ORGANIZED PURSUANT TO THE FIRST CODICIL TO THE LAST WILL AND TESTAMENT OF ELSIE I. STOUT TO PROVIDE A CHARITABLE FOUNDATION FOR THE MACKINAW COMMUNITY
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+5.7% YoY
Annual Giving
$29K
+17.6% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$15K
+17.6% YoY
About Elsie I Stout and Clarence R Stout Memorial Foun
Based on IRS filings
Elsie I Stout and Clarence R Stout Memorial Foun is a nonprofit organization focused on Education, based in MACKINAW, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $29K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,100,753 | $1,041,763 | $1,045,961 |
| Revenue | $25,316 | $32,668 | $54,289 |
| Expenses | $39,870 | $36,806 | $30,379 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $25,316 | $30,943 | $54,289 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J EMBRY | DIRECTOR | 1 | — |
| STEVE DUITSMAN | DIRECTOR | 1 | — |
| MARK MCGRATH | TREASURER | 1 | — |
| LORI CARLSON | PRESIDENT | 1 | — |
| SARA WILKINS | VICE-PRESIDENT | 1 | — |
| BRANDON FOGLER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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