Betts George V & Cora Trust #113 co First State Bank and Trust
Accepts applications
Betts George V & Cora Trust #113 co First State Bank and Trust is a private foundation in Monticello, Illinois. In tax year 2025 it gave $39,600 in 8 grants; the typical grant was $3,600 and the largest $7,200. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$39,600
- Number of grants8
- Typical grant$3,600
- Largest grant$7,200
- Assets$584,616
- New grantees25%
Giving in 2025 was down from $49,400 the year before.
25% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $40,000 | 7 | $665,289 |
| 2024 | $49,400 | 8 | $666,269 |
| 2025 | $39,600 | 8 | $584,616 |
How to apply
| Contact | First State Bank and Trust 201 W Main, Monticello, IL 61856 |
|---|---|
| Phone or email | (217) 762-9431 |
| What to submit | Scholarship application forms are available at the atwood-hammond high school, the lovington high school, and the state bank of hammond |
| Deadlines | The submission deadline for scholarship applications is april 1st of each year |
| Restrictions | Students submitting applications must reside in the atwood-hammond community unit school district, plan to attend a college or university as a full-time student, and have need of financial assistance beyond parental help |
What Betts George V & Cora Trust #113 co First State Bank and Trust funds
Where it gives
Its grants went to recipients in 4 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 5 | $28,800 |
| Indiana | 1 | $3,600 |
| Minnesota | 1 | $3,600 |
| Missouri | 1 | $3,600 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Southern Illinois University | Scholarships | $7,200 |
| University of Illinois | Scholarships | $7,200 |
| Parkland College | Scholarships | $7,200 |
| Aurora University | Scholarships | $3,600 |
| Ball State University | Scholarships | $3,600 |
| Millikin University | Scholarships | $3,600 |
| Bethel University | Scholarships | $3,600 |
| Missouri State University | Scholarships | $3,600 |
Officers and trustees
- First State Bank and Trust
Questions people ask
Does Betts George V & Cora Trust #113 co First State Bank and Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: The submission deadline for scholarship applications is april 1st of each year.
How much does Betts George V & Cora Trust #113 co First State Bank and Trust give?
$39,600 in tax year 2025, across 8 grants, with a typical grant of $3,600.
Who runs Betts George V & Cora Trust #113 co First State Bank and Trust?
Its 2025 filing lists First State Bank and Trust (Trustee).
What does Betts George V & Cora Trust #113 co First State Bank and Trust fund?
Based on its grants, mainly education.