Edith Masters Testamentary Trust FY2020 filing

Tax-deductible

Petersburg, IL501(c)(3)EIN 37-6141924Revenue $44K in FY2020

On file with the IRSPo Box 470, 62675-0470 · Petersburg, ILTax-exempt since Jul 1975Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $260K a year · 76% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$44K
Spent
$52K
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$44K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$44K
FY2021$47K
FY2022$1.4M
FY2023$116K
FY2024$91K
Expenses
$52K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$52K
FY2021$57K
FY2022$66K
FY2023$140K
FY2024$93K
Net assets
$1.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.3M
FY2022$1.6M
FY2023$1.6M
FY2024$1.5M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 51% · $27K Operating & administrative 49% · $25K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Edith Masters Testamentary Trust executive salaries →

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Programs and updates

A private foundation based in Petersburg, IL.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 16 grants · $79K · 2024–2024
Illinois State UniversityFY2024$10,650
University of MissouriFY2024$7,100
University of IllinoisFY2024$7,100
University of MissouriFY2024$7,100
University of IllinoisFY2024$7,100
Illinois CollegeIL · FY2024$7,100
Univ of Illinois - SpringfieldFY2024$3,550
Southern Il Univ - EdwardsvilleFY2024$3,550
Rose Hulman Inst of TechnologyFY2024$3,550
Murray State UniversityFY2024$3,550
Monmouth CollegeIL · FY2024$3,550
Missouri Valley CollegeMO · FY2024$3,550
Aurora UniversityIL · FY2024$3,550
Augustana CollegeIL · FY2024$3,550

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$5K
Median grantPart XV$4K
Largest grantPart XV$11K
Top cause focusNTEEColleges & Universities (31%)

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$44K
Other income$41K
Investment income$3K
Money out
$52K
Grants paid$27K
Running costs$25K
Owns and owes
$1.3M
net assets
Cash and savings$16K
Total assets$1.3M
Liabilities$0
2In more detail
Revenue in detail
Investment income$3K
Other income$41K
Total revenue$44K
Assets in detailEnd of year
Cash and savings together$16K
Total assets$1.3M
Liabilities$0
Net assets$1.3M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $91K$93K−$2K$1.5M 990 PDF
FY2023 $116K$140K−$24K$1.6M 990 PDF
FY2022 $1.4M$66K$1.3M$1.6M 990 PDF
FY2021 $47K$57K−$10K$1.3M 990 PDF
FY2020 Viewing $44K$52K−$8K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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