Edith Masters Testamentary Trust
Edith Masters Testamentary Trust is a private foundation based in Petersburg, Illinois. Its 2024 filing reports direct charitable activity in the form of post-secondary education scholarships for Menard County, Illinois, students.
Edith Masters Testamentary Trust at a glance
In short: Edith Masters Testamentary Trust gave $79K across 16 grants in 2024 (avg $5K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $78,550
- -34.5% vs 2023
- Grants made (2024)
- 16
- -5.9% vs 2023
- Average grant
- $4,909
- -30.5% vs 2023
- Median grant
- $3,550
- Total assets
- $1,546,220
- -5.4% vs 2023
- Primary geography
- Illinois (68% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Edith Masters Testamentary Trust
- How to Apply
-
The filing lists the contact for the application process as PORTA COMMUNITY SCHOOL DISTRICT 202. It says the application was attached to previous returns and restricts awards to Menard County high school graduates. The filing also states that the foundation does not restrict giving to preselected organizations.
- Review Cycle
- The filing lists the first week of May annually. The 2026 deadline has passed.
- Deadline
- The filing lists the first week of May annually.
- Contact
Application contact: Porta Community School District 202
Mailing address: PO Box 202, Petersburg, IL 62675
Phone: (217) 632-2282
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Edith Masters Testamentary Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University of Illinois ($14K across 2 grants). Together the top 10 received $68K.
Grant Size Distribution
77 grants across all recorded years
The most common grant size was under $50K: 77 grants of 77 (100%).
Geographic Focus
Where this funder awards grants
The filing reports that 2024 grant dollars went to recipients in Illinois (68%), Missouri (23%), Kentucky (5%), and Indiana (5%). The filing also identifies the scholarship activity as serving Menard County, Illinois, students and restricts awards to Menard County high school graduates.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
Cities
How Edith Masters Testamentary Trust gives
- Giving grew 162% from 2021 to 2024. Method
- In 2024 it paid out 113% 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
From 2020 to 2024, annual grant giving ranged from $27K (2020) to $120K (2023). In 2024 it made 16 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Illinois State University Normal, IL | FBO Riley Womble Carter Jacobus Karl Hoke | $10,650 |
| Illinois College Jacksonville, IL | FBO Kamille Rhoades & Zachary Laird | $7,100 |
| University of Illinois Champaign, IL | FBO Lauren Harrison Nicole Muench | $7,100 |
| University of Missouri Columbia, MO | FBO Alaina Taylor and Carly Szoke | $7,100 |
| University of Illinois Champaign, IL | FBO Caitlyn Defreezer and Tessa Wohler | $7,100 |
| University of Missouri Columbia, MO | FBO Ellen Westervelt and Elizabeth Westervelt | $7,100 |
| Augustana College Rock Island, IL | FBO Trace Donnan | $3,550 |
| Aurora University Aurora, IL | FBO Brady Kinney | $3,550 |
| Missouri Valley College Marshall, MO | FBO Gabbie Branson | $3,550 |
| Monmouth College Monmouth, IL | FBO Ian Logan | $3,550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,546,220 | $91,392 | $92,905 | $78,550 | 16 | $92,905 | $77,037 | $81,931 |
| 2023 | $1,633,841 | $115,931 | $139,836 | $120,000 | 17 | $130,308 | $114,855 | $57,671 |
| 2022 | $1,627,524 | $1,406,696 | $65,697 | $30,000 | 13 | $63,298 | $4,108 | $76,698 |
| 2021 | $1,346,254 | $47,423 | $57,006 | $30,000 | 16 | $53,673 | $23,089 | $65,424 |
| 2020 | $1,347,414 | $43,976 | $52,454 | $27,000 | 15 | — | $21,352 | $64,906 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The trust’s filing identifies post-secondary education scholarships to Menard County, Illinois, students as its direct charitable activity. Its 2024 grants went to colleges and universities, including Illinois College, Monmouth College, Missouri Valley College, Augustana College, Aurora University, and Lincoln Land Community College.
The grantees describe their own missions in educational terms. Illinois College says it provides a four-year program leading to a baccalaureate degree and is committed to scholarship and integrity in the liberal arts. Monmouth College describes a transformative residential liberal arts experience, while Missouri Valley College says it guides students through personal instruction and intellectual inquiry. Augustana College describes its work as a challenging education rooted in the liberal arts and sciences and Lutheran expression of the Christian faith. Aurora University identifies its goal as empowering students’ personal and professional success through learning. Lincoln Land Community College’s stated mission is to cultivate and steward charitable gifts supporting its students, programs, and services.
Grantmaking
In 2024, the trust gave $78,550 through 16 grants. Grant amounts ranged from $2,000 to $10,650, with a median of $3,550.
Notable 2024 awards included $10,650 to Illinois State University; $7,100 each to Illinois College, the University of Illinois (two listed awards), and the University of Missouri (two listed awards); and $3,550 each to Augustana College, Aurora University, Missouri Valley College, Monmouth College, Murray State University, and Rose-Hulman Institute of Technology. Lincoln Land Community College received two listed grants of $2,000 each.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists ALLIANCE COMMUNITY BANK as trustee.
Edith Masters Testamentary Trust's only listed officer is Alliance Community Bank, Trustee on the 2024 filing (uncompensated).
Officers on the 2024 filing
Alliance Community Bank
Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: John Leinberger (2020–2023) — Co-Trustee
- Former: Matt Brue (2020–2023) — Co-Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Edith Masters Testamentary Trust
How much does Edith Masters Testamentary Trust give each year?
Edith Masters Testamentary Trust gave $79K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $120K across 17 grants.
What is Edith Masters Testamentary Trust's typical grant size?
Edith Masters Testamentary Trust's median grant in 2024 was $3,550, and its average grant was $4,909, across 16 grants on its 2024 IRS Form 990-PF.
Where does Edith Masters Testamentary Trust give grants?
Edith Masters Testamentary Trust gives mostly in Illinois: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Missouri (23%). The most frequent recipient cities were Springfield, IL (3 grants), Champaign, IL (2 grants) and Columbia, MO (2 grants).
Does Edith Masters Testamentary Trust give general operating support?
Not in 2024: none of the 16 grants with a stated purpose on Edith Masters Testamentary Trust's 2024 IRS Form 990-PF were described as general or operating support.
Who are Edith Masters Testamentary Trust's largest grantees?
Edith Masters Testamentary Trust's largest 2024 grantees include University of Illinois ($14,200 across 2 grants), University of Missouri ($14,200 across 2 grants) and Illinois State University ($10,650), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How large is Edith Masters Testamentary Trust?
Edith Masters Testamentary Trust reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $82K (roughly 5% of its investment assets).
What does Edith Masters Testamentary Trust fund?
The trust’s filing identifies post-secondary education scholarships to Menard County, Illinois, students as its direct charitable activity. See mission & focus areas ↑
How do I apply for a grant from Edith Masters Testamentary Trust?
The filing lists the contact for the application process as PORTA COMMUNITY SCHOOL DISTRICT 202. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Edith Masters Testamentary Trust funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/edith-masters-testamentary-trust-morg_7172095b5260487d83afc4ea54f7175c
BibTeX
@misc{grantable_376141924_2026,
author = {{Grantable}},
title = {{Edith Masters Testamentary Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/edith-masters-testamentary-trust-morg_7172095b5260487d83afc4ea54f7175c},
note = {Accessed 2026-10-16. 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 Edith Masters Testamentary 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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