The Illinois State Capitol

Form 990-PFTax year 2025EIN 37-6024600

Sarah E Wallace Trust

A private foundation in Mattoon, IL. Its return for tax year 2025 lists 5 grants and $32,533 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), 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
First Mid Wealth Management
PO Box 529
Mattoon, IL 61938
(217) 234-7454
Form and materials
Application is available upon request
Deadlines
None, applications are accepted continuously
Restrictions
Recipients must be graduates of mattoon high school

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $32,533

    Grants listed
    5
    Assets, end of year
    $405,870
  • Tax year 2024

    $0

    Grants listed
    0
    Assets, end of year
    $424,838
  • Tax year 2023

    $39,000

    Grants listed
    6
    Assets, end of year
    $465,259
  • Tax year 2022

    $0

    Grants listed
    0
    Assets, end of year
    $448,805
  • Tax year 2021

    $21,350

    Grants listed
    6
    Assets, end of year
    $458,693
  • Tax year 2020

    $24,630

    Grants listed
    6
    Assets, end of year
    $479,567
  • Tax year 2019

    $17,339

    Grants listed
    5
    Assets, end of year
    $498,999
  • Tax year 2018

    $20,806

    Grants listed
    6
    Assets, end of year
    $509,574

Grants paid in 2025

5 grants, largest first

As listed on the return.

  1. The Salvation ArmyHoffman Estates, IL

    To relieve the suffering and distress of the worthy poor

    $8,133
  2. Sarah Bush Lincoln Health FoundationMattoon, IL

    For nursing services rendered to persons who are financially distressed

    $7,320
  3. Richland Memorial HospitalUrbana, IL

    For nursing services rendered to persons who are financially distressed

    $7,320
  4. Eastern Star and Masonic HomeMacon, IL

    Unrestricted

    $6,507
  5. Kemmerer VillageAssumption, IL

    Unrestricted

    $3,253

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Religion1 grant $8,13343% of the total
  2. Health1 grant $7,32039% of the total
  3. Human services1 grant $3,25317% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois5 grants $32,533

Officers, directors and trustees

1 person as filed

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

  • First Mid Wealth ManagementTRUSTEE Hours 2Pay $7,820

The return

More foundations

Similar foundations

Same main cause (religion), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Mattoon Community TrustMattoon, IL 3 grants Accepts applications $20,000 giving
  2. The Miles FoundationGeneva, IL 8 grants Preselected only $33,000 giving
  3. William & Beverly Burkardt Family Foundation NFPDixon, IL 32 grants Accepts applications $34,943 giving
  4. W E Weidmann Charitable Foundation 1045013919Champaign, IL 3 grants Preselected only $30,000 giving
  5. The McDermott FoundationWinnetka, IL 14 grants Preselected only $35,500 giving