Velma A Denny Scholarship Trust
Accepts applications
Velma A Denny Scholarship Trust is a private foundation in Canton, Illinois. In tax year 2025 it gave $32,000 in 6 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$32,000
- Number of grants6
- Typical grant$4,000
- Largest grant$8,000
- Assets$771,196
- New grantees50%
Giving in 2025 was the same as $32,000 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $26,000 | 5 | $701,514 |
| 2024 | $32,000 | 6 | $747,214 |
| 2025 | $32,000 | 6 | $771,196 |
How to apply
| Contact | Midamerica National Bank Wealth Man 100 West Elm Street, Canton, IL 61520 |
|---|---|
| Phone or email | (309) 647-5000 |
| What to submit | Midamerica national bank wealth mgmt dept administers the applications |
| Deadlines | April 1st |
| Restrictions | Applicants must be graduates of canton high school and be enrolled in a 4-YEAR college |
What Velma A Denny Scholarship Trust funds
Where it gives
Its grants went to recipients in 3 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 4 | $24,000 |
| Iowa | 1 | $4,000 |
| Missouri | 1 | $4,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois | Scholarship | $8,000 |
| Illinois State University | Scholarship | $8,000 |
| Governors State University | Scholarship | $4,000 |
| Western Illinois University | Scholarship | $4,000 |
| Iowa State Univeristy | Scholarship | $4,000 |
| Evangel University | Scholarship | $4,000 |
Officers and trustees
- Patrick Carter
- Gary Barnhart
- Superintendent-Cusd
Questions people ask
Does Velma A Denny Scholarship Trust accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 1st.
How much does Velma A Denny Scholarship Trust give?
$32,000 in tax year 2025, across 6 grants, with a typical grant of $4,000.
Who runs Velma A Denny Scholarship Trust?
Its 2025 filing lists Patrick Carter (Trustee), Gary Barnhart (Trustee) and Superintendent-Cusd (Trustee).
What does Velma A Denny Scholarship Trust fund?
Based on its grants, mainly education.