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Also known as: FIRST MID WEALTH MGMT CO TRUSTEE
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Mercedes Hoag Charitable Trust No 89135 is a private trust based in MATTOON, IL. The foundation received its IRS ruling in 1991. The principal officer is First National Lbank Matton Ttee. It holds total assets of $757K. Annual income is reported at $481K. Total assets have decreased from $1.5M in 2011 to $757K in 2024. The foundation is governed by 2 officers and trustees. Contributions to organizations as listed on part xiv. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Illinois. According to available records, Mercedes Hoag Charitable Trust No 89135 has made 39 grants totaling $505K, with a median grant of $11K. Annual giving has grown from $140K in 2021 to $225K in 2024. Individual grants have ranged from $2K to $45K, with an average award of $13K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$11K
Average Grant
$11K
Largest Grant
$28K
Based on 13 grants from the most recent 990-PF filing.
Contributions to organizations as listed on part xiv
Expenses: $140K
Accounting fees - 1,025; trustee fees - 4,809
Expenses: $6K
Contributions to organizations as listed on part xiv. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in IL.
Mercedes Hoag Charitable Trust No 89135 has distributed a total of $505K across 39 grants. The median grant size is $11K, with an average of $13K. Individual grants have ranged from $2K to $45K.
Mercedes Hoag Charitable Trust No 89135 typically selects its grantees rather than accepting unsolicited proposals.
Mercedes Hoag Charitable Trust No 89135 is headquartered in MATTOON, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fmwm Co Trustee Fees | TRUSTEE | $15K | $0 | $15K |
| Fmwm Co Management Fees | TRUSTEE | $4K | $0 | $4K |
Total Giving
N/A
Total Assets
$757K
Fair Market Value
N/A
Net Worth
$757K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
39
Total Giving
$505K
Average Grant
$13K
Median Grant
$11K
Unique Recipients
13
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Calvary CemeteryOPERATING EXPENSES | Mattoon, IL | $23K | 2024 |
| Quincy UniversitySCHOLARSHIPS | Quincy, IL | $45K | 2024 |
| Immaculate Conception ChurchOPERATING EXPENSES/SPECIAL OFFERINGS | Mattoon, IL | $34K | 2024 |
| Diocese Of SpringfieldOPERATING EXPENSES | Springfield, IL | $34K | 2024 |
| St John'S School Of NursingSCHOLARSHIPS | Springfield, IL | $23K | 2024 |
| The Congregation Of The 3rd OrderOPERATING EXPENSES | Joliet, IL | $23K | 2024 |
| Knights Of Columbus 1057CHARITABLE PROJECTS | Mattoon, IL | $17K | 2024 |
| Presence Covenant Medical CenterOPERATING EXPENSES | Urbana, IL | $11K | 2024 |
| Mattoon Community Food CenterOPERATING EXPENSES | Mattoon, IL | $3K | 2024 |
| Camp New HopeOPERATING EXPENSES | Mattoon, IL | $3K | 2024 |
| Coles Co Council On AgingOPERATING EXPENSES | Charleston, IL | $3K | 2024 |
| Mid-Il Big Brother Big SistersOPERATING EXPENSES | Charleston, IL | $3K | 2024 |
| The HavenOPERATING EXPENSES | Mattoon, IL | $3K | 2024 |