Nonprofits›Margaret 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