FOSTER AND MARALEE OVERCASH SCHOLARSHIP TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FOSTER AND MARALEE OVERCASH SCHOLARSHIP TRUST (EIN 37-6304824)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-10
- IRS object ID
- 202531619349100003
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Applied To Prior Year Election
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-06-10T09:01:24-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 370435170 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIDAMERICA NATIONAL BANK | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 NORTH SIDE SQUARE | AddressLine1Txt |
| City | Macomb | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 61455 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 376304824 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOSTER AND MARALEE OVERCASH SCHOLARSHIP TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOST | BusinessNameControlTxt |
| Phone | 3096475000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WEST ELM STREET | AddressLine1Txt |
| City | CANTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 61520 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICK CARTER | PersonNm |
| Person Title | Trustee | PersonTitleTxt |
| Phone | 3096475000 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TIMOTHY E MOSS | PreparerPersonNm |
| PTIN | P01060452 | PTIN |
| Phone | 3098334111 | PhoneNum |
| Preparation | 2025-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,059,621 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends Rev And Expnss | $27,926 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $27,926 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $219 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $160,219 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $219 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,532 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $32 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $29,677 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $28,177 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $275 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $275 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $7,959 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $7,959 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $738 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $115 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $115 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $9,087 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,349 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $57,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $57,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $66,087 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,349 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $57,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$36,410 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,828 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $82,596 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $125,882 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $125,882 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $257,352 | CorporateStockBOYAmt |
| Corporate Stock EOY | $257,352 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $702,843 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $160,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $80,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $79,980 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $164,874 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $164,874 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $150,916 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $664,822 | TotalAssetsBOYAmt |
| Total Assets EOY | $628,108 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,059,621 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $664,822 | CapitalStockBOYAmt |
| Capital Stock EOY | $628,108 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $664,822 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $628,108 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $664,822 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $628,108 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $664,822 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$36,410 | ExcessRevenueOverExpensesAmt |
| Other Increases | $542 | OtherIncreasesAmt |
| Subtotal | $628,954 | SubtotalAmt |
| Other Decreases | $846 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $628,108 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt |
|---|---|---|---|---|---|---|
| 40000. LIBERTY FED CU CD 4.90% DUE 01/16/24 | 2023-01-06 | 2024-01-16 | $40,000 | $40,000 | ||
| 40000. TOUCHMARK NATIONAL BANK CD 4.85% DUE 02/ | 2023-02-17 | 2024-02-28 | $40,000 | $40,000 | ||
| 40000. STATE BANK OF INDIA CD 3.35% DUE 08/22/2 | 2022-08-10 | 2024-08-22 | $40,000 | $40,000 | ||
| 40000. CAPITAL ONE BANK CD 3.25% DUE 08/26/24 | 2022-08-18 | 2024-08-26 | $40,000 | $40,000 | ||
| CAPITAL GAIN DIVIDENDS | P | $219 | ||||
| CAPITAL GAIN DIVIDENDS | P | $219 | ||||
| CAPITAL GAIN DIVIDENDS | P | $219 | ||||
| CAPITAL GAIN DIVIDENDS | P | $219 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $219 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $276 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $276 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $276 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $680 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $680 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $404 | OverpaymentAmt |
| Applied To ES Tax | $276 | AppliedToESTaxAmt |
| Refund | $128 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MidAmerica National Bank- | BusinessNameLine1Txt |
| Business Name Line2 | Wealth Management | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3096475000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 WEST ELM STREET | AddressLine1Txt |
| City | CANTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 61520 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| Patrick Carter | ||||||
| 435 Rosewood Drive | Canton | IL | 61520 | Trustee | 1 | $0 |
| Gary Barnhart | ||||||
| 28953 N Woodside Drive | Canton | IL | 61520 | Trustee | 1 | $0 |
| Superintendent-Canton Union Schools | ||||||
| 20 West Walnut | Canton | IL | 61520 | Trustee | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE TRUST AWARDED SCHOLARSHIPS TO STUDENTS FROM CANTON HIGH CANTON, ILLINOIS. | Description1Txt |
| Expenses1 | $57,000 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $982,459 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $110,513 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,092,972 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,092,972 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $16,395 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,076,577 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $53,829 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $53,829 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $276 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $276 | TotalTaxAmt |
| Distributable Before Adj | $53,553 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $1,500 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $55,053 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $55,053 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $57,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $57,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $55,053 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $46,198 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $57,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $46,198 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $10,802 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $44,251 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MidAmerica National Bank Wealth Man | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 West Elm Street | AddressLine1Txt |
| City | Canton | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 61520 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3096475000 | RecipientPhoneNum |
| Form And Info And Materials | MidAmerica National Bank Wealth Management administers the applications | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | April 1st | SubmissionDeadlinesTxt |
| Restrictions On Awards | Applicants must be graduates of Canton High School and enrolled in a 4-year college. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Bradley University | |||||||
| 1501 WEST BRADLEY AVENUE | Peoria | IL | 612650001 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $1,500 |
| Loyola University Chicago | |||||||
| 1032 W SHERIDAN RD | Chicago | IL | 60660 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Elmhurst University | |||||||
| OFFICE OF STUDENT FINANCIAL SERVICE | Elmhurst | IL | 60126 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Olivet Nazarene University | |||||||
| ONE UNIVERSITY DRIVE | Bourbonnais | IL | 60914 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Illinois College | |||||||
| 1101 WEST COLLEGE AVE | Jacksonville | IL | 62650 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Monmouth College | |||||||
| 700 EAST BROADWAY | Monmouth | IL | 61462 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Illinois Wesleyan University | |||||||
| 1312 PARK ST | Bloomington | IL | 61701 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $9,000 |
| Western Illinois University | |||||||
| 1 UNIVRERSITY CIRCLE | Macomb | IL | 61455 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $6,000 |
| University of Illinois | |||||||
| 901 WEST ILLINOIS STREET | Urbana | IL | 61801 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $12,000 |
| Southern Illinois University-Carbondale | |||||||
| 1263 LINCOLN DR | Carbondale | IL | 62901 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $1,500 |
| Illinois State University | |||||||
| 101 ALUMNI CENTER | Normal | IL | 61790 | NONE | PC | SCHOLARSHIP TO CANTON HIGH | $6,000 |
| University of Iowa | |||||||
| 105 JESSUP HALL | Iowa City | IA | 52242 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Missouri State University | |||||||
| 901 S NATIONAL AVE | Springfield | MO | 65897 | NONE | PC | SCHOLARSHIP FOR CANTON HIGH | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $57,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $27,926 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $219 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionAmt |
|---|---|
| CLASS ACTION-CTSH | $32 |
| UNUSED SCHOLARSHIP | $1,500 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $29,677 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,677 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $275 | Amt |
| Net Investment Income | $275 | NetInvestmentIncomeAmt |
Applied To Prior Year Election AppliedToPriorYearElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | Taxpayer elects to apply qualifying distributions to undistributed income from prior years pursuant to Sec. 53.492(a)-3(d)(2). | ElectionDesc |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CAPITAL ONE BANK CD, 3.25%, DU | ||
| STATE BANK OF INDIA CD, 3.35%, | ||
| LIBERTY FED CU CD, 4.9%, DUE 0 | ||
| TOUCHMARK NAATINAL BANK CD, 4. | ||
| CULLMAN SAVIBGS BANK CD, 4.8%, | $40,000 | $39,987 |
| FIFTH THIRD BANK CD, 4.70%, DU | $40,000 | $39,993 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (33 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHABET INC-CLASS A | $5,345 | $18,930 |
| COMCAST CORP | $5,810 | $7,506 |
| DISNEY | $5,151 | $5,568 |
| VERIZON COMMUNICATIONS | $8,214 | $5,999 |
| DOLLAR GENERAL | $12,018 | $15,164 |
| HOME DEPOT | $9,866 | $38,899 |
| LOWES COMPANIES INC | $4,981 | $24,680 |
| MCDONALDS CORP | $9,648 | $28,989 |
| TJX COMPANIES | $6,603 | $18,122 |
| MCCORMICK | $8,083 | $7,624 |
| PEPSICO INC | $8,737 | $11,405 |
| PROCTER & GAMBLE | $8,025 | $16,765 |
| WAL-MART | $6,980 | $27,105 |
| ALLSTATE CORP | $7,041 | $19,279 |
| JP MORGAN CHASE & CO | $5,740 | $23,971 |
| AMGEN INC | $11,632 | $26,064 |
| JOHNSON & JOHNSON | $11,553 | $14,462 |
| MERCK & CO INC | $5,807 | $9,948 |
| APPLIED MATERIALS | $5,070 | $16,263 |
| GENERAL DYNAMICS | $11,693 | $26,349 |
| HONEYWELL INTERNATIONAL | $5,068 | $7,906 |
| REPUBIC SERVICES INC | $8,798 | $20,118 |
| UNITED PARCEL SERVICE | $6,806 | $9,458 |
| APPLE INC | $4,942 | $70,118 |
| CISCO SYSTEMS | $2,138 | $5,920 |
| INTEL CORP | $6,828 | $6,015 |
| LAM RESEARCH CORP | $8,086 | $72,230 |
| AMERICAN WATER WORKS CO | $4,179 | $12,449 |
| NEXTERA ENERGY | $5,683 | $7,169 |
| VANGUARD 500 INDEX ADM | $10,296 | $29,140 |
| VG EQUITY INCOME FUND ADM | $3,000 | $4,055 |
| VANGUARD TOTAL STOCK MARKET IN | $23,347 | $73,584 |
| VANGUARD MID-CAP INDEX FUND AD | $10,184 | $21,589 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCHWAB SHORT-TERM US TREASURY | AT COST | $20,014 | $18,767 |
| VANGUARD INTERMEDIATE TERM COR | AT COST | $49,919 | $41,821 |
| VANGUARD SHORT-TERM CORPORATE | AT COST | $19,941 | $18,878 |
| DOUBLELINE LOW DURATION BOND F | AT COST | $35,000 | $34,384 |
| VANGUARD HIGHH YIELD CORP ADM | AT COST | $20,000 | $18,218 |
| VANGUARD SHORT-TERM INVETMENT | AT COST | $20,000 | $18,848 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ROUNDING | $2 |
| 2024 INCOME POSTED IN 2025 | $844 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FILING FEE-IL ATTORNEY GENERAL | Desc |
| Revenue And Expenses Per Books | $115 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $115 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Revenue And Expenses Per Books | $1,532 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $32 | NetInvestmentIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 2023 INCOME POSTED IN 2024 | Desc |
| Amt | $542 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MNGMNT FEES (DEDUCT | CategoryTxt |
| Amt | $7,959 | Amt |
| Net Investment Income | $7,959 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX PAID ON PRIOR YEAR | $58 | $0 | $0 |
| FEDERAL ESTIMATES - PRINCIPAL | $680 | $0 | $0 |