Burgess Memorial Scholarship Fund First Mid Wealth Management Company
Burgess Memorial Scholarship Fund First Mid Wealth Management Company is a private foundation, based in Mattoon, IL. IRS filing data is available for 2021. In 2021, it awarded 3 grants totaling $4.6M. Net investment income was $54K.
Burgess Memorial Scholarship Fund First Mid Wealth Management Company at a glance
In short: Burgess Memorial Scholarship Fund First Mid Wealth Management Company gave $4.6M across 3 grants in 2021 (avg $1.5M), mostly in Illinois. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $4,567,786
- Grants made (2021)
- 3
- Average grant
- $1,522,595
- Median grant
- $70,786
- Primary geography
- Illinois (100% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Burgess Memorial Scholarship Fund First Mid Wealth Management Company funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Southeastern IL Community Foundatio ($4.5M across 2 grants).
Organizations only. It also paid 1 individual scholarship ($50,000), which are not listed by name.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 3 grants totaling $4.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southeastern IL Community Foundatio Effingham, IL | Scholarship Program | $4,447,000 |
| Southeastern IL Community Foundatio Effingham, IL | Scholarship Program | $70,786 |
| 1 individual scholarship Recipients not named | — | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2021 | $4,448,453 | $4,607,254 | $4,567,786 | 3 | $54,240 | $162,775 |
Under IRS private-foundation payout rules, Burgess Memorial Scholarship Fund First Mid Wealth Management Company reported a distributable amount of $163K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Burgess Memorial Scholarship Fund First Mid Wealth Management Company is led by Fmwm Co Farm Mgmt Fees, Trustee on the 2021 filing — the only officer listed, and compensated.
Officers on the 2021 filing
Fmwm Co Farm Mgmt Fees
Trustee
New on the 2021 filing
0.3 hrs/week
$5K (2021)
Data from IRS Form 990 filings, 2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $5K, to FMWM Co Farm Mgmt Fees (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Burgess Memorial Scholarship Fund First Mid Wealth Management Company
How much does Burgess Memorial Scholarship Fund First Mid Wealth Management Company give each year?
Burgess Memorial Scholarship Fund First Mid Wealth Management Company gave $4.6M across 3 grants in 2021, according to its 2021 IRS Form 990-PF.
What is Burgess Memorial Scholarship Fund First Mid Wealth Management Company's typical grant size?
Burgess Memorial Scholarship Fund First Mid Wealth Management Company's median grant in 2021 was $70,786, and its average grant was $1,522,595, across 3 grants on its 2021 IRS Form 990-PF.
Where does Burgess Memorial Scholarship Fund First Mid Wealth Management Company give grants?
Burgess Memorial Scholarship Fund First Mid Wealth Management Company gives mostly in Illinois: 100% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Effingham, IL (2 grants).
Does Burgess Memorial Scholarship Fund First Mid Wealth Management Company give general operating support?
Not in 2021: none of the 3 grants with a stated purpose on Burgess Memorial Scholarship Fund First Mid Wealth Management Company's 2021 IRS Form 990-PF were described as general or operating support.
How much is Burgess Memorial Scholarship Fund First Mid Wealth Management Company required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Burgess Memorial Scholarship Fund First Mid Wealth Management Company reported a distributable amount of $163K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Burgess Memorial Scholarship Fund First Mid Wealth Management Company's EIN?
Burgess Memorial Scholarship Fund First Mid Wealth Management Company's EIN (Employer Identification Number) is 37-6024599. IRS Form 990 filing data is available on this page for 2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- IRS filings on file for fiscal year 2021
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