2024-05-13T19:01:22-05:00 2023-12-31 990 2023-01-01 276370909 WAVERLY C WORKMAN TRUST UW 1020001514 WORK 2173654800 PO BOX 260 CHAMPAIGN IL 618240260 BUSEY BANK Trustee 2173654800 2024-05-01 false 2023 2023-04-26 12:10:37Z SHONDRA LYNCH 201 W MAIN ST URBANA IL 61801 634841 false X N/A X 2010 IL TRUST ESTABLISHED UNDER THE TERMS OF THE WILL OF WAVERLY C. WORKMAN. ACCORDING TO THE PROVISIONS IN THE WILL, THE TRUSTEE WILL LEASE AND MANAGE THE FARM LAND REAL ESTATE. THE TRUSTEE SHALL DISTRIBUTE THE NET INCOME ANNUALLY FROM SAID FARM LAND AFTER NECESSARY EXPENSES AND INCLUDING A REASONABLE RESERVE FUND FOR THE NEXT CROP YEAR, 1/3 EACH TO THE FOLLOWING NON-PROFIT ORGANIZATIONS:1) ILLINOIS CHURCHES IN ACTION, 2)ILLINOIS GREAT RIVERS ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH. CONFERENCE BOARD OF GLOBAL MINISTRIES AND 3)CONFERENCE BOARD OF ORDAINED MINISTRY, WHICH SHALL DISTRIBTE SAID FUNDS AS SCHOLARSHIPS OR GRANTS FOR ILLIOIS MINISTERIAL STUDENTS TO ATTEND METHODIST/WESLEYAN SEMINARIES. 0 0 0 0 0 0 0 4959 17870 310600 313549 315559 331419 203100 345600 0 1000 1000 0 0 1380 8875 205480 355475 110079 -24056 7622989 7598592 0 0 7622989 7598592 X TRUST ESTABLISHED UNDER THE TERMS OF THE WILL OF WAVERLY C. WORKMAN. ACCORDING TO THE PROVISIONS IN THE WILL, THE TRUSTEE WILL LEASE AND MANAGE THE FARM LAND REAL ESTATE. THE TRUSTEE SHALL DISTRIBUTE THE NET INCOME ANNUALLY FROM SAID FARM LAND AFTER NECESSARY EXPENSES AND INCLUDING A REASONABLE RESERVE FUND FOR THE NEXT CROP YEAR, 1/3 EACH TO THE FOLLOWING NON-PROFIT ORGANIZATIONS:1) ILLINOIS CHURCHES IN ACTION, 2)ILLINOIS GREAT RIVERS ANNUAL CONFERENCE OF THE UNITED METHODIST CHURCH. CONFERENCE BOARD OF GLOBAL MINISTRIES AND 3)CONFERENCE BOARD OF ORDAINED MINISTRY, WHICH SHALL DISTRIBTE SAID FUNDS AS SCHOLARSHIPS OR GRANTS FOR ILLIOIS MINISTERIAL STUDENTS TO ATTEND METHODIST/WESLEYAN SEMINARIES. false false 118347 115200 ILLINOIS CHURCHES IN ACTION 118347 115200 ILLINOIS GREAT RIVERS/UNITED METHODIST/GLOBAL MIINISTRIES 118346 115200 ILLINOIS GREAT RIVERS/UNITED METHODIST/ORDAINED MINISTRY 355040 true false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false true false false false false X 0 0 false false false false false false false true true false false true true true true true true true true false IL X Busey Bank Trustee 2173654800 201 W Main St Urbana IL 61801 X BUSEY BANK TRUSTEE X 1000 0 0 1000 0 0 false false false 17870 17870 616971 303422 313549 313549 331419 17870 345600 345600 1000 1000 7500 7500 940 940 435 355475 345600 9440 0 224237 200275 7400925 2608 7398752 7398317 7622989 7598592 0 0 X 7622989 7598592 7622989 7598592 7622989 7598592 X -24056 -341 X false false false X X 3 ILLINOIS CHURCHES IN ACTION 237245354 1 true 115200 0 IL GREAT RIVERS ANNUAL CONFERENCECONFERENCE BOARD OF G 370696739 1 true 115200 0 IL GREAT RIVERS ANNUAL CONFERENCEBOARD OF ORDAINED MIN 370696739 1 true 115200 0 3 345600 0 true false true false false false false false false false false false false false false false false true false false 0 0 315559 331419 315559 331419 0 2380 9440 0 313179 321979 0 66390 212256 8216000 8216000 8282390 8428256 0 0 8282390 8428256 124236 126424 8158154 8301832 285535 290564 0 285535 290564 313179 266202 285535 285535 0 285535 0 0 0 0 0 0 0 0 285535 0 285535 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 285535 0 0 0 0 0 0 PART IV, SECTION D, 2 THE ORGANIZATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS BY MEETING WITH THEM OCCASIONALLY DURING THE YEAR TO DISCUSS AMOUNT DISTRIBUTED AND HOW THE DISTRIBUTION IS BEING USED 7394400 7394400 6525 2608 3917 7398317 true ILLINOIS CHURCHES IN ACTION 1132 W JEFFERSON ST SPRINGFIELD IL 627024867 237245354 115200 PROVIDES EDUCATION OUT-REACH TO YOUTH, CHURCHES, SCHOOLS AND COMMUNITY GROUPS FOR THE PREVENTION OF PROBLEMS CAUSED BY ALCOHOL, OTHER DRUGS AND GAMBLING IL GREAT RIVERS GLOBAL MINISTRIES PO BOX 19207 SPRINGFIELD IL 627949207 370696739 115200 ANNUAL CONFERENCE TO MAKE DISCIPLES OF JESUS CHRIST BY EQUIPPING ITS LOCAL CHURCHES FOR MINISTRY IL GREAT RIVERS ORDAINED MINISTRIES PO BOX 19207 SPRINGFIELD IL 627949207 370696739 115200 GRANTS AND SCHOLARSHIPS FOR MINISTERIAL STUDENT TO ATTEND SEMINARIES EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 Busey Bank, as Trustee, confers with the beneficiary organizations to ensure that the funds distributed are used for the purposes outlined in the trust governing instrument. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE FORM 990 FOR THE CHARITABLE TRUST IS PREPARED BY DESIGNATED EMPLOYEES OF THE CORPORATE TRUSTEE; IT IS REVIEWED AND SIGNED BY OTHER OFFICER(S) PRIOR TO FILING. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c PART VI, SECTION B, LINES 12A, 12B 12C BUSEY TRUST COMPANY HAS ABUSEY TRUST COMPANY HAS A WRITTEN CONFLICT OF INTEST POLICY APPLICABLETO ALL SITUATIONS WHERE IT ACTS AS FIDUCIARY. BUSEY TRUST COMPANYREGULARLY MONITORS AND ENFORCES COMPLIANCE THROUGH EMPLOYEEEDUCATION AND REPRESENTATION. ASSOCIATES ARE REQUIRED TO PROVIDEINFORMATION IN CONNECTION WITH REGULATORY EXAMS REGARDING ANYPOTENTIAL CONFLICTS OF INTEREST, INCLUDING OTHER BUSINESS ACTIVITIESOR THE PROVISION OF SERVICES TO THE TRUST COMPANY INDIVIDUALLY OR INITS FIDUCIARY CAPACITY. FORM 990, PAGE 6, PART VI, LINE 15a THE WAVERLY C WORKMAN TRUST DOES NOT HAVE COMPENSATED OFFICERS.THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEE SCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS, REPORTED TO THE CHARITABLE BENEFICIARIES, APPROVED BY ITS BOARD OF DIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA FORM 990, PAGE 6, PART VI, LINE 15b THE WAVERLY C WORKMAN TRUST DOES NOT HAVE COMPENSATED OFFICERS.THE COMPENSATION FOR THE TRUSTEE IS SET BASED UPON A STANDARD FEE SCHEDULE USED IN ASSESSING FEES TO ALL EXEMPT ORGANIZATION CLIENTS, REPORTED TO THE CHARITABLE BENEFICIARIES, APPROVED BY ITS BOARD OF DIRECTORS AND COMPARABLE TO INDUSTRY FEE SCHEDULES IN THE AREA FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENT, THE WAVERLY C. WORKMAN TRUST, AND ALL RELATED DOCUMENTS ARE LOCATED AT THE GOVERNING BODY'S CORPORATE OFFICE LOCATED AT 201 W MAIN ST, URBANA, IL FORM 990, PAGE 7, PART VII, SECTION A BUSEY BANK TRUSTEE 2 HOURS EXPLANATION FOR FORM 990, PART XI, LINE 9 TRANSACTIONS POSTED AFTER PERIOD END (-$547.06); TRANSACTIONS POSTED FOR PRIOR PERIOD $206.28