Margarette Drake Trust
Preselected recipients only
Margarette Drake Trust is a private foundation in Paris, Illinois. In tax year 2024 it gave $4,467 in 3 grants; the typical grant was $1,489 and the largest $1,489. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$4,467
- Number of grants3
- Typical grant$1,489
- Largest grant$1,489
- Assets$89,101
- New grantees0%
Giving in 2024 was up from $4,302 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $4,302 | 3 | $87,016 |
| 2024 | $4,467 | 3 | $89,101 |
How to apply
Margarette Drake Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Margarette Drake Trust funds
Where it gives
All of its grants went to recipients in Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 3 | $4,467 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| New Providence (Baliff) Church | General support | $1,489 |
| Oliver United Methodist Church | General support | $1,489 |
| Armstrong United Methodist Church | General support | $1,489 |
Officers and trustees
- Prospect Bank
Questions people ask
Does Margarette Drake Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Margarette Drake Trust give?
$4,467 in tax year 2024, across 3 grants, with a typical grant of $1,489.
Who runs Margarette Drake Trust?
Its 2024 filing lists Prospect Bank (Trustee).
What does Margarette Drake Trust fund?
Based on its grants, mainly faith communities.