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Richard L Gray Perpetual Charitable Tr

Farmers State Bank Ttee
  • Pittsfield, IL
  • Tax-exempt since Oct. 2010
  • EIN: 20-6784832

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$427k (2024)

Expenses
$448k (2024)

Total Assets
$3.77M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$427,039
Expenses
$447,857
Net Income
-$20,818
Net Assets
$3,766,730
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $32,452
7.6%
Dividends $9,577
2.2%
Sales of Assets $33,347
7.8%
Other Income $351,663
82.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $168,975
37.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,766,730
Total Liabilities $0
Net Assets $3,766,730
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on May 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$566,252
Expenses
$447,652
Net Income
$118,600
Net Assets
$3,787,548
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $36,023
6.4%
Dividends $10,259
1.8%
Sales of Assets $29,390
5.2%
Other Income $490,580
86.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $70,954
15.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,787,548
Total Liabilities $0
Net Assets $3,787,548
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on May 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$473,045
Expenses
$386,355
Net Income
$86,690
Net Assets
$3,668,948
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12,170
2.6%
Dividends $6,951
1.5%
Sales of Assets $134,650
28.5%
Other Income $319,274
67.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $114,956
29.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,668,948
Total Liabilities $0
Net Assets $3,668,948
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on May 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$200,971
Expenses
$569,837
Net Income
-$368,866
Net Assets
$3,582,258
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $11,248
5.6%
Dividends $9,115
4.5%
Sales of Assets $70,799
35.2%
Other Income $109,809
54.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $445,154
78.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,582,258
Total Liabilities $0
Net Assets $3,582,258
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$615,876
Expenses
$438,177
Net Income
$177,699
Net Assets
$3,951,133
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12,876
2.1%
Dividends $8,276
1.3%
Sales of Assets $28,134
4.6%
Other Income $566,590
92.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $289,425
66.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,951,134
Total Liabilities $1
Net Assets $3,951,133
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on May 19, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$328,974
Expenses
$314,522
Net Income
$14,452
Net Assets
$3,773,640
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $13,989
4.3%
Dividends $11,362
3.5%
Sales of Assets $27,292
8.3%
Other Income $276,331
84.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $121,132
38.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,773,641
Total Liabilities $1
Net Assets $3,773,640
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on July 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$244,627
Expenses
$184,909
Net Income
$59,718
Net Assets
$3,758,881
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,569
3.5%
Dividends $10,229
4.2%
Sales of Assets $192,511
78.7%
Other Income $33,318
13.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,492
21.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,758,881
Total Liabilities $0
Net Assets $3,758,881
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Michelle Hart (Asst Trust O) $0 $0

Document Links

990-PF
Filed on July 8, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$574,201
Expenses
$319,285
Net Income
$254,916
Net Assets
$5,376,799
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $9,362
1.6%
Dividends $6,135
1.1%
Sales of Assets $44,058
7.7%
Other Income $514,646
89.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $200,442
62.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,376,799
Total Liabilities $0
Net Assets $5,376,799
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Tammy Jennings (Asst Trust O) $0 $0
Michelle Hart (Trust Assist) $0 $0

Document Links

990-PF
Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$286,818
Expenses
$509,588
Net Income
-$222,770
Net Assets
$5,121,804
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10,730
3.7%
Dividends $7,229
2.5%
Sales of Assets $22,869
8.0%
Other Income $245,990
85.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $287,889
56.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,121,804
Total Liabilities $0
Net Assets $5,121,804
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Tammy Jennings (Asst Trust O) $0 $0
Michelle Hart (Trust Assist) $0 $0

Document Links

990-PF
Filed on May 25, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$260,322
Expenses
$521,383
Net Income
-$261,061
Net Assets
$5,341,945
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15,901
6.1%
Dividends $6,453
2.5%
Sales of Assets $67,485
25.9%
Other Income $170,483
65.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $336,296
64.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,341,945
Total Liabilities $0
Net Assets $5,341,945
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Joe Dierker (Senior Trust) $0 $0
Tammy Jennings (Asst Trust O) $0 $0
Michelle Hart (Trust Assist) $0 $0
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Document Links

990-PF
Filed on April 18, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,553,066
Expenses
$537,312
Net Income
$4,015,754
Net Assets
$5,810,030
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,053,713
89.0%
Interest Revenue $19,474
0.4%
Dividends $5,613
0.1%
Sales of Assets $0
Other Income $474,266
10.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $341,409
63.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,810,030
Total Liabilities $0
Net Assets $5,810,030
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Joe Dierker (Senior Trust) $0 $0
Tammy Jennings (Asst Trust O) $0 $0
Kelsey Duncan (Trust Assist) $0 $0
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Document Links

990-PF
Filed on April 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$212,703
Expenses
$306,819
Net Income
-$94,116
Net Assets
$1,794,276
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $152,443
71.7%
Interest Revenue $15,826
7.4%
Dividends $3,930
1.8%
Sales of Assets -$80,569
Other Income $121,073
56.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $100,154
32.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,794,276
Total Liabilities $0
Net Assets $1,794,276
Compensation
Key Employees and Officers Compensation Other
Farmers State Bank Farmers State Bank (Trustee) $0 $0
Joe Dierker (Senior Trust) $0 $0
Tammy Jennings (Asst Trust O) $0 $0
Kelsey Duncan (Trust Assist) $0 $0
+ View more people

Document Links

990-PF
Filed on April 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$635,065
Expenses
$323,765
Net Income
$311,300
Net Assets
$1,888,391
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $117,100
18.4%
Interest Revenue $17,357
2.7%
Dividends $4,161
0.7%
Sales of Assets $0
Other Income $553,189
87.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $69,369
21.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,888,392
Total Liabilities $1
Net Assets $1,888,391

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$371,412
Expenses
$274,866
Net Income
$96,546
Net Assets
$1,577,091
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $57,162
15.4%
Interest Revenue $18,459
5.0%
Dividends $4,351
1.2%
Sales of Assets $0
Other Income $291,440
78.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,341
20.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,577,092
Total Liabilities $1
Net Assets $1,577,091

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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