J Logan Gover Scholarhsip Fund

MATTOON, IL EIN: 26-1828225

J Logan Gover Scholarhsip Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $967K in total assets. In 2024, it awarded 11 grants totaling $49K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$967K

-2.2% YoY

Annual Giving

$49K

-24.1% YoY

Grant Count

11

-54.2% YoY

Avg Grant Size

$4K

+65.6% YoY

Under IRS private-foundation payout rules, J Logan Gover Scholarhsip Fund reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About J Logan Gover Scholarhsip Fund

Based on IRS filings

J Logan Gover Scholarhsip Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATTOON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $967K in total assets. In 2024, it awarded 11 grants totaling $49K. Net investment income was $25K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BourbonnaisChampaignCharlestonChicagoHumboldtLernaMattoonNormalPalatinePrescottSpringfieldVincennes

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$38K$75K$113K$150K20202021202220232024
Metric202420232022
Total Assets$967,255$989,022$1,025,964
Revenue$38,549$38,828$-19,576
Expenses$69,837$81,588$93,817
Qualifying Distributions$55,605$70,128$70,689
Net Investment Income$24,706$27,368$7,122
Distributable Amount$62,623$54,229$62,273

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$35K$53K$71K8 grants202010 grants20215 grants202224 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HANNAH SPAIN$6KKEIRA THOMAS$6KQUENTIN WRIGHT$6KSARA HANCOCK$6KELIZABETH STAPLETON$6KMACAYLA FINLEY$6KASHLEY EARP$6KST JOHN'S LUTHERAN CHURC…$4KRYLLEIGH HAWKINS$2KTYLER STARWALT$2K

Grant Size Distribution

58 grants across all recorded years

57<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hannah Spain ($5,522), Keira Thomas ($5,522), Quentin Wright ($5,522).

RecipientPurposeAmount
HANNAH SPAIN MATTOON, ILHIGHER EDUCATION EXPENSES$5,522
KEIRA THOMAS MATTOON, ILHIGHER EDUCATION EXPENSES$5,522
QUENTIN WRIGHT MATTOON, ILHIGHER EDUCATION EXPENSES$5,522
RYLLEIGH HAWKINS MATTOON, ILHIGHER EDUCATION EXPENSES$2,000
SARA HANCOCK LERNA, ILHIGHER EDUCATION EXPENSES$5,522
ST JOHN'S LUTHERAN CHURCH & SCHOOL MATTOON, ILSCHOLARSHIP FUND$4,400
TYLER STARWALT MATTOON, ILHIGHER EDUCATION EXPENSES$2,000
ELIZABETH STAPLETON MATTOON, ILHIGHER EDUCATION EXPENSES$5,522
OWEN HAWKINS MATTOON, ILHIGHER EDUCATION EXPENSES$2,000
MACAYLA FINLEY MATTOON, ILHIGHER EDUCATION EXPENSES$5,522

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FIRST MID WEALTH MAN…TRUSTEE$17K

From 2024 filing

NameTitleHoursCompensation
FIRST MID WEALTH MANAGEMENT COMPANYTRUSTEE2$16,610

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is J Logan Gover Scholarhsip Fund?

J Logan Gover Scholarhsip Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATTOON, IL. It holds $967K in total assets as of 2024.

How large is J Logan Gover Scholarhsip Fund?

As of 2024, J Logan Gover Scholarhsip Fund holds $967K in total assets with $39K in annual revenue. It awarded 11 grants totaling $49K in 2024.

Where does J Logan Gover Scholarhsip Fund operate?

J Logan Gover Scholarhsip Fund has awarded grants in Arizona, Illinois, Indiana, Missouri.

What size grants does J Logan Gover Scholarhsip Fund award?

In 2024, J Logan Gover Scholarhsip Fund awarded 11 grants totaling $49K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is J Logan Gover Scholarhsip Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J Logan Gover Scholarhsip Fund reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J Logan Gover Scholarhsip Fund's EIN?

J Logan Gover Scholarhsip Fund's EIN (Employer Identification Number) is 26-1828225. 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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