Prospect Bank Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Prospect Bank Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 37-1286227

Foundation Overview

Based in Paris, IL, Prospect Bank Foundation has awarded 106 grants totaling $102,800 to organizations in Illinois, Indiana and 1 other state across the US. Individual grants range from $100 to $7,000, with a median award of $1,000.

Latest Tax Year
2023
Total Giving (all years)
$102,800
Total Assets
$0
Median Grant (all grants)
$1,000

Latest Form 990-PF Snapshot

Total Grants
17
Median Grant
$1,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Highly Accessible: 82%

14 of 17 recipients (82%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.

Geographic Focus
Illinois

98% of all grants are concentrated in Illinois, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Illinois, funding concentrates in Paris (65%), Chrisman (12%), Marshall (5%).

Funding Trajectory
-56%

Declining funding trend with 56% decrease over 3 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Education + General Purposes

Dual focus on education (50%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Prospect Bank Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Kaleb Kelly $1,000 Paris, IL, US Scholarship 2023
Sydni Adams $1,000 Oliver, IL, US Scholarship 2023
Kendall Newhart $1,000 Paris, IL, US Scholarship 2023
Ava Huddleson $1,000 Milwaukee, WI, US Scholarship 2023
Bailey Rose $1,000 Kansas, IL, US Scholarship 2023
Elizabeth Rose $1,000 Kansas, IL, US Scholarship 2023
Olivia Theirl $1,000 Charleston, IL, US Scholarship 2023
William Ross $1,000 Marshall, IL, US Scholarship 2023
Mckinsey Tate $1,000 Paris, IL, US Scholarship 2023
Emily Kate Hall $1,000 Brocton, IL, US Scholarship 2023
Lane Happ $1,000 Paris, IL, US Scholarship 2023
Shelby Clark $1,000 Paris, IL, US Scholarship 2023
Chelsey Wisehart $1,000 Mahomet, IL, US Scholarship 2023
Aubrey Sanders $1,000 Paris, IL, US Scholarship 2023
Katelyn Littleton $1,000 Paris, IL, US Scholarship 2023
Riley Spencer $1,000 Paris, IL, US Scholarship 2023
Macy Lawson $1,000 Paris, IL, US Scholarship 2023
Chloe Waltz $1,000 Paris, IL, US Scholarship 2022
Gwen Morris $1,000 Metcalf, IL, US Scholarship 2022
John Phipps $1,000 Chrisman, IL, US Scholarship 2022
Emma Campbell $1,000 Paris, IL, US Scholarship 2022
Maelynn Redmon $1,000 Paris, IL, US Scholarship 2022
Zoe Sanders $1,000 Paris, IL, US Scholarship 2022
Lilie Perry $1,000 Paris, IL, US Scholarship 2022
Chloe Rayhel $1,000 Marshall, IL, US Scholarship 2022
Champaign Parks Foundation $7,000 Champaign, IL, US Donation 2022
Kbg Deli & Catering Llc $100 Paris, IL, US Donation 2022
Kaelyn Ball $500 Paris, IL, US Scholarship 2021
Adam Creech $500 Paris, IL, US Scholarship 2021
Alex Turner $1,500 Paris, IL, US Scholarship 2021
Patricia Trammel $500 Paris, IL, US Scholarship 2021
Ashley Francis $500 Chrisman, IL, US Scholarship 2021
Dawson Labaw $500 Catlin, IL, US Scholarship 2021
Gracelyn Labaw $500 Catlin, IL, US Scholarship 2021
Trevan Land $500 Paris, IL, US Scholarship 2021
Johnna Watson $1,500 Paris, IL, US Scholarship 2021
Raymond Lin $500 Paris, IL, US Scholarship 2021
Kaitelynn Francis $500 Chrisman, IL, US Scholarship 2021
Kelsie Dosch $500 Paris, IL, US Scholarship 2021
Tanner Clark $500 Paris, IL, US Scholarship 2021
Olivia Theirl $1,500 Paris, IL, US Scholarship 2021
Emma Campbell $500 Paris, IL, US Scholarship 2021
Camryn Baugh $500 Chrisman, IL, US Scholarship 2021
Kelsie Crampton $1,000 Paris, IL, US Scholarship 2021
Emma Stafford $1,000 Paris, IL, US Scholarship 2021
Hayley Hardin $1,000 Chrisman, IL, US Scholarship 2021
Chloe Rayhel $1,000 Marshall, IL, US Scholarship 2021
Champaign Parks Foundation $7,000 Champaign, IL, US Donation 2021
Shelby Clark $1,000 Paris, IL, US Scholarship 2021
Sydni Adams $1,000 Oliver, IL, US Scholarship 2021
Nathon York $1,000 Paris, IL, US Scholarship 2021
Josh Morgan $1,000 Paris, IL, US Scholarship 2021
Lucy Lin $1,000 Paris, IL, US Scholarship 2021
Fox Woods $1,000 Marshall, IL, US Scholarship 2021
Cacey Newhart $1,000 Paris, IL, US Scholarship 2021
Olivia Minge $1,000 Paris, IL, US Scholarship 2021
William Cooper Kuglin $1,000 Paris, IL, US Scholarship 2021
Rockys Bistro $100 Paris, IL, US Donation 2021
Treston Jones $1,000 Marshall, IL, US Scholarship 2021
Avoree Collins $500 Paris, IL, US Scholarship 2020
Hayley Hardin $2,000 Chrisman, IL, US Scholarship 2020
Kathryn Mcgill $1,000 Paris, IL, US Scholarship 2020
Emma Campbell $1,000 Paris, IL, US Scholarship 2020
Kimbra Pinell $500 Chrisman, IL, US Scholarship 2020
Johnna Sanchez $1,000 Paris, IL, US Scholarship 2020
Bailey Aitken $1,000 Paris, IL, US Scholarship 2020
Dawson Labaw $500 Catlin, IL, US Scholarship 2020
Ashley Francis $1,000 Chrisman, IL, US Scholarship 2020
Kylie Arnett $500 Paris, IL, US Scholarship 2020
Matt Stetler $1,000 Redmon, IL, US Scholarship 2020
Breeze Keppy $500 Terre Haute, IN, US Scholarship 2020
Gracelyn Labaw $500 Catlin, IL, US Scholarship 2020
Patricia Trammel $500 Paris, IL, US Scholarship 2020
Maddison Plummer $1,000 Paris, IL, US Scholarship 2020
Troy Turner $1,000 Paris, IL, US Scholarship 2020
Alexis York $500 Paris, IL, US Scholarship 2020
Trevan Land $500 Paris, IL, US Scholarship 2020
Abigail Bush $1,000 Chrisman, IL, US Scholarship 2020
Brody Spencer $500 Dennision, IL, US Scholarship 2020
Champaign Parks Foundation $7,000 Champaign, IL, US Donation 2020
Mckayla Watson $500 Paris, IL, US Scholarship 2020
Gracie Rhoads $1,000 Paris, IL, US Scholarship 2020
Kristen Morecraft $500 Paris, IL, US Scholarship 2020
Karrington Krabel $500 Chrisman, IL, US Scholarship 2020
Emilie Trapp $500 Paris, IL, US Scholarship 2020
Marcedez Cassity $1,000 Paris, IL, US Scholarship 2020
Kelsey Dosch $500 Paris, IL, US Scholarship 2020
Shane Daughtery $500 Paris, IL, US Scholarship 2020
Sydni Adams $1,000 Oliver, IL, US Scholarship 2020
Main Street Cafe $100 Paris, IL, US Donation 2020
Victoria Bracken $1,000 Paris, IL, US Scholarship 2020
Ashtyn Cottle $500 Kansas, IL, US Scholarship 2020
Kelsie Crampton $500 Paris, IL, US Scholarship 2020
Sydney Fox $500 Paris, IL, US Scholarship 2020
Hallee Waters $500 Chrisman, IL, US Scholarship 2020
Tanner Clark $500 Paris, IL, US Scholarship 2020
Nathan York $1,500 Paris, IL, US Scholarship 2020
Kasey Newhart $500 Paris, IL, US Scholarship 2020
Annalise Littleton $500 Paris, IL, US Scholarship 2020
Emma Scott $500 Paris, IL, US Scholarship 2020
Raymond Lin $500 Paris, IL, US Scholarship 2020
Susannah Baptista $500 Paris, IL, US Scholarship 2020
Makayla Thomas $500 Paris, IL, US Scholarship 2020
Olivia Theirl $500 Paris, IL, US Scholarship 2020
Emma Moreschi $500 Paris, IL, US Scholarship 2020
Cole Webster $500 Chrisman, IL, US Scholarship 2020

Foundations Similar to Prospect Bank Foundation

Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in IL that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 11-3770397 | 4 grants awarded
$0
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$2,000
median grant
Glen Ellyn, IL
Same state
100%
Excellent match

EIN: 06-6098834 | 3 grants awarded
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$1,239
median grant
Chicago, IL
Same state
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Excellent match

EIN: 13-6046567 | 50 grants awarded
$0
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$2,000
median grant
Chicago, IL
Same state
100%
Excellent match

EIN: 13-3705651 | 108 grants awarded
$0
(≈ Similar)
$500
median grant
Toledo, IL
Same state
100%
Excellent match

EIN: 01-0745982 | 1 grants awarded
$0
(≈ Similar)
$766
median grant
Country Club Hills, IL
Same state
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Excellent match

Contact Information

Official contact details for Prospect Bank Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 37-1286227
Website N/A
Address PO BOX 400 Paris, IL 61944-0400

Key People (3)

Board members, trustees, and key staff who oversee Prospect Bank Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Robert Morgan
Vice Preside Cathy Morgan
Sec/treas Tamra Inman

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Prospect Bank Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Application Status
Based on its IRS Form 990-PF filings, this foundation accepts unsolicited grant applications, meaning eligible organizations can apply directly without a prior relationship.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.