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Also known as: FOUNDATION
Verl I Brooks Scholarship Foundation is a private trust based in GALESBURG, IL. The foundation received its IRS ruling in 1994. The principal officer is % Arnold R Bonnett Trustee. It holds total assets of $1.6M. Annual income is reported at $355K. CHARITABLE ACTIVITIES ARE LIMITED TO THE PROVISION OF SCHOLARSHIPS TO QUALIFIED STUDENTS PURSUANT TO THE TERMS OF THE TRUST DOCUMENT. 21 SCHOLARSHIPS WERE APPROVED FOR THE 2021-2022 SCHOOL YEAR TOTALING 81,062. According to available records, Verl I Brooks Scholarship Foundation has made 59 grants totaling $270K, with a median grant of $4K. Annual giving has decreased from $159K in 2022 to $111K in 2023. Individual grants have ranged from $925 to $22K, with an average award of $5K. The foundation has supported 24 unique organizations. Grants have been distributed to organizations in Illinois and Minnesota. Contributions to this foundation are tax-deductible.
CHARITABLE ACTIVITIES ARE LIMITED TO THE PROVISION OF SCHOLARSHIPS TO QUALIFIED STUDENTS PURSUANT TO THE TERMS OF THE TRUST DOCUMENT. 21 SCHOLARSHIPS WERE APPROVED FOR THE 2021-2022 SCHOOL YEAR TOTALING 81,062.
CHARITABLE ACTIVITIES ARE LIMITED TO THE PROVISION OF SCHOLARSHIPS TO QUALIFIED STUDENTS PURSUANT TO THE TERMS OF THE TRUST DOCUMENT. 21 SCHOLARSHIPS WERE APPROVED FOR THE 2021-2022 SCHOOL YEAR TOTALING 81,062. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in IL, MN.
Verl I Brooks Scholarship Foundation has distributed a total of $270K across 59 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $925 to $22K.
The application deadline is JUNE 1ST OF EACH YEAR. RESIDENCE IN RIVOLA TOWNSHIP, MERCER COUNTY, ILLINOIS FOR AT LEAST TWO YEARS PRIOR TO HIGH SCHOOL GRADUATION.
Verl I Brooks Scholarship Foundation is headquartered in GALESBURG, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judy Diemer | FOUNDATION M | $21K | $0 | $21K |
| Michael Schaubroeck | TRUSTEE | $4K | $0 | $4K |
| Thomas Bischoff | TRUSTEE | $4K | $0 | $4K |
Total Giving
$143K
Total Assets
$1.7M
Fair Market Value
$2.6M
Net Worth
$1.7M
Grants Paid
$111K
Contributions
$0
Net Investment Income
$184K
Distribution Amount
$127K
Total: $918K
Total Grants
59
Total Giving
$270K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
24
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wilson AlexEDUCATION | New Windsor, IL | $22K | 2023 |
| Hatlestad KatelinEDUCATION | New Windsor, IL | $13K | 2023 |
| Johnson ElainaEDUCATION | New Windsor, IL | $10K | 2023 |
| Elsbury KylaEDUCATION | New Windsor, IL | $10K | 2023 |
| Robb CaitlynEDUCATION | New Windsor, IL | $8K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Streeter ColtonEDUCATION |
| New Windsor, IL |
| $7K |
| 2023 |
| Ernst Carlee KnessEDUCATION | Foley, MN | $7K | 2023 |
| Rivoli Fire Protection DistrictPUBLIC SAFETY | New Windsor, IL | $6K | 2023 |
| Viager BriarEDUCATION | New Windsor, IL | $6K | 2023 |
| Willems KarissaEDUCATION | New Windsor, IL | $4K | 2023 |
| Ryan AlexisEDUCATION | New Windsor, IL | $4K | 2023 |
| Kaur HarsimranEDUCATION | New Windsor, IL | $3K | 2023 |
| Woodward MadisonEDUCATION | New Windsor, IL | $3K | 2023 |
| Litton KassidyEDUCATION | New Windsor, IL | $3K | 2023 |
| Ryner LilyEDUCATION | New Windsor, IL | $3K | 2023 |
| Diehl GuinevereEDUCATION | New Windsor, IL | $2K | 2023 |
| Shields AlexisEDUCATION | New Windsor, IL | $925 | 2023 |
| Weber AnnEDUCATION | Sherrard, IL | $4K | 2022 |
| Singh HarpreetEDUCATION | New Windsor, IL | $3K | 2022 |
| Ryan AddisonEDUCATION | New Windsor, IL | $3K | 2022 |
| Molberg EmmaEDUCATION | New Windsor, IL | $3K | 2022 |
| Streeter TaylerEDUCATION | New Windsor, IL | $2K | 2022 |
| Tornquist SylyceEDUCATION | New Windsor, IL | $2K | 2022 |
| Galluagher JoelleEDUCATION | Viola, IL | $1K | 2022 |
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