Weber Medical Foundation Trust First National Bank Sole Trustee
Weber Medical Foundation Trust First National Bank Sole Trustee is a private foundation, based in Olney, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $114K in total assets. In 2025, it awarded 1 grant totaling $8K. Net investment income was $7K.
Weber Medical Foundation Trust First National Bank Sole Trustee at a glance
In short: Weber Medical Foundation Trust First National Bank Sole Trustee gave $8K across 1 grant in 2025 (avg $8K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,794
- -2.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $7,794
- -2.7% vs 2024
- Median grant
- $7,794
- Total assets
- $114,217
- -1.9% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Weber Medical Foundation Trust First National Bank Sole Trustee funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Southern IL Healthcare Foundation ($8K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Weber Medical Foundation Trust First National Bank Sole Trustee gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 94% 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 2019 to 2025, annual grant giving ranged from $7K (2021) to $8K (2022). In 2025 it made 1 grant totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southern IL Healthcare Foundation Olney, IL | BP Monitor and INR Monitor | $7,794 |
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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 | $114,217 | $7,673 | $9,916 | $7,794 | 1 | $8,784 | $6,548 | $9,360 |
| 2024 | $116,460 | $5,740 | $10,126 | $8,012 | 1 | $8,942 | $4,615 | $8,724 |
| 2023 | $120,846 | $5,247 | $9,977 | $7,855 | 1 | $8,785 | $4,122 | $8,127 |
| 2022 | $131,182 | $5,090 | $10,277 | $8,293 | 1 | $9,118 | $3,965 | $8,695 |
| 2021 | $130,763 | $4,243 | $9,333 | $7,285 | 1 | — | $3,118 | $9,111 |
| 2019 | $139,637 | $8,059 | $9,514 | $7,450 | 1 | — | $6,934 | $8,067 |
Under IRS private-foundation payout rules, Weber Medical Foundation Trust First National Bank Sole Trustee reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Weber Medical Foundation Trust First National Bank Sole Trustee's 2025 filing lists 5 officers; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
First National Bank
Trustee
On filings since 2019
1 hr/week
$2K (2019) → $2K (2025)
Luis De Venecia MD
Advisor
On filings since 2019
0.1 hrs/week
No compensation reported
Rise Hatten MD
Advisor
On filings since 2019
0.1 hrs/week
No compensation reported
Jamie Bump Np
Advisor
On filings since 2023
0.1 hrs/week
No compensation reported
Kylie Garbe Np
Advisor
On filings since 2023
0.1 hrs/week
No compensation reported
Former officers (5)
- Former: William Padgett MD (2022–2024) — Advisor
- Former: Karen Winkels (2019–2022) — Advisor
- Former: Kylie Garbe (2022) — Advisor
- Former: Janie Tompson (2019–2021) — Advisor
- Former: Stephen Reid MD (2019) — Advisor
Data from IRS Form 990 filings, 2019–2025. "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 National Bank (Trustee).
Frequently asked questions about Weber Medical Foundation Trust First National Bank Sole Trustee
How much does Weber Medical Foundation Trust First National Bank Sole Trustee give each year?
Weber Medical Foundation Trust First National Bank Sole Trustee gave $8K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 1 grant.
How large is Weber Medical Foundation Trust First National Bank Sole Trustee?
Weber Medical Foundation Trust First National Bank Sole Trustee reported $114K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $9K (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.
Where does Weber Medical Foundation Trust First National Bank Sole Trustee operate?
Weber Medical Foundation Trust First National Bank Sole Trustee has awarded grants in Illinois.
What is Weber Medical Foundation Trust First National Bank Sole Trustee's EIN?
Weber Medical Foundation Trust First National Bank Sole Trustee's EIN (Employer Identification Number) is 37-1109145. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 13, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 21, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 23, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 17, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS November 24, 2025)
- IRS filings on file for fiscal years 2019–2025
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