Prospect Bank Foundation
EIN 371286227Total Given 2020–2024
$211K
128 grants · $42K avg/year
based on 5 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$500
typical micro grants · $500–$1K
grant size
22%
balanced · 23/103 multi-year
repeat
$14K
Assets (2022)
103
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
CHRISTINE HOLLOWELL
Phone
(217) 465-4154
Deadlines
NONE
How to Apply
APPLICATIONS CAN BE OBTAINED FROM PROSPECT BANK, PARIS, IL 61944
Restrictions
APPLICATIONS MUST CURRENTLY ATTEND A SECONDARY SCOOL IN EDGAR COUNTY, IL AND CONTINUOUS COUNTIES IN IL AND IN, AND WISH TO ATTEND AN EDUCATIONAL INSTITUTION DESCRIBED IN SECTION 170(B)(11) ON THE INTERNAL REVENUE CODE. OTHER LOCAL GRANTS WILL BE REVIEWED AS REQUESTS ARE RECEIVED.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $45K | $6K | $30K | 30 |
| 2021 | $78K | $7K | $40K | 48 |
| 2022 | $71K | $14K | $39K | 33 |
| 2024 | $17K | $0 | $12K | 17 |
Grant Size Distribution
Based on 128 grants on record
Minimum
$100
25th Pctl
$500
Median
$500
Average
$2K
75th Pctl
$1K
Maximum
$39K
Geographic Distribution
Officers & Directors
RM
Robert Morgan
President
Leadership
CM
Cathy Morgan
Vice President
Leadership
TI
Tamra Inman
Sec/Treasurer
Leadership
RM
Robert Morgan
President
Leadership
CM
Cathy Morgan
Vice President
Leadership
CH
Christine Hollowell
Sec/Treasurer
Leadership
RM
Robert Morgan
President
Leadership
CM
Cathy Morgan
Vice President
Leadership
CH
Christine Hollowell
Sec/Treasurer
Leadership
RM
Robert Morgan
President
Leadership
CM
Cathy Morgan
Vice President
Leadership
JC
John Carrington
Sec/Treasurer
Leadership
Grants Awarded (128 total)
| Purpose | ||||
|---|---|---|---|---|
| Scholarships for 20212022 | Paris, IL | $39,000 | SCHOLARSHIP | 2021 |
| Scholarships for 20222023 | Paris, IL | $39,000 | SCHOLARSHIP | 2022 |
| Scholarships for 20202021 | Paris, IL | $28,000 | SCHOLARSHIP | 2020 |
| Champaign Parks Foundation | Champaign, IL | $7,000 | DONATION | 2021 |
| Champaign Parks Foundation | Champaign, IL | $7,000 | DONATION | 2022 |
| Hayley Hardin | Chrisman, IL | $2,000 | SCHOLARSHIP | 2021 |
| Nathan York | Paris, IL | $1,500 | SCHOLARSHIP | 2021 |
| Alex Turner | Paris, IL | $1,500 | SCHOLARSHIP | 2022 |
| Johnna Watson | Paris, IL | $1,500 | SCHOLARSHIP | 2022 |
| Olivia Theirl | Paris, IL | $1,500 | SCHOLARSHIP | 2022 |
| Kathryn McGill | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Emma Campbell | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Johnna Sanchez | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Bailey Aitken | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Ashley Francis | Chrisman, IL | $1,000 | SCHOLARSHIP | 2021 |
| Matt Stetler | Redmon, IL | $1,000 | SCHOLARSHIP | 2021 |
| Maddison Plummer | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Troy Turner | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Abigail Bush | Chrisman, IL | $1,000 | SCHOLARSHIP | 2021 |
| Gracie Rhoads | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Marcedez Cassity | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Sydni Adams | Oliver, IL | $1,000 | SCHOLARSHIP | 2021 |
| Victoria Bracken | Paris, IL | $1,000 | SCHOLARSHIP | 2021 |
| Kelsie Crampton | Paris, IL | $1,000 | SCHOLARSHIP | 2022 |
| Emma Stafford | Paris, IL | $1,000 | SCHOLARSHIP | 2022 |