Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Liabilities / Revenue
17th percentile
Higher debt load relative to revenue than 17% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$8,947,381
Up $197,728 (+2.3%) from 2021
Net Assets
Up$8,930,750
Up $194,418 (+2.2%) from 2021
Liabilities
Up$16,631
Up $3,310 (+25%) from 2021
Revenue
Up$783,083
Up $390,907 (+100%) from 2021
Expenses
Up$584,208
Up $29,163 (+5.3%) from 2021
Net Income
Up$198,875
Up $361,744 (+222%) from 2021
The organization is a charitable trust that was created under the will of margaret bloom whose date of death was september 29, 1981. The trust provides that the assets of the trust are to be held in trust by the trustee for the use and benefit of the university of illinois foundation in providing scholarships at the university of illinois, urbana, illinois. Distributions from the trust are to be used solely for the education and maintenance of students at the university of illinois who meet certain conditions provided for their college education.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $8,736,332 | $8,930,750 | ▲ $194,418 |
| Investments in Publicly Traded Securities | $7,414,347 | $7,503,166 | ▲ $88,819 |
| Land, Buildings, and Equipment, Net | $1,148,847 | $1,147,847 | ▼ $1,000 |
| Savings and Temporary Cash Investments | $186,459 | $296,368 | ▲ $109,909 |
| Total Assets | $8,749,653 | $8,947,381 | ▲ $197,728 |
| Liabilities | |||
| Grants Payable | $13,321 | $16,631 | ▲ $3,310 |
| Total Liabilities | $13,321 | $16,631 | ▲ $3,310 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $8,736,332 | $8,930,750 | ▲ $194,418 |
| Total Liabilities and Net Assets / Fund Balance | $8,749,653 | $8,947,381 | ▲ $197,728 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $1,138,972 | - | $1,138,972 |
| Other Land Buildings | $8,875 | $24,375 | $33,250 |
| Name | Title |
|---|---|
| - | Trustee |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $469,804 |
| Salaries, Compensation, and Employee Benefits | $108,464 |
| Other Expenses | $5,940 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $469,804 | - | - | $469,804 |
| Current Officers, Directors, Trustees, and Key Employees | - | $108,464 | - | $108,464 |
| All Other Expenses | $3,850 | - | - | $3,850 |
| Fees for Services Accounting | - | $2,090 | - | $2,090 |
| Total Functional Expenses | $473,654 | $110,554 | $0 | $584,208 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization is a charitable trust; as such, it does not have any voting members. It is directed and managed by an independent corporate trustee, Busey Bank.”
“Actions of the corporate trustee are subject to regular review by oversight committees of the trust company; all meetings documented.”
“Actions of the corporate trustee are subject to regular review by oversight committees of the trust company; all meetings documented.”
“Busey Bank, as trustee, prepares the form 990 for the charitable trust, the form 990 is reviewed by both tax and administrative personnel at the trust company familiar with the charitable trust. A copy is provided to the University of Illinois, the supported organization.”
“The organization is a charitable trust. Its trustee is Busey Bank. The trustee maintains a written conflict of interest policy. Its officers, directors and employees are required to annually disclose interests that could give rise to conflicts. Busey Bank monitors and enforces compliance with this policy through employee education and reporting.”
“Busey Bank makes available, upon request, the Trust Agreement and amendments as well as financial statements (as included in its Form 990.) It also will make available the company's conflict of interest policy.”
“The organization is a charitable trust; as such, it does not have any voting members. It is directed and managed by an independent corporate trustee, Busey Bank.”
“The organization is a charitable trust. Its Trustee is Busey Bank. Busey Bank, as a separate organization, does have a written conflict of interest policy. Its officers, directions and employees are required to disclose annually interest that could give rise to conflicts. Busey Bank regularly and consistently monitors and enforces compliance with this policy through employee education and representation.”
“Busey Bank has a written whistleblowers policy and a written document retention and destruction policy.”
“Busey Bank, as trustee of the Margaret Bloom Trust, sets it's fees based on its standard fee schedule used in assessing fees to all exempt organization clients. Its fee schedule is comparable to industry fee schedules in the area.”
“Busey Bank makes available, upon request, the Trust agreement and amendments as well as financial statements. It also will make available the Companys conflict of interest policy.”
“$(145.84) accrued interest posted in current year and taxable in following year.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE ORGANIZATION IS A CHARITABLE TRUST THAT WAS CREATED UNDER THE WILL OF MARGARET BLOOM WHOSE DATE OF DEATH WAS SEPTEMBER 29, 1981. THE TRUST PROVIDES THAT THE ASSETS OF THE TRUST ARE TO BE HELD IN TRUST BY THE TRUSTEE FOR THE USE AND BENEFIT OF THE UNIVERSITY OF ILLINOIS FOUNDATION IN PROVIDING SCHOLARSHIPS AT THE UNIVERSITY OF ILLINOIS, URBANA, ILLINOIS. DISTRIBUTIONS FROM THE TRUST ARE TO BE USED SOLELY FOR THE EDUCATION AND MAINTENANCE OF STUDENTS AT THE UNIVERSITY OF ILLINOIS WHO MEET CERTAIN CONDITIONS PROVIDED FOR THEIR COLLEGE EDUCATION. |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 3850 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 3850 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BUSEY BANK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2173654800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 201 W MAIN ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | URBANA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 61801 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 108464 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 108464 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 469804 |
| IRS990/CYInvestmentIncomeAmt | 0 | 699719 |
| IRS990/CYOtherExpensesAmt | 0 | 5940 |
| IRS990/CYOtherRevenueAmt | 0 | 83364 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 198875 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 108464 |
| IRS990/CYTotalExpensesAmt | 0 | 584208 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 783083 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | UNIVERSITY OF ILLINOIS FOUNDATION |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExcsTaxSect4951Or4952Or4953Ind | 0 | false |
| IRS990/ExpenseAmt | 0 | 469804 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2090 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2090 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt | 0 | BUSEY BANK |
| IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 435193 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 0 |
| IRS990/GrantAmt | 0 | 469804 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 13321 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 16631 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 469804 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 469804 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1461165 |
| IRS990/GrossReceiptsAmt | 0 | 1830701 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 104956 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 264526 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 264526 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 7414347 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 7503166 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 24375 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1148847 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1147847 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1172222 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1025972 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 21646 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MiscellaneousRevenueGrp/ExclusionAmt | 0 | 54 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 54 |
| IRS990/MissionDesc | 0 | THE ORGANIZATION IS A CHARITABLE TRUST THAT WAS CREATED UNDER THE WILL OF MARGARET BLOOM WHOSE DATE OF DEATH WAS SEPTEMBER 29, 1981. THE TRUST PROVIDES THAT THE ASSETS OF THE TRUST ARE TO BE HELD IN TRUST BY THE TRUSTEE FOR THE USE AND BENEFIT OF THE UNIVERSITY OF ILLINOIS FOUNDATION IN PROVIDING SCHOLARSHIPS AT THE UNIVERSITY OF ILLINOIS, URBANA, ILLINOIS. DISTRIBUTIONS FROM THE TRUST ARE TO BE USED SOLELY FOR THE EDUCATION AND MAINTENANCE OF STUDENTS AT THE UNIVERSITY OF ILLINOIS WHO MEET CERTAIN CONDITIONS PROVIDED FOR THEIR COLLEGE EDUCATION. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8736332 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8930750 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 435193 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 83310 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -146 |
| IRS990/OtherRevenueTotalAmt | 0 | 54 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | KAREN WALKER |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -4311 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 456114 |
| IRS990/PYInvestmentIncomeAmt | 0 | 323030 |
| IRS990/PYOtherExpensesAmt | 0 | 7099 |
| IRS990/PYOtherRevenueAmt | 0 | 69146 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -162869 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 91832 |
| IRS990/PYTotalExpensesAmt | 0 | 555045 |
| IRS990/PYTotalRevenueAmt | 0 | 392176 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 198875 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 83310 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 8736332 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 8930750 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 186459 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 296368 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt | 0 | 783083 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt | 0 | 392118 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt | 0 | 114404 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt | 0 | 94922 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt | 0 | 783083 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt | 0 | 392118 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt | 0 | 668679 |
| IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt | 0 | 297196 |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 297196 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 456388 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 456388 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 252617 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 456388 |
| IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt | 0 | 456388 |
| IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt | 0 | 456388 |
| IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt | 0 | 456388 |
| IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | true |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt | 0 | 15571564 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt | 0 | 13238227 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt | 0 | 187708 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt | 0 | 228076 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt | 0 | 12036356 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt | 0 | 9783484 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt | 0 | 233573 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt | 0 | 198573 |
| IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt | 0 | 3347500 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt | 0 | 3226667 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt | 0 | 15337991 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt | 0 | 13039654 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt | 0 | 536830 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt | 0 | 456388 |
| IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt | 0 | 0 |
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| IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt | 0 | 456388 |
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| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
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| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | UNIVERSITY OF ILLINOIS FOUNDATION |
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| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1138972 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 8875 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 24375 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 33250 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1147847 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The organization is a charitable trust; as such, it does not have any voting members. It is directed and managed by an independent corporate trustee, Busey Bank. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The organization is a charitable trust. Its Trustee is Busey Bank. Busey Bank, as a separate organization, does have a written conflict of interest policy. Its officers, directions and employees are required to disclose annually interest that could give rise to conflicts. Busey Bank regularly and consistently monitors and enforces compliance with this policy through employee education and representation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Busey Bank has a written whistleblowers policy and a written document retention and destruction policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Busey Bank, as trustee of the Margaret Bloom Trust, sets it's fees based on its standard fee schedule used in assessing fees to all exempt organization clients. Its fee schedule is comparable to industry fee schedules in the area. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Busey Bank makes available, upon request, the Trust agreement and amendments as well as financial statements. It also will make available the Companys conflict of interest policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The organization is a charitable trust; as such, it does not have any voting members. It is directed and managed by an independent corporate trustee, Busey Bank. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Actions of the corporate trustee are subject to regular review by oversight committees of the trust company; all meetings documented. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Actions of the corporate trustee are subject to regular review by oversight committees of the trust company; all meetings documented. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Busey Bank, as trustee, prepares the form 990 for the charitable trust, the form 990 is reviewed by both tax and administrative personnel at the trust company familiar with the charitable trust. A copy is provided to the University of Illinois, the supported organization. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | The organization is a charitable trust. Its trustee is Busey Bank. The trustee maintains a written conflict of interest policy. Its officers, directors and employees are required to annually disclose interests that could give rise to conflicts. Busey Bank monitors and enforces compliance with this policy through employee education and reporting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Busey Bank makes available, upon request, the Trust Agreement and amendments as well as financial statements (as included in its Form 990.) It also will make available the company's conflict of interest policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | $(145.84) ACCRUED INTEREST POSTED IN CURRENT YEAR AND TAXABLE IN FOLLOWING YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | LINE 13, 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | EXPLANATION FOR FORM 990, PART XI, LINE 9 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
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| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
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| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 473654 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 584208 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 13321 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 16631 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 13321 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 16631 |
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| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TypeOfOrganizationTrustInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 201 W MAIN ST |
| IRS990/USAddress/CityNm | 0 | URBANA |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 61801 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 0 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BUSEY BANK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Trustee |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2173654800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-06-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MARGARET BLOOM TRUST 1045000013 |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BLOO |
| ReturnHeader/Filer/EIN | 0 | 376224584 |
| ReturnHeader/Filer/PhoneNum | 0 | 2173654800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 260 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHAMPAIGN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 618240260 |
| ReturnHeader/ReturnTs | 0 | 2022-06-14T08:00:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-02-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-01-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.
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