First Mid Bancshares Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like First Mid Bancshares Inc. Data shown is extracted from Form 990-PF filings.

EIN: 37-1339718

Foundation Overview

Based in Mattoon, IL, First Mid Bancshares Inc has awarded 50 grants totaling $2,406,111 to organizations in Illinois and Missouri. Individual grants range from $2,000 to $500,000, with a median award of $10,000.

Latest Tax Year
2023
Total Giving (all years)
$2,406,111
Total Assets
$443,041
Median Grant (all grants)
$10,000

Latest Form 990-PF Snapshot

Total Grants
16
Median Grant
$15,000
% Median Grant Growth
+50% (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
Growth-Minded: 63%

10 of 16 recipients (63%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
Illinois

72% 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 Mattoon (36%), Charleston (19%), Effingham (19%).

Funding Trajectory
+1603%

Strong 1603% growth in annual giving over 7 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into First Mid Bancshares Inc'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
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2023
Mattoon Community Unit School District #2 $5,000 Mattoon, IL, US Unrestricted Gift 2023
Metropolitan St Louis Equal Housing And Opportunity Council $15,000 St Louis, MO, US Unrestricted Gift 2023
Trail Recreation Effingham County $15,000 Effingham, IL, US Unrestricted Gift 2023
Woodstock Institute $5,000 Chicago, IL, US Unrestricted Gift 2023
Mac Sports Foundation $25,000 St Louis, MO, US Unrestricted Gift 2023
Mattoon Sports Complex Inc $500,000 Mattoon, IL, US Unrestricted Gift 2023
Arcola Foundation Palace Fund $7,500 Arcola, IL, US Unrestricted Gift 2023
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2023
Mattoon Community Unit School District #2 $5,000 Mattoon, IL, US Unrestricted Gift 2023
Metropolitan St Louis Equal Housing And Opportunity Council $15,000 St Louis, MO, US Unrestricted Gift 2023
Trail Recreation Effingham County $15,000 Effingham, IL, US Unrestricted Gift 2023
Woodstock Institute $5,000 Chicago, IL, US Unrestricted Gift 2023
Mac Sports Foundation $25,000 St Louis, MO, US Unrestricted Gift 2023
Mattoon Sports Complex Inc $500,000 Mattoon, IL, US Unrestricted Gift 2023
Arcola Foundation Palace Fund $7,500 Arcola, IL, US Unrestricted Gift 2023
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2022
Griot Museum Of Black History $10,000 St Louis, MO, US Unrestricted Gift 2022
Metropolitan St Louis Equal Housing And Opportunity Council $110,000 St Louis, MO, US Unrestricted Gift 2022
The Eagle Foundation Inc $10,000 Ashland, MO, US Unrestricted Gift 2022
Mattoon Community Unit School District #2 $5,000 Mattoon, IL, US Unrestricted Gift 2022
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2022
Griot Museum Of Black History $10,000 St Louis, MO, US Unrestricted Gift 2022
Metropolitan St Louis Equal Housing And Opportunity Council $110,000 St Louis, MO, US Unrestricted Gift 2022
The Eagle Foundation Inc $10,000 Ashland, MO, US Unrestricted Gift 2022
Mattoon Community Unit School District #2 $5,000 Mattoon, IL, US Unrestricted Gift 2022
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2022
Griot Museum Of Black History $10,000 St Louis, MO, US Unrestricted Gift 2022
Metropolitan St Louis Equal Housing And Opportunity Council $110,000 St Louis, MO, US Unrestricted Gift 2022
The Eagle Foundation Inc $10,000 Ashland, MO, US Unrestricted Gift 2022
Mattoon Community Unit School District #2 $5,000 Mattoon, IL, US Unrestricted Gift 2022
City Of Mattoon $13,500 Mattoon, IL, US Unrestricted Gift 2021
Eastern Illinois University Foundation $50,000 Charleston, IL, US Unrestricted Gift 2021
Edwardsville Community Foundation $25,000 Edwardsville, IL, US Unrestricted Gift 2021
Southeastern Il Community Foundation $2,000 Effingham, IL, US Unrestricted Gift 2021
Greater St Louis Boy Scout Trust Fund $10,000 St Louis, MO, US Unrestricted Gift 2021
Sarah Bush Lincoln Health Foundation $100,000 Mattoon, IL, US Unrestricted Gift 2021
Illinois Amish Heritage Center $5,000 Arthur, IL, US Unrestricted Gift 2020
Southeastern Il Community Foundation $10,000 Effingham, IL, US Unrestricted Gift 2020
Eastern Illinois University Foundation $300,000 Charleston, IL, US Unrestricted Gift 2020
City Of Mattoon $13,500 Mattoon, IL, US Unrestricted Gift 2020
Sarah Bush Lincoln Health Foundation $10,000 Mattoon, IL, US Unrestricted Gift 2018
Southeastern Il Community Foundation $10,000 Effingham, IL, US Unrestricted Gift 2018
Sarah Bush Lincoln Health Foundation $5,000 Mattoon, IL, US Unrestricted Gift 2017
Southeastern Il Community Foundation $15,555 Effingham, IL, US Unrestricted Gift 2017
Arcola Foundation - One On One $5,000 Arcola, IL, US Unrestricted Gift 2016
Decatur Area Arts Council $5,000 Decatur, IL, US Unrestricted Gift 2016
Sarah Bush Lincoln Health Foundation $5,000 Mattoon, IL, US Unrestricted Gift 2016
Southeastern Il Community Foundation $15,556 Effingham, IL, US Unrestricted Gift 2016
The Kirby Foundation $6,000 Monticello, IL, US Unrestricted Gift 2016

Foundations Similar to First Mid Bancshares Inc

Discover 5 foundations with comparable assets ($442,543-$444,543), 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: 84-6248323 | 16 grants awarded
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EIN: 13-6037716 | 8 grants awarded
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EIN: 36-4211272 | 17 grants awarded
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EIN: 16-6164299 | 7 grants awarded
$444,432
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$14,531
median grant
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EIN: 20-3031363 | 36 grants awarded
$444,543
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median grant
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Contact Information

Official contact details for First Mid Bancshares Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 37-1339718
Website N/A
Address PO BOX 529 Mattoon, IL 61938-0529

Key People (1)

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

Trustee First Mid Wealth Management Company

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 First Mid Bancshares Inc 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.

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.