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Form 990-PFTax year 2025EIN 37-6243213

The Karnes Memorial Fund

A private foundation in Fairbury, IL. Its return for tax year 2025 lists 44 grants and $177,650 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

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
The Karnes Memorial Fund Board of G
PO Box 302
Fairbury, IL 61739
(815) 692-2302
Form and materials
General background, school/community activities & parents' financial analysis must be submitted
Deadlines
March 1
Restrictions
Must be graduate of prairie central community unit school district #8, which serves fairbury, forrest, & chatsworth, il

Assets and giving by year

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

  • Tax year 2025

    $177,650

    Grants listed
    44
    Assets, end of year
    $969,363

  • Tax year 2024

    $110,650

    Grants listed
    50
    Assets, end of year
    $992,188

  • Tax year 2023

    $110,400

    Grants listed
    40
    Assets, end of year
    $996,696

  • Tax year 2022

    $108,315

    Grants listed
    39
    Assets, end of year
    $1,008,663

  • Tax year 2021

    $108,450

    Grants listed
    46
    Assets, end of year
    $990,590

  • Tax year 2020

    $111,675

    Grants listed
    53
    Assets, end of year
    $902,591

Grants paid in 2025

44 grants, largest first

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

  1. Individual

    Scholarships

    $5,400
  2. Individual

    Scholarships

    $5,400
  3. Individual

    Scholarships

    $5,400
  4. Individual

    Scholarships

    $5,400
  5. Individual

    Scholarships

    $5,400
  6. Individual

    Scholarships

    $4,900
  7. Individual

    Scholarships

    $4,900
  8. Individual

    Scholarships

    $4,900
  9. Individual

    Scholarships

    $4,900
  10. Individual

    Scholarships

    $4,900
  11. Individual

    Scholarships

    $4,900
  12. Individual

    Scholarships

    $4,900
  13. Individual

    Scholarships

    $4,900
  14. Individual

    Scholarships

    $4,900
  15. Individual

    Scholarships

    $4,900
  16. Individual

    Scholarships

    $4,900
  17. Individual

    Scholarships

    $4,900
  18. Individual

    Scholarships

    $4,900
  19. Individual

    Scholarships

    $4,900
  20. Individual

    Scholarships

    $4,900
  21. Individual

    Scholarships

    $4,900
  22. Individual

    Scholarships

    $4,900
  23. Individual

    Scholarships

    $4,900
  24. Individual

    Scholarships

    $4,900
  25. Individual

    Scholarships

    $4,900
  26. Individual

    Scholarships

    $4,900
  27. Individual

    Scholarships

    $4,900
  28. Individual

    Scholarships

    $4,900
  29. Individual

    Scholarships

    $3,750
  30. Individual

    Scholarships

    $2,600
  31. Individual

    Scholarships

    $2,600
  32. Individual

    Scholarships

    $2,600
  33. Individual

    Scholarships

    $2,600
  34. Individual

    Scholarships

    $2,500
  35. Individual

    Scholarships

    $2,500
  36. Individual

    Scholarships

    $2,500
  37. Individual

    Scholarships

    $2,500
  38. Individual

    Scholarships

    $2,500
  39. Individual

    Scholarships

    $2,500
  40. Individual

    Scholarships

    $2,500
  41. Individual

    Scholarships

    $1,800
  42. Individual

    Scholarships

    $1,800
  43. Individual

    Scholarships

    $1,800
  44. Individual

    Scholarships

    $900

Officers, directors and trustees

4 people as filed

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

  • Thomas L LadeairousCHAIRMAN Hours 5Pay $0
  • Daryl EvansTRUSTEE Hours 5Pay $0
  • Bank of PontiacTRUSTEE Hours 5Pay $10,703
  • Naddene PilgrimTRUSTEE Hours 5Pay $0

The return

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