Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
7 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Improves communities and provides educational services for area development.
Questions for Bement Foundation
Your first name shows with your question. Bement Foundation answers here, for everyone.
Educational Scholarships
The organization gave six scholarships to four individuals during 2022.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1358309) · Dispute this lineCommunity Development
Grant to village of Bement, il: veterans memorial services: under the veterans memorial program the organization provided monie for improvements and related upkeep services to the memorial for the benefit of the community and all veterans.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1358309) · Dispute this lineCommunity Benefit
The organization gave monies to the community Foundation of east central illinois to assist with the sangamon valley CEO program for the benefit of Bement and other area schools.
Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1358309) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $584K | $586K |
| Total assetsLn 16 | $584K | $586K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $584K | $586K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1K | $1K | ||
| Grants to domestic individualsLn 2 | $8K | $8K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Office expensesLn 13 | $15 | $15 | ||
| Total functional expensesLn 25 | $10K | $9K | $2K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Jun 12, 2025 | $27K | $21K | $6K | $596K | 990 PDF |
| FY2023Filed with the IRS Nov 6, 2024 | $26K | $22K | $4K | $590K | 990 PDF |
| FY2022 ViewingFiled with the IRS Jun 7, 2024 | $12K | $10K | $1K | $586K | 990 PDF |
| FY2021Filed with the IRS Nov 11, 2022 | $13K | $13K | $265 | $584K | 990 PDF |
| FY2020Filed with the IRS Jun 11, 2021 | $19K | $26K | −$8K | $584K | 990 PDF |
Schedules filed Part IV
See the full FY2022 990
Part I · Summary $11,756 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 5 to look at
Part VIII · Statement of revenue $11,756 across 4 lines filed
Part IX · Statement of functional expenses $10,410 across 4 lines filed
Part X · Balance sheet $585,713 assets, 8 lines filed
Part XI · Reconciliation of net assets $585,713 net assets at year end
Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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