Foster And Maralee Overcash Scholarship Trust

Organization Overview

Foster And Maralee Overcash Scholarship Trust is located in Canton, IL. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster And Maralee Overcash Scholarship Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Foster And Maralee Overcash Scholarship Trust generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $60.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Foster And Maralee Overcash Scholarship Trust has awarded 57 individual grants totaling $225,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST AWARDED SCHOLARSHIPS TO STUDENTS FROM CANTON HIGH CANTON, ILLINOIS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $21,430
Net Rental Income$0
Net Gain on Sale of Assets -$11,761
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $9,669

Grants Awarded

Over the last fiscal year, Foster And Maralee Overcash Scholarship Trust has awarded $52,500 in support to 13 organizations.

Grant RecipientAmount

ILLINOIS STATE UNIVERSITY

Org PageRecipient Profile

Normal, IL

PURPOSE: SCHOLARSHIP TO CANTON HIGH

$9,000

ILLINOIS WESLEYAN UNIVERSITY

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$6,000

UNIVERSITY OF ILLINOIS

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$6,000

GRAND CANYON UNIVERSITY

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$4,500

OLIVET NAZARENE UNIVERSITY

Org PageRecipient Profile

Bourbonnais, IL

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$3,000

BRADLEY UNIVERSITY

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$3,000
View Grant Profile

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