McClain Scholarship Trust
Accepts applications
McClain Scholarship Trust is a private foundation in Paris, Illinois. In tax year 2025 it gave $129,845 in 35 grants; the typical grant was $4,000 and the largest $8,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$129,845
- Number of grants35
- Typical grant$4,000
- Largest grant$8,000
- Assets$2.9 million
Giving in 2025 was up from $107,743 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $161,141 | 36 | $2.6 million |
| 2024 | $107,743 | 32 | $2.7 million |
| 2025 | $129,845 | 35 | $2.9 million |
How to apply
| Contact | Tamra Inman PO Box 400, Paris, IL 61944 |
|---|---|
| Phone or email | (217) 465-4154 |
| What to submit | Applications are available at prospect bank |
| Deadlines | April 17 |
| Restrictions | Applicant must be a resdident of edgar or vermillion county. Field of study must be agriculture, nursing, teaching, law, medicine, or dentistry. |
What McClain Scholarship Trust funds
Where it gives
Its grants went to recipients in 4 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 24 | $90,845 |
| Indiana | 9 | $33,000 |
| Virginia | 1 | $5,000 |
| Alabama | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Scholarship | $8,000 |
| Individual | Scholarship | $7,333 |
| Individual | Scholarship | $5,193 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $5,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $4,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $3,000 |
| Individual | Scholarship | $2,500 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $817 |
| Individual | Scholarship | $2 |
Officers and trustees
- Prospect Bank
Questions people ask
Does McClain Scholarship Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 17.
How much does McClain Scholarship Trust give?
$129,845 in tax year 2025, across 35 grants, with a typical grant of $4,000.
Who runs McClain Scholarship Trust?
Its 2025 filing lists Prospect Bank (Trustee).
What does McClain Scholarship Trust fund?
Based on its grants, mainly education.