Cutco Foundation Inc
EIN 161491450Total Given 2016–2023
$5.1M
489 grants · $635K avg/year
based on 8 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$2K
typical micro grants · $500–$4K
grant size
51%
supporter · 85/166 multi-year
repeat
$11.6M
Assets (2023)
166
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
MR JAMES M STITT
Phone
(716) 372-3111
Deadlines
NONE
How to Apply
FORMAL WRITTEN REQUEST WITH SUPPORTING DOCUMENTATION
Restrictions
EDUCATIONAL, HEALTH AND YOUTH AS RESTRICTED BY BY-LAWS OF THE CORPORATION
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $539K | $3.7M | $261K | 80 |
| 2018 | $450K | $4.9M | $1.0M | 83 |
| 2020 | $901K | $9.9M | $3.8M | 77 |
| 2021 | $903K | $11.7M | $1.9M | 82 |
| 2022 | $632K | $9.8M | $856K | 84 |
| 2023 | $1.7M | $11.6M | $1.6M | 83 |
Grant Size Distribution
Based on 489 grants on record
Minimum
$100
25th Pctl
$500
Median
$2K
Average
$10K
75th Pctl
$4K
Maximum
$400K
Geographic Distribution
Officers & Directors
JS
James E Stitt
4 yrs
President
Leadership
JS
James M Stitt
4 yrs
Treasurer/Secretary
Leadership
CS
Carol Stitt
2 yrs
Director
JS
John Stitt
6+ yrs
Director
JS
James E Stitt
4 yrs
President
Leadership
JS
James M Stitt
4 yrs
Treasurer/Secretary
Leadership
CS
Carol Stitt
2 yrs
Director
JS
John Stitt
6+ yrs
Director
JS
James E Stitt
4 yrs
President
Leadership
JS
James M Stitt
4 yrs
Treasurer
Leadership
JW
John Whelpley
4 yrs
Secretary
Leadership
JS
John Stitt
6+ yrs
Director
JS
James E Stitt
4 yrs
President
Leadership
JS
James M Stitt
4 yrs
Treasurer
Leadership
JW
John Whelpley
4 yrs
Secretary
Leadership
JS
John Stitt
6+ yrs
Director
JS
James Stitt
2 yrs
President
Leadership
JS
James Stitt Jr
2 yrs
Treasurer
Leadership
JW
John Whelpley
4 yrs
Secretary
Leadership
JS
John Stitt
6+ yrs
Director
BD
Brent Driscoll
2 yrs
Director
JS
James Stitt
2 yrs
President
Leadership
JS
James Stitt Jr
2 yrs
Treasurer
Leadership
JW
John Whelpley
4 yrs
Secretary
Leadership
BD
Brent Driscoll
2 yrs
Director
JS
John Stitt
6+ yrs
Director
Grants Awarded (489 total)
| Purpose | ||||
|---|---|---|---|---|
| St Bonaventure University | St Bonaventure, NY | $400,000 | BOLDER BONAVENTURE YEARS 2-5 (2024-2027) | 2023 |
| Alzheimer'S Association | Amherst, NY | $303,782 | ANNUAL GIFT | 2023 |
| Ymca of the Twin Tiers | Olean, NY | $300,000 | YEAR 3-5 (2024-2026) LAINE OUTDOOR CENTER | 2023 |
| Olean Business Development Corporation | Olean, NY | $250,000 | GENERAL PLEDGE | 2021 |
| St Bonaventure University | St Bonaventure, NY | $200,000 | GENERAL PLEDGE | 2020 |
| Jamestown Community College Foundation | Jamestown, NY | $115,000 | 1OF3 PLEDGE | 2020 |
| Jamestown Community College Foundation | Jamestown, NY | $115,000 | GENERAL PLEDGE | 2020 |
| Jamestown Community College Foundation | Olean, NY | $115,000 | PLEDGE | 2021 |
| Olean General Hospital Foundation | Olean, NY | $106,000 | GENERAL | 2021 |
| St Bonaventure University | St Bonaventure, NY | $100,000 | ANNUAL GIFT | 2018 |
| Olean Business Development Corp | Olean, NY | $100,000 | EJL ENTREPENEUR FUND | 2020 |
| St Bonaventure University | St Bonaventure, NY | $100,000 | PLEDGE | 2020 |
| Saint Bonaventure University | St Bonaventure, NY | $100,000 | PLEDGE | 2021 |
| St Bonaventure University | St Bonaventure, NY | $100,000 | GENERAL PLEDGE | 2021 |
| Jamestown Community College Foundation | Olean, NY | $100,000 | ENTREPRENEUR PROGRAM YEAR 2 OF 2 - 2023 | 2023 |
| Olean General Hospital Foundation | Olean, NY | $100,000 | VASCULAR SERVICES | 2023 |
| Saint Bonaventure University | St Bonaventure, NY | $100,000 | BOLDER BONAVENTURE YEAR 1 OF 5 - 2023 | 2023 |
| Ymca of the Twin Tiers | Olean, NY | $100,000 | YEAR 2 OF 5 - 2023 LAINE OUTDOOR CENTER | 2023 |
| Olean Business Development Corp | Olean, NY | $100,000 | BUILDING SUPPORT | 2016 |
| Jamestown Community College Foundation | Olean, NY | $100,000 | GENERAL PLEDGE | 2016 |
| Jamestown Community College Foundation | Olean, NY | $100,000 | PLEDGE | 2022 |
| Olean General Hospital Foundation | Olean, NY | $100,000 | GENERAL PLEDGE | 2022 |
| Saint Bonaventure University | St Bonaventure, NY | $100,000 | PLEDGE | 2022 |
| Ymca of the Twin Tiers | Olean, NY | $100,000 | PLEDGE | 2022 |
| St Bonaventure University | St Bonaventure, NY | $71,000 | ANNUAL GIFT | 2016 |