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Joe W Ingram Trust

SALISBURY, MO EIN: 44-6006475 Website

The Joe W Ingram Trust is a private foundation established in 1960 (with tax-exempt status granted in August 1963) and located in Salisbury, Missouri. The Trust was established upon the deaths in the late 1950s of Joe and Ida Ingram, majority owners of the Salisbury Savings Bank. The organization is managed by two co-trustees and a Committee of twelve individuals who determine how the Trust's income is allocated.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1000K

+9.7% YoY

Grant Count

277

+9133.3% YoY

Avg Grant Size

$4K

-98.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Trust's income is dedicated exclusively to benefiting residents of Chariton County, Missouri. The organization operates three primary program areas:

Student Loans for Educational Study: The Trust provides loans to Chariton County residents for post-secondary education costs, including college and trade school expenses. During 2023, approximately 149 new loans/grants were made through this program. Loans carry a current interest rate of 4 percent and mature over 10 years. Loans are interest-free while students are enrolled in school and during a six-month grace period following enrollment. Payments begin after the grace period concludes.

Valedictorian and Salutatorian Scholarships: The Trust awards scholarships and grants to graduating seniors from Chariton County high schools who are named valedictorians or salutatorians, or who maintain a 3.0 or better cumulative GPA during their four years of high school. During 2023, 59 grants were made through this program.

Community Grants: The Trust makes grants to Chariton County governmental units (schools, municipal parks and recreation departments) and Section 501(c)(3) charitable organizations (libraries, museums, food banks) to support their charitable and educational purposes.

Grantmaking

The Trust's student loan program operates on a sustainable model where all repayments of principal and interest are recycled to fund additional loans and grants. By 2015, the Trust was spending approximately $1.2 million annually for these purposes.

Review Cycle

**: Student loan applications have a deadline of April 1 for summer sessions.

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Geographic Focus

Where this funder awards grants

Chariton County, Missouri exclusively. All Trust benefits are restricted to residents of Chariton County.

Grant Distribution by State

3states

Cities

BROOKFIELDBRUNSWICKBrunswickCOLUMBIAColumbiaDALLASFayetteGLASGOWKEYTESVILLEKeytesvilleMARCELINEMARSHALLMENDONMcLeanMendonNEW CAMBRIAROTHVILLESALISBURYSUMNERSalisbury

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total assets: $14,853,853
  • Total revenues: $620,646
  • Total expenses: $1,075,932
  • Total giving: $911,222

Revenue Breakdown (2023):

  • Investment income and dividends: $371,623
  • Grants and contributions: $25,014
  • Net gain from sale of non-inventory assets: $68,177
  • Miscellaneous revenues: $155,832

Staffing: The organization operates with zero employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1000K3 grants202123 grants20223 grants2023277 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SALISBURY R-IV SCHOOL$102KBRUNSWICK R-II SCHOOL$75KNORTHWESTERN R-I SCHOOL$59KNORTHWESTERN R-I SCHOOL …$55KKEYTESVILLE R-III SCHOOL$53KST JOSEPH CATHOLIC SCHOOL$51KCCCF - BRUNSWICK AREA PO…$24KST JOSEPH CATHOLIC SCHOOL$22KTHE FOOD BANK FOR NORTHE…$15KSALISBURY FOOD PANTRY$14K

Grant Size Distribution

79 grants across all recorded years

69<$50K7$50–100K1$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Salisbury R-iv School ($102,101), Brunswick R-ii School ($75,144), Northwestern R-i School ($59,073).

RecipientPurposeAmount
KEYTESVILLE LIBRARY ASSOC INC KEYTESVILLE, MOSALARIES$13,000
CITY OF KEYTESVILLE GENERAL STERLING PRICE MUSEUM KEYTESVILLE, MOMAY 2024 THROUGH OCTOBER 2024 HOSTESS SALARIES$3,960
SALISBURY RIV SCHOOL DISTRICT SALISBURY, MO2023 UNSOLICITED GRANT FOR BUDDY PACK ADDITIONAL FUNDS$2,900
UNIVERSITY OF MISSOURI EXTENSION KEYTESVILLE, MO2024 GOVERNMENT DAY FOR 3-15-2024$2,000
CHARITON COUNTY HISTORICAL SOCIETY SALISBURY, MO2024 HOSTESS SALARIES$4,050
UNIVERSITY OF MISSOURI EXTENSION KEYTESVILLE, MO2024 SUMMER INTERNSHIP$4,500
ST JOSEPH CATHOLIC PRESCHOOL SALISBURY, MOPOTTS PARK SCIENCE FIELD TRIP$600
NORTHWESTERN R-I SCHOOL DISTRICT MENDON, MOSCIENCE/AG CLASSROOM RENOVATIONS$55,000
UNIVERSITY OF MISSOURI EXTENSION KEYTESVILLE, MOSAFE SITTERS PROGRAM$1,286
UNIVERSITY OF MISSOURI EXTENSION KEYTESVILLE, MOCLOVER KIDS DAY CAMP$1,165

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DAVID STURMCO-TRUSTEE$17KJEFFREY GEBHARDTCO-TRUSTEE$4KJOHN RATLIFFCO-TRUSTEE$1K

From 2024 filing

NameTitleHoursCompensation
DAVID STURMCO-TRUSTEE1$17,202
JOHN RATLIFFCO-TRUSTEE1$1,300
JEFFREY GEBHARDTCO-TRUSTEE1$3,600

Contact Information

Frequently Asked Questions

What does Joe W Ingram Trust fund?

The Trust's income is dedicated exclusively to benefiting residents of Chariton County, Missouri. The organization operates three primary program areas: **Student Loans for Educational Study**: The Trust provides loans to Chariton County residents for post-secondary education costs, including college and trade school expenses. During 2023, approximately 149 new loans/grants were made through this program. Loans carry a current interest rate of 4 percent and mature over 10 years. Loans are inter…

How do I apply for a grant from Joe W Ingram Trust?

The Trust's student loan program operates on a sustainable model where all repayments of principal and interest are recycled to fund additional loans and grants. By 2015, the Trust was spending approximately $1.2 million annually for these purposes. **Recent Activity (2023)**: • Total giving: $911,222 • Valedictorian/salutatorian scholarships: 59 grants made ($36,250 in expenses) • Student loans/grants for educational study: approximately 149 new loans/grants made ($19,544 in expenses) **Applic…

Where does Joe W Ingram Trust make grants?

Chariton County, Missouri exclusively. All Trust benefits are restricted to residents of Chariton County.

What size grants does Joe W Ingram Trust award?

In 2024, Joe W Ingram Trust awarded 277 grants totaling $1000K — an average of about $4K per grant, based on its IRS Form 990 filings.

What is Joe W Ingram Trust's EIN?

Joe W Ingram Trust's EIN (Employer Identification Number) is 44-6006475. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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