Carrie L Winter Trust Under Will

Private foundation · Grantmaker Olney, IL EIN: 37-6243151
Arts and cultureSports and recreationHuman servicesYouth development

Carrie L Winter Trust Under Will is a private foundation based in Olney, Illinois. Its 2025 filing states that awards are for youth in Richland County, Illinois, as directed by the decedent’s will.

Carrie L Winter Trust Under Will at a glance

In short: Carrie L Winter Trust Under Will gave $150K across 33 grants in 2025 (avg $5K), mostly in Illinois. 44% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$150,091
+4.2% vs 2024
Grants made (2025)
33
-2.9% vs 2024
Average grant
$4,548
+7.3% vs 2024
Median grant
$4,000
Total assets
$737,086
-3.8% vs 2024
New grantees (estimate)
44% first-time grantees (14 of 32, 2025)
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. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Carrie L Winter Trust Under Will

Accepts unsolicited proposals
Yes
How to Apply

The foundation does not restrict giving to preselected organizations and accepts unsolicited requests. Applicants submit a written request; there is no form. Awards are restricted to youth in Richland County, Illinois, under the decedent’s will.

Contact

Application contact: First National Bank In Olney Trust
Mailing address: PO Box 100, Olney, IL 62450
Phone: (618) 395-8541

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

Who Carrie L Winter Trust Under Will funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Master's Hands Inc: $16KThe Master's Hands Inc$16KScouts BSA Troop 211B: $11KScouts BSA Troop 211B$11KOlney Tigersharks: $10KOlney Tigersharks$10KThe O2 Youth Center: $9KThe O2 Youth Center$9KProject Community: $8KProject Community$8KBlaze Orange Youth Sporting Club: $7KBlaze Orange Youth SportingClub$7KOlney Arts Counsil: $7KOlney Arts Counsil$7KOlney Public Library: $6KOlney Public Library$6KRichland County 4-H Foundation: $6KRichland County 4-H Foundation$6KMentor Richland County: $5KMentor Richland County$5K

The largest 2025 recipient was The Master's Hands Inc ($16K). Together the top 10 received $84K.

Grant Size Distribution

149 grants across all recorded years

149<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 149 grants of 149 (100%).

Geographic Focus

Where this funder awards grants

The foundation’s 2025 filing reports that 100% of grant dollars went to recipients in Illinois. Its stated award restriction is for youth in Richland County, Illinois.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 33 itemized grants.

States

Cities

OlneyCisneNobleSalemClaremontCalhounGlen CarbonNewton

Is Carrie L Winter Trust Under Will open to new grantees?

44%

first-time grantees, 2025

In 2025, 14 of 32 grantees (44%) were first-time recipients. First grants averaged $5K; repeat grants $4K. How we count

Medians: $4K first-time, $4K repeat.

  • 44% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K27 grants2020 23 grants2021 27 grants2022 32 grants2023 34 grants2024 33 grants2025

From 2020 to 2025, annual grant giving ranged from $135K (2021) to $165K (2022). In 2025 it made 33 grants totaling $150K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Master's Hands Inc Olney, ILWkend Backpack/Tiger Takeout/Supplie$16,000
Scouts BSA Troop 211B Olney, IL2025 Summer Camp Fees$11,000
Olney Tigersharks Olney, ILLane Lines and Lane Reels$10,000
The O2 Youth Center Olney, ILGame Room$8,500
Project Community Olney, ILHarmony Park$8,150
Blaze Orange Youth Sporting Club Olney, ILEvent Entry Fees$7,000
Olney Arts Counsil Olney, ILGrass Roots Cultural Program$6,500
Olney Public Library Olney, IL2025 Summer Reading/One BK One Comm$6,000
Richland County 4-H Foundation Olney, ILAnnual Programming$6,000
Mentor Richland County Olney, ILYouth Mentoring Program$5,000
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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$737,086$188,122$223,393$150,09133$181,206$147,535$169,588
2024$765,837$112,820$211,040$144,05934$171,257$76,705$174,413
2023$855,601$138,754$219,214$148,06332$177,859$100,857$177,393
2022$925,624$168,947$229,593$165,39327$192,780$133,982$174,363
2021$971,163$135,049$192,885$134,60423$161,509$104,192$165,035
2020$1,021,284$103,432$190,759$136,55027—$77,608$162,161

Under IRS private-foundation payout rules, Carrie L Winter Trust Under Will reported a distributable amount of $170K 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 does not state a separate mission. Grant purposes in 2025 included youth activities and services, such as summer camp fees, youth mentoring, a summer reading program, and a youth center game room.

Among the organizations it supported, Mentor Richland County describes its mission as providing children facing adversity with professionally supported one-to-one relationships. Community Support Systems Inc describes its commitment to enhancing opportunities to live, learn, work, and play. Girl Scouts of Southern Illinois says Girl Scouting builds girls of courage, confidence, and character.

Grantmaking

In 2025, the foundation awarded 33 grants totaling $150,091. Grants ranged from $800 to $16,000, with a median of $4,000. Its largest listed awards included $16,000 to The Master’s Hands Inc for “WKEND BACKPACK/TIGER TAKEOUT/SUPPLIE,” $11,000 to Scouts BSA Troop 211B for summer camp fees, $10,000 to Olney Tigersharks for lane lines and lane reels, and $8,500 to The O2 Youth Center for a game room.

Other listed awards included $8,150 to Project Community for Harmony Park; $7,000 to Blaze Orange Youth Sporting Club for event entry fees; $6,500 to Olney Arts Counsil for a grassroots cultural program; and $6,000 each to Olney Public Library and Richland County 4-H Foundation. Mentor Richland County received $5,000.

Leadership & Key People

Leadership team and compensation from IRS filings

First National Bank in Olney is listed as trustee on the 2025 filing.

Carrie L Winter Trust Under Will's only listed officer is First National Bank IN Olney, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • First National Bank IN Olney

    Trustee

    On filings since 2020

    5 hrs/week

    $29K (2020) → $33K (2025)

Data from IRS Form 990 filings, 2020–2025. "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

First National Bank in Olney — Trustee: $33KFirst National Bank in…Trustee$33K

The highest reported compensation on the 2025 filing was $33K, to First National Bank in Olney (Trustee).

Frequently asked questions about Carrie L Winter Trust Under Will

How much does Carrie L Winter Trust Under Will give each year?

Carrie L Winter Trust Under Will gave $150K across 33 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $144K across 34 grants.

What is Carrie L Winter Trust Under Will's typical grant size?

Carrie L Winter Trust Under Will's median grant in 2025 was $4,000, and its average grant was $4,548, across 33 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Carrie L Winter Trust Under Will that year got $5K on average.

Where does Carrie L Winter Trust Under Will give grants?

Carrie L Winter Trust Under Will gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Olney, IL (31 grants).

Does Carrie L Winter Trust Under Will give general operating support?

Not in 2025: none of the 33 grants with a stated purpose on Carrie L Winter Trust Under Will's 2025 IRS Form 990-PF were described as general or operating support.

Who are Carrie L Winter Trust Under Will's largest grantees?

Carrie L Winter Trust Under Will's largest 2025 grantees include The Master's Hands Inc ($16,000), Scouts BSA Troop 211B ($11,000) and Olney Tigersharks ($10,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.

How large is Carrie L Winter Trust Under Will?

Carrie L Winter Trust Under Will reported $737K in total assets on its 2025 IRS Form 990-PF. It paid out $181K in qualifying distributions that year, against a required minimum of $170K (roughly 5% of its investment assets).

What does Carrie L Winter Trust Under Will fund?

The filing does not state a separate mission. Grant purposes in 2025 included youth activities and services, such as summer camp fees, youth mentoring, a summer reading program, and a youth center game room. See mission & focus areas ↑

How do I apply for a grant from Carrie L Winter Trust Under Will?

The foundation does not restrict giving to preselected organizations and accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Carrie L Winter Trust Under Will's EIN?

Carrie L Winter Trust Under Will's EIN (Employer Identification Number) is 37-6243151. IRS Form 990 filing data is available on this page for 2020–2025.

Does Carrie L Winter Trust Under Will accept unsolicited proposals?

Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Carrie L Winter Trust Under Will funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/carrie-l-winter-trust-under-will-morg_1b7802c308b241b4b1993291c3225543

BibTeX
@misc{grantable_376243151_2026,
  author       = {{Grantable}},
  title        = {{Carrie L Winter Trust Under Will funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/carrie-l-winter-trust-under-will-morg_1b7802c308b241b4b1993291c3225543},
  note         = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Carrie L Winter Trust Under Will'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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