John T Mcnaughton Memorial Scholarship Trust

Champaign, IL
EIN: 37-6186149

Type of Nonprofit

Designated as a 4947(a)(1) Non-exempt charitable trusts.

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 Aug.
2025

Revenue

$750

Expenses

$1,313

Net Income

-$563

Net Assets

$9,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$404	53.9%
Sales of Assets	$346	46.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$800	60.9%
Compensation of Officers*	$513	39.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,007
Total Liabilities	$0
Net Assets	$9,007

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$513	$0

990-PF

Filed on Dec. 3, 2025

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2024

Revenue

-$411

Expenses

$1,514

Net Income

-$1,925

Net Assets

$9,567

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$428
Sales of Assets	-$839
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,000	66.1%
Compensation of Officers*	$514	33.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,567
Total Liabilities	$0
Net Assets	$9,567

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$514	$0

990-PF

Filed on Nov. 14, 2024

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2023

Revenue

$150

Expenses

$3,064

Net Income

-$2,914

Net Assets

$11,492

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$367	> 100%
Sales of Assets	-$217
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$900	29.4%
Compensation of Officers*	$514	16.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,492
Total Liabilities	$0
Net Assets	$11,492

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$514	$0

990-PF

Filed on Nov. 6, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2022

Revenue

$225

Expenses

$2,770

Net Income

-$2,545

Net Assets

$14,407

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$225	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,020	36.8%
Compensation of Officers*	$150	5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$14,407
Total Liabilities	$0
Net Assets	$14,407

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$150	$0

990-PF

Filed on Oct. 11, 2022

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2021

Revenue

$318

Expenses

$955

Net Income

-$637

Net Assets

$16,954

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$279	87.7%
Sales of Assets	$39	12.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$805	84.3%
Compensation of Officers*	$150	15.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$16,955
Total Liabilities	$1
Net Assets	$16,954

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$150	$0

990-PF

Filed on Nov. 12, 2021

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2020

Revenue

$588

Expenses

$2,380

Net Income

-$1,792

Net Assets

$17,591

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$452	76.9%
Sales of Assets	$136	23.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,430	60.1%
Compensation of Officers*	$150	6.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$17,592
Total Liabilities	$1
Net Assets	$17,591

Compensation

Key Employees and Officers	Compensation	Other
Busey Bank (Trustee)	$150	$0

990-PF

Filed on Oct. 29, 2020

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2019

Revenue

$553

Expenses

$1,178

Net Income

-$625

Net Assets

$19,388

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$545	98.6%
Sales of Assets	$8	1.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,013	86.0%
Compensation of Officers*	$150	12.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$19,388
Total Liabilities	$0
Net Assets	$19,388

Compensation

Key Employees and Officers	Compensation	Other
Busey Trust Company (Trustee)	$150	$0

990-PF

Filed on Oct. 31, 2019

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2017

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

990-PF

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

PDF

Fiscal Year Ending Aug.
2016

Revenue

$416

Expenses

$707

Net Income

-$291

Net Assets

$22,287

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$320	76.9%
Sales of Assets	$96	23.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$200	28.3%
Compensation of Officers*	$200	28.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,287
Total Liabilities	$0
Net Assets	$22,287

990-PF

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

PDF

Fiscal Year Ending Aug.
2015

Revenue

$339

Expenses

$709

Net Income

-$370

Net Assets

$22,578

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$322	95.0%
Sales of Assets	$17	5.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$250	35.3%
Compensation of Officers*	$150	21.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,578
Total Liabilities	$0
Net Assets	$22,578

990-PF

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

PDF

Fiscal Year Ending Aug.
2014

Revenue

$449

Expenses

$469

Net Income

-$20

Net Assets

$22,948

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$332	73.9%
Sales of Assets	$117	26.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$150	32.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,948
Total Liabilities	$0
Net Assets	$22,948

990-PF

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

PDF

Fiscal Year Ending Aug.
2013

Revenue

$948

Expenses

$500

Net Income

$448

Net Assets

$22,968

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$457	48.2%
Sales of Assets	$491	51.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$200	40.0%
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	$22,968
Total Liabilities	$0
Net Assets	$22,968

990-PF

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

PDF

Fiscal Year Ending Aug.
2012

Revenue

$812

Expenses

$840

Net Income

-$28

Net Assets

$22,536

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$524	64.5%
Sales of Assets	$288	35.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300	35.7%
Compensation of Officers*	$150	17.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,536
Total Liabilities	$0
Net Assets	$22,536

990-PF

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

PDF

Fiscal Year Ending Aug.
2011

Revenue

$909

Expenses

$875

Net Income

$34

Net Assets

$22,582

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$713	78.4%
Sales of Assets	$196	21.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300	34.3%
Compensation of Officers*	$150	17.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$22,582
Total Liabilities	$0
Net Assets	$22,582

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.

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Types of Nonprofits

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John T Mcnaughton Memorial Scholarship Trust

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Aug. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Aug.
2025

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002