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Filing year 2024

CUTCO FOUNDATION INC

Olean, New York·EIN 16-1491450·NTEE T20J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$818k
Total assets
$10.5M
Total expenses
$651k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. CUTCO FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President
Director
Director
Treasurer/secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$638k

Itemized grants

77

Median grant

$1k

RecipientLocationPurposeAmount
JAMESTOWN COMMUNITY COLLEGE FOUNDATIONOLEAN, NYGIFT$100k
OLEAN GENERAL HOSPITAL FOUNDATIONOLEAN, NYNEW LINEAR ACELERATOR EQUIPMENT$100k
ST BONAVENTURE UNIVERSITYST BONAVENTURE, NYPLEDGE$100k
YMCA OF THE TWIN TIERSOLEAN, NYPLEDGE$100k
UNITED WAY OF CATTARAUGUS & ALLEGANY COUNTIESOLEAN, NYANNUAL GIFT$40k
CA-DIDIOLEAN, NYANNUAL GIFT$20k
PURDUE UNIVERSITYDETROIT, MIPLEDGE$20k
AMERICAN RED CROSSBUFFALO, NYANNUAL GIFT$20k
ROSWELL PARK ALLIANCE FOUNDATIONBUFFALO, NYANNUAL GIFT$15k
INTANDEMOLEAN, NYANNUAL GIFT$10k
OLEAN GENERAL HOSPITAL FOUNDATIONOLEAN, NYVEIN MONITORING DEVICES FOR USE IN THE HOSPITAL$6k
SOUTHERN TIER CATHOLIC ARCHBISHOP WALSH ACADEMYOLEAN, NYANNUAL GIFT$5k
LITERACY OF LOVEOLEAN, NYANNUAL GIFT$5k
BONITA SPRINGS SENIOR CITIZEN CENTERBONITA SPRINGS, FLANNUAL GIFT$5k
AMERICAN RED CROSSBUFFALO, NYANNUAL GIFT$5k
SAINT BONAVENTURE UNIVERSITYST BONAVENTURE, NYMATCH$5k
JAMESTOWN COMMUNITY COLLEGE FOUNDATIONOLEAN, NYMATCH$5k
SAINT BONAVENTURE UNIVERSITYST BONAVENTURE, NYMATCH$5k
CHRIST UNITED METHODIST CHURCHOLEAN, NYANNUAL GIFT$4k
HOUGHTON UNIVERSITYHOUGHTON, NYANNUAL GIFT$4k
HOME CARE & HOSPICEOLEAN, NYANNUAL GIFT$3k
RURAL OUTREACH CENTEREAST AURORA, NYPLEDGE$3k
ST STEPHENS EPISCOPAL CHURCHOLEAN, NYANNUAL GIFT$3k
CATTARAUGUS REGION COMMUNITY FOUNDATIONOLEAN, NYANNUAL GIFT$3k
CATTARAUGUS COUNTY SPCAOLEAN, NYANNUAL GIFT$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

CUTCO FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$975k
2023
$818k
$651k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

CUTCO FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about CUTCO FOUNDATION INC

What are CUTCO FOUNDATION INC's revenue and expenses?

In 2024, CUTCO FOUNDATION INC reported $818k in total revenue and $651k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.