Jennie Latzer Kaeser Educational Trust

Private foundation · Grantmaker Edwardsville, IL EIN: 37-1127639

Jennie Latzer Kaeser Educational Trust is a private foundation, based in Edwardsville, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $246K in total assets. In 2025, it awarded 1 grant totaling $16K. Net investment income was $9K.

Jennie Latzer Kaeser Educational Trust at a glance

In short: Jennie Latzer Kaeser Educational Trust gave $16K across 1 grant in 2025 (avg $16K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$15,758
-0.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$15,758
-0.0% vs 2024
Median grant
$15,758
Total assets
$246,337
-2.1% 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 Jennie Latzer Kaeser Educational Trust funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Highland Community School: $16KHighland Community School$16K

The largest 2025 recipient was Highland Community School ($16K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Highland

How Jennie Latzer Kaeser Educational Trust gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$5K$10K$15K$20K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $16K (2021) to $18K (2023). In 2025 it made 1 grant totaling $16K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Highland Community School Highland, ILFor Educational Purposes$15,758
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$246,337$16,008$21,173$15,7581$15,758$9,402$16,332
2024$251,689$15,333$20,651$15,7651$15,765$9,262$15,407
2023$257,072$-6,084$22,882$18,3501$18,350$6,169$15,167
2022$286,083$10,030$20,397$15,9571$15,957$5,378$16,310
2021$296,876$37,062$20,095$15,5371$15,537$31,364$16,646
2020$279,813$11,306$20,038$15,9041—$6,023$16,488

Under IRS private-foundation payout rules, Jennie Latzer Kaeser Educational Trust reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Jennie Latzer Kaeser Educational Trust's only listed officer is Busey Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Busey Bank

    Trustee

    On filings since 2020

    0.1 hrs/week

    $3K (2020) → $3K (2025)

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.

Compensation Overview

From 2025 IRS filing

Busey Bank — Trustee: $3KBusey BankTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Busey Bank (Trustee).

Frequently asked questions about Jennie Latzer Kaeser Educational Trust

How much does Jennie Latzer Kaeser Educational Trust give each year?

Jennie Latzer Kaeser Educational Trust gave $16K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $16K across 1 grant.

How large is Jennie Latzer Kaeser Educational Trust?

Jennie Latzer Kaeser Educational Trust reported $246K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Jennie Latzer Kaeser Educational Trust operate?

Jennie Latzer Kaeser Educational Trust has awarded grants in Illinois.

What is Jennie Latzer Kaeser Educational Trust's EIN?

Jennie Latzer Kaeser Educational Trust's EIN (Employer Identification Number) is 37-1127639. 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

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 21, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 24, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Jennie Latzer Kaeser Educational Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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