John C Sanders Scholarship Fund
John C Sanders Scholarship Fund is a private foundation, based in Danville, IL. IRS filing data is available from 2021 through 2023. In 2023, it awarded 2 grants totaling $22K. Net investment income was $759.
John C Sanders Scholarship Fund at a glance
In short: John C Sanders Scholarship Fund gave $22K across 2 grants in 2023 (avg $11K), mostly in Illinois. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $21,963
- +527.5% vs 2022
- Grants made (2023)
- 2
- +0.0% vs 2022
- Average grant
- $10,982
- +527.5% vs 2022
- Median grant
- $10,982
- Primary geography
- Illinois (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who John C Sanders Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Community Foundation of East Central Illinois ($19K). Together the top 2 received $22K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
Cities
How John C Sanders Scholarship Fund gives
- In 2022 it paid out 371% 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 2022 to 2023, annual grant giving ranged from $4K (2022) to $22K (2023). In 2023 it made 2 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of East Central Illinois Champaign, IL | Irrevocable gift to foundation to further the scholarship fund's financial growth. | $19,463 |
| Illinois State University Normal, IL | Scholarship | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $845 | $22,486 | $21,963 | 2 | $22,392 | $759 | — |
| 2022 | $21,682 | $-1,244 | $4,275 | $3,500 | 2 | $4,088 | $475 | $1,102 |
| 2021 | $27,203 | $2,534 | $700 | — | — | $547 | $2,294 | $1,390 |
Leadership & Key People
Officers and directors from IRS filings
John C Sanders Scholarship Fund is led by Curt Towne, Scholarship Committee Chair on the 2023 filing; 1 of 2 officers listed in 2023 is compensated.
Officers on the 2023 filing
Curt Towne
Scholarship Committee Chair
New on the 2023 filing
1 hr/week
No compensation reported
OLD National Wealth Management
Trustee -
Trustee → Trustee -, 2023
On filings since 2022
1 hr/week
$637 (2022) → $499 (2023)
Former officers (1)
- Former: First Midwest Bank OLD National (2021) — Trustee
Data from IRS Form 990 filings, 2021–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $499, to Old National Wealth Management (Trustee - Resigned 10/18/23).
Frequently asked questions about John C Sanders Scholarship Fund
How much does John C Sanders Scholarship Fund give each year?
John C Sanders Scholarship Fund gave $22K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $4K across 2 grants.
Where does John C Sanders Scholarship Fund operate?
John C Sanders Scholarship Fund has awarded grants in Illinois, Tennessee.
What is John C Sanders Scholarship Fund's EIN?
John C Sanders Scholarship Fund's EIN (Employer Identification Number) is 61-6385714. IRS Form 990 filing data is available on this page for 2021–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2023
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