EIN 37-6107738

Verna Townsend Trust Dated 7871 1020000374

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1979
Most recent tax filings
2022-12-01
Description
The Verna k Townsend Trust provides for $2,500 annual scholarships to be given to students at the university of Illinois who are currently enrolled in the college of law and school of music.
Also known as...
Verna K Townsend Trust; Busey TR Ttee
Total revenues
$139,902
2022
Total expenses
$99,001
2022
Total assets
$1,740,434
2022
Num. employees
0
2022

Program areas at Verna Townsend Trust Dated 7871 1020000374

University of Illinois college of law
University of Illinois school of music

Personnel at Verna Townsend Trust Dated 7871 1020000374

NameTitleCompensation
Busey BankTrustee$7,524

Financials for Verna Townsend Trust Dated 7871 1020000374

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$13,434
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$128,198
Net gain from sale of non-inventory assets$-1,730
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$139,902

Form 990s for Verna Townsend Trust Dated 7871 1020000374

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-12990View PDF
2020-122021-05-25990View PDF
2019-122020-08-27990View PDF
2018-122019-12-07990View PDF
2017-122018-08-06990OView PDF
...and 7 more Form 990s

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Data update history
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
April 28, 2021
Posted financials
Added Form 990 for fiscal year 2018
October 24, 2020
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 260
Champaign, IL 61824
Metro area
Champaign-Urbana, IL
County
Champaign County, IL
IRS details
EIN
37-6107738
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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