NonprofitsVerna K Townsend Trust

Education

Verna K Townsend Trust

CHAMPAIGN, IL

Total revenue

$149K

Total expenses

$106K

Net assets

$1.8M

Grants received

EIN

376107738

Tax year

2024

Mission

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.

Programs

1 program

University of illinois school of music

Expenses: $48KGrants: $48K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$37K
Other revenue$112K
Total revenue$149K

Expenses

Grants paid$96K
Salaries & benefits$9K
Fundraising
Other expenses$2K
Total expenses$106K
Total assets$1.8M
Net assets$1.8M

People

1 listed

NameRoleCompensation

BUSEY BANK

TRUSTEE

Board

$9K

1 hrs/wk

Details

EIN376107738
NTEE codeB82
Subsection03
Ruling date2018-05
Formed1979
Employees0
VERNA K TOWNSEND TRUST — Mission, Financials & Grants Received | Grantivo