Clayton and Louise Ray Memorial Scholarship

MACOMB, IL EIN: 20-0594908

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$79K

-2.3% YoY

Annual Giving

$5K

+0.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$2K

+0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K$8K20202021202220232024
Metric202420232022
Total Assets$78,635$80,509$83,912
Revenue$4,924$3,199$2,731
Expenses$6,735$6,603$7,496
Qualifying Distributions$5,400$5,400$6,300
Net Investment Income$3,645$1,998$1,587
Distributable Amount$4,961$4,712$4,924

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$3K$5K$6K1 grants20201 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Joseph Furgusson$2KKaitlin Smith$2KElla Wheeler$2K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Clayton and Louise Ray Memorial Scholarship fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MidAmerica National …Trustee$1K

From 2024 filing

NameTitleHoursCompensation
MidAmerica National BankTrustee1$1,014

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Canton

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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