Betty Coughlin Charitable Trust

Private foundation · Grantmaker Paris, IL EIN: 27-6294512

The Betty Coughlin Charitable Trust is a private foundation based in Paris, Illinois. Its 2025 filing reports charitable distributions to four pre-selected charities named in the trust document and a scholarship program administered for six students.

Betty Coughlin Charitable Trust at a glance

In short: Betty Coughlin Charitable Trust gave $217K across 10 grants in 2025 (avg $22K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$217,473
+8.1% vs 2024
Grants made (2025)
10
+25.0% vs 2024
Average grant
$21,747
-13.5% vs 2024
Median grant
$18,893
Total assets
$2,119,318
-3.9% vs 2024
Primary geography
Illinois (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Betty Coughlin Charitable Trust

Review Cycle
The filing lists April 17 as the deadline. That date has passed.
Deadline
The filing lists April 17 as the deadline.
Contact

Application contact: Prospect Bank
Mailing address: PO Box 400, 177 W Wood St, Paris, IL 61944
Phone: (217) 465-4154

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Betty Coughlin Charitable Trust funds

How this funder distributes its grants

Grant Size Distribution

47 grants across all recorded years

47<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 47 grants of 47 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Illinois. The scholarship eligibility rules specify Paris High School, Paris, Illinois, or a successor school in the event of consolidation.

Grant Distribution by State

3states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

ParisCharlestonFranklinGreenvileeMattonMattoonMurrayTerre HauteUrbanaVincennes

How Betty Coughlin Charitable Trust gives

  • Giving grew 23% from 2022 to 2025. Method
  • In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K9 grants2019 7 grants2020 10 grants2021 12 grants2022 7 grants2023 8 grants2024 10 grants2025

From 2019 to 2025, annual grant giving ranged from $148K (2023) to $217K (2025). In 2025 it made 10 grants totaling $217K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
10 grants to individuals Recipients not named —$217,473
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,119,318$229,798$316,361$217,47310$226,166$114,634$222,244
2024$2,205,881$215,503$297,390$201,1728$210,062$119,524$209,143
2023$2,287,768$235,656$247,469$148,0007$156,566$140,997$188,110
2022$2,299,581$230,910$274,292$176,96212$186,165$133,610$179,112
2021$2,342,963$255,979$241,086$160,75010$170,298$180,628$177,831
2020$2,328,070$169,685$241,066$165,0007—$103,205$166,412
2019$2,399,451$185,334$234,944$155,0009—$109,146$174,000

Under IRS private-foundation payout rules, Betty Coughlin Charitable Trust reported a distributable amount of $222K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The filing describes a scholarship program and charitable distributions to four pre-selected charities. The scholarships are for qualified Paris High School seniors, or students at a successor school if consolidation occurs, who plan to continue their education in an agriculture-related or home-economics-related field. The 2025 grants also went to organizations in Paris and Edgar County, Illinois, and to individual scholarship recipients.

Grantmaking

In filing year 2025, the trust gave 10 grants totaling $217,473. Grant amounts ranged from $8,000 to $35,625, with a median of $18,892. Four organizational grants were each $35,625: An individual recipient, EDGAR COUNTY HISTORICAL SOCIETY, PARIS PARK BOARD, and U OF I FDN EXT SERVEDGAR CO 4-H. The remaining six grants, totaling $74,973, were scholarships to individual recipients.

The filing states that applications are available at Prospect Bank. Scholarship applicants must meet the eligibility and field-of-study restrictions described above; awards are to follow an objective and nondiscriminatory procedure established by the trustee. The filing also states that recipients and their relatives will not face limitations or restrictions because of race or employment status.

Leadership & Key People

Leadership team and compensation from IRS filings

Prospect Bank is listed as trustee on the 2025 filing.

Betty Coughlin Charitable Trust's only listed officer is Prospect Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Prospect Bank

    Trustee

    On filings since 2019

    2 hrs/week

    $12K (2019) → $13K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Prospect Bank — Trustee: $13KProspect BankTrustee$13K

The highest reported compensation on the 2025 filing was $13K, to Prospect Bank (Trustee).

Frequently asked questions about Betty Coughlin Charitable Trust

How much does Betty Coughlin Charitable Trust give each year?

Betty Coughlin Charitable Trust gave $217K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $201K across 8 grants.

What is Betty Coughlin Charitable Trust's typical grant size?

Betty Coughlin Charitable Trust's median grant in 2025 was $18,893, and its average grant was $21,747, across 10 grants on its 2025 IRS Form 990-PF.

Where does Betty Coughlin Charitable Trust give grants?

Betty Coughlin Charitable Trust gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Betty Coughlin Charitable Trust give general operating support?

Yes: 20% of Betty Coughlin Charitable Trust's 2025 grants with a stated purpose (2 of 10) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (6 grants).

How large is Betty Coughlin Charitable Trust?

Betty Coughlin Charitable Trust reported $2.1M in total assets on its 2025 IRS Form 990-PF. It paid out $226K in qualifying distributions that year, against a required minimum of $222K (roughly 5% of its investment assets).

What does Betty Coughlin Charitable Trust fund?

The filing describes a scholarship program and charitable distributions to four pre-selected charities. See mission & focus areas ↑

How do I apply for a grant from Betty Coughlin Charitable Trust?

Betty Coughlin Charitable Trust has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Betty Coughlin Charitable Trust's EIN?

Betty Coughlin Charitable Trust's EIN (Employer Identification Number) is 27-6294512. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  6. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 18, 2020)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Betty Coughlin Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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