2025-06-26T17:01:20-04:00 2024-12-31 990 2024-01-01 376038054 JAMES R ELDER TRUST 1020000597 ELDE 2173654800 PO BOX 260 CHAMPAIGN IL 618240260 BUSEY BANK Trustee 2173654800 2025-06-26 false 2024 2025-03-06 01:10:19Z BUSEY BANK 201 W MAIN ST URBANA IL 61801 162129 false X N/A X 1944 IL Trust established under will of James Elder, distributes all income to Cunningham Childrens Home, a charitable organization that benefits needy children. 0 0 0 0 0 0 0 1636 1310 136274 109475 137910 110785 151000 128500 0 447 423 0 0 845 7590 152292 136513 -14382 -25728 199202 173530 0 0 199202 173530 Trust established under will of James Elder, distributes all income to Cunningham Childrens Home, a charitable organization that benefits needy children. false false 128500 128500 Distribution of net income to Cunningham Childrens Home, a charitable organization and home for needy children in Urbana, IL 128500 true false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false false X 0 0 false false false false false false false true true false false true true true true true true true true false IL X Busey Bank Trustee 2173654800 201 W Main St Urbana IL 61801 X Busey Bank Trustee 1.0 X 423 0 0 423 0 0 false false false 1310 1310 160819 51344 109475 109475 110785 1310 128500 128500 423 423 850 850 6725 15 15 136513 128500 1288 0 22494 3547 210004 40021 176708 169983 199202 173530 0 0 X 199202 173530 199202 173530 199202 173530 X -25728 56 X false false false X X 1 Cunningham Childrens Home 370662521 10 true 128500 0 1 128500 0 true false false false false false false false false false false false false false false true false true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Section D. Line 2 The trustee of the charitable trust maintained a close and continuous working relationship with the supported organization, Cunnigham Childrens Home, through attendance at and participation on Committees of the supported organization that provided oversight of the management of the assets held in trust for the benefit of Cunningham Childrens Home. Part V Line 1 This trust was established in 1944. It distributes all income to a ch aritable beneficiary. 104129 104129 105875 40021 65854 169983 true CUNNINGHAM CHILDREN'SHOME 1301 N CUNNINGHAM AVE URBANA IL 61801 370662521 501(c)(3) 128500 TRUST NET INCOME DISTRIBUTION-TO BE USED FOR GENERAL PURPOSES OF CUNNINGHAM CHILDREN'S HOME. EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 The trust provides for a distribution of all income to a named charitable organization for its general charitable purposes. Funds are paid by the trustee to or at the direction of the controlling Board of the charitable organization, Cunning ham Childrens Home. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a Corporate Trustee is responsible for managing the trust assets and making distributions to named charitable beneficiaries. The corporate trustee has numerous officers, but there are no individual members of a governing body. FORM 990, PAGE 6, PART VI, LINE 2 Busey Bank is the trustee. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 3 Corporate Trustee and affiliate farm management area provided services EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a Actions of the corporate trustee are subject to regular review by oversight committees of trust company; all meetings documented. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b The trust does not have separate committees, but there are committees of the corporate trustee that have supervisory authority over trust activities; documentation is maintained for these. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW The Form 990 is prepared by designated officers of the corporate trustee. The completed form 990 is reviewed by other officer(s) prior to filing. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c The corporate trustee has policies and procedures relating to conflicts for all associates and trust accounts. Transactions are monitored by the compliance officer and auditor, regular reports are required to appropriate committees of the corporate trustee. Employees receive training regarding these and other policies and procedures of the corporate trustee, Busey Bank. All Conflicts of interest are required to be reported. FORM 990, PAGE 6, PART VI, LINE 15a The corporate trustee is compensated. No individuals are compensated by the trust; compensation is in accordance with established fee schedules. The trust has no compensated individual officers. All compensation to the corporate trustee, Busey Bank, is reported to the charitable beneficiary. FORM 990, PAGE 6, PART VI, LINE 15b The corporate trustee is compensated in accordance with its published fee schedule. No individuals are compensated by the trust. FORM 990, PAGE 6, PART VI, LINE 19 Trust documents and financial records are maintained at the offices of the corporate trustee, Busey Bank, 201 W Main St, Urbana, IL 61801, and can be viewed during normal business hours. All documents are provided directly to the charitable beneficiary. FORM 990, PAGE 7, PART VII, SECTION A Busey Bank, corporate Trustee, one hour per week FORM 990, PAGE 12, PART XII, LINE 1 N/A EXPLANATION FOR FORM 990, PAGE 12, PART XII, LINE 3b N/A EXPLANATION FOR FORM 990, PART XI, LINE 9 TRANSACTIONS POSTED FOR PRIOR PERIOD $66.80. Transactions posted after period (9.93)DEMINIMIS ADJUSTMENT DUE TO ROUNDING