Anna B Welch Memorial Trust
The Anna B Welch Memorial Trust is a private foundation established in 1990 and located in Mattoon, Illinois. The trust is administered by First Mid Wealth Management as trustee. It operates as a 501(c)(3) private foundation with no employees.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
-2.6% YoY
Annual Giving
$81K
-7.9% YoY
Grant Count
27
-34.1% YoY
Avg Grant Size
$3K
+39.8% YoY
Mission & Focus Areas
The trust provides scholarship awards to residents of Coles or Cumberland counties, Illinois who are enrolled in medical-related fields of study.
Grantmaking
| Year | Total Giving | Number of Grants | Median Grant |
Grant Range
$1,000–$3,000
How to Apply
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Geographic Focus
Where this funder awards grants
The trust focuses on residents of Coles County and Cumberland County, Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Fiscal Year Ending February 2025):
- Total assets: $1,115,153
- Total revenues: $78,080
- Total expenses: $108,773
- Investment income and dividends: $34,183
- Net rental income: $7,443
- Net gain from sale of non-inventory assets: $31,669
- Giving rate: 7.3% of assets
Contact Information:
- Address: PO Box 529, Mattoon, IL 61938-0529
- Telephone: 217-234-7454
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,115,153 | $1,144,346 | $1,157,205 |
| Revenue | $78,080 | $97,874 | $56,886 |
| Expenses | $108,773 | $115,395 | $114,260 |
| Qualifying Distributions | $88,061 | $94,667 | $94,981 |
| Net Investment Income | $58,448 | $77,714 | $40,860 |
| Distributable Amount | $91,338 | $89,356 | $92,690 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
204 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST MID WEALTH MANAGEMENT | TRUSTEE | 3 | $16,965 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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