Foster and Maralee Overcash Scholarship Trust
Historical FunderCanton, Illinois · EIN 37-6304824 · Private foundation
Half of its grants to organizations were between $3,000 and $3,000.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | MidAmerica National Bank Wealth Man |
|---|---|
| Address | 100 West Elm Street, Canton IL 61520 |
| Phone | 3096475000 |
| Form and materials | MidAmerica National Bank Wealth Management administers the applications |
| Deadlines | April 1st |
| Restrictions | Applicants must be graduates of Canton High School and enrolled in a 4-year college. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
16% of grants went outside Illinois.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Illinois | Urbana, IL | Scholarship | $12,000 |
| Illinois State University | Normal, IL | Scholarship | $6,000 |
| Western Illinois University | Macomb, IL | Scholarship | $6,000 |
| Monmouth University | Monmouth, IL | Scholarship | $3,000 |
| Elmhurst University | Elmhurst, IL | Scholarship | $3,000 |
| Illinois College | Jacksonville, IL | Scholarship | $3,000 |
| Bradley University | Peoria, IL | Scholarship | $3,000 |
| Illinois Weslyan University | Bloomington, IL | Scholarship | $3,000 |
| Depaul University | Chicago, IL | Scholarship | $3,000 |
| Knox College | Galesburg, IL | Scholarship | $3,000 |
| Iowa State University | Ames, IA | Scholarship | $3,000 |
| Oklahoma State University | Stillwater, OK | Scholarship | $3,000 |
The return also lists 1 grant to individuals ($3,000). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $54,000 | 13 |
| 2024 | $57,000 | 13 |
| 2023 | $61,500 | 14 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 15, 2026 - IRS e-file batch, object ID 202641359349101559
- IRS Tax Exempt Organization Search for EIN 37-6304824
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.