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 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 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
Live grants for the work Sexson Memorial Music Scholarship Fund funds
Education Open opportunities, soonest deadline first.
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