Nonprofit · EIN 92-6452278
MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY
Also known as MIDLAND TRUST COMPANY TTEE
Tax-exempt · ROCKFORD, IL 61108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $40,829 | $52,262 | -$11,433 | $747,080 | $0 | $747,080 |
| December 31, 2024 | 990-PF | $759,931 | $827 | $759,104 | $759,103 | $0 | $759,103 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $25,522
- Net gain from sales of assets
- $15,298
- Other income
- $9
Expenses
- Grants and similar amounts paid
- $35,837
- Compensation of officers, directors and key employees
- $8,669
- Disbursements for charitable purposes
- $42,336
- Excise tax on investment income
- $430
Balance sheet and other
- Total assets, start of year
- $759,103
- Total assets, end of year
- $747,080
- Total liabilities, end of year
- $0
- Net assets, end of year
- $747,080
- Fair market value of assets
- $777,471
- Qualifying distributions
- $42,336
- Net investment income
- $40,829
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIDLAND STATES BANK 6838 E STATE STREET SUITE 2, ROCKFORD, IL 61108 | TRUSTEE | 1 | $8,669 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIDLAND STATES BANK 6838 E STATE STREET SUITE 2, ROCKFORD, IL 61108 | TRUSTEE | 1 | $729 |
Address and contacts
- Address (IRS master file)
- 6838 E STATE STREET SUITE 2, ROCKFORD, IL 61108-4610
- In care of
- % MIDLAND TRUST COMPANY DOUG WARREN
- Signed the 990-PF
- KRISTIN STUPPLES, VICE PRESIDENT
- Phone
- (815) 231-2711
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 92-6452278
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $747,080
- Income (IRS master file)
- $440,217
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $40,829 | $52,262 | $747,080 | IRS |
| 990-PF | December 2024 | $759,931 | $827 | $759,103 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-6452278).
Questions about MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY
- What is the EIN of MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY?
- The employer identification number (EIN) of MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY is 92-6452278.
- Is MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $8,669 (MIDLAND STATES BANK, TRUSTEE).
- How much revenue does MARION E MCRAE SCHOLARSHIP FOUNDATION FOR FORESTRY STUDY have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,829, expenses of $52,262 and total assets of $747,080 at year end.
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