Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning
Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning is a private foundation, based in BLOOMINTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $277K in total assets. In 2024, it awarded 5 grants totaling $13K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$277K
+10.8% YoY
Annual Giving
$13K
-3.7% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$3K
-3.7% YoY
Under IRS private-foundation payout rules, Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning
Based on IRS filings
Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning is a private foundation, based in BLOOMINTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $277K in total assets. In 2024, it awarded 5 grants totaling $13K. Net investment income was $12K.
Ready to take the next step with Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $277,468 | $250,515 | $249,072 |
| Revenue | $12,260 | $9,569 | $8,816 |
| Expenses | $13,000 | $14,703 | $17,524 |
| Qualifying Distributions | $13,000 | $13,500 | $16,739 |
| Net Investment Income | $12,260 | $9,569 | $8,816 |
| Distributable Amount | $13,542 | $12,246 | $13,494 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Heather Weer ($3,750), Storie Nafziger ($3,750), Illinois Scottish Rite Scholarship ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Heather Weer Bloomington, IL | Educational Scholarship | $3,750 |
| Storie Nafziger Hudson, IL | educational scholarship | $3,750 |
| Thomas Nafziger Hudson, IL | educational sscholarship | $1,750 |
| Alayna Lyn Yerington Hudson, IL | educational scholarship | $1,750 |
| Illinois Scottish Rite Scholarship Bloomingdale, IL | grant to statewide scholarship granting 501c3 | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Todd M Long | President | — | — |
| Connor JK Ramsey | Vice President | — | — |
| Daniel S Yandel | Treasurer | — | — |
| Barry D Weer | Secretary | 0.01 | — |
| Harold C Presley | Director | — | — |
Frequently Asked Questions
How large is Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning?
As of 2024, Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning holds $277K in total assets with $12K in annual revenue. It awarded 5 grants totaling $13K in 2024.
Where does Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning operate?
Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning has awarded grants in Florida, Illinois.
What size grants does Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning award?
In 2024, Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning awarded 5 grants totaling $13K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning's EIN?
Herbert T Mclean Memorial Created by Edyth Loomis Mclean Lanning's EIN (Employer Identification Number) is 51-0176145. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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