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
Under IRS private-foundation payout rules, Anna B Welch Memorial Trust reported a distributable amount of $91K for 2025 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2025 grants, the largest include Abbie Becker ($3,000), Abigail Bonstetter ($3,000), Andrew Tresslar ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABBIE BECKER AURORA, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| ABIGAIL BONSTETTER CHARLESTON, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| ANDREW TRESSLAR SPRINGFIELD, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| AUDREY DODGE LEXINGTON, KY | TO FURTHER HIGHER EDUCATION | $3,000 |
| BRAYDEN RENNELS CHAMPAIGN, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| DANIELLE DETERS MATTOON, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| ELLA BAHNEY NORMAL, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| GRIFFIN WALK CHAMPAIGN, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| HALLEE PERRY CHAMPAIGN, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
| JORDAN SAPP LEBANON, IL | TO FURTHER HIGHER EDUCATION | $3,000 |
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 |
Frequently Asked Questions
What does Anna B Welch Memorial Trust fund?
The trust provides scholarship awards to residents of Coles or Cumberland counties, Illinois who are enrolled in medical-related fields of study.
How do I apply for a grant from Anna B Welch Memorial Trust?
**Grant Activity:** • Annual giving: approximately $81,000–$88,000 • Number of grants: 27–41 grants annually (varies by year) • Median grant size: $1,000–$3,000 • Grant range: $1,000–$3,000 **Historical Giving Trends:** | Year | Total Giving | Number of Grants | Median Grant | |------|--------------|------------------|--------------| | 2025 | $81,000 | 27 | $3,000 | | 2024 | $88,000 | 41 | $2,000 | | 2023 | $88,000 | 35 | $3,000 | | 2022 | $93,000 | 67 | $1,000 | **Application Process:** The tr…
Where does Anna B Welch Memorial Trust make grants?
The trust focuses on residents of Coles County and Cumberland County, Illinois.
What size grants does Anna B Welch Memorial Trust award?
In 2025, Anna B Welch Memorial Trust awarded 27 grants totaling $81K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Anna B Welch Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Anna B Welch Memorial Trust reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Anna B Welch Memorial Trust's EIN?
Anna B Welch Memorial Trust's EIN (Employer Identification Number) is 37-6284353. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Anna B Welch Memorial Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.