Glenn E & Bessie R Costello Trust
Glenn E & Bessie R Costello Trust is a private foundation, based in Carrollton, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $289K in total assets. In 2025, it awarded 2 grants totaling $23K. Net investment income was $8K.
Glenn E & Bessie R Costello Trust at a glance
In short: Glenn E & Bessie R Costello Trust gave $23K across 2 grants in 2025 (avg $11K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $22,539
- +26.1% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $11,270
- +26.1% vs 2024
- Median grant
- $11,270
- Total assets
- $288,772
- -4.9% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Glenn E & Bessie R Costello Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was 9 Local Churches ($17K). Together the top 2 received $23K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Glenn E & Bessie R Costello Trust gives
- Giving grew 94% from 2022 to 2025. Method
- In 2025 it paid out 155% 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 2025, annual grant giving ranged from $11K (2023) to $23K (2025). In 2025 it made 2 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 9 Local Churches Carrollton, IL | Charitable Programs | $16,678 |
| Medical Expenses Carrollton, IL | Charitable Programs | $5,861 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $288,772 | $8,365 | $23,197 | $22,539 | 2 | $22,539 | $8,365 | $14,502 |
| 2024 | $303,604 | $8,737 | $18,461 | $17,877 | 2 | $17,877 | $8,722 | $15,091 |
| 2023 | $313,328 | $8,570 | $10,990 | $10,509 | 1 | $10,509 | $8,555 | $15,377 |
| 2022 | $315,748 | $2,607 | $12,065 | $11,592 | 1 | $11,592 | $2,557 | $15,767 |
| 2021 | $325,206 | $915 | $22,882 | $22,431 | 2 | $22,431 | $900 | $16,589 |
| 2020 | $347,173 | $4,049 | $18,630 | $18,171 | 1 | — | $4,034 | $17,431 |
Under IRS private-foundation payout rules, Glenn E & Bessie R Costello Trust reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Glenn E & Bessie R Costello Trust is led by Andrew Kanp, President on every filing since 2024; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew Kanp
President
On filings since 2024
No compensation reported
Cory Rimbey
Director
On filings since 2024
No compensation reported
Deb Verity
Director
On filings since 2024
No compensation reported
Pam Keller
Director
On filings since 2024
No compensation reported
Carla Winters
Secretary
Director → Secretary, 2024
On filings since 2020
No compensation reported
Lisa Meisenheimer
Treasurer
Director → Treasurer, 2025
On filings since 2020
No compensation reported
Janet Goben
Vice President
On filings since 2024
No compensation reported
Former officers (6)
- Former: Richard Gillingham (2020–2024) — Treasurer
- Former: Kim Fansler (2020–2023) — President
- Former: Penny Eilers (2020–2023) — Director
- Former: Richard Greenlief (2020–2023) — Director
- Former: Scott Seely (2020–2023) — Director
- Former: Tom Schnelt (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Glenn E & Bessie R Costello Trust
How much does Glenn E & Bessie R Costello Trust give each year?
Glenn E & Bessie R Costello Trust gave $23K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 2 grants.
How large is Glenn E & Bessie R Costello Trust?
Glenn E & Bessie R Costello Trust reported $289K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).
Where does Glenn E & Bessie R Costello Trust operate?
Glenn E & Bessie R Costello Trust has awarded grants in Illinois.
What is Glenn E & Bessie R Costello Trust's EIN?
Glenn E & Bessie R Costello Trust's EIN (Employer Identification Number) is 37-6363926. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Glenn E & Bessie R Costello Trust funds
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