Edith Masters Testamentary Trust
Edith Masters Testamentary Trust is a private foundation, based in PETERSBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 16 grants totaling $79K. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-5.4% YoY
Annual Giving
$79K
-34.5% YoY
Grant Count
16
-5.9% YoY
Avg Grant Size
$5K
-30.5% YoY
Under IRS private-foundation payout rules, Edith Masters Testamentary Trust reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About Edith Masters Testamentary Trust
Based on IRS filings
Edith Masters Testamentary Trust is a private foundation, based in PETERSBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 16 grants totaling $79K. Net investment income was $77K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,546,220 | $1,633,841 | $1,627,524 |
| Revenue | $91,392 | $115,931 | $1,406,696 |
| Expenses | $92,905 | $139,836 | $65,697 |
| Qualifying Distributions | $92,905 | $130,308 | $63,298 |
| Net Investment Income | $77,037 | $114,855 | $4,108 |
| Distributable Amount | $81,931 | $57,671 | $76,698 |
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 2024
Grant Size Distribution
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Illinois State University ($10,650), Illinois College ($7,100), University of Illinois ($7,100).
| Recipient | Purpose | Amount |
|---|---|---|
| AUGUSTANA COLLEGE ROCK ISLAND, IL | FBO TRACE DONNAN | $3,550 |
| AURORA UNIVERSITY AURORA, IL | FBO BRADY KINNEY | $3,550 |
| ILLINOIS COLLEGE JACKSONVILLE, IL | FBO KAMILLE RHOADES & ZACHARY LAIRD | $7,100 |
| ILLINOIS STATE UNIVERSITY NORMAL, IL | FBO RILEY WOMBLE CARTER JACOBUS KARL HOKE | $10,650 |
| LINCOLN LAND COMMUNITY COLLEGE SPRINGFIELD, IL | FBO EMMA WANKEL AND MELISSA ZOMOT | $2,000 |
| LINCOLN LAND COMMUNITY COLLEGE SPRINGFIELD, IL | FBO HAILEY BROWN AND CASSIDY BOOTH | $2,000 |
| MISSOURI VALLEY COLLEGE Marshall, MO | FBO GABBIE BRANSON | $3,550 |
| MONMOUTH COLLEGE Monmouth, IL | FBO IAN LOGAN | $3,550 |
| MURRAY STATE UNIVERSITY Murray, KY | FBO MOLLY ADAMS | $3,550 |
| ROSE HULMAN INST OF TECHNOLOGY Terre Haute, IN | FBO DREW ATWATER | $3,550 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLIANCE COMMUNITY BANK | TRUSTEE | 0.5 | — |
Frequently Asked Questions
How large is Edith Masters Testamentary Trust?
As of 2024, Edith Masters Testamentary Trust holds $1.5M in total assets with $91K in annual revenue. It awarded 16 grants totaling $79K in 2024.
Where does Edith Masters Testamentary Trust operate?
Edith Masters Testamentary Trust has awarded grants in Illinois, Indiana, Kentucky, Missouri.
What size grants does Edith Masters Testamentary Trust award?
In 2024, Edith Masters Testamentary Trust awarded 16 grants totaling $79K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Edith Masters Testamentary Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Edith Masters Testamentary Trust reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Edith Masters Testamentary Trust's EIN?
Edith Masters Testamentary Trust's EIN (Employer Identification Number) is 37-6141924. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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