EIN 16-1491450

Cutco Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Olean
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Cutco Foundation is a private foundation located in Olean, NY. It made 73 grants last year. Its grantees include Jamestown Community College Foundation. Its purpose is to support the charitable, religious, scientific and educational purposes of any organization, so long as such organization qualifies as an exempt organization under section 501(c)(3) of the Internal Revenue Code.
Total revenues
$855,547
2022
Total expenses
$655,537
2022
Total assets
$9,675,546
2022
Num. employees
n/a

Program areas at Cutco Foundation

The entity intends to support the charitable, religious, scientific and educational purposes of any organization, so long as such organization is described in sections 170 (b) (1) 501 (c) (3), 2055 and 2522 of the internal revenue code of 1983.

Grants made by Cutco Foundation

GranteeGrant descriptionAmount
Olean General Hospital FoundationGeneral Pledge$100,000
Jamestown Community College FoundationPledge$100,000
YMCA of the Twin TiersPledge$100,000
...and 43 more grants made totalling $455,650

Personnel at Cutco Foundation

NameTitleCompensation
James M StittTreasurer$0

Financials for Cutco Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$500,100
Investment income and dividends$289,487
Net rental income$0
Net gain from sale of non-inventory assets$-20,715
Gross sales of inventory$0
Miscellaneous revenues$86,675
Total revenues$855,547

Form 990s for Cutco Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-11990PFView PDF
2021-122022-05-12990PFView PDF
2020-122021-05-15990PFView PDF
2019-122020-09-10990PRView PDF
2018-122019-06-19990PFView PDF
...and 7 more Form 990s

Organizations like Cutco Foundation

OrganizationLocationRevenue
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George Ignatius FoundationCovina, CA$286,960
Thomas A & Sharon K Ruder FoundationEvansville, IN$221,400
Quanex FoundationHouston, TX$1,250,705
Summers FoundationBrentwood, TN$246,807
The Linden FoundationBoston, MA$600,220
Seidl FoundationWausau, WI$481,451
Ponagansett FoundationHarrison, NY$253,006
Gregg Peters Monsees FoundationWilmington, DE$651,131
Rixey Street FoundationMC Lean, VA$303,649
Data update history
July 6, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
July 21, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 18, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 20, 2019
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1116 East State St
Olean, NY 14760
County
Cattaraugus County, NY
Website URL
cutco.com/ 
Phone
(716) 372-3111
IRS details
EIN
16-1491450
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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