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Filing year 2024

Betts George V & Cora Trust #113 co First State Bank and Trust

Monticello, Illinois·EIN 37-6267420·NTEE B82Z · Education·501(c)(3)
Total revenue
$60k
Total assets
$445k
Total expenses
$63k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

Trustee
Board Member
10th to 25th percentile
$4k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Betts George V & Cora Trust #113 co First State Bank and Trust equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$49k

Itemized grants

8

Median grant

$4k

RecipientLocationPurposeAmount
SOUTHERN ILLINOIS UNIVERSITYCARBONDALE, ILSCHOLARSHIPS$11k
UNIVERSITY OF ILLINOISURBANA, ILSCHOLARSHIPS$11k
EASTERN ILLINOIS UNIVERSITYCHARLESTON, ILSCHOLARSHIPS$8k
MILLIKIN UNIVERSITYDECATUR, ILSCHOLARSHIPS$4k
BALL STATE UNIVERSITYMUNCIE, INSCHOLARSHIPS$4k
ILLINOIS STATE UNIVERSITYNORMAL, ILSCHOLARSHIPS$4k
BETHEL UNIVERSITYST PAUL, MNSCHOLARSHIPS$4k
MISSOURI STATE UNIVERSITYSPRINGFIELD, MOSCHOLARSHIPS$4k
Compare this foundation's grantees
Pay for the position

Board Member pay fell 8% from 2023 to 2024, while revenue fell 15%.

$5k in 2023 to $4k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Betts George V & Cora Trust #113 co First State Bank and Trust

What does the Board Member of Betts George V & Cora Trust #113 co First State Bank and Trust earn?

In 2024, the Board Member of Betts George V & Cora Trust #113 co First State Bank and Trust received $4,254 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Betts George V & Cora Trust #113 co First State Bank and Trust compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Board Member at Betts George V & Cora Trust #113 co First State Bank and Trust falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Betts George V & Cora Trust #113 co First State Bank and Trust equaled 7% of the organization's total expenses. The median for education organizations is 7%.

What are Betts George V & Cora Trust #113 co First State Bank and Trust's revenue and expenses?

In 2024, Betts George V & Cora Trust #113 co First State Bank and Trust reported $60k in total revenue and $63k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.