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Also known as: C/O REBECCA BRODERICK
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Allen B Cutting Foundation is a private corporation based in PALM CITY, FL. The foundation received its IRS ruling in 1997. The principal officer is Rebecca Broderick. It holds total assets of $7.4M. Annual income is reported at $1.2M. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Funding is distributed across 5 states, including Wyoming, South Dakota, Michigan. According to available records, Allen B Cutting Foundation has made 15 grants totaling $1.1M, with a median grant of $35K. The foundation has distributed between $360K and $380K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $380K distributed across 6 grants. Individual grants have ranged from $15K to $175K, with an average award of $74K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Wyoming, Michigan, South Dakota, which account for 60% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$30K
Median Grant
$40K
Average Grant
$72K
Largest Grant
$140K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Allen B Cutting Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in WY, MI, SD.
Allen B Cutting Foundation has distributed a total of $1.1M across 15 grants. The median grant size is $35K, with an average of $74K. Individual grants have ranged from $15K to $175K.
Allen B Cutting Foundation typically selects its grantees rather than accepting unsolicited proposals.
Allen B Cutting Foundation is headquartered in PALM CITY, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebecca Cutting Broderick | TREASURER | $15K | $0 | $15K |
| Joan L Cutting | PRESIDENT | $0 | $0 | N/A |
| Margaret Cutting Manuel | V.P./SEC | $0 | $0 | N/A |
| Edward C Manuel | DIRECTOR | $0 | $0 | N/A |
Total Giving
$416K
Total Assets
$7.5M
Fair Market Value
$7.9M
Net Worth
$7.5M
Grants Paid
$370K
Contributions
$6K
Net Investment Income
$171K
Distribution Amount
$376K
Total Grants
15
Total Giving
$1.1M
Average Grant
$74K
Median Grant
$35K
Unique Recipients
6
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Teton Science SchoolEDUCATION | Jackson, WY | $175K | 2023 |
| Interlochen Center Of ArtsEDUCATION | Interlochen, MI | $125K | 2023 |
| Red Cloud Indian SchoolEDUCATION | Pine Ridge, SD | $35K | 2023 |
| Foundation Fighting BlindnessEDUCATION | Columbia, MD | $35K | 2023 |
| Hibiscus House Children'S FoundatioEDUCATION | Fort Pierce, FL | $20K | 2022 |
| Earth At HeartEDUCATION | Beachwood, OH | $15K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL