Francis Roy Herink & Margaret Otto Herink Memorial Trust

Foundation · Grantmaker Macomb, IL EIN: 36-7191386

Francis Roy Herink & Margaret Otto Herink Memorial Trust is a private foundation focused on Education, based in Macomb, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $21K in total assets. Net investment income was $792.

Key facts about Francis Roy Herink & Margaret Otto Herink Memorial Trust

EIN
36-7191386
Latest 990 filing
Form 990-PF, 2025
Total assets
$20,640

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$21K

+2.1% YoY

Revenue

$1K

+6.4% YoY

Net Investment Income

$792

+9.4% YoY

Expenses

$955

+69.0% YoY

Under IRS private-foundation payout rules, Francis Roy Herink & Margaret Otto Herink Memorial Trust reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.

How Francis Roy Herink & Margaret Otto Herink Memorial Trust gives

  • Giving held roughly steady from 2020 to 2023 (−12%). Method
  • In 2023 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Francis Roy Herink & Margaret Otto Herink Memorial Trust?

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Canton

Giving Over Time

Total grant dollars and number of grants per year

$0$500$1K$1.5K1 grants20191 grants20201 grants20211 grants20221 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$6K2019202020212022202320242025
Metric202520242023
Total Assets$20,640$20,216$19,485
Revenue$1,377$1,294$589
Expenses$955$565$1,856
Qualifying Distributions——$1,225
Net Investment Income$792$724$273
Distributable Amount$1,353$1,263$1,173

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Francis Roy Herink & Margaret Otto Herink Memorial Trust's only listed officer is MidAmerica National Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2024 filing

  • MidAmerica National Bank

    Trustee

    On filings since 2019

    1 hr/week

    $350 (2019) → $350 (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

MidAmerica National Bank — Trustee: $350MidAmerica National BankTrustee$350

Frequently asked questions about Francis Roy Herink & Margaret Otto Herink Memorial Trust

How large is Francis Roy Herink & Margaret Otto Herink Memorial Trust?

Francis Roy Herink & Margaret Otto Herink Memorial Trust reported $21K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1K.

What is Francis Roy Herink & Margaret Otto Herink Memorial Trust?

Francis Roy Herink & Margaret Otto Herink Memorial Trust is a nonprofit organization focused on Education, based in Macomb, IL. It holds $21K in total assets as of 2025.

Where does Francis Roy Herink & Margaret Otto Herink Memorial Trust operate?

Francis Roy Herink & Margaret Otto Herink Memorial Trust has awarded grants in Illinois.

How much is Francis Roy Herink & Margaret Otto Herink Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Francis Roy Herink & Margaret Otto Herink Memorial Trust reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Francis Roy Herink & Margaret Otto Herink Memorial Trust's EIN?

Francis Roy Herink & Margaret Otto Herink Memorial Trust's EIN (Employer Identification Number) is 36-7191386. IRS Form 990 filing data is available on this page for 2019–2025.

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

Your AI grants department

Here's the math on researching Francis Roy Herink & Margaret Otto Herink Memorial Trust by hand.

Explore Open Grants

Browse active grant opportunities in Francis Roy Herink & Margaret Otto Herink Memorial Trust's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Long Gene and Marie Memorial Tua

Saint Louis, MO

Assets

$1.3M

Grants

5

Total Given

$58K

Mary Barnes Donnelley Family Foundation

Chicago, IL

The Mary Barnes Donnelley Family Foundation supports scholarships and organizations, including education, animal welfare, and community groups, with 2024 grants ranging from $73 to $25,000 and a median of $10,000. Its grants went to multiple states, led by Tennessee and Illinois; the profile does not state whether it accepts unsolicited requests.

Assets

$2.8M

Grants

16

Total Given

$153K

Otto Baum Company Inc Foundation

Morton, IL

The foundation’s 2024 grants supported charitable organizations, including those working in job training, health care, disability services, outdoor education, and youth programs; 89% of grant dollars went to Illinois. Grants ranged from $100 to $10,000, with a median of $500. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$193K

Grants

48

Total Given

$57K

The Growmark Foundation

Bloomington, IL

The GROWMARK Foundation funds agricultural education and leadership, scholarships, cooperative education, youth programs, and community activities, with much of its grantmaking in Illinois and nearby Midwestern states. In 2025, grants ranged from $50 to $132,950, with a median of $2,000. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.3M

Grants

171

Total Given

$1.0M

Pella Rolscreen Foundation

Pella, IA

The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.

Assets

$22.4M

Grants

433

Total Given

$1.9M

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds nonprofits addressing economic mobility, wealth gaps, and urgent community needs, with priorities including homeownership, small businesses, education, quality jobs, and investment in underinvested communities. Its 2025 itemized grants had a median of $26,500, though awards vary widely; grants generally benefit Chicago-region residents, and the Trust directs applicants to open opportunities but does not state whether it accepts unsolicited requests.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Verizon Foundation

Basking Ridge, NJ

The Verizon Foundation funds digital inclusion, climate protection, human prosperity, K–12 literacy and STEM, and domestic violence education and prevention, with an emphasis on underserved and diverse communities. It gives nationally, with priority in California, Massachusetts, Minnesota, New Jersey, New York, and Virginia, and also supports work in India and Israel; 2024 grants ranged from $25 to $1 million, with a $500 median. It does not accept unsolicited requests; applications are by invitation only.

Assets

$23.8M

Grants

5,464

Total Given

$7.0M

Arthur J Gallagher Foundation

Rolling Meadows, IL

The Arthur J Gallagher Foundation funds education, philanthropy and voluntarism, and human services, with a primary focus on Illinois, California, and New York. Its 2024 grants ranged from $10 to $100,000, with a median of $250. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

—

Grants

2,692

Total Given

$1.6M

The Allstate Foundation

Northbrook, IL

The Allstate Foundation funds youth empowerment, efforts to prevent and address relationship abuse, nonprofit leadership, and related economic opportunity and equity work. Its 2024 grants ranged from $250 to $2 million, with a median of $1,000, and awards must support work in the United States. It accepts proposals from organizations beyond a preselected list; proposals are reviewed as received.

Assets

—

Grants

2,010

Total Given

$38.0M

Elks National Foundation Inc

Chicago, IL

The Elks National Foundation funds scholarships, youth programs, veterans services, disaster relief, and community projects, primarily through Elks Lodges and state associations in communities across the United States where Elks live and work. Its 2025 grants had a median of $8,500, though amounts varied widely; the listed Beacon and Freedom Grants are limited to Elks Lodges. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$954.1M

Grants

1,536

Total Given

$36.5M

Baxter International Foundation

Deerfield, IL

Baxter International Foundation funds healthcare access for underserved people, community programs, and STEM and other healthcare innovation, supporting nonprofits worldwide and especially in communities where Baxter operates. Its 2024 median grant was $212, though awards varied widely; it makes grants by invitation only and does not accept unsolicited requests.

Assets

$67.5M

Grants

1,300

Total Given

$13.7M

John D and Catherine T Macarthur

Chicago, IL

The foundation funds a broad range of work, including journalism, arts, Chicago communities, climate and clean energy, homelessness, human rights, and criminal justice reform. Its 2024 grants had a median of $160,000, with awards ranging from $450 to $21 million; funding is nationwide, with the largest shares going to New York, Illinois, and Washington, D.C. Application rules vary by program: some accept self-nominations or Letters of Inquiry, while others generally do not fund unsolicited proposals.

Assets

$9.3B

Grants

1,086

Total Given

$356.1M

More Funders in Illinois

Francis Roy Herink & Margaret Otto Herink Memorial Trust down — hundreds of funders to go?

Want AI to do this for you?