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Form 990-PFTax year 2023EIN 37-1286227

Prospect Bank Foundation

A private foundation in Paris, IL. Its return for tax year 2023 lists 17 grants and $17,000 paid in grants.

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Tax year 2023 (period ending Jul 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Tamra Inman
PO Box 400
Paris, IL 61944
(217) 465-4154
Form and materials
Applications can be obtained from prospect bank, paris, il 61944
Deadlines
None
Restrictions
Applications must currently attend a secondary scool in edgar county, il and continuous counties in il and in, and wish to attend an educational institution described in section 170(b)(11) on the internal revenue code. Other local grants will be reviewed as requests are received.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2023

    $17,000

    Grants listed
    17
    Assets, end of year
    $0

  • Tax year 2022

    $15,100

    Grants listed
    10
    Assets, end of year
    $5,178

  • Tax year 2021

    $32,100

    Grants listed
    32
    Assets, end of year
    $13,553

  • Tax year 2020

    $38,600

    Grants listed
    47
    Assets, end of year
    $7,254

  • Tax year 2019

    $24,100

    Grants listed
    31
    Assets, end of year
    $6,322

Grants paid in 2023

17 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Scholarship

    $1,000
  2. Individual

    Scholarship

    $1,000
  3. Individual

    Scholarship

    $1,000
  4. Individual

    Scholarship

    $1,000
  5. Individual

    Scholarship

    $1,000
  6. Individual

    Scholarship

    $1,000
  7. Individual

    Scholarship

    $1,000
  8. Individual

    Scholarship

    $1,000
  9. Individual

    Scholarship

    $1,000
  10. Individual

    Scholarship

    $1,000
  11. Individual

    Scholarship

    $1,000
  12. Individual

    Scholarship

    $1,000
  13. Individual

    Scholarship

    $1,000
  14. Individual

    Scholarship

    $1,000
  15. Individual

    Scholarship

    $1,000
  16. Individual

    Scholarship

    $1,000
  17. Individual

    Scholarship

    $1,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Robert MorganPRESIDENT Hours 2Pay $0
  • Cathy MorganVICE PRESIDE Hours 2Pay $0
  • Tamra InmanSEC/TREAS Hours 2Pay $0

The return

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