Nonprofit · EIN 20-0594908
CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND
Tax-exempt · MACOMB, IL 61455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $4,857 | $6,823 | -$1,966 | $76,690 | $0 | $76,690 |
| December 31, 2024 | 990-PF | $4,924 | $6,735 | -$1,811 | $78,635 | $0 | $78,635 |
| December 31, 2023 | 990-PF | $3,199 | $6,603 | -$3,404 | $80,509 | $0 | $80,509 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $3,564
- Net gain from sales of assets
- $1,293
Expenses
- Grants and similar amounts paid
- $5,400
- Compensation of officers, directors and key employees
- $1,052
- Disbursements for charitable purposes
- $5,400
- Excise tax on investment income
- $49
Balance sheet and other
- Total assets, start of year
- $78,635
- Total assets, end of year
- $76,690
- Total liabilities, end of year
- $0
- Net assets, end of year
- $76,690
- Fair market value of assets
- $107,226
- Qualifying distributions
- $5,400
- Net investment income
- $4,857
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIDAMERICA NATIONAL BANK 100 WEST ELM STREET, CANTON, IL 61520 | TRUSTEE | 1 | $1,052 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MidAmerica National Bank 100 West Elm Street, Canton, IL 61520 | Trustee | 1 | $1,014 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MidAmerica National Bank 100 West Elm Street, Canton, IL 61520 | Trustee | 1 | $946 |
Address and contacts
- Address (IRS master file)
- 130 N SIDE SQ, MACOMB, IL 61455-2214
- In care of
- % MIDAMERICA NATIONAL BANK
- Signed the 990-PF
- CARIE MILLER, Trust Officer
- Phone
- (309) 833-4111
- Return prepared by
- Mandy Kay Wheeler
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-0594908
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $76,690
- Income (IRS master file)
- $4,857
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $4,857 | $6,823 | $76,690 | IRS |
| 990-PF | December 2024 | $4,924 | $6,735 | $78,635 | IRS |
| 990-PF | December 2023 | $3,199 | $6,603 | $80,509 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0594908).
Questions about CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND
- What is the EIN of CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND?
- The employer identification number (EIN) of CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND is 20-0594908.
- Is CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $1,052 (MIDAMERICA NATIONAL BANK, TRUSTEE).
- How much revenue does CLAYTON AND LOUISE RAY MEMORIAL SCHOLARSHIP FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,857, expenses of $6,823 and total assets of $76,690 at year end.
Other nonprofits in MACOMB
- WESTERN ILLINOIS UNIVERSITY FOUNDATION EIN 37-6046814 · last filed 990 for 2025
- WESTERN ILLINOIS REGIONAL COUNCIL COMMUNITY ACTION AGENCY EIN 36-3220629 · last filed 990 for 2024
- FRANCIS ROY HERINK AND MARGARET C OTTO HERINK MEMORIAL TRUST EIN 36-7191386 · last filed 990-PF for 2025
- NOLA AND LAVERN MCENTIRE SCHOLARSHIP FUND EIN 47-2564837 · last filed 990-N for 2024
- THE MCDONOUGH COUNTY HISTORICAL SOCIETY EIN 36-3496253 · last filed 990-N for 2025
- SIGMA THETA TAU INTERNATIONAL EIN 90-1112547 · last filed 990-N for 2025
- NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS-WESTERN ILLINOIS UNIVE EIN 81-0711838 · last filed 990-N for 2024
- MACOMB EAA CHAPTER 1667 INC EIN 88-1825424 · last filed 990-N for 2024