Sexson Memorial Music Scholarship Fund
Sexson Memorial Music Scholarship Fund is a private foundation focused on Education, based in Mattoon, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $127K in total assets. In 2025, it made $1K in qualifying distributions. Net investment income was $3K.
Sexson Memorial Music Scholarship Fund at a glance
- Total assets
- $126,907
- -1.5% vs 2024
- Revenue (2025)
- $3,021
- -60.2% vs 2024
- Qualifying distributions (2025)
- $1,194
- +0.9% vs 2024
- Expenses (2025)
- $4,948
- +37.5% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Sexson Memorial Music Scholarship Fund funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Sexson Memorial Music Scholarship Fund gives
- Giving grew 119% from 2020 to 2023. Method
- In 2025 it paid out 18% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2023, annual grant giving ranged from $6K (2020) to $13K (2023). In 2023 it made 1 grant totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Eastern Illinois University Charleston, IL | Support Music Education | $13,200 |
Ready to take the next step with Sexson Memorial Music Scholarship Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $126,907 | $3,021 | $4,948 | — | — | $1,194 | $3,086 | $6,635 |
| 2024 | $128,834 | $7,595 | $3,598 | — | — | $1,183 | $5,208 | $6,216 |
| 2023 | $124,837 | $246 | $18,391 | $13,200 | 1 | $14,379 | $1,984 | $6,656 |
| 2022 | $142,982 | $5,489 | $3,830 | — | — | $1,242 | $2,938 | $7,809 |
| 2021 | $141,323 | $2,331 | $12,556 | $8,800 | 2 | — | $2,680 | $7,834 |
| 2020 | $151,548 | $4,704 | $10,022 | $6,031 | 1 | — | $2,976 | $7,521 |
Under IRS private-foundation payout rules, Sexson Memorial Music Scholarship Fund reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Sexson Memorial Music Scholarship Fund's only listed officer is First MID Wealth Management, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
First MID Wealth Management
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2K, to First Mid Wealth Management (Trustee).
Frequently asked questions about Sexson Memorial Music Scholarship Fund
How large is Sexson Memorial Music Scholarship Fund?
Sexson Memorial Music Scholarship Fund reported $127K in total assets on its 2025 IRS Form 990-PF. It paid out $1K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Sexson Memorial Music Scholarship Fund?
Sexson Memorial Music Scholarship Fund is a private foundation focused on Education, based in Mattoon, IL. It holds $127K in total assets as of 2025.
Where does Sexson Memorial Music Scholarship Fund operate?
Sexson Memorial Music Scholarship Fund has awarded grants in Illinois, New York.
What is Sexson Memorial Music Scholarship Fund's EIN?
Sexson Memorial Music Scholarship Fund's EIN (Employer Identification Number) is 30-1018440. IRS Form 990 filing data is available on this page for 2020–2025.
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 2020–2025
Explore Open Grants
Browse active grant opportunities in Sexson Memorial Music Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Ann O'Donnell Trumbull Perpetual Charitable Trust
Peoria, IL
The trust supports education and tuition, food assistance, community services, emergency response, and fundraising for childhood disease research. Its 2024 grants ranged from $1,250 to $70,000, with a median of $6,000; 91% of funding went to Illinois, with smaller grants in Michigan, Wisconsin, Iowa, and Florida. It lists a contact and resume as required materials and has no deadline, but does not state whether it accepts unsolicited requests.
Assets
$11.9M
Grants
28
Total Given
$330K
The John C Griswold Family Foundation
Wilmington, DE
The John C Griswold Family Foundation supports a range of charitable organizations, including education, arts, and community and food-system initiatives. In 2025, grants ranged from $750 to $50,000, with a median of $4,500; the largest shares went to California, Illinois, Florida, New Mexico, and Connecticut. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$13.4M
Grants
76
Total Given
$657K
Betts George V & Cora Trust #113 co First State Bank and Trust
Monticello, IL
Assets
$448K
Grants
8
Total Given
$40K
George W and Wilma F Miller Trust
Canton, IL
The trust funds college tuition, fees, books, and housing through scholarships for graduates of Lewistown Community High School. In 2025, it made 17 grants totaling $62,000, ranging from $1,800 to $23,400; reported grants went to recipients in Illinois. Applications are handled by the high school’s guidance office, so requests are accepted through that process.
Assets
$1.4M
Grants
17
Total Given
$62K
The Leonard Rydell Foundation
Grand Forks, ND
The Leonard Rydell Foundation funds educational scholarships, with recent awards typically around $2,000 (the filing lists a maximum of $2,000 per award). It supports recipients in several states, especially Minnesota, North Dakota, South Dakota, Arizona, and Illinois. Applicants must use the prescribed form, and the filing gives a deadline of July before the school year; it does not state whether unsolicited requests are accepted.
Assets
$1.7M
Grants
23
Total Given
$54K
R D Cundiff Scholarship Trust Dtd 10121
East Peoria, IL
The R D Cundiff Scholarship Trust funds scholarships through colleges and universities, primarily in Illinois, with smaller grants reaching nearby states. In 2025, it awarded 19 grants totaling $128,775; awards ranged from $1,925 to $27,525, with a median of $1,925. It accepts no unsolicited requests and gives only to preselected organizations.
Assets
$3.0M
Grants
19
Total Given
$129K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Sexson Memorial Music Scholarship Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Sexson Memorial Music Scholarship Fund down — hundreds of funders to go?