Mason Scholarship Fund

MATTOON, IL EIN: 37-6024616

Mason Scholarship Fund is a private foundation, based in MATTOON, IL. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $4.4M. Net investment income was $67K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$4.4M

Grant Count

4

Avg Grant Size

$1.1M

About Mason Scholarship Fund

Based on IRS filings

Mason Scholarship Fund is a private foundation, based in MATTOON, IL. IRS filing data is available for 2020. In 2020, it awarded 4 grants totaling $4.4M. Net investment income was $67K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

EffinghamMattoon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M2020
Metric2020
Total Assets
Revenue$4,014,359
Expenses$4,446,249
Qualifying Distributions
Net Investment Income$66,986
Distributable Amount$214,411

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M4 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2020

SOUTHEASTERN IL COMMUNIT…$4.0MSOUTHEASTERN IL COMMUNIT…$291KSCHOLARSHIP RECIPIENTS$101KFIRST UNITED METHODIST C…$500

Grant Size Distribution

4 grants across all recorded years

1<$50K$50–100K1$100–250K1$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

1ST MID-IL BANK TRUS…TRUSTEE$7K1ST MID-IL BANK TRUS…TRUSTEE$6K

From 2020 filing

NameTitleHoursCompensation
1ST MID-IL BANK TRUST-TRUSTEE FEETRUSTEE1$7,145
1ST MID-IL BANK TRUST-MGMT FEETRUSTEE1$5,813

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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