2024-05-08T18:19:24-04:00 2023-12-31 370623191 LARSSON WOODYARD & HENSON LLP PO BOX 426 PARIS IL 619440426 990EZ 2023-01-01 376024819 FLOYD M DAVIS TRUST PROSPECT BANK FLOY 2174654154 PO BOX 400 PARIS IL 61944 PROSPECT BANK TRUSTEE 2174654154 2024-05-07 true TAMRA INMAN 999009999 true MARLA D COFFMAN P00973603 2174656494 2024-05-08 2023 2023-04-26 12:10:37Z X X N/A X X 56631 X 22180 34451 32354 2097 24277 15342 2570 860 2905 21677 2600 267359 269959 267359 269959 267359 269959 267359 269959 X GENERAL SUPPORT OF PRESBYTERIAN CHURCH DISTRIBUTION FOR GENERAL SUPPORT TO THE PRESBYTERIAN CHURCH. 15342 17502 EXPENSES INCURRED DURING THE GENERAL SUPPRORT AID TO THE PRESBYTERIAN CHURCH. 17502 PROSPECT BANK TRUSTEE 5.00 2570 false false false false false false false false false IL PROSPECT BANK PO BOX 400 PARIS IL 61944 2174654154 false false X false false false false false false false false false NONE NONE true X X 1 THE PRESBYTERIAN CHURCH OF PARIS IL 370740661 1 true 15342 0 1 15342 0 true false false false false false false false false false false false false false false true false true X PART IV, SECTION D, LINE 2 TRUSTEE HAS REGULAR TELPHONIC OR IN PERSON DISCUSSIONS WITH CHURCH TRUSTEES. PART IV, SECTION D, LINE 3 DURING DISCUSSIONS WITH TRUSTEE OF FLOYD M. DAVIS TRUST AND CHURCH TRUSTEES, INVESTMENTS, INCOME, CHURCH'S NEEDS, AND USE OF THE INCOME ARE DISCUSSED. CHURCH TRUSTEES ARE PROVIDED FINANCIAL INFORMATION. THIS IS A PRE-NOVEMBER 1970 TRUST AND HAS HAD A LONG HISTORY OF WORKING TOGETHER TO MEET THE NEEDS OF THE CHURCH. PART V, LINE 1 THIS TRUST SATISFIED THE INTEGRAL PART TEST AS A QUALIFYING TRUST AS DESCRIBED IN REGULATION 1.509(A)-4(I)(9), AND ITS SUBSECTIONS LISTED BELOW, AS OF NOVEMBER 20, 1970, AND CONTINUES TO MEET THE REQUIREMENTS THROUGH THE CURRENT YEAR. EXPLANATION OF HOW IT SATISFIES EACH ITEM IS LISTED BELOW BY SUBSECTION. (I) THE TRUST SUPPORTS THE PRESBYTERIAN CHURCH OF PARIS WHICH IS ORGANIZED EXCLUSIVELY FOR RELIGIOUS PURPOSES. (II) THE TRUST WAS CREATED FEBRUARY 5, 1940, AND FUNDED ON APRIL 26, 1946, AFTER THE DEATH OF THE GRANTOR. IT WAS A SPLIT INTEREST TRUST WHICH WAS IRREVOCABLE PRIOR TO NOVEMBER 20, 1970, AND HAS SINCE BECOME A CHARITABLE TRUST DESCRIBED IN SECTION 4947(A)(1). THERE HAVE BEEN NO SUBSEQUENT CONTRIBUTIONS. (III) THE TRUST, AS INTERPRETED IN THE DECREE CONSTRUING WILL BY THE CIRCUIT COURT FOR THE FIFTH JUDICIAL CIRCUIT, EDGAR COUNTY, PARIS, IL, IS REQUIRED TO, AND DOES, DISTRIBUTE NET INCOME ANNUALLY TO THE SUPPORTED ORGANIZATION. (IV) THE TRUSTEE DOES NOT HAVE DISCRETION TO VARY THE BENEFICIARY OR AMOUNTS PAYABLE. (V) NONE OF THE TRUSTEES ARE DISQUALIFIED PERSONS WITHIN THE MEANING OF SECTION 4946(A). FORM 990-EZ, PART I, LINE 10 NAME: PRESBYTERIAN CHURCH ADDRESS: 241 W COURT ST PARIS, IL 61944 CASH CONTRIBUTION: 15,342 FORM 990-EZ, PART I, LINE 16 FARMLAND MANAGEMENT FEE 736 RE TAXES 2,154 EXPENSES IL ATTY GEN ANNUAL FEE 15 TOTAL 2,905 FORM 990-EZ, PART III, LINE 31 EXPENSES INCURRED DURING THE GENERAL SUPPRORT AID TO THE PRESBYTERIAN CHURCH.