First Mid Bancshares Inc

MATTOON, IL EIN: 37-1339718

First Mid Bancshares Inc is a private foundation, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $610K in total assets. In 2024, it awarded 11 grants totaling $437K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$610K

+40.1% YoY

Annual Giving

$437K

-29.7% YoY

Grant Count

11

+37.5% YoY

Avg Grant Size

$40K

-48.9% YoY

About First Mid Bancshares Inc

Based on IRS filings

First Mid Bancshares Inc is a private foundation, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $610K in total assets. In 2024, it awarded 11 grants totaling $437K. Net investment income was $26K.

Ready to take the next step with First Mid Bancshares Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ArcolaArthurAshlandCharlestonChicagoEdwardsvilleEffinghamMattoonSt LouisSullivanToledo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$253K$505K$758K$1M20202021202220232024
Metric202420232022
Total Assets$610,046$435,528$1,086,823
Revenue$626,613$-17,465$918,620
Expenses$452,095$633,830$198,178
Qualifying Distributions$441,959$626,247$189,172
Net Investment Income$26,371$14,200$40,095
Distributable Amount$38,587$27,732$43,646

Giving Over Time

Total grant dollars and number of grants per year

$0$156K$311K$467K$623K4 grants20206 grants20215 grants20228 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MATTOON SPORTS COMPLEX INC$250KEASTERN ILLINOIS UNIVERS…$50KYOUTH AND FAMILY CENTER$50KBUILD MO HEALTH$15KSUMPTER TOWNSHIP PARK FUND$15KURBAN LEAGUE OF METROPOL…$15KLITTLE THEATRE ON THE SQ…$15KST JOHNS CHURCH & SCHOOL$8KARCOLA FOUNDATION PALACE…$8KMATTOON HIGH SCHOOL$7K

Grant Size Distribution

34 grants across all recorded years

24<$50K5$50–100K2$100–250K2$250–500K1$500K–1M$1–5M$5M+

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

FIRST MID WEALTH MAN…TRUSTEE$12K

From 2024 filing

NameTitleHoursCompensation
FIRST MID WEALTH MANAGEMENT COMPANYTRUSTEE1$12,093

Related Funders

Similar funders by location and focus area

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

What could you do with First Mid Bancshares Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities