Mercedes L Hoag Charitable Trust
Mercedes L Hoag Charitable Trust is a private foundation, based in MATTOON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $757K in total assets. In 2025, it awarded 13 grants totaling $203K. Net investment income was $72K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$757K
-15.5% YoY
Annual Giving
$203K
-9.6% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$16K
-9.6% YoY
Under IRS private-foundation payout rules, Mercedes L Hoag Charitable Trust reported a distributable amount of $205K for 2025 — the minimum it must pay out in qualifying distributions.
About Mercedes L Hoag Charitable Trust
Based on IRS filings
Mercedes L Hoag Charitable Trust is a private foundation, based in MATTOON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $757K in total assets. In 2025, it awarded 13 grants totaling $203K. Net investment income was $72K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $756,594 | $894,953 | $1,001,345 |
| Revenue | $102,394 | $150,804 | $104,358 |
| Expenses | $240,753 | $257,196 | $166,814 |
| Qualifying Distributions | $208,222 | $230,848 | $143,194 |
| Net Investment Income | $71,878 | $126,377 | $82,553 |
| Distributable Amount | $205,166 | $206,232 | $207,992 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Quincy University ($40,000), Diocese of Springfield ($30,000), Immaculate Conception Church ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DIOCESE OF SPRINGFIELD SPRINGFIELD, IL | OPERATING EXPENSES | $30,000 |
| CALVARY CEMETERY MATTOON, IL | OPERATING EXPENSES | $20,000 |
| CAMP NEW HOPE MATTOON, IL | OPERATING EXPENSES | $3,000 |
| COLES CO COUNCIL ON AGING CHARLESTON, IL | OPERATING EXPENSES | $3,000 |
| IMMACULATE CONCEPTION CHURCH MATTOON, IL | OPERATING EXPENSES/SPECIAL OFFERINGS | $30,000 |
| KNIGHTS OF COLUMBUS 1057 MATTOON, IL | CHARITABLE PROJECTS | $15,000 |
| MATTOON COMMUNITY FOOD CENTER MATTOON, IL | OPERATING EXPENSES | $3,000 |
| MID-IL BIG BROTHER BIG SISTERS CHARLESTON, IL | OPERATING EXPENSES | $3,000 |
| PRESENCE COVENANT MEDICAL CENTER URBANA, IL | OPERATING EXPENSES | $10,000 |
| QUINCY UNIVERSITY QUINCY, IL | SCHOLARSHIPS | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FMWM CO TRUSTEE FEES | TRUSTEE | 1 | $11,558 |
| FMWM CO MANAGEMENT FEES | TRUSTEE | 1 | $3,921 |
Frequently Asked Questions
How large is Mercedes L Hoag Charitable Trust?
As of 2025, Mercedes L Hoag Charitable Trust holds $757K in total assets with $102K in annual revenue. It awarded 13 grants totaling $203K in 2025.
Where does Mercedes L Hoag Charitable Trust operate?
Mercedes L Hoag Charitable Trust has awarded grants in Illinois.
What size grants does Mercedes L Hoag Charitable Trust award?
In 2025, Mercedes L Hoag Charitable Trust awarded 13 grants totaling $203K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Mercedes L Hoag Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mercedes L Hoag Charitable Trust reported a distributable amount of $205K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mercedes L Hoag Charitable Trust's EIN?
Mercedes L Hoag Charitable Trust's EIN (Employer Identification Number) is 37-1255778. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Mercedes L Hoag Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.