Mission
THE VERNA K TOWNSEND TRUST PROVIDES FOR $2,500 ANNUAL SCHOLARSHIPS TO BE GIVEN TO STUDENTS AT THE UNIVERSITY OF ILLINOIS WHO ARE CURRENTLY ENROLLED IN THE COLLEGE OF LAW AND SCHOOL OF MUSIC.
Public Charity
VERNA TOWNSEND TRUST DATED 7871 1020000374
VERNA TOWNSEND TRUST DATED 7871 1020000374 is a private foundation categorized as Public Charity based in CHAMPAIGN, IL. Its most recent IRS filing (2024) reports revenue of $149K, expenses of $106K, total assets of $1.8M. Imperigo tracks 2 reported grants from this foundation totaling approximately $96K.
EIN: 376107738
CHAMPAIGN, IL
Latest filing: 2024
Total Revenue$149K
Total Expenses$106K
Total Assets$1.8M
Grants Given2
Grant Total$96K
Filing Years2020–2024
Sample Grants Given
SCHOLARSHIPS OF $2500/YEAR FOR LAW STUDENTS
$48,000
SCHOLARSHIPS OF $2,500/YEAR FOR STUDENTS STUDYING MUSIC
$48,000
Showing up to 5 of 2 total records — full history available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $149K | $106K | $1.8M |
| 2023 | $117K | $103K | $1.8M |
| 2022 | $140K | $99K | $1.7M |
| 2021 | $96K | $103K | $1.7M |
| 2020 | $87K | $95K | $1.7M |
Between 2020 and 2024, reported annual revenue grew from $87K to $149K (+71%), with total assets most recently reported at $1.8M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IL.
IL
Full geographic grant map with state-by-state breakdown available with membership.