Edith Masters Testamentary Trust

Foundation · Grantmaker Petersburg, IL EIN: 37-6141924

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.

Key facts about Edith Masters Testamentary Trust

EIN: 37-6141924
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $78,550
Grants made (2024): 16
Average grant: $4,909
Median grant: $3,550
Total assets: $1,546,220
Primary geography: Illinois (68% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Edith Masters Testamentary Trust funds

By grant dollars, the top recipient states for Edith Masters Testamentary Trust's 16 itemized 2024 grants were Illinois (68%) and Missouri (23%). The most frequent recipient cities were Springfield, IL (3 grants), Champaign, IL (2 grants) and Columbia, MO (2 grants). None of its 16 grants with a stated purpose were described as general or operating support.

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.

Next steps with Edith Masters Testamentary Trust

How to evaluate Edith Masters Testamentary Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Edith Masters Testamentary Trust with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

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

-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

Your AI grants department

Ready to take the next step with Edith Masters Testamentary Trust?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $54K (68%)

Missouri $18K (23%)

Kentucky $4K (5%)

Indiana $4K (5%)

Share of all 16 itemized 2024 grant dollars.

States

Illinois Indiana Kentucky Missouri

Cities

PetersburgAthensGreenviewSpringfieldCantrallChampaignColumbiaTallulaAuroraEdwardsvilleJacksonvilleMarshallMonmouthMurrayNormalRock IslandTerre Haute

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients include University of Illinois ($14,200 across 2 grants), University of Missouri ($14,200 across 2 grants), Illinois State University ($10,650).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS 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.