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Foundation Lookup

Form 990-PFTax year 2025EIN 16-1491450

Cutco Foundation Inc

A private foundation in Olean, NY. Its return for tax year 2025 lists 85 grants and $798,042 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Mr James M Stitt
1116 E State Street
Olean, NY 14760
(716) 372-3111
Form and materials
Formal written request with supporting documentation
Deadlines
None
Restrictions
Educational, health and youth as restricted by by-laws of the corporation

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $798,042

    Grants listed
    85
    Assets, end of year
    $10,723,554

  • Tax year 2024

    $637,690

    Grants listed
    77
    Assets, end of year
    $10,488,659

  • Tax year 2023

    $957,412

    Grants listed
    81
    Assets, end of year
    $10,303,830

  • Tax year 2022

    $631,950

    Grants listed
    84
    Assets, end of year
    $9,675,546

  • Tax year 2021

    $551,690

    Grants listed
    79
    Assets, end of year
    $9,475,536

  • Tax year 2020

    $581,340

    Grants listed
    73
    Assets, end of year
    $8,111,202

  • Tax year 2019

    $560,981

    Grants listed
    72
    Assets, end of year
    $4,886,624

  • Tax year 2018

    $435,717

    Grants listed
    82
    Assets, end of year
    $4,592,397

Grants paid in 2025

85 grants, largest first

As listed on the return.

  1. Jamestown Community College FoundationOlean, NY

    Annual gift

    $100,000
  2. Olean General Hospital FoundationOlean, NY

    Annual gift

    $100,000
  3. St Bonaventure UniversitySt Bonas, NY

    Pledge

    $100,000
  4. YMCA of the Twin TiersOlean, NY

    Pledge

    $100,000
  5. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $50,000
  6. University of DaytonDayton, OH

    Pledge

    $50,000
  7. United Way of Cattaraugus & Allegany CountiesOlean, NY

    Annual gift

    $40,000
  8. Saint Bonaventure UniversitySt Bonaventure, NY

    Annual gift

    $25,000
  9. Southern Tier Health Care SystemsOlean, NY

    Annual gift

    $25,000
  10. Ca-DidiOlean, NY

    Annual gift

    $20,000
  11. Purdue UniversityDetroit, MI

    Pledge

    $20,000
  12. Roswell Park Alliance FoundationBuffalo, NY

    Annual gift

    $15,000
  13. American Red CrossBuffalo, NY

    Annual gift

    $15,000
  14. American Red CrossBuffalo, NY

    Annual gift

    $10,000
  15. IntandemOlean, NY

    Annual gift

    $10,000
  16. Circle the Wagons FoundationOrchard Park, NY

    Annual gift

    $10,000
  17. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $5,000
  18. Southern Tier Catholic School Archbishop Walsh AcadamyOlean, NY

    Annual gift

    $5,000
  19. Bonita Springs Senior Citizen CenterBonita Springs, FL

    Annual gift

    $5,000
  20. Boy Scouts of America - Alleghany Highlands CouncilFalconer, NY

    Annual gift

    $5,000
  21. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $5,000
  22. Tri-County Arts CouncilOlean, NY

    Annual gift

    $5,000
  23. Tri-County Arts CouncilOlean, NY

    Match

    $5,000
  24. Saint Bonaventure UniversitySt Bonaventure, NY

    Match

    $5,000
  25. Christ United Methodist ChurchOlean, NY

    Annual gift

    $4,000
  26. Houghton UniversityHoughton, NY

    Annual gift

    $4,000
  27. Olean Food PantryOlean, NY

    Annual gift

    $4,000
  28. Home Care & HospiceOlean, NY

    Annual gift

    $3,000
  29. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $2,500
  30. Alzheimer's Association Wny ChapterAmherst, NY

    Annual gift

    $2,500
  31. Girls Scouts of WnyBuffalo, NY

    Annual gift

    $2,000
  32. Special Olympics New YorkWilliamsville, NY

    Annual gift

    $2,000
  33. Immanuel Christian Child CareOlean, NY

    Annual gift

    $2,000
  34. Olean YMCAOlean, NY

    Annual gift

    $2,000
  35. Saint Bonaventure UniversitySt Bonaventure, NY

    Annual gift

    $2,000
  36. Salvation ArmyOlean, NY

    Annual gift

    $2,000
  37. Jamestown Community College FoundationOlean, NY

    Match

    $2,000
  38. Saint Bonaventure UniversitySt Bonaventure, NY

    Match

    $2,000
  39. University of DaytonDayton, OH

    Match

    $2,000
  40. Equestrian ConnectionLibertyville, IL

    Annual gift

    $1,500
  41. Canticle FarmAllegany, NY

    Annual gift

    $1,152
  42. Friends of the Library of Olean NYOlean, NY

    Annual gift

    $1,000
  43. Genesis House of Olean IncOlean, NY

    Annual gift

    $1,000
  44. Mercyflight of WnyBuffalo, NY

    Annual gift

    $1,000
  45. NFJC of WnyAmherst, NY

    Annual gift

    $1,000
  46. Rural Outreach CenterEast Aurora, NY

    Annual gift

    $1,000
  47. Care for ChildrenBradford, PA

    Annual gift

    $1,000
  48. Southern Tier Wounded Warrior BenefitAllegany, NY

    Annual gift

    $1,000
  49. Olean High School Alumni AssocOlean, NY

    Annual gift

    $1,000
  50. Pfeiffer Nature CenterPortville, NY

    Annual gift

    $1,000
  51. Create the CultureOlean, NY

    Annual gift

    $1,000
  52. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $1,000
  53. American Cancer SocietySyracuse, NY

    Annual gift

    $1,000
  54. Friends of Good MusicOlean, NY

    Annual gift

    $1,000
  55. Interfaith CaregiversOlean, NY

    Annual gift

    $1,000
  56. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $1,000
  57. St Stephens Episcopal ChurchOlean, NY

    Annual gift

    $1,000
  58. Cattaraugus County SPCAOlean, NY

    Match

    $1,000
  59. TLC Oishei CorpOlean, NY

    Annual gift

    $1,000
  60. Mount View CemeteryOlean, NY

    Annual gift

    $500
  61. Olean Community TheatreOlean, NY

    Annual gift

    $500
  62. Otto-Eldred Sports BoostersDuke Center, PA

    Annual gift

    $500
  63. Griffis Sculpture ParkBuffalo, NY

    Annual gift

    $500
  64. Allegany Public LibraryAllegany, NY

    Annual gift

    $500
  65. Olean Youth Huskies Football and CheerOlean, NY

    Annual gift

    $500
  66. Cattaraugus Region Community FoundationOlean, NY

    Annual gift

    $500
  67. Alzheimer's AssociationChicago, IL

    Annual gift

    $500
  68. Friends of the Cuba LibraryCuba, NY

    Annual gift

    $500
  69. Swny-Nwpa Golf TourneyOlean, NY

    Annual gift

    $500
  70. Congregation Beth Sholom of Memphis TNGermantown, TN

    Annual gift

    $500
  71. Advent Chorale of WnyEast Aurora, NY

    Annual gift

    $500
  72. Mount View CemeteryOlean, NY

    Annual gift

    $500
  73. Olean Theatre WorkshopOlean, NY

    Annual gift

    $500
  74. Olean Portville Lions ClubOlean, NY

    Annual gift

    $250
  75. Allegany -Limestone Youth Football and Cheer ProgramAllegany, NY

    Annual gift

    $250
  76. Allegany Little LeagueAllegany, NY

    Annual gift

    $250
  77. Twin Tiers Pride BaseballOlean, NY

    Annual gift

    $250
  78. East View PTOOlean, NY

    Annual gift

    $250
  79. Allegany- Limestone Central SchoolsAllegany, NY

    Annual gift

    $250
  80. YMCA of the Twin TiersOlean, NY

    Annual gift

    $250
  81. Keynote ChorusDayton, OH

    Annual gift

    $200
  82. Big 30 All-Star Charities ClassicBradford, PA

    Annual gift

    $140
  83. Portville Music BoostersPortville, NY

    Annual gift

    $100
  84. Big 30 Athletic CorporationCoudersport, PA

    Annual gift

    $100
  85. Olean Girls Synergy SoftballOlean, NY

    Annual gift

    $100

Approved for future payment

1 grant

Approved in 2025 and not yet paid.

  1. University of DaytonDayton, OH

    Year 2-10 (2026-2034)

    $450,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking4 grants $126,00063% of the total
  2. Education6 grants $57,10028% of the total
  3. Arts and culture3 grants $10,5005% of the total
  4. Food and agriculture1 grant $4,0002% of the total
  5. Human services2 grants $2,000<1% of the total
  6. Health2 grants $1,500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York73 grants $716,602
  2. Ohio3 grants $52,200
  3. Michigan1 grant $20,000
  4. Florida1 grant $5,000
  5. Pennsylvania5 grants $2,240
  6. Illinois1 grant $1,500
  7. Tennessee1 grant $500

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • James E StittPRESIDENT Hours 1Pay $0
  • John StittDIRECTOR Hours 0.5Pay $0
  • James M StittTREASURER/SECRETARY Hours 1Pay $0
  • Carol StittDIRECTOR Hours 0.5Pay $0

The return

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