Cutco Foundation Inc
Historical FunderOlean, New York · EIN 16-1491450 · Private foundation
Grants paid (2025)$798K
Organizations funded85
Typical grant$1,000
Total assets$13.6M
Half of its grants to organizations were between $500 and $5,000.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | MR JAMES M STITT |
|---|---|
| Address | 1116 E STATE STREET, OLEAN NY 14760 |
| Phone | 7163723111 |
| Form and materials | FORMAL WRITTEN REQUEST WITH SUPPORTING DOCUMENTATION |
| Deadlines | NONE |
| Restrictions | EDUCATIONAL, HEALTH AND YOUTH AS RESTRICTED BY BY-LAWS OF THE CORPORATION |
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
14% of grants went outside New York.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Jamestown Community College Foundation | Olean, NY | Annual gift | $100,000 |
| Olean General Hospital Foundation | Olean, NY | Annual gift | $100,000 |
| St Bonaventure University | St Bonaventure, NY | Pledge | $100,000 |
| YMCA of the Twin Tiers | Olean, NY | Pledge | $100,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $50,000 |
| University of Dayton | Dayton, OH | Pledge | $50,000 |
| United Way of Cattaraugus & Allegany Counties | Olean, NY | Annual gift | $40,000 |
| Saint Bonaventure University | St Bonaventure, NY | Annual gift | $25,000 |
| Southern Tier Health Care Systems | Olean, NY | Annual gift | $25,000 |
| Ca-Didi | Olean, NY | Annual gift | $20,000 |
| Purdue University | Detroit, MI | Pledge | $20,000 |
| Roswell Park Alliance Foundation | Buffalo, NY | Annual gift | $15,000 |
| American Red Cross | Buffalo, NY | Annual gift | $15,000 |
| American Red Cross | Buffalo, NY | Annual gift | $10,000 |
| Intandem | Olean, NY | Annual gift | $10,000 |
| Circle the Wagons Foundation | Orchard Park, NY | Annual gift | $10,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $5,000 |
| Southern Tier Catholic School Archbishop Walsh Acadamy | Olean, NY | Annual gift | $5,000 |
| Bonita Springs Senior Citizen Center | Bonita Springs, FL | Annual gift | $5,000 |
| Boy Scouts of America - Alleghany Highlands Council | Falconer, NY | Annual gift | $5,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $5,000 |
| Tri-County Arts Council | Olean, NY | Annual gift | $5,000 |
| Tri-County Arts Council | Olean, NY | Match | $5,000 |
| Saint Bonaventure University | St Bonaventure, NY | Match | $5,000 |
| Christ United Methodist Church | Olean, NY | Annual gift | $4,000 |
| Houghton University | Houghton, NY | Annual gift | $4,000 |
| Olean Food Pantry | Olean, NY | Annual gift | $4,000 |
| Home Care & Hospice | Olean, NY | Annual gift | $3,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $2,500 |
| Alzheimer's Association Wny Chapter | Amherst, NY | Annual gift | $2,500 |
| Girls Scouts of Wny | Buffalo, NY | Annual gift | $2,000 |
| Special Olympics New York | Williamsville, NY | Annual gift | $2,000 |
| Immanuel Christian Child Care | Olean, NY | Annual gift | $2,000 |
| Olean YMCA | Olean, NY | Annual gift | $2,000 |
| Saint Bonaventure University | St Bonaventure, NY | Annual gift | $2,000 |
| Salvation Army | Olean, NY | Annual gift | $2,000 |
| Jamestown Community College Foundation | Olean, NY | Match | $2,000 |
| Saint Bonaventure University | St Bonaventure, NY | Match | $2,000 |
| University of Dayton | Dayton, OH | Match | $2,000 |
| Equestrian Connection | Libertyville, IL | Annual gift | $1,500 |
| Canticle Farm | Allegany, NY | Annual gift | $1,152 |
| Friends of the Library of Olean NY | Olean, NY | Annual gift | $1,000 |
| Genesis House of Olean Inc | Olean, NY | Annual gift | $1,000 |
| Mercyflight of Wny | Buffalo, NY | Annual gift | $1,000 |
| Nfjc of Wny | Amherst, NY | Annual gift | $1,000 |
| Rural Outreach Center | East Aurora, NY | Annual gift | $1,000 |
| Care for Children | Bradford, PA | Annual gift | $1,000 |
| Southern Tier Wounded Warrior Benefit | Allegany, NY | Annual gift | $1,000 |
| Olean High School Alumni Assoc | Olean, NY | Annual gift | $1,000 |
| Pfeiffer Nature Center | Portville, NY | Annual gift | $1,000 |
| Create the Culture | Olean, NY | Annual gift | $1,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $1,000 |
| American Cancer Society | Syracuse, NY | Annual gift | $1,000 |
| Friends of Good Music | Olean, NY | Annual gift | $1,000 |
| Interfaith Caregivers | Olean, NY | Annual gift | $1,000 |
| Cattaraugus Region Community Foundation | Olean, NY | Annual gift | $1,000 |
| St Stephens Episcopal Church | Olean, NY | Annual gift | $1,000 |
| Cattaraugus County SPCA | Olean, NY | Match | $1,000 |
| Tlc Oishei Corp | Olean, NY | Annual gift | $1,000 |
| Mount View Cemetery | Olean, NY | Annual gift | $500 |
Showing the 60 largest of 85 grants to organizations.
Grants approved for future payment
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| University of Dayton | Dayton, OH | Year 2-10 (2026-2034) | $450,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $798,042 | 86 |
| 2024 | $637,690 | 78 |
| 2023 | $957,412 | 83 |
Sources
- IRS Form 990-PF, tax year 2025, filed May 11, 2026 - IRS e-file batch, object ID 202621319349102217
- IRS Tax Exempt Organization Search for EIN 16-1491450
- Profile updated Nov 5, 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.