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Cutler Scholars Fund Inc. is a private corporation based in CUTLER, ME. The foundation received its IRS ruling in 2007. The principal officer is Marilyn M Murdock. It holds total assets of $18K. Annual income is reported at $15K. Total assets have decreased from $23K in 2011 to $17K in 2023. The foundation is governed by 3 officers and trustees. Scholarships to cutler students. Tax records are available from 2016 to 2023. According to available records, Cutler Scholars Fund Inc. has made 9 grants totaling $36K, with a median grant of $5K. Annual giving has decreased from $23K in 2022 to $13K in 2023. Individual grants have ranged from $1K to $6K, with an average award of $4K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Cutler Scholars Fund Inc. reported 9 individual grants totaling $35,900 between 2022 and 2023 across its IRS Form 990-PF filings, with a median grant of $5,200. Half of those grants fell between $2,000 and $5,500. Its most recent available filing, for fiscal year 2023, reports $13,563 in total giving.
Grantmaking is concentrated in ME, which received 9 of the 9 grants on record (100 percent). Of its 5 distinct grantees, 40 percent received funding more than once, so repeat relationships are the norm rather than the exception.
Computed from 9 individual grant records (2022–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Scholarships to cutler students
Expenses: $555
Scholarships to cutler students. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in ME.
Cutler Scholars Fund Inc. has distributed a total of $36K across 9 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $6K.
Scholarships to cutler students. See application for further requirements.
Cutler Scholars Fund Inc. is headquartered in CUTLER, ME.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marilyn M Murdock | PRESIDENT AND TREASURER | $0 | $0 | N/A |
| Josephine Kord | SECRETARY | $0 | $0 | N/A |
| Elizabeth Duzen | TRUSTEE | $0 | $0 | N/A |
Total Giving
$14K
Total Assets
$17K
Fair Market Value
$17K
Net Worth
$17K
Grants Paid
$13K
Contributions
$18K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$36K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Isabel Kathryn CatesEDUCATION | Cutler, ME | $6K | 2023 |
| Abby Catherine FitzhenryEDUCATION | Cutler, ME | $3K | 2023 |
| Marissa Shae CatesEDUCATION | Cutler, ME | $2K | 2023 |
| Mackenzie Alexa CatesEDUCATION | Cutler, ME | $2K | 2023 |
| Emma Rae FitzhenryEDUCATION | Cutler, ME | $1K | 2023 |