
| Buchanan Center For ArtsFINE ARTS FOR ALL PERSONS. | Monmouth, IL | $36K | 2020 |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Colleen Cramblet | PRESIDENT | $0 | $0 | $0 |
| Aaron Jensen | TREASURER | $0 | $0 | $0 |
| Dorothy Rickets | DIRECTOR | $0 | $0 | $0 |
| Alan Kulczewski | DIRECTOR | $0 | $0 | $0 |
| John D Turnbull | DIRECTOR | $0 | $0 | $0 |
| Jamie Martin | DIRECTOR | $0 | $0 | $0 |
| Dr Steve Murmann | DIRECTOR | $0 | $0 | $0 |
| William Smith | DIRECTOR | $0 | $0 | $0 |
| Amy Mckenna | VICE-PRESIDENT | $0 | $0 | $0 |
| Susan Twomey | DIRECTOR | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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