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.
Ready to take the next step with Mercedes L Hoag Charitable Trust?
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
Similar Funders
Funders that support many of the same organizations
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
The Lumpkin Family Foundation
MATTOON, IL
Assets
$39.9M
Grants
209
Total Given
$4.0M
United Way of Coles County Inc
MATTOON, IL
Assets
$147K
Grants
17
Total Given
$177K
Howell-adams Family Foundation
MATTOON, IL
Assets
$2.5M
Grants
29
Total Given
$123K
The Sparks Foundation Trust
MATTOON, IL
Assets
—
Grants
12
Total Given
$199K
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Southeastern Illinois Community
EFFINGHAM, IL
Assets
$74.3M
Grants
59
Total Given
$4.7M
Stillwell Foundation
QUINCY, IL
Assets
$1.0M
Grants
11
Total Given
$70K
Jones Family Charitable Foundation
SARASOTA, FL
Assets
—
Grants
27
Total Given
$14K
Jc and Jewel Mcmullen Charitable
LAKE PARK, GA
Assets
$121K
Grants
18
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Mercedes L Hoag Charitable Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities