NonprofitsMargaret Bloom Trust

Education

Margaret Bloom Trust

CHAMPAIGN, IL

Total revenue

$773K

Total expenses

$683K

Net assets

$9.3M

Grants received

EIN

376224584

Tax year

2024

Mission

The organization is a charitable trust that was created under the will of margaret bloom whose date of death was september 29, 1981. The trust provides that the assets of the trust are to be held in trust by the trustee for the use and benefit of the university of illinois foundation in providing scholarships at the university of illinois, urbana, illinois. Distributions from the trust are to be used solely for the education and maintenance of students at the university of illinois who meet certain conditions provided for their college education.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$679K
Other revenue$94K
Total revenue$773K

Expenses

Grants paid$550K
Salaries & benefits$122K
Fundraising
Other expenses$11K
Total expenses$683K
Total assets$9.3M
Net assets$9.3M

People

1 listed

NameRoleCompensation

BUSEY BANK

TRUSTEE

Board

$122K

Details

EIN376224584
NTEE codeB114
Subsection03
Ruling date2011-08
Formed1983
Employees0
MARGARET BLOOM TRUST — Mission, Financials & Grants Received | Grantivo